The COVID-19 pandemic is affecting Americans adversely across all social spectrums. Its economic, social, and medical toll is widely publicized.
However, there’s growing evidence that it’s the poor that are suffering disproportionately. Research suggests that the poor and those living in distressed communities are more likely to catch the disease, and because the poor are generally less healthy and have less access to quality health care, they are also more likely to die from it.
The earliest NFL players were jacks of all trades, with many players playing multiple positions on both offense and defense and sometimes playing every down.
George Blanda was one of the best players of his era in the ’50s and ’60s, and he was one of these jacks of all trades. On one play, you’d see him throw a touchdown and then on the next play kick the extra point.
Road trips are great.
As a kid, we didn’t have phones to keep us occupied and only a few games to chew up time. The “99 Bottles of Beer” song (“99 Bottles of Root Beer” in our family) got real old fast.
With nothing else to do, we spent the time asking our parents a lot of questions and just taking in the new scenery.
Towards the end of 2019, there were rumblings in the financial community of an impending recession in 2020.
The economy had been expanding for more than ten years – longer than any expansion in history – so recession was only a matter of when not if. Fast forward to today, and the markets are in a panic. In only a month, the Dow has dropped more than 20%.
Does a recession-resistant investment exist?
When it comes to affordable housing, it seems misinformed investors come up with excuses for NOT investing in this overlooked sector.
Additionally, there is one subsegment of affordable housing that particularly turns those investors off – mobile home or manufactured home communities (“MHCs”).
When you hear real estate mentioned in the News, it’s typically in connection with a discussion of the state of the overall economy and often includes predictions for the next 12 months.
The coronavirus drove the 3,600 point drop in the Stock Market this week, but it wasn’t the actual effect on the virus, but the fear of its effect that drove the plunge.
As in the case of infection where the body’s response to the infection in the form of fever is often more painful than the infection itself, the same holds true for epidemics and the economy.
The panic and overreaction are often more harmful than the actual tangible effect of the disease on the economy.
Many investors solely focus on home-run investments. They lust over the memes on social media, like:
“If you invested $100 in BigCompany in 2003, today would be worth $9,000,000. Yeah, that looks about right.”
The smartest investors are not those taking the biggest risks or those backing the next biggest social media app. The smartest investors are those that look beyond ROI.
Many investors solely focus on home-run investments. They lust over the memes on social media, like:
“If you invested $100 in BigCompany in 2003, today would be worth $9,000,000. Yeah, that looks about right.”
The smartest investors are not those taking the biggest risks or those backing the next biggest social media app. The smartest investors are those that look beyond ROI.
Based on data from the College Board, here is the average annual cost of college education, including tuition, room & board, books & supplies, transportation, etc.:
Public Colleges (in-state): $25,290
Public Colleges (out-of-state): $40,940
Private Colleges: $50,900
That is the AVERAGE Cost for Just ONE Year!