this post was submitted on 04 Oct 2024
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Yes and good luck finding a 8% treasury (and please let me know if you do) ๐
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"