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/biz/ - Business & Finance

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54195066 No.54195066 [Reply] [Original]

A couple of days ago, US2Y peaked at 5%. My Premiere Money Market account is yielding 0.04%. Why should anyone have a savings account when you can just buy treasuries that yield 100x more? What am I missing? Why haven't other people done this?

>> No.54195074

>>54195066
congrats, you've found what Charlie Munger calls a 'mispriced opportunity'. They pop up from time to time like golden treasure in video games. They expire, so don't forget to take advantage when you see them!

>> No.54195077

dumb nigger could have bought GRT a few months ago and 4x'ed your money while getting 10-20% return on delegating

>> No.54195092

>>54195066

you will earn 4% on those, but the dollar will fall 10%, so you are actually losing money

>> No.54195096

>>54195077
Post portfolio

>> No.54195108
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54195108

>>54195074
>mispriced opportunity
You referring to when US2Y hit 5.00%?

>>54195092
Mind explaining it a bit more dumbed down for me?

>> No.54195124

>>54195074
>>54195066
This shit glows
Everything is going to 0 and hyperinflation will slam like a truck.
keeping money might be the dumbest thing you can do.
Don't forget the farmer who sold his farm in germany only to have what was the equivalent to a loaf of bread in exchange for his house and land
Bitcoin is a trap you need to be buying goods and hard assets right now.

I feel sorry for my brothers, I'm a lost soul who is hopeless anyway but to those who have the means you need to be selling anything you don't need, extra cars, un needed jewelry etc and buying proper goods.
Silver and gold are a trap as well why do you think they have forced us into this decision
1. Buy gold and silver, Bank of England pegs them to nothing, and they have no real value during economic failure.
2. Buy crypto currencies and they just shut off the ramps and nobody can exchange it for fiat to turn into hard assets
3, Hold cash that now requires days of labor to unload/find and then trade it for hard assets that convert to 1:1000 ratio

The swamp fox the man who invented guerilla warfare learned this tactic about human psychology, if you box people in say a fort for example and attack on all four sides, the enemy will fight till their dead.

If you leave one side open the enemy will flee for their life, which you can then take advantage of and kill them all as they funnel away dropping their defenses.

You guys have to realize the elite who control us understand how we react and can predict our behavior.

>> No.54195151

2 year treasuries don't keep up with inflation.

>> No.54195161

>>54195066
dude you can get 6% in a CD rn

>> No.54195324

>>54195151
But what does?
Not looking for an extreme investment; just anything better than the current crap rate of 0.04% I'm getting.

>>54195161
Would these be better than a treasury? Obvious long time lurker, first time poster

>> No.54195349

>>54195124
nope sorry still all in on btc, chud

>> No.54195455
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54195455

>>54195108
>Mind explaining it a bit more dumbed down for me?

>you acquire 5% more USD via the Treasury you buy from the state/fed
>the value of the USD drops 10% via inflation instigated by the state/fed
>You are net 5% less able to acquire real resources in the real world

Congrats! And you paid them for the service.

>> No.54195478

>>54195066
This is why banks are failing from deposit runs right now. If they weren’t greedy and paid above market for their deposits they’d be fine

>> No.54197262

>>54195478
This is partially true, they increased certificate of deposits to counteract funds leaving, but then after Silicon Valley Bank was bailed out money is now leaving to larger banks that are too big to fail. This does not mean they are incapable of failing, but that the American government will do whatever it takes to keep them alive.

>> No.54197896

>>54197262
Banks face no business consequences it’s just greed and bailout.

>> No.54197928

>>54195066
idk op why shouldn't you? why shouldn't you stake your money on a risk? why doesn't everyone do it?
who knows. maybe people take a wary glance at such 'easy' money