- take a look at how much cash lowes has on hand, they invested a lot in stock buybacks.
- take a look at the stock price today.
- if a company runs out of money they have no choice but to lay off.
- if your laid off you may not have health insurance or the financial ability to pay for cobra since its significantly more expensive
- fortunately the bill that just passed will cover us for Covid -19 treatment at no cost (we hope)or was that just the testing, not clear?
- may be better off working for small business with less that 500 employees. at least if you get virus flma is paid and extended for 3 months. If you can find a small business hiring and can work 30 days before illness.
- But heres where were at. Working everyday at increased risk because people are not just coming in for emergency repairs. there planning their garden (although I can understand why your may need to live off the land) most likely layoffs will happen unless gov. steps in and takes care of larger corp. if you do get layed off don't count on your 401k, it won't be available for immediate release, not that you want it to be right now. my thoughts are save your cash, spend on credit. refill all current RX at 90 day supplies, request meds you think you may need in the future while you have insurance, plant a garden, learn to hunt.
1 reply
At least no one is turning into zombies so far.