this post was submitted on 04 Oct 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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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.

[–] cralder 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.