this post was submitted on 04 Oct 2024
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Microblog Memes

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[–] Baaahb@feddit.nl 4 points 1 month ago (1 children)

Set it and forget it. I dont have to worry about the dow contracting with a treasury bond. That's the literal point.

[–] UnderpantsWeevil@lemmy.world 1 points 1 month ago* (last edited 1 month ago) (1 children)

I dont have to worry about the dow contracting with a treasury bond.

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.

[–] Baaahb@feddit.nl 1 points 1 month ago (1 children)

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.

[–] UnderpantsWeevil@lemmy.world 1 points 1 month ago (1 children)

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.

[–] Baaahb@feddit.nl 2 points 1 month ago

This is why people be like "real advice is in the comments"