I understand that Laremy is the third-highest compensated T in the league but was only the 19th highest-graded T for 24' per PFF. Laremy would likely still be a Texan had his production been commensurate to his pay. Also, it's my understanding that Houston is preparing its financials in order to be able to re-sign guys like Stingley, Stroud, and Anderson.
It is my understanding the PFF is s Fans love PFF because they want to measure players. But it’s really stupid. You can’t know someone’s job on a play by watching film. You have to know what someone was told to do and what someone was told to do if your teammate ****s up in the moment. It’s like judging the bassist of a band without knowing how to play any instruments but then being sure he messed up even though he was covering for the drummer. Quarterback play I get a little. It’s obvious to everyone when the singer sucks.
Texans FANS were not happy with Tunsil Penalties and a don't care attitude. I love saber-metrics, but they must be understood to be a tool, not an answer to be manipulated for a paycheck. And if the players don't like it, then find new players.
Fans only think of spending more and never think of a budget. I am now understanding this is common among our younger folk who rarely budget their money these days. They spend until they get overdraft notices and wonder why. The bills of a GREAT DRAFT are coming due and Caserio has told us he thinks in terms of two years. As an old fart, I think in terms of decades. I hope I have two left.
And, like most things your generation thinks they understand, this is wrong. Savings rates are the highest among Gen Z. They just don’t have cheap home buying and easy wealth generation opportunities that existed in the 70/80s due to the globalization boom. https://bankingjournal.aba.com/2024...gs-habits-and-preferences-of-each-generation/
My EXPERIENCE with the 70s/80s differs greatly with your history lessons. While true for some, the separation between middle class and wealthy grew at an alarming rate throwing many into survival mode rather than easy money. I spent my entire working career under threat of massive layoffs with high unemployment rates the norm. The real estate boom was caused mostly by speculators.
You understand your EXPERIENCE isn’t scientifically significant, right? Data exists for a reasonThis is not debatable - wealth creation was significantly greater and more widely spread in the 70s/80s, and younger generations save more now. This increasing belief now that “if I don’t understand it or see it myself, it isn’t true” is either the worst thing or the best thing ever, depending on which side of the grift game you are on.
I wonder if that was a contributing factor in our trading away our first-round pick last year. Maybe a resident capologist can opine.
The search for value always leads to an uncharted or underutilized path. But then, folly also takes similar paths. The trick is to separate the value from the folly. And this is rarely done in foresight and obvious to all in hindsight.
Completely agree with you. I think he enjoyed the state income tax situation in Texas. Plus Houston is one of the chillest cities, with the least pretentiousness amongst its residents. People like living in Houston. And he definitely did not think he was on the trading block. But his “too cool for school” demeanor wasn’t boding well for the Texans OL building, if any unit needs to play cohesive the most, it’s the OL without a doubt. Tunsil was about Tunsil, and didn’t provide much synergistic energy to the unit.
Interesting article. My children span from Millennials to Gen Z, ironically the data is accurate for my youngest (Z) and 2nd youngest (M), they are both tremendous earners, savers and developing investors. Perhaps not pertinent to the data, but my youngest children seemed to learn more from their parents and also observing their older siblings. They made better choices and have surpassed the socioeconomic status of their elder siblings. BTW, I see hope for our future with Gen Z. The article's focus on IDing opportunities for banks to advise clients into money market accts/CDs is worrisome. When you factor in inflation, most folks see negative portfolio gains if they expect to get ahead by only saving their money in banks. We do a poor job of educating folks on finances and it shows throughout all parts of our society. Every generation has opportunities for wealth creation, I wouldn't call any of them "easy". While homes were cheaper in the 70s/80s interest rates were not... https://www.bankrate.com/mortgages/historical-mortgage-rates/ In the early-to-mid 1980s, the oil crisis crushed Texas. My oldest brother went bankrupt and a lot of developers lost their investments as folks couldn't afford homes. Every decade has pros/cons. One area that is relatively new still is Crypto. Cryptocurrency has opened a new wealth building opportunity. I have younger friends who have made life changing money trading in cryptos. As a baby boomer I dipped my toes in that water, but have focused on more traditional investments rental property and stocks. @cmlmel77 I enjoy your posts and I realize this reply is kind of all over the place, so forgive its randomness, but I believe that every generation has its own challenges and opportunities. It's up to them to figure it out. I used my youngest children to illustrate within my own family 50% of them have figured it out, while the others are still finding their way.
I must admit the younger folk I have observed were before millennials. They attempt to out-earn their bills rather than budget their spending.
The difference is you probably knew you didn't have the money in your account Many don't even know their outstanding and recurring payments.
