What do you think about with current News and Opinions?

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Something to understand what nurses think about re the Current News and their opinions!

9 hours ago, chare said:

That's interesting.  I visited Media Bia/Fact Check before I last posted, and again just now, and they list Investopedia as least biased, without either left or right bias.

Yes, I saw the same.

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14 hours ago, subee said:

mediabiasfactcheck.com

 

It comes down to buying power! 

Covid..... no travel, restaurants, no private school fees, entertainment, concerts etc , New vehicles etc etc..... therefore... Mucho Savings. 

Over $300k, have stocks, money management.... so further increase in wealth! Volatile market and in business groups means information sharing and avenues to advice, so better chances to gain and not lose! 

These people all made money! Everyone else had to dip into their savings or had to work! 

Now a raft of evictions and foreclosures. Sorry to say this, but I anticipated this and lined up several lines of credit knowing that cheap properties will become available. Also took on two new silent partner investors who will get a tax free return on their investments of 17% if I need to borrow money from them. Also I sold my house last year and moved into a construction trailer and loving the savings and the lifestyle. I took those profits and immediately reinvested into two new properties to offset capital gains. 

None of my renters have failed to pay because I hold out and vet carefully instead of just thinking about renting my units. It pays to be risk adverse. My properties all generate a positive net income, because I always buy low when distressed. 

The really wealthy have disposable income to invest when good prospects come along and the educated money managers to increase those prospects! They place themselves into the positions to take advantage of opportunities! 

IMO, the best way to live is to really reduce your outgoings at every opportunity. Many acquaintances I know, are in deep financial binds, because of previous spending habits and lack of savings! Their self esteem was wrapped up in possessions. Now they have crippling mortgages, car payments etc, because they pursued a lifestyle! 

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Specializes in Med-Surg.

No traveling fluffed up my savings as well.

I 100% agree that someone shouldn't sacrifice for the sake of a house and car and pursing a lifestyle.  But the frugal lifestyle and accumulating wealth for the sake of accumulating wealth isn't the lifestyle for me either.  I want to travel while I'm young, enjoy good food and concerts, read good books and listen to good music.  

On the other hand perhaps that's while I'm still working at age 62 an age when my more frugal best friend was able to retire.  But I do know I'm going to have a good retirement because of savings and investments.  Part of the reason I can "live for today" is working some overtime to make sure I continue to save and invest, as well as stay out of debt.  

What I don't appreciate is those accumulating wealth and mega-wealth getting favors such as the huge tax cuts Republicans handed them under several administrations.  

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47 minutes ago, Tweety said:

No traveling fluffed up my savings as well.

I 100% agree that someone shouldn't sacrifice for the sake of a house and car and pursing a lifestyle.  But the frugal lifestyle and accumulating wealth for the sake of accumulating wealth isn't the lifestyle for me either.  I want to travel while I'm young, enjoy good food and concerts, read good books and listen to good music.  

On the other hand perhaps that's while I'm still working at age 62 an age when my more frugal best friend was able to retire.  But I do know I'm going to have a good retirement because of savings and investments.  Part of the reason I can "live for today" is working some overtime to make sure I continue to save and invest, as well as stay out of debt.  

What I don't appreciate is those accumulating wealth and mega-wealth getting favors such as the huge tax cuts Republicans handed them under several administrations.  

Hear, hear! 

I work my butt off during the non Winter months and I pay my legal fair share of taxes and these greedy bas***ds, try every which way to avoid theirs! 

The entire system is bought and paid for by the wealthy! 

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Specializes in Private Duty Pediatrics.
4 hours ago, Curious1997 said:

IMO, the best way to live is to really reduce your outgoings at every opportunity. Many acquaintances I know, are in deep financial binds, because of previous spending habits and lack of savings! Their self esteem was wrapped up in possessions. Now they have crippling mortgages, car payments etc, because they pursued a lifestyle! 

