The Secret to Passive Income Revealed: The $3 Million Treasury Bond Strategy

Aiden Starling

Updated Saturday, May 4, 2024 at 12:00 AM CDT

Are you tired of the daily grind? Dreaming of a way to make money effortlessly? Look no further! A recent tweet by Eddy Elfenbein has caught the attention of social media users, proposing a genius method to generate passive income. The tweet, which has garnered significant engagement, offers a simple solution: invest $3 million in an 8% Treasury bond and watch your bank account grow by $20,000 every month without lifting a finger.

Eddy Elfenbein, a verified user with a professional profile picture, suggests that by purchasing a high-yield Treasury bond, anyone can sit back and enjoy a substantial monthly income. The allure of this tweet is evident, with 788 comments, 497 retweets, 6.7K likes, and a staggering 1.6 million views.

However, not everyone is convinced by this seemingly foolproof plan. Young Parik, another verified user, responded to Eddy's tweet with a touch of sarcasm, stating, "Finally some advice for the common man." This witty response has sparked further engagement, with 28 comments, 53 retweets, 5.1K likes, and 139K views.

While Eddy's tweet may have sparked intrigue and amusement, let's examine the feasibility of his advice. Investing $3 million in an 8% Treasury bond may indeed generate a monthly income of $20,000. However, this strategy is not accessible to the average person, as it requires a substantial initial investment.

Social media users have expressed their skepticism, pointing out the unavailability of such high-yield Treasury bonds and the challenges faced by regular individuals in achieving such wealth. Some users even humorously reference popular culture, drawing parallels to South Park's famous quote, "Shouldn't have been poor, Kenny."

Despite the amusing nature of this tweet exchange, it's crucial to approach financial advice with caution. While the idea of generating passive income is undoubtedly appealing, it's essential to explore more accessible and realistic options within one's means.

So, if you find yourself daydreaming about a life of financial freedom, remember that while Eddy's tweet may have entertained and sparked conversation, it's not a guaranteed path to riches for everyone. Instead, consider exploring various investment strategies that align with your financial goals and resources.

The allure of passive income is undeniable. Eddy Elfenbein's tweet about investing $3 million in an 8% Treasury bond has captivated social media users, sparking both intrigue and skepticism. While the idea of effortless wealth is enticing, it's crucial to approach financial decisions with careful consideration and explore options that suit your circumstances. So, dream big, but also be practical in your pursuit of financial freedom.

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View source: Imgur

Top Comments from Imgur

INeverReadTheTOS

The expression "You gotta spend money to make money" implies that the opposite is also true - that if you lack money, you can't make money.

KoalaOnTheJuice

How to become a millionaire Step 1: Own $3 million dollars

Zetor

These people really live in their own world

METROlD

A 20 year bond is going for 4.500% right now. I dont know what this 8% business is about. Maybe thats when interest rates were super low.

JerBearington

Who the f*** is offering 8% bonds? I Bonds have a rate of 4.28% and you can only purchase $15K worth per year

cdlong

If that math is actually correct, you'd need $750k to make the average US salary.

tellm1by

Like they already said in Southpark : "Look, Kenny, I always told you that one day, being poor was gonna catch up with you. Okay? But you didn't want to listen. You just kept on being poor, and now it's Halloween, and you don't have a cellphone." "Shouldn't have been poor, Kenny."

AlwaysInTheshadows

It's so easy... Why have I not been doing this.

DrywalIJackson

Advice directly from the Elfenbein Tower.

pompoikpoik

great way to invest in public infrastructure ! wait.... this is for the USA... great way to invest in military projects

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