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Cake day: August 23rd, 2023

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  • Zoidberg@lemm.eetoMicroblog Memes@lemmy.worldPassive income
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    11 hours ago

    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.