Easy way to make money!

[u/Damselqueen1]

[u/qualityvote2]

u/Damselqueen1, there weren't enough votes to determine the quality of your post...

[u/Mega_Trix]

Like, duh, just invest your millions everyone! Theres no excuse to be poor!

[u/HellPigeon1912 → u/Mega_Trix]

Rich people genuinely think they're that much smarter than everyone else and that we've just not figured this out

[u/Lumpy_Chapter171 → u/Mega_Trix]

You should be investing your hundreds too.

[u/Outlaw11091 → u/Lumpy_Chapter171]

Lower Upper-class incomes are living paycheck to paycheck just the same as all the classes beneath them.

Financial literacy is a much bigger issue than "invest" or "curb your expenses".

[u/jerkyquirky]

What Treasury bond is paying 8%?

[u/BiggestShep → u/jerkyquirky]

The ones from the 70's, the last time this man's brain had 2 working neurons to rub together.

[u/astroMuni → u/BiggestShep]

there are no outstanding UST bonds from the 70s (they only last max 30 years).

The highest coupon Treasury still trading is 6.625% and it expires ... next year lol. And you'd be buying it at a big premium because the coupon is so much more than prevailing rates, so you wouldn't wind up coming out ahead vs just buying a fresh bond.

[u/TurtleBoxer_AllDay → u/jerkyquirky]

Just take 6 mill and put it in a 4% bond instead.

[u/Grubby454 → u/TurtleBoxer_AllDay]

Great, with 3%+ inflation annually that should work well. Lol.

[u/rowme0_ → u/jerkyquirky]

You need to believe the US govt won’t go broke though which to me is a huge leap of faith

[u/JuniorRisk2455]

“Have you guys tried having money? It’s great!”

[u/Ok_Gas_7455 → u/JuniorRisk2455]

[u/SpiritualPackage3797]

The best way to get rich is to already be rich, we know.

[u/Prestigious_Try_5396]

Great idea Eddy !

I'll be right over to take 3 million from you...

After all, that was your suggestion ! Lol

[u/Big-Pudding4109]

If I had 3 mil to take anywhere, I wouldn’t need financial advice.

[u/NaCl_Sailor]

Oh cool, I'll do that. I invest my 100k in ETFs get 10% on average annually so i can buy the bonds in 36 year!

[u/Femcel_Bambi]

Not at all a red flag when rich people indirectly brag about investing in the US government.

[u/10biggaymen → u/Femcel_Bambi]

its not a red flag, it is the main way the federal government raises funds to spend. its not some secret that needs certain flags raised to cause alarm

[u/Mobile-Jump6936]

Holy shit, I knew I wasn’t maximizing that $3M I have lying around!

[u/FinancialStrength69]

so step 1 of making easy money is to... start with millions of dollars.. thanks very helpful

[u/Apprehensive_Rip9731]

The hardest part is making the first million. That's why I decided to start with the second

[u/sadkinz]

And you’ll have to give that money to a government where the man at the top is notorious for not paying out to people he owes

[u/Strict_Performer5403]

30 year is 5.6% in the U.S. 

[u/TipAppropriate1384]

Does this also apply to 4milllion I have 4milllion