However, I currently have about $8000 spread across different brokerage type accounts (Robinhood, M1, Fundrise and betterment) and about $3000 in my Roth IRA.

It’s helpful to try to take a 1000 foot view of our own approach, or to speak with someone who can advise you from an objective perspective, so that you can keep moving forwards, rather than stay stuck in a mindset that can directly impact your wealth-building goals.5 - The FOMO Bias – this one has really played out in the stock market in 2020 & 2021, with meme stocks sending retail investors into a frenzy chasing returns & investing through apps like Robinhood.

We had lent on the property and when the layoffs hit the oil business the borrower had vacancies and was unable to pay us.

It will take a jump in unemployment,  weekly layoffs,  bleak outlook to shake weak owners out and willing to do creative deals, for me are subject to, to get out from under...

If they aren't doing well then they will lay off folks.

Re and refi layoffs follow.The Feds may throw another 50 basis points by the end of the year. 

You are starting to see more and more news of layoffs now, and companies are starting to report losses. 7.

This is a few days old, but it just got to me now, and I thought Id pass it along.Bloodbath: Mortgage industry keeps cutting staff.So many layoffs and closings...points to some hard times ahead.I wonder how long before things get good again.Note: If any of you guys and gals effected by this need some QUICK help, try visiting a food bank.Some of them have fresh from the farm produce to hand out daily (because people care).Some have pet food too--call to find out (your area may have a Pet Food Bank too).And then there is always temp work (well not always, buy a lot of the time) because a little money goes a long ways when your hurting for it.And look for Rental Assistance online.

Layoffs are next and as housing transactions decline, the whole sector will ease the nation into an actual recession ( all 4 factors will be negative, not just GDP).

This, plus the passive income of $8,000 per year (totaling $40,000), equals $200,000, which is a 20% average annual return.If, while employed, you’re able to create passive income, you’ll be less stressed when facing a layoff.