Cvs covid testing manalapan nj

I know there are pretty split opinions on whether or not a third season with an original story (expanding on High School and College) is warranted. But what I've found missing from K-On, that makes it harder to just let go of compared to other works, is its lack of a final look and an assurance that everything's settled.
K-On tells an amazing story, but part of that story deals with the inevitability of saying goodbye. And we say goodbye to our original 4, and that closes out the story.
But I don't want to say goodbye yet. I want to see if their friendship stands the test of time, if they'll continue pursuing their passion into adulthood. Sort of the antithesis of a goodbye: more of a reassurance that they'll always come back together.
I know that sort of goes against the story it was trying to tell. But especially after the COVID lockdowns, everyone more than ever can relate to reconnecting with something they've fell out of, and I think K-On has a great opportunity to tell that story as a more final closing note and a "happily ever after."
Anyway I don't know why I wrote this up, but I think that if they ever decide to do more K-On works, it's more than viable to take this approach.

Tested negative for covid. Haven’t been around anyone that’s been sick as far as i know. Had a sore throat come fast last night, and a fever of 102. Slept it off, sore throat is almost gone and I’m back down to 98 now. I don’t see any spots and don’t feel swollen. What the hell was it?

I have a friend (who doesn't do Reddit) who is having a really hard time finding roommate housing in the Oakland area because she still needs to be COVID conscious for her health, and fewer and fewer people seem to care about that these days. She's been passed over a few times in group housing interviews seemingly because she asked pointed questions about COVID precautions/plans if one of the house mates tests positive. Her timetable to find new housing before her current place ends is shrinking. I don't live in California. Does anyone who does have suggestions for groups or places to find COVID safe/disability friendly roommates?

I have had nasal issues/rhinitis with mild polyps for over a decade. I have always managed relitavely well but after catching mild covid and several stressful events occurring I had a period of anxiety over the past year and a lot of hyperfocus on my nose and throat.
After the anxiety began last year, on and off through the day , I have felt as though I have had breathing issues - first a sensation that I am not getting enough air which lasted for weeks (it still comes on in a milder way now). Then I developed throat issues and a feeling as though my upper chest was tightening.
After being treated for reflux this improved slightly but now sometimes I feel as though my breathing is somehow resisted in my throat/upper chest area. My sinus issues don’t help as the airway is often partially blocked at times but this is normal for me I have always had it.
I have had tests - spirometry (normal) seen an ENT (who did a ct scan and doesn’t think my sinuses are bad enough for surgery), had a nasoendoscopy and am awaiting a ct scan of my throat. I was prescribed a ventolin inhaler to try it doesn’t help much to be honest
When the feeling of resistance comes on in my chest (and causes me anxiety) I try to be as objective as possible ie i take my peak flow it is the same as usual (it has always been low) and my resp rate is the same. I even went for a short run round the block to prove to myself that I can breath.
I don’t know why I am getting these sensations though if there are no physical issues. Why do they still trigger anxiety when I know it is likely not harmful?

I’m not sure what I’m experiencing exactly, but I’ve had an extremely stuffy nose, but no other symptoms of an allergy. I don’t experience hives or have watery and itchy eyes. I leave the house, and I’m pretty much ok. It’s just the first time I’m experiencing this thing where I could have a cold, but don’t have a fever, but I’ve never had an allergy before. I don’t have Covid because I just tested, so idk what I’m experiencing. Could it just be a cold? I’ve been experiencing this feeling for about 9 days.
Edit: title says 2 weeks, but it’s been 9 days

Anyone run into a few covid related questions on your test? A few of my friends said they had a handful of them and I'm confused about how to study for them since there's nothing in FA about covid specifically.

Anyone run into a few covid related questions on your comlex level 1? A few of my friends said they had a handful of them and I'm confused about how to study for them since there's nothing in FA about covid specifically.

