southsider2k5

https://twitter.com/JeffPassan/status/1243586388274098177?s=20

Control over players becomes much more important. You can't draft someone in the 11th-40th round any more. You don't have the incentive to save money for later rounds either. No HS player is going to sign if they aren't drafted early. There is no Bryce Bush to be had for $20k. This is going to be 10 rounds of picks they want. Senior signs will happen from UDFAs.

America owes $1.5 trillion in student loan debt.

So no HS players are going to sign in this manner.

Was just thinking the same thing. I wonder what the rules will be for signing these guys? Good scouting could be a huge advantage here.

I can't speak on the taxes, so I won't. SPY is the ETF that tracks the SP500. It essentially has no cost after you purchase it. Funds have costs, and those fees are subtracted out from your accounts. You are quite literally giving yourself the return of the SP for no cost. Except for maybe the Dow, the other indexes are much more volatile, and over the really long term haven't had the same rates of returns. Personally I wouldn't touch international for a long time, but that is just a preference as their economies are no where near as healthy as ours, and that should scare everyone.

For my two cents I would avoid a managed plan if you have even a minimal amount of self discipline. Invest in about 75% SPY and 25% in some sort of a low fee, high quality corporate bond fund, and then don't touch it for 5 years. Every 5 years, sell 5% of you SPY and move to bonds. By the time you get close to retirement, your holdings should have basically flipped and reversed. If you feel adventurous and have other retirement money, take 5 or 10% of your money out of the SPY and use that to chase your hot stock tips and whims. Realistically by using the top formula you are going to outperform overall fund returns on a really long term basis, but still have some safety built in. If you don't feel like you can follow a plan like this and don't want to risk it, move into a managed plan. But it will cost you 2 to 3% of your money annually to do it.

I have read and watched tons on history. Things like the Plague, 1918 flu, as well as the Great Depression and the Dark Ages, etc. I often wondered about what it would have been like to live through them. Now we might be finding out.

It is an unreal time to be alive.

I can try to work back down the curve, but I feel like Italy's mortality rate has always been WAY high. Even adjusting for something like age of population, it was very high.

Also as of today, the US now leads the world in positive COVID tests.

Undertesting for sure. The US death rate is in the 1-1.5 of total cases. Italy is 10%. That means they are probably undertesting by a factor of between 6-10 times.

are all of the other teams making these kind of moves?

Trust me, I get the end game. I just think the fact that it is essentially illegal immigration being done by a corporation, and the same people who rage over it can't wait to throw cash at them.

And there are still waves more to come who haven't filed yet.

I would think that teams wouldn't have to decide rosters right now though, no?

Its funny, if we were talking about illegal immigrants getting stimulus money there would be massive outrage about money going out of the country. These are quite literally foreign companies operating in a matter to evade our laws and regulations, so where is the outrage?

What will be the key is what they do for bonus pools.

I don't know who might have any ideas, but is there any implications for this action? Are other teams making these kinds of moves? I know we are in a once in a 100 years event, but I am curious why these are still happening.

Too bad you aren't a long jumper, because this jump to conclusions would be a world record.

Local organizations for sure. They have less overhead and the money is much more likely to stay local.

I had taken the day off to go as well for the first time since 2006. Crazy.

Again, I was not a fan of Obama, but this is just an absurd correlation, and one that goes to my point of blind devotion. Even as someone who was against the universal mandate, and the plan in general, there is no comparison between this and people needing to die so that the economy can get back to work.

This is ridiculous.

That will change a lot once people start knowing people who die from this. Right now it is still rather abstract, but as death rates go up, that will change.