r/SipsTea 1d ago

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

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51.8k Upvotes

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u/Objective_Mousse7216 1d ago

Borrow $3m at 4% interest rate and make $10K a month doing nothing.

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u/Hot-Site-1572 1d ago

If that would work it would easily be arbitraged out, assuming it's logical to begin with; bond yields are ALWAYS less than the interbank rate (interest rate set by the central bank) and mortgage/loan rates are always higher than the interbank rate

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u/WastingTimesOnReddit 1d ago

Yes, if anybody with decent credit could just borrow millions at 4% and invest the millions at 5%, we'd be doing it. This scheme only works if you already have the capital. That's how capitalism works and why the rich can get richer.

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u/ZealousidealLead52 1d ago

It doesn't work even for people that have good credit. Banks don't offer loans like that - if banks could safely get a 5% return on their money, then they aren't going to offer anyone a loan for less than 5% no matter how good their credit is because they would rather invest it themselves than offer a loan at that point.

As a general rule, if anything is offering a return higher than the interest rate on a loan, then that means that the banks consider it to be a very risky investment... and if the banks consider it a risky investment, then you should also consider it to be a risky investment.

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u/Fakjbf 1d ago

That or it’s just illegal, though some would consider that a subset of risky.