I’m actually finishing my 4th year of teaching and due to a lot of things that have gone on in my personal life & the impacts of covid, I’m trying to finish my residency to clear my teaching license. I’m halfway done and received an email that I have to take the Praxis 5047 by June 30th or the district will not renew my contract. I’m aware I’ve had 4 years to get this done but I’m struggling for several reasons, I have major test anxiety and have honestly put it off as long as possible and the main reason - the cost! I’m already paying over $600 per class just to get the required courses completed, not including books. I barely bring home enough to provide a roof over our head (it’s me and my little one) and don’t even live paycheck to paycheck! By the time I get paid once a month, I am already broke from paying bills & getting groceries. I steal from Peter to pay Paul every single month which racks up more fees to be paid at high interest rates! Due to only being allowed to take one course at a time, there is no financial assistance available and my credit is not high enough to do a private student loan (due to divorce my credit was hit hard but has recovered over the years, just not enough)!
So, my question is does anyone know of any resources available to teachers to help pay to complete these requirements? I’m paying thousands of dollars just to do a job that I don’t even make enough to support myself and my child! I know this has always been an issue and before someone says I should rethink teaching, I absolutely love teaching and know this is without a doubt my calling! I cannot see myself doing anything else! And I’d be okay living in poverty if I didn’t have to fork out all of this money just to keep my job for next school year! Any suggestions would be extremely appreciated!

I’m not sure where to begin but would like to get some advice on my relationship. My partner and I met last summer and it was love at first sight. Our first date was perfect and two days later we decided to be in a relationship and it’s been pretty great ever since.
I say pretty great because while our love, our collective relationship, is so amazing and beautiful, our separate lives have been so difficult and turbulent.
I have been dealing with health issues for the last 8 years or so that leave me feeling exhausted, fatigue, depressed, anxious, disengaged, and just burned out, but according to every doctor I’ve seen I am perfectly healthy. Last year through some unknown means I seemingly resolved my health issues and felt amazing for about 4-5 months. I woke up springing out of bed and felt so calm, present, peaceful, content, energized and full of joy, I felt like I was finally my old self and what’s a better cherry on top than to find yourself in love?
About a month into our relationship my health fell apart again and I started having debilitating panic attacks, and I would continue to have panic attacks and symptoms that felt like a heart attack for several months, from September through December. This resulted in a lot of time off from work, trips to the ER, lots of follow up testing, and just a rough ride all around.
So my health issues that leave me feeling like a shell of a person and basically incapable of being a happy or productive human being returned a month into our relationship and my life fell apart again. In a couple week span I got Covid, Bell’s palsy and lost my job. I would end up bouncing between jobs for about 4-5 months until I found the “right” job.
I desperately hate my job and am trying to find another one but I’m just so miserable. I’m so miserable and I feel despondent and hopeless and frankly suicidal often.
Which isn’t good for a relationship.
But my partner has been amazing through all of this, supporting me through my health issues, my unemployment and job searches, she even helped me out with rent and hills for a month or two when things were really iffy- it wasn’t easy for her, or us, and has caused some issues but she’s still supportive.
And this entire time she’s going through her own stuff. She’s always stressed out and exhausted, she has a toddler who is just the best kid ever, and I know everyone says that, but our bedtime routine is 15 minutes, he picks up his toys and helps clean up and he doesn’t put up too much of a fight when it’s time to leave the park. He’s really good and she’s done a great job raising him and I’m super honored to be involved because I love that kid and he loves me and I’m learning so much about patience and compassion and it’s so wonderful. But he’s a toddler and it’s hard being a parent. And she doesn’t enjoy her job or make much money and she’s dealing with the emotional fallout from her divorce, and it’s really stressing her out and so everything from there is just more stressful.
So it’s safe to say we are both struggling with our baseline stress levels where we are so stressed out that simply and easy shut like figuring out what to do for dinner becomes a gargantuan and overwhelming and stressful task
And I just want to say I think we make a really good team, we discuss things repsectfully, we don’t ever argue like we’re against each other, we communicate well, we divide up the chores and are constantly doing things for one another.
But at the same time it’s hard working full time and being a parent and trying to take off yourself. It’s not easy.
But things have been really hard lately and we haven’t really been happy or getting along and right now we’re taking some time apart and I love this woman truly but im wondering if we’re good for each other.
We were talking last night and we both agreed that our relationship is good, that we love each other, but it’s our individual lives that are bringing us down and harms my our relationship because we just don’t have the energy we want when we’re not at work and we don’t have the coping skills to not be so stressed out all the time.
But I’m just wondering if it’s fair for us to be together, for me to be with her when she has a child to raise and my life, to me, feels like a burden, I just don’t want to burden them or be a negative influence or take away from her being a mother.
Im just not sure what to do. I feel like I can’t be a real person until I fix my health issues.
Any advice?
TL;DR my partner and I are both really struggling in our own lives and it’s negatively affecting our relationship. I have health issues that make me basically disabled and she is stressed out being a parent and working full time. We haven’t been happy or engaged with each other in a while and I struggle to be present when we’re together

