Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 24 hours agoPassive incomelemmy.worldimagemessage-square95fedilinkarrow-up11.34Karrow-down111
arrow-up11.33Karrow-down1imagePassive incomelemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 24 hours agomessage-square95fedilink
minus-squareZoidberg@lemm.eelinkfedilinkEnglisharrow-up39arrow-down2·12 hours 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-up26·edit-27 hours agoPretty sure the post assumes you have $3m just sitting in your bank account.
minus-squareLemmchen@feddit.orglinkfedilinkEnglisharrow-up7·6 hours 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.