Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 16 days agoPassive incomelemmy.worldimagemessage-square130fedilinkarrow-up11.64Karrow-down115
arrow-up11.63Karrow-down1imagePassive incomelemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 16 days agomessage-square130fedilink
minus-squareZoidberg@lemm.eelinkfedilinkEnglisharrow-up42arrow-down3·15 days agoWhat a silly post… First, where are you going to find a 8% treasury bond? Even a few months ago, when they were giving record yields, it didn’t even get close to that. Second, if you borrow $3m with high interest rates (needed to get high yield treasurys) you’ll also pay a high rate on your loan. Duh.
minus-squareCralder@lemmy.worldlinkfedilinkEnglisharrow-up34·edit-215 days agoPretty sure the post assumes you have $3m just sitting in your bank account.
minus-squareLemmchenlinkfedilinkEnglisharrow-up10arrow-down1·15 days agoEven then there’s no investment with guaranteed 8% interest.
What a silly post…
First, where are you going to find a 8% treasury bond? Even a few months ago, when they were giving record yields, it didn’t even get close to that.
Second, if you borrow $3m with high interest rates (needed to get high yield treasurys) you’ll also pay a high rate on your loan. Duh.
Pretty sure the post assumes you have $3m just sitting in your bank account.
Even then there’s no investment with guaranteed 8% interest.