with final exams coming up, am I still allowed to sit the exam if I have tested positive for Covid since isolation isn’t mandatory in Victoria? I am panicking right now since my exam is on Monday; if not, do I just apply for Special Consideration and would it be guaranteed? Would I need to get my GP to fill out the hpr form, or is a medical certificate enough?

Hi! I (25F) have been on a calorie deficit for a long time, ever since we went on lockdown basically. Of course, not everyday - I would always count calories when at home and when knowing I was having full control over it. Other than that, when visiting family, during holidays or when travelling, I never bothered to count, just use my common sense not to have a 7000 - calorie surplus. OK! Now, I’ve also been dealing with recurring candida - I did all the tests and I honestly believe my immune system is f-up. I do take Vit D and Omegas and such supplements, but I have a feeling that this long calorie deficit has affected my immune system in such a way, that I can’t absorb these vitamins and therefore I am more susceptible to infections. I almost never get sick, never caught covid (or at least, never had symptoms) - but I do get a little dizzy if I get up super fast, my hair falls quite a bit, my skin has gotten dryer.
I just want to know: does calorie deficit affect the immune system response to infections, fungi (candida) and such?
Thank you!

Hi all, long time lurker here but I wanted to get some unbiased opinions on this. This story is long. Sorry in advance.
Six months ago, I (27M) ended a friendship with a my long-time best friend (28M) and of 7 years after a fairly explosive fight about the woman he is dating (33/34F). The whole thing took me by surprise. We currently have a large tight knit friend group of people across a variety of major cities and we all try to hang out when we can. However, some of my friends in this group have been unhappy with me for cutting of ties with this person.
For context, This friend was my college roommate, fraternity brother, and the most consistent source of emotional support and guidance throughout my early-twenties. Throughout college, I felt that we had a unique and supportive friendship. He taught me how to be believe in myself, stand-up for myself, take care of myself better, and brought a lot of light into my life as a friend. We were both full-scholarship students at a fancy-pants highly ranked college that is know for being elitist and stuck-up. Looking back, I think one of the things that made us such tight friends is that we didn't fit in all too well at that school. Both of us had pretty difficult lives before college and neither of us had any money. He was essentially an orphan and I was/am from a low-income single parent household. However, despite these circumstances, I felt like we both inspired each other to become more well-rounded and well-adjusted people. A central theme of our friendship was trying to figure out how to live a good life, solve interesting problems, make the world a better place, and to go on adventures with good friends.
During our early twenties/in college I feel like I did everything I could to be the best friend possible. Since he didn't have a stable father figure, I tried my best to be a loving brother. I was there to support him for every major test or every time a girl broke his heart in college. I knew that finding a group of friends and a community was important for him, so I advocated for him to join my fraternity. While my fraternity was voting on final round of rush, I was working on a major project with some classmates and someone texted me that my friend didn't get enough votes to be offered a bid to join. Immediately, I told my partners that I had to go for an emergency and ran to where the voting was taking place. I basically made a 2-3 minute long speech about how my friend was one of the best people I've ever known and convinced everyone to revote him into the group. Additionally, when he had to take a year off from college because a close member of his family passed a way, I spent almost every weekend with him for emotional support, helped him navigate the dark and uncomfortable family drama around the situation, and was the only friend who went to this family member's funeral with him for support. I even helped him with the little things, like teaching him how to tie a tie and find his own sense of style.
However, towards the end of college and after graduating, my life got difficult and dark. At the end of my senior year, two close relatives of mine passed away within two weeks of each other and I became extremely depressed. After graduation, I left my home state for a job that offered me a significant amount of money. Though my plan was to go to grad school, I wanted to take some time to make money and help my younger sister afford college - she didn't get any significant scholarships. However, the job I worked at was terrible. I was being abused almost every since day by my boss and the company I worked for was extremely unethical. After starting this job, I learned that the average hire only lasts about 6-8 months and that having a breakdown from working there was extremely common. Working here took a huge toll on my mental health and after 9 months, I quit to return home before I broke down like many of my co-workers. I thought things would be better when I went back home but some of my family members were going through it at the time and became abusive as well. Though my family was never abusive towards me growing up, for some reason they chose to be abusive when I came back. Chairs were thrown at me and I never had a moment of rest. I also had a grandmother who was living off food stamps and nobody was taking good care of her. So I had to continuously try and get her groceries while working 60-70 hrs/wk on a construction job. It was a bad time.
