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Monday, 24 May 2021

Would you Buy an Irredeemable Bond Paying 15%?

Anyone for an annuity? Perpetual Bond? Given the Bitcoins growth over time should exceed 18% that would leave a good margin for the bond issuers. That 18% number is based on the bitcoin having and demand staying were it is. In other words the price doubling every 4 years, which I would say is the lower bound of possibilities. Historical gains in bitcoin are currently between 120% and 200% per year. 

Current annuities in New Zealand are paying out 2.7% so it would be very competitive just to get 15%..

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