COMMUNITY Yall 30-39 Thread

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Americans are increasingly channeling their money into sports betting rather than making long-term investments, raising concerns about the financial health of households across the nation.

Recent research indicates that in states where sports gambling has been legalized, there has been a significant decline in savings and investments in traditionally stable assets such as stocks.

The shift has been accompanied by a rise in credit card debt, lower credit scores, and a surge in bankruptcy filings. While the states have enjoyed substantial tax revenues from this gambling expansion, the broader economic impact suggests a troubling trend of financial instability.

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O.G. said:


Americans are increasingly channeling their money into sports betting rather than making long-term investments, raising concerns about the financial health of households across the nation.

Recent research indicates that in states where sports gambling has been legalized, there has been a significant decline in savings and investments in traditionally stable assets such as stocks.

The shift has been accompanied by a rise in credit card debt, lower credit scores, and a surge in bankruptcy filings. While the states have enjoyed substantial tax revenues from this gambling expansion, the broader economic impact suggests a troubling trend of financial instability.

the-office-i-did.gif
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As you can tell by the sports section most ppl think they have expert knowledge on sports plus the payout is instant

Investment not so much or investment bankers/brokers wouldn’t exist plus it’s a long term action
 
O.G. said:


Americans are increasingly channeling their money into sports betting rather than making long-term investments, raising concerns about the financial health of households across the nation.

Recent research indicates that in states where sports gambling has been legalized, there has been a significant decline in savings and investments in traditionally stable assets such as stocks.

The shift has been accompanied by a rise in credit card debt, lower credit scores, and a surge in bankruptcy filings. While the states have enjoyed substantial tax revenues from this gambling expansion, the broader economic impact suggests a troubling trend of financial instability.

the-office-i-did.gif
Click to expand...

Sounds like it's still an investment opportunity


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I would even consider investing in any stocks that own companies that help ppl trying to fix their credit/finances like credit karma, need wallet etc

Like INTUIT stock
 
Took the fam to NYC this weekend. We was on one of those guided tours. The guide said that 1 out of every 40 Americans in the US lives in NYC. I had to hit up Google and do the math on that. It's true. What the F? You mean to tell me that as big as this country is from a land standpoint, 1/40th of the entire population lives in one city? That's crazy.
 
The Lonious Monk said:
Took the fam to NYC this weekend. We was on one of those guided tours. The guide said that 1 out of every 40 Americans in the US lives in NYC. I had to hit up Google and do the math on that. It's true. What the F? You mean to tell me that as big as this country is from a land standpoint, 1/40th of the entire population lives in one city? That's crazy.
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To be fair each borough should really be its own city…they cheating
 
Rubato said:
To be fair each borough should really be its own city…they cheating
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No doubt it's a very big city, but Houston and L.A. are bigger and their populations are much smaller.

I just assumed that ATL was bigger being that it was down south and things tend to be more spread out, but NYC is larger by a good bit.
 
The Lonious Monk said:
No doubt it's a very big city, but Houston and L.A. are bigger and their populations are much smaller.

I just assumed that ATL was bigger being that it was down south and things tend to be more spread out, but NYC is larger by a good bit.
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No one wants to live in the South

Apparently it's a badge of honor to get to live in a matchbox and ride trains with rats
 
AP3.0 said:
You right

I just wanted to shit on the East Coast before 9am est
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lol I hear ya.

New Yorkers must all be color blind too because they cross the street no matter what color the light is whether cars are coming or not. I had to just stop driving because I was getting the urge to hit people just because.
 
The Lonious Monk said:
lol I hear ya.

New Yorkers must all be color blind too because they cross the street no matter what color the light is whether cars are coming or not. I had to just stop driving because I was getting the urge to hit people just because.
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New York is the only place I've drove where pedestrians will j walk and cuss you clean tf out even tho you have right of way.
 
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