During all of this, I felt that my friend was being extremely immature and selfish. He kept yelling at me and criticizing me for not hanging out enough with him and not partying with him enough. Even after explaining my situation, he didn't offer too much support and expressed frustration that I wouldn't help him meet girls at clubs or get laid. He's always had a deep desire to find love but has traditionally had issues with female rejection. One night, I agreed to go out clubbing with him, but I remember explicitly stating that I was not in the mental space to hit on girls, wingman, or to hook-up. I was just down to drink, dance, and have a good time. Despite this, at the club he got extremely frustrated with me when I wouldn't start any conversations with groups of girls. When we got home he literally starting screaming in his bed about how he wished someone "would show him the steps" on how to meet women. Though this was clearly not a high point in our relationship together, I felt that he was probably just going through something and let it go. After a few months, even more negative things happened in my life and eventually had a mental breakdown. I definitely was not acting normally or myself for 3-4 months afterwards either. Despite this, my friend insisted that I party with him and a group of other people one night. However, when we were ready to go out, I overheard him loudly making laughing at me and making fun of my behind my back about how "I had serious mental problems, totally lost it. etc." I was shocked because he definitely knew about all that I was going through. After this, I stopped reaching out to him and to distance myself. Part of me didn't trust him anymore but also I wanted to see if he'd put in effort to keep our relationship strong.
Fast forward a few years, and we were still friends but not as close as before. I partially attributed this to me moving around different states for work and also for finally getting into a grad school far away from everyone. During this time we both ended up dating women which we both considered to be long-term partners. Initially he starting dating this girl for a couple of months, and then something terrible happened in his life - his last surviving family member died. After telling her he needed to put their relationship on pause and leave town to wrap up family affairs. She blew up at him while he was out of town, about how he "led her on" and wasted her time. For context, she made it clear that she wanted to get married and have kids after 2-3 years of dating.For some reason, he got back together with her and stayed with her for a few years, but he expressed some concerns about her to me. He told me that she didn't really seem interested in engaging with him on an intellectual level (e.g., reading books with each other, talking about work) and also expected him to pay for all of their dates and meals (which were pretty expensive) because he has a well-paying job. He also expressed worry that she'd wouldn't be interested in respecting or having a relationship with any of our other friends because of her age. Because she was 31 at the start of their relationship she felt that a lot people in our friend group of mid-twenty somethings "wouldn't be mature enough" for her.
Despite telling him that these were all big red flags, he continued dating her. Because I was busy working and trying to make money for my family I never got a chance to hang out with her. But as predicted, as all of our close friends eventually met her over the years - she was pretty disrespectful. Though she never fought or argued with anyone, she'd either ignore people or be passive aggressive.
She also started to negatively influence his perception of the world and his level of maturity. After a member of our friend group (who previously has always been kind and caring) had a public freakout and yelled at his girlfriend because he was in a bad mental state, I called him to talk about how we could support our friend and expressed concerns that a marijuana addiction might be contributing to his issues. Instead of talking about the issue he said that our friend was "spoiled", "immature", and said that his girlfriend "weak woman" - which was out of character.
Eventually, my partner and I met this girl during my college reunion and we felt that she was pretty awful. He begged me to go to this reunion multiple times and even though I told him that I couldn't go because of the COVID risk (I work with patients who are immunocompromised), and the fact that I really couldn't afford travel costs. After the second or third time he asked me to go, I relented and said that it'd be fun to go and see all of our friends again. Instead of agreeing with me, he interjected that he wanted to go because he felt our classmates would look fat and out of shape because of their jobs and he wanted to go because he was in "good-shape" and had a hot girlfriend.
