Comment on Mamdani Promises: “We’ll Divest From Israel, Ease Crackdown on Pro-Pales
lmdnw@lemmy.world 2 days ago
Sounds like a good move. Only a 5% return and it comes with having to know your money is going to support a genocidal regime led by supremacists? NYC should just take that money and invest in an S&P 500 ETF to more than double the return they are getting from the genocide bonds.
Israeli bonds
S&P 500 ETF
Entirely different asset classes: fixed income vs equity.
Fixed income is for lower risk & volatility with a more predictable (typically lower) rate of return.
Nonetheless, 5% return on bonds is hardly exceptional, and comparable alternatives exist in that asset class.
Thank you for the clarification. So are Israeli bonds the same as a US Treasury bond? Basically just the investor funding the government that the bond is for at that nation’s treasury rate as opposed to the ETF, which is based on market conditions?
So are Israeli bonds the same as a US Treasury bond?
Though I’m no expert, they’re in the same asset class or similar classes. Their investment portfolio may likely include US Treasury bonds, and common financial advice is to diversify by including a mix of other bonds.
The rest you wrote seems about right.
Lovstuhagen@hilariouschaos.com 2 days ago
I fully agree.
I want any money I have invested in any public fund, anywhere, pulled from anything that supports Israel, because that is what I would do if I had any money privately invested that went to Israel.
… This actually has made me realize that the one place I have an investment I am unsure about whether the fund actually is connected to Israel in any way. I am going to ask the next time I am there, and move my money to something else that isn’t invested in Israel if that is the case.