Flying Squid to Microblog Memes@lemmy.worldEnglish • 9 months agoPassive incomelemmy.worldimagemessage-square130arrow-up11.66K
arrow-up11.66KimagePassive incomelemmy.worldFlying Squid to Microblog Memes@lemmy.worldEnglish • 9 months agomessage-square130
minus-square@Zoidberg@lemm.eelinkfedilinkEnglish42•9 months 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-squareCralderlinkfedilinkEnglish34•edit-29 months agoPretty sure the post assumes you have $3m just sitting in your bank account.
minus-square@Lemmchen@feddit.orglinkfedilinkEnglish10•9 months 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.