• UnderpantsWeevil@lemmy.world
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    15 hours ago

    The average national savings account interest rate (and you’d get a much better one with 100 million) is 0.42 APY.

    Treasury Notes are 10x that rate. This mostly just illustrates how scammy and cheap your average bank has grown.

    • Dasus@lemmy.world
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      14 hours ago

      Yeah, my point here being that even with the puniest of interest rates, you’d still make more than enough just off the interest to live somewhat comfortably. And in reality, you’d make millions and you’d have so much you could risk a little of it while still having those safe investments yielding all the time.