Opportunity cost is a spender’s greatest enemy. Given America has a spending problem, our country will constantly be in grave danger without adopting better financial habits.
Back in 2018, I decided to join a Meetup softball league in San Francisco. I was one year into being a stay at home father and I needed to get out of the house more. Tennis had always been my sport, but I thought it would be nice to mix things up.
The softball league turned out to be a great outlet. I met people from various parts of the Bay Area from different socioeconomic backgrounds. The person I developed the best relationship with was with the organizer named Bob.
Bob is a preschool teacher who helps manage some of his parents’ properties. As a property fanatic myself we talked about various investment opportunities.
Of course, I shared my enthusiasm for ocean view properties in San Francisco. Then I mentioned my heartland of America investment thesis. Who knew that today’s global pandemic would accelerate the demographic migration towards lower-cost areas of the country.