Thursday, June 30, 2011

How To Get Paid To Do Nothing, Part 2: The Easy Billionaire

This is so funny. It's like my original post, only better. I only wish I had thought to write it up myself because I've often shared these specific sentiments with others but never bothered to blog about it. I'm sure others have, as well.

I found the write-up via Ragnar Is A Pirate, but original credit goes to Business Insider, how to become a billionaire in the easiest way possible, courtesy of the Fed:
STEP 1: Form a bank.
STEP 2: Round up a bunch of unemployed friends to be "bankers."
STEP 3: Raise $1 billion of equity. (This is the only tricky step. And it's not that tricky. See below.*)
STEP 4: Borrow $9 billion from the Fed at an annual cost of 0.25%.
STEP 5: Buy $10 billion of 30-year Treasuries paying 4.45%
STEP 6: Sit back and watch the cash flow in.
There are a few more steps, you'll want to read the rest if you enjoyed these or would like to learn more about how you, too, can get paid to do nothing and thereby become a billionaire banker.

6 comments:

  1. Due to the fact that teachers have been too arrogant lately, I have an excellent assistant writing care plans which does various written work for a small price competently and efficiently, and most importantly with meaning

    ReplyDelete
  2. 스포츠중계

    Аs tҺe аdmin oof this site іs աorking, no uncertainty very shօrtly іt will be well-known, due to its feature contents.

    ReplyDelete
  3. 토토 Thanks for this helpful article. Looking forward to having my portfolio. You can also read some of my great reviews about Best

    ReplyDelete
  4. I don’t know whether it’s just me or if perhaps everyone else experiencing problems with your blog.
    It looks like some of the text within your posts are running off the screen. Can someone else please provide feedback and let me know if this is happening to them as well?
    This may be a issue with my browser because I’ve had
    this happen previously. Cheers
    토토사이트

    ReplyDelete
  5. While the blog post explores the idea of getting paid to do nothing from a different perspective, the keyword highlights the potential benefits of leveraging tools. How Many Receipts Are Scanned On Fetch In February, scanning receipts on Fetch can contribute to a comprehensive overview of expenses, aiding in budgeting, financial planning, and expense tracking. Check it

    ReplyDelete
  6. The concept of getting paid to do nothing is certainly intriguing! By the way, if you're looking to make the most of your money, I wanted to share a great opportunity to save at Target. You can use the coupon code "20 off $100" to enjoy a fantastic $20 discountson your purchase of $100 or more. It's a great way to stretch your budget and get the most out of your shopping experience. Keep up the thought-provoking content on your blog!

    ReplyDelete