Philosophy Archives - Page 2 of 15 - The Outlier Model

I’m Saving Money, Not Panic Investing in Hydroxychloroquine

Allen Francis / April 8th, 2020 / No Comments

As I write this COVID-19, or the coronavirus, has united the Earth into a global culture of fear, anxiety, and desperation. Over 10 million Americans lost their jobs last month. Millions more will be unemployed this year because of the economic chaos caused by COVID-19. I fear I am not saving enough money now. Anxiety and dread invade my being whenever I think about having enough money saved in the...

Posted in: Money, Personal Finance, Philosophy, saving money, Saving Money Tagged with: coronavirus, covid-19, hydroxychloroquine, investment

What Can Coronavirus Bring To Real Estate?

Allen Francis / April 5th, 2020 / No Comments

When it comes to buying real estate the golden rule is, “location, location, location.” However, the golden rule can also include, “opportunity, opportunity, opportunity.” Yes, you should consider opportunities of the future – even in the midst of a coronavirus, also known as COVID-19, pandemic and global panic. There is no future in despair. Stay safe, stay home, socially distance,...

Posted in: Money, Personal Finance, Philosophy, Real Estate Tagged with: coronavirus, covid-19, covid19, investment, real estate

Now May Be the Best Time to Invest in the Airline Industry

Allen Francis / March 25th, 2020 / No Comments

I am a grown man, but I am not afraid to tell you that I am terrified. Probably just like the rest of the world right now. The COVID-19 pandemic slowly engulfing the world is shutting down almost every area of industry. Major sports seasons have been suspended or canceled. The retail and service industries have ground to a halt causing the layoffs and firings of millions. It seems like we live in...

Posted in: Business, Education, Money, Personal Finance, Philosophy, Travel Tagged with: airline industry, investment

Panic Buying face masks Wastes Money (I keep Telling Myself)

Allen Francis / March 11th, 2020 / No Comments

Panic only makes tunnel vision narrower and emboldens irrational thinking. I am not preaching. Right now, I am seriously considering spending hundreds of dollars a month on medical and respirator face masks. Facts and reality alleviate panic and eliminates panic-buying regret (I don’t know why I need a face mask. As of this writing, over 110,000 people on Earth have COVID-19. In December 2019, only...

Posted in: Health, Money, Personal Finance, Philosophy, saving money, Saving Money Tagged with: coronavirus