DigitalOcean Is Doing Layoffs Right Now

Re:DigitalOcean Is Doing Layoffs Right Now by ihatepython on Wednesday February 15, 2023 @10:13AM (#34804860)

> When you can get a 5% risk-free return from treasuries, even 7% rate of return is unattractive when compared to the safest asset on earth returning 5%.

I got news for you. The riskiest place to park your money right now is government bonds. Long-dated US treasuries are risky. You will end up losing everything.

But if you insist on US treasuries, be my guest. I need someone to trade against.

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Re:DigitalOcean Is Doing Layoffs Right Now by vitaflo on Wednesday February 15, 2023 @10:16AM (#34804902)

Treasuries return exactly what is printed on the coupon, no more, no less. Short of government default, they are as risk free as you can get.

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Re:DigitalOcean Is Doing Layoffs Right Now by ejb999 on Wednesday February 15, 2023 @10:47AM (#34805352)

and if the government every truly defaults, you are pretty much screwed no matter what you own.

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Re:DigitalOcean Is Doing Layoffs Right Now by ihatepython on Wednesday February 15, 2023 @09:52PM (#34814371)

Gold and private assets in general are a hedge against government collapse

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Re:DigitalOcean Is Doing Layoffs Right Now by ihatepython on Wednesday February 15, 2023 @09:53PM (#34814378)

Can you name a time in history where government has not defaulted?

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Re:DigitalOcean Is Doing Layoffs Right Now by boc on Wednesday February 15, 2023 @10:44AM (#34805302)

I’ve seen some fascinating stuff on this site, but someone claiming to trade against T-Bills is hilarious.

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Re:DigitalOcean Is Doing Layoffs Right Now by strickman on Wednesday February 15, 2023 @11:50AM (#34806636)

Well of course you don't do long-dated. You open a Vanguard account and put your cash in something like VMFXX; average maturity is 11 days. 4.5%

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