You're right; people spend `way too much on things. And going into debt for anything other than a house - and maybe a used car - is a quick way to crippling debt. Crippling, in that they become slaves to debt, to the point that they are unable to leave a poor job because they MUST make their payments.

I don't know what to say about school loans nowadays. I'm an old school Diploma grad. My tuition was something like $5,000 for the three years. I had saved up $2,000 and then received a full scholarship, but even without that, I could have paid the remaining $3,000 in a year. 

Living debt-free is so much easier than what I see around me.

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Specializes in Med-Surg.
1 hour ago, Kitiger said:

You're right; people spend `way too much on things. And going into debt for anything other than a house - and maybe a used car - is a quick way to crippling debt. Crippling, in that they become slaves to debt, to the point that they are unable to leave a poor job because they MUST make their payments.

I don't know what to say about school loans nowadays. I'm an old school Diploma grad. My tuition was something like $5,000 for the three years. I had saved up $2,000 and then received a full scholarship, but even without that, I could have paid the remaining $3,000 in a year. 

Living debt-free is so much easier than what I see around me.

Student loans can cripple people, but I see some people taking out huge loans in expensive schools and taking all they can for "living expenses".  I paid cash for my ADN back in the late 80's and early 90's going part time and working.  By the time I got my BSN from another school,  I borrowed $10K it had gone up that much in 15 years and I worked full time.  Still I thought borrowing was better than taking that much out of my savings.  I paid the loan for two years and got loan forgiveness through the state of Florida so they paid $8,000 of the loan so it was a good decision for me to borrow.

But even those that don't go to expensive schools, that work, still have a debt burden when they graduate and this isn't right that big banks profit so much off of education like that.    

Still, I 100% agree that being debt free is a great feeling.

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Specializes in NICU, PICU, Transport, L&D, Hospice.
3 hours ago, Kitiger said:

You're right; people spend `way too much on things. And going into debt for anything other than a house - and maybe a used car - is a quick way to crippling debt. Crippling, in that they become slaves to debt, to the point that they are unable to leave a poor job because they MUST make their payments.

I don't know what to say about school loans nowadays. I'm an old school Diploma grad. My tuition was something like $5,000 for the three years. I had saved up $2,000 and then received a full scholarship, but even without that, I could have paid the remaining $3,000 in a year. 

Living debt-free is so much easier than what I see around me.

The biggest game in the USA is planning for a retirement and avoiding any expensive encounters with healthcare.   That didn't work for us.  It really only takes one bad diagnosis to clean out a working class retirement savings...an entire lifetime of planning can be gone in the span of just months. 

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1 hour ago, toomuchbaloney said:

The biggest game in the USA is planning for a retirement and avoiding any expensive encounters with healthcare.   That didn't work for us.  It really only takes one bad diagnosis to clean out a working class retirement savings...an entire lifetime of planning can be gone in the span of just months. 

And people still turn their noses up at European socialism! 

I have  British and Danish citizenships. In both countries your taxes takes care of your retirement. You don't have to worry about being bankrupted by health care emergencies and it's why I think these countries are so much happier than ours. 

Their only drawback is the high cost of living but they never seem to want the things we want and they mind their own business. Thinking about it, they really are much more relaxed and happier than we are. 

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Has America turned into Ray Bradbury's, Fahrenheit 451? 

As far as I remember, Bradbury essentially predicted what's happening in today's society. People not reading and addicted to television and movies and scoffing at learned people who gives them good advice and information, but they ignore it. They inform on each other and the govt seeks to stupify the people to control them better? 

Sounds familiar? 

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Specializes in Vents, Telemetry, Home Care, Home infusion.

Lindsay Graham is COVID positive...

 

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37 minutes ago, NRSKarenRN said:

Lindsay Graham is COVID positive...

 

Karma is what? 

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Specializes in NICU, PICU, Transport, L&D, Hospice.
3 hours ago, Curious1997 said:

Karma is what? 

Karma is in heat.

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