Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 7 days agoPassive incomelemmy.worldimagemessage-square128fedilinkarrow-up11.59Karrow-down114
arrow-up11.58Karrow-down1imagePassive incomelemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 7 days agomessage-square128fedilink
minus-squareZoidberg@lemm.eelinkfedilinkEnglisharrow-up39arrow-down3·7 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-26 days agoPretty sure the post assumes you have $3m just sitting in your bank account.
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.