1624
Passive income
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Oct 2024
1624 points (100.0% liked)
Microblog Memes
5778 readers
1239 users here now
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.
Rules:
- 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.
Related communities:
founded 1 year ago
MODERATORS
The DOW grew 25% over the last year.
The S&P grew 30%
The NASDAQ grew 35%
What are you doing buying 8% Treasury Bonds?
Set it and forget it. I dont have to worry about the dow contracting with a treasury bond. That's the literal point.
Point to a five year period in which the DOW ended lower than when it started.
If you're operating at the scale of a high yield treasury, you'd be far better off in the market over the long term.
I dont disagree, but nothing about what you have said invalidates what I had stated. Set it and forget it is the point. Give it to your grandkids.
You could do the same with shares in Berkshire or a S&P index fund, to better effect.
Especially at the scale of "national economy", if you're betting on Treasuries you are effectively betting on the economy as a whole. Just at a lower potential yield.
This is why people be like "real advice is in the comments"