this post was submitted on 04 Oct 2024
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Passive income (lemmy.world)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 39 points 1 month ago (1 children)

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.

[–] [email protected] 34 points 1 month ago* (last edited 1 month ago) (1 children)

Pretty sure the post assumes you have $3m just sitting in your bank account.

[–] [email protected] 9 points 1 month ago

Even then there's no investment with guaranteed 8% interest.