{"id":52583,"date":"2020-11-23T13:35:08","date_gmt":"2020-11-23T18:35:08","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=52583"},"modified":"2020-11-23T13:35:08","modified_gmt":"2020-11-23T18:35:08","slug":"investment-lessons-from-the-pandemic-the-best-place-to-put-money-into-the-georgia-run-off-election","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=52583","title":{"rendered":"Investment lessons from the pandemic. The best place to put money into the Georgia run-off election"},"content":{"rendered":"

Lessons from the pandemic<\/strong><\/span><\/p>\n

+ Expect a Black Swan event. They’re arriving more often. And getting more severe.<\/p>\n

+ People are reacting more crazy, less predictable.<\/p>\n

+ Asset values are more volatile than ever. Hence snagging cheap ones can be very profitable.<\/p>\n

+ Assets you can sell quickly are key — if you suddenly need cash.<\/p>\n

+ Fixed interest is no interest.<\/p>\n

+ A little cash is useful for peace of mind and snagging things cheap (like Apple today).<\/p>\n

+ Diversification in your investments means lower return, but more safety (a.k.a. peace of mind).<\/p>\n

+ Stressing out over events you can’t<\/strong> control only gets you more stress. Play tennis.<\/p>\n

+ There’s always a sane, logical, patient person (e.g. Bob Kantor) who can talk down your anger at your dumb investment that you think is going awry.<\/p>\n

+ There’s no relationship between liquidity and rate of return. If anything, the less liquid, the lower the return. (It wasn’t always that way.)<\/p>\n

+ There’s always<\/strong> light at the end of the tunnel — if you organize your investments (and your psyche) to last that long – see the points above.<\/p>\n

How to fix the economy — my (impeccable?) logic<\/strong><\/span><\/p>\n

Federal unemployment benefits and other Covid relief payouts are running out.<\/p>\n

We urgently need another stimulus.<\/p>\n

The new administration will get us another stimulus.<\/p>\n

The House will go for it.<\/p>\n

The Senate will go for it — if it’s in Democrat hands.<\/p>\n

The only way to assure that is to win the run-off election in Georgia on Tuesday, January 5, 2021<\/p>\n

The two democratic candidates — Ossoff and Warnock — have oodles of money. They don’t need your money.<\/p>\n

A better way is to give money to TurnUp.us<\/strong><\/a>, an organization devoted to lifting voter turnout in Georgia.<\/p>\n

TurnUp.us is not Democrat. It’s not Republican. It’s simply aimed at getting more young people to vote. (My guess is that more young people will vote Democrat.)<\/p>\n

In the general election, TurnUp\u00a0reached 9 million young voters in key states,\u00a0<\/strong>including 1.1 million in Pennsylvania. TurnUp filled over 1,000 volunteer shifts of young people texting and calling to voters in key states. In the run-up to the election TurnUp saw more than 1,500 young people using our mobile app for volunteering to get out the vote in key states. TurnUp also moved quickly to mobilize ballot curing volunteers. Youth voter turnout was critical\u00a0<\/strong>in multiple battleground states including Georgia. Youth turnout was\u00a0almost 10 points higher than in 2016.<\/p>\n

Here are their present goals:<\/p>\n

+ Register as many of the 23,000 17.5 year olds who will be 18 by Election Day as possible to vote before the December 7 registration deadline.<\/p>\n

+ Turn out as many young voters of color as possible to vote in Georgia.<\/p>\n

What they’re doing — their words<\/p>\n

+ A mobile app to activate a national network of young people to sign up for impactful actions in Georgia.<\/p>\n

+ More than\u00a0200 young people volunteering with our organization from around the country, and we are engaging them to increase turnout in Georgia.\u00a0 We also have many of them on the ground in Georgia serving as ambassadors at college and high school campuses, working with local businesses to support turnout efforts, registering voters and recruiting\/hiring more organizers. Funds will be used to support recruitment, training, the work of organizers, and our strategies including the printing and distributing of materials in unique and locally targeted ways.<\/p>\n

+ We are replicating our\u00a0successful digital ad campaign on Snapchat <\/strong>and TikTok<\/strong> that we ran in the key states in the general election. For each dollar we can reach three young voters in Georgia. $10,000 would enable us to reach 30,000 young potential voters. Our efforts on digital ads were particularly useful in Pennsylvania, a state we targeted, where we reached 1.1 million young voters and youth turnout increased at least 10 points.<\/p>\n

They tell me they are\u00a0raising $300,000 to help their platform reach a critical mass of youth in Georgia and create historic voter turnout of 18-29 year olds, who are essential.<\/p>\n

With that kind of support, we can reach 1 million high potential young voters in Georgia that will be the key to increasing voter\u00a0turnout. Update from the last 7 days:<\/p>\n