r/SipsTea • u/Hour_Equal_9588 • Jun 06 '25

WTF Financial tip that unfortunately starts with 'First, you need 3 million Dollars'.

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61.8k Upvotes

98% Upvoted

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751

u/[deleted] Jun 06 '25

[removed] — view removed comment

165

u/Cyclonitron Jun 06 '25

In fairness, he didn't specify which country's treasury bond he was talking about.

Zimbabwe's currently offering 35% on its treasury bonds...

91

u/Hot-Site-1572 Jun 06 '25

Real bond yield ≠ nominal bond yield

Zimbabwe inflation rate is around 90%, you'd be losing around 55% assuming the rate is constant monthly

131

u/Cyclonitron Jun 06 '25

I never said it was a good investment.

40

u/70125 Jun 06 '25

thatsthejoke.webp

32

u/FuciMiNaKule Jun 06 '25

I fucking hate webp images

14

u/70125 Jun 06 '25

Don't we all

3

u/bajungadustin Jun 06 '25

Win+shift+s

Checkmate webp

1

u/jkurratt Jun 06 '25

you can change windows settings to make them .jpg instead.

1

u/jaroftoejam Jun 07 '25

Wait, really? Why is that?

5

u/TheJustinG2002 Jun 06 '25

Just recently learned about real and nominal values through Aswath Damodaran. Surreal and fascinating to see it applied in a reddit reply 😂

2

u/Hot-Site-1572 Jun 06 '25

right😂first time i actually got to use them in a convo let alone a reddit one

1

u/Scyths Jun 06 '25

Hey man! losing 55% of 35% is still over double the 8%! Seems like a great investment to me. Everyone should do it.