My friend allowed my girlfriend and I to stay at his appartment to save money for the trip. Before the actual reunion we all agreed to hang out. My girlfriend arrived in town a day before me and spent time with both of them before I did. Though I wasn't there, my girlfriend told me that this woman threw a napkin at a waiter during dinner. Apparently, she also got sleepy at around 9pm while my friend was showing my partner around the apt. Instead of waiting respectfully or finding a place to rest, she passive aggressively pretended to fall asleep in the common room of the apt and pretended to snore. Then after a few minutes she started yelling that she called an Uber for herself to go back to her place, slammed a door in my friend's face, and left the building - leaving him to chase after her.
I met her the next day during a double date, and I didn't get the best impression. I tried to be nonjudgemental but it was pretty hard to hold a conversation with her. When I asked about her interests, she could only really talk about how she like to drink/party a lot, spend a lot of money, and travel. Though this really wasn't that bad (who doesn't love these things), I initially thought she was just shallow because thats really all she could talk about. However, as we spent more time together bragged to me about her older brother threw a glass ashtray at an elderly neighbor. Additionally, at a one point in the double date, she made fun of a man going for a run outside. He was actually in pretty decent shape and even had visible abs, but she kept saying how he was "too overweight" to be running without a shirt, and bragged about how she was in great shape and runs marathons. Despite this, she has a pretty significant muffin top and if my understanding is correct she hasn't run a marathon in many years. When we actually went to our reunion, she kept complaining to me that all of my college classmates kept staring at her and that they were all clearly "obsessed with her" because of how attractive she is - even at times when there would be almost nobody around. At the end of our time together, he told me he want to elevate their relationship and was thinking about moving in with her. He also suggested to other people he was interested in getting married and having kids soon.
I called my friend few weeks after all of this and expressed concerns about his relationship. Trying to be as respectful as possible while being truthful, I told him that I was concerned about him furthering his relationship with this woman. First expressed that she was hard to talk to and that she displayed some concerning behaviors. Then I highlighted that he should consider that she might not be the best long term partner. I felt that since she made the death of his family member "all about her", she probably wont be good teammate or a supportive partner when they both go through difficult times together. In all, I probably spoke for about a minute and a half before he started getting defensive and hung up on me to "take a brake from the conversation".Afterwards he stopped talking to consistently me for about six months. He mentioned to other friends that he and I would have a formal discussion about how I crossed a line soon, but he kept putting it off and never reached out. Even after I sent an apology text, he kept ignoring me.
Finally, six months ago visited the city that I'm currently living in to visit some people in our friend group and didn't tell me. I was invited by people in our group to spend time with them, but I immediately noticed that something was off. When I would speak about my interests or things that were going on in my life, my former friend would roll his eyes or look at me with disgust. Later in the night, I asked him if he wanted to finally have the discussion her wanted to have and he explosively blew up at me. Immediately, he started intensely screaming at me asking me about why I didn't like his partner. This took me by surprise, so I started getting heated and I pointed out that she seemed pretty superficial, hard to talk to, and that she was really disrespectful to all of our friends. Quickly, he got even more angry and said that all of our friends were "career obsessed people" and that I was the worst one of them all because I'm obsessed with grad school. He said that I was "an egotistical person", with "poor social skills", and that I only care about making friends with people "who kiss my ass and and feed my enormous ego". Additionally, he stated that I was an extremely "selfish person" and he purposely grew apart from me because I was such a broken person with so many problems. He also said that if I couldn't see or agree with him I "needed to look deep within myself". After this, I went home, slept off the fight, and texted him to cut off the friendship the next day.
Not only did I found all of this hurtful, but I found this to be extremely hypocritical. Despite all that I did for him, he wasn't really there for me during the worst years of my life. Also, I recognize that I do work abnormally hard and dont spend time as much time with my friends as I used to. However, I feel that I mainly do this to so I can be successful in support my family and because grad school is a deep passion of mine.
I get the sense that now, some of my other friends are a bit upset with me because I ended this friendship. Is this my fault? I did press him. He initially said that he wanted to wait on our discussion, but I pointed out that we live in different states and don't see each other that much anymore. Did I pressure him too much? Maybe I'm being too sentimental, but I used to think that this was the person in my life who knew me the best. I used to always think of myself as the kind of person who will stand up for what is right. So hearing this from him, made me question my own self-perception a bit.
Sorry for the long, great-american-novel, of a post.

