Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 17 hours agoPassive incomelemmy.worldimagemessage-square77fedilinkarrow-up11.17Karrow-down19
arrow-up11.16Karrow-down1imagePassive incomelemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 17 hours agomessage-square77fedilink
minus-squareZoidberglinkfedilinkEnglisharrow-up22arrow-down1·5 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-up1·edit-22 minutes 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.