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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Please put at least one word relevant to the post in the post title.
Be nice.
No advertising, brand promotion or guerilla marketing.
Posters are encouraged to link to the toot or tweet etc in the description of posts.

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Passive income (lemmy.world)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 39 points 2 months 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 2 months ago* (last edited 2 months ago) (1 children)

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

[–] [email protected] 9 points 2 months ago

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