CombatWombatEsq@lemmy.world to Technology@lemmy.worldEnglish · 3 days agoAlphabet selling very rare 100-year bonds to help fund AI investmentarstechnica.comexternal-linkmessage-square87linkfedilinkarrow-up1446arrow-down114file-text
arrow-up1432arrow-down1external-linkAlphabet selling very rare 100-year bonds to help fund AI investmentarstechnica.comCombatWombatEsq@lemmy.world to Technology@lemmy.worldEnglish · 3 days agomessage-square87linkfedilinkfile-text
My favorite comment on the article is “The problem with capitalism is that you eventually run out of other people’s money."
minus-squareBlackLaZoR@fedia.iolinkfedilinkarrow-up91·3 days agoCan I sell 100y bonds too? It sounds like an amazing opportunity
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkEnglisharrow-up23·3 days agoSure! You can sell whatever you like! The trick is finding a buyer.
minus-squarewonderingwanderer@sopuli.xyzlinkfedilinkEnglisharrow-up3·2 days agoHello good sir, would you be interested in giving me one million dollars for these exclusive, limited-time offer bonds which will mature in 100 years for a whopping 5% ROI? That’s $50,000 in free money†. Your grandchildren will thank you! ~† not adjusted for inflation~
minus-squareredditmademedoit@piefed.ziplinkfedilinkEnglisharrow-up22·3 days agoWell, it’s not uncommon in some countries with perpetual loans for individuals, so sure! It’s usually a matter of agreeing the right interest and offering the right security. You will get a worse deal than Google.
minus-squareCombatWombatEsq@lemmy.worldOPlinkfedilinkEnglisharrow-up15·2 days agoI would pay like $1 for $100 100 year bond from a random account on the fediverse just for the novelty, tbh. Edit: actually I should probably be asking more like $800 on a one dollar investment now that I think about it. Compounding interest go brrr.
minus-squareBlackLaZoR@fedia.iolinkfedilinkarrow-up7·2 days agoI’ll promise to give you anything in 100 years if you gave me your $100 now. It’s a fair offer right?
minus-squareValmond@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·2 days agoYou have to pay the interests every year though so yeah why not? I’d invest in you!
Can I sell 100y bonds too? It sounds like an amazing opportunity
Sure! You can sell whatever you like! The trick is finding a buyer.
Hello good sir, would you be interested in giving me one million dollars for these exclusive, limited-time offer bonds which will mature in 100 years for a whopping 5% ROI? That’s $50,000 in free money†. Your grandchildren will thank you!
~† not adjusted for inflation~
Well, it’s not uncommon in some countries with perpetual loans for individuals, so sure!
It’s usually a matter of agreeing the right interest and offering the right security. You will get a worse deal than Google.
I would pay like $1 for $100 100 year bond from a random account on the fediverse just for the novelty, tbh.
Edit: actually I should probably be asking more like $800 on a one dollar investment now that I think about it. Compounding interest go brrr.
I’ll promise to give you anything in 100 years if you gave me your $100 now. It’s a fair offer right?
You have to pay the interests every year though so yeah why not? I’d invest in you!