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What would you invest in right now to make money?
by conanbatt 7y ago
What would you invest in right now to make money?
- tryptophan 7y agoBonds, perhaps corporate ones(yielding 3+% currently), are always a decent choice. Its trivial to make money with 0% loans.
- conanbatt 7y agoIf you got a 0% loan last month and bought an S&P bond index and sold now to pay back the loans, congratulations: you just lost 10%.
- boomboomsubban 7y agoWith that money, a bank checking account would make you a millionaire in months.
- conanbatt 7y agoAPY rates are 0.3% yearly. Not precisely raking it in..
- boomboomsubban 7y agoI consider making three billion dollars in a year raking it in.
- conanbatt 7y agoYou need a trillion dollars to make 3 billion dollars a year with that strategy. Like you could buy Amazon, and have a 100 billion spare still.
- boomboomsubban 7y agoThe topic was about investing a trillion dollars, in which case even the worst growth rate common would make you filthy rich.
- conanbatt 7y agoIt's just not true. Even investing in treasury bonds today has risk of loss. There is no such think as risk-free investments. It can be risk-favored, for sure. And it is definitely a benefit to the receiver. But its not a "guaranteed killing".
- boomboomsubban 7y agoThis conversation is about a hypothetical where we have a trillion dollar loan with no interest. In that situation, taking on the lowest risk for the lowest return, or "bank checking account" would still make you rich. You wouldn't need an amazing knowledge of investments. In actuality, trying to invest that much independently would probably damage the economy, and it's difficult to have any clue what would happen.