Thursday, July 01, 2021

Why is it...

...that when many people get a nice windfall of cash, they put it all into things like homes and luxuries instead of investments?  Picture here is Stacey Abrams, who's used whatever income she has for a series of homes in the same county.   I can get upgrading one's home while putting something in the bank or investments to keep it paid for, but several homes in the same county?  It smells of "look what I can do now that I've got big speaking fees and book royalties."

I sort of get owning a second home in one's favorite retreat, but this perplexes me.

Also in the news, Ken Cooper, arguably the "Godfather of Aerobic exercise" since the 1960s, must be screaming at the screen at this bit; the Air Force is removing running and push-ups from their physical fitness tests.  For the uninitiated, Cooper is the doctor who discovered that the physical fitness standards for the Air Force in the early 1960s were leaving personnel, especially pilots likely to be shot down in Vietnam, woefully unprepared.  If you're running from the Viet Cong, a bit of aerobic fitness is a bit of a good idea, and the 1.5 mile run that's being abandoned is the Cooper aerobic fitness test he devised all those years ago.

1 comment:

Hearth said...

If I get a windfall of cash, I am definitely investing in real estate. Far, far away from HERE.

PS what a happy surprise to click over and find you blogging again!!!!!! :)