Sunday, March 29, 2020

COVID-19 Restored My Faith in Humanity

Several years ago, we lost a great man named Walter Haxton. Walter was an entrepreneur with a huge heart who wanted to fix the homeless issue we face in Hagerstown, Maryland. As of June 2019, Washington County had approximately 249 homeless people. One of the challenges these people face is that most of our shelters are only open during winter months. Walter believed that the solution to this problem was not private industry, not government. As such, Walter created Hagerstown Maryland Summer Homeless Shelters Incorporated. It was a very bold plan devised by Walter - buy a home, then have homeless move in and fix up that home as their rent. After the home was fixed up, sell the home and purchase more homes. Unfortunately Walter fell prey to a romance scam, believing that a foreign woman overseas was romantically interested in him. He spent much of his time trying to help a woman who didn't even exist. Ultimately Walter had to sell the home he had worked so hard on, and passed away shortly after finding out he had been scammed. Many of us truly believe that Walter passed away from a broken heart.

For a long time now, I've seen a very large divide in our nation. This has been a divide forged by biased, sensationalist media reporting and propaganda. This divide has been growing out of control for at least the past 10 years, possibly more. I've seen the ugly side of humanity - resorting to not just vicious personal attacks and firing people for their political views, but even violence against elected officials simply because of their political party.

I had almost given up home in people being able to set aside their differences and work towards a common good.

Then the coronavirus, aka COVID-19, came along.

Now don't get me wrong - yes the virus resulted in a complete emptying of shelves, including respirator masks, hand sanitizer, toilet paper, milk, bread, and canned goods. However, was that truly unexpected when people are required to quarantine themselves for 14 days just because they were in contact with someone who had the virus?

But what truly restored my faith in humanity is how people have come together to try and help each other. All of these solutions have been implemented voluntarily without government mandate.


Do you need toilet paper?

Yes, the lack of available toilet paper became a serious problem for those of us who don't purchase toilet paper in bulk from Sam's Club or Costco. But one of the things I've seen locally is that people who had an excess supply started giving away that excess supply at no cost to those who needed it.

Undoubtedly these unsung heroes of the great toilet paper shortage of 2020 deserve medals. You'll most likely never read a news article about them, but they exist all across the country.

Sewing for health

In response to the dwindling supply of protective equipment for healthcare workers, businesses such as JoAnn Fabrics started giving away kits to create masks and gowns for healthcare workers.

This business has been forced to close their doors in many states due to being deemed "non-essential", but instead of tightening the belt to cover expenses during this downturn, the company starts giving away fabric to help those in need.

3D Printing Finds its Niche

For many years now, 3D printing has found its niche in the healthcare industry by printing prosthetic limbs, significantly reducing the time and cost for traditional amputee patients. With the spread of the coronavirus 3D printing has taken on a new role - supplying equipment to healthcare workers.

This is probably an incomplete list, but here's a list of medical equipment I've seen being 3D printed for hospitals all across the United States, and probably the rest of the world:
  • Face Shields
  • Respirators (still need to add filter cartridges afterwards)
  • Ventilator valves
  • Ventilator splitters - allowing up to four patients to share a single ventilator
  • Valves turning snorkel masks into protective equipment for healthcare workers
  • Safety Goggles

Open Source Off The Shelf Ventilators

One of the biggest challenges many healthcare providers face during a crisis is the lack of available ventilators. These devices which enable people to breath typically cost between $25,000 to $50,000 each.

Researchers at the University of Florida are working on developing an open source ventilator which can be assembled using components from hardware stores such as Home Depot or Lowe's. The estimated cost of these ventilators? $125 to $250 each.

They say the "necessity is the mother of all invention". I have to admit that today I'm proud of my fellow humans for their invention in this time of crisis.

Ken is a Cyber Security professional, real estate investor, and author.

Friday, March 6, 2020

Why I Regret Not Buying "Rich Dad Poor Dad" 20 Years Ago


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Recently I started listening to "Rich Dad's Guide to Investing" on Audible.

It's a follow-up to Robert Kiyosaki's "Rich Dad Poor Dad" book.
If you've never read the book, I highly recommend it.

When I was younger, I spent all my time reading computer programming books and books on computer security. I went to college and learned computer programming, just like my parents always wanted.

Looking back, I truly do regret not picking up personal financial books such as this one. Memory is a funny thing - I remember seeing the original Rich Dad Poor Dad book in the local book store on a very large display when it first came out. I looked at the book for a moment, shrugged my shoulders because it wasn't a computer book, and proceeded to head to the computer book section. I've always been told that computers are my future, because that's what I'm good at and what I enjoy.

If I could go back in time, I'd certainly yell at myself for bypassing that opportunity. It wasn't until about 15 years later that I finally obtained a copy when I realized I'm never going to be able to retire, even with a 401(k). I realized that I have to do more, now, and stop leaving my future in the hands of others.

This book really did open my eyes to a lot of things. Most importantly, it helped me realize that I needed to start investing my money into investment vehicles I control, instead of simply putting my money in the stock market and hoping I chose the right bet, just like at a roulette wheel.

This April will mark one year since purchasing my first investment property. There have been times I've screamed at the sky because of unexpected rental issues, like the water main shattering into a thousand pieces, or almost going through the floor of the rental due to water damage I couldn't see.

But, after the frustration passes, I've fixed the problems. And I keep pushing forward.

I hope to pick up a second investment property this year. Then another the following. And so on.

All of this to build my future, one property at a time.

Think of where I could be today if I would have picked up this book 20 years ago when it first came out.

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