Ok here goes timing chain broke i started fixing it covid hit and I was working 70 hours a week, so it sat forn1.5 years finally just paid a shop to put it back together. They did a compression check and leak down test said it was fine. Truck now runs horribly , rough idle black smoke enough so it leaves a spot of carbon on the ground! Exhaust will stink up the whole block! I brought it to another shop they said bad carb, and vacuum leaks? My gut tells me bad/ bent valves from the timing chain break? Any ideas ? Thanks

Catch the full episode: https://www.wealthformula.com/podcast/371-ask-buck-june-2023/
Buck: Welcome back to the show, everyone. And today it's just me. Like old times. And we're going to take questions from the audience. There's actually no audience here in my room, in my office here. But I'm going to take questions from you. And we'll start with the question from Mike. Mike, here you go. Hello, Buckets. Mike Kaye from Melbourne Beach, Florida.
Mike: I was wondering if you were looking at any opportunities out there in regards to investing in distressed assets. I've noticed that rates have gone up in a lot of operators like Western wealth aren't cash flowing and are actually looking for more capital because they've got themselves into trouble. And if rates stay higher than expected, there could be some some pretty good deals as far as bailing folks out.
Buck: So I wanted to get your thoughts on if you were looking for anything out there as far as funds or whatever it may maybe create some opportunity here. Thanks, Mike. Thanks for the question, Mike. The answer well, let's start with this. Obviously, there's a lot of distress in the system right now. Interest rates have gone up a the steepest slope in American history.
And as you might expect, that has not been good for operators, particularly those who relied heavily on floating debt. You know, and this is important, I think, to understand what's going on a little bit, because you might be wondering why in the world would you use floating debt anyway? Well, if it's a long term hold, it never would really make sense to do that kind of short term debt.
However, and with these larger assets, the problem is fixing debt. If your plan is to, you know, ultimately sell. And, you know, 18 to 24 months, you are going to end up with an extremely high prepayment penalty. And so in those situations, the extremely short hold are the shorter hold models, you know, generally ran on floating rate. So if you're again, your business model is to get in and out in 18 months, it doesn't make sense to lock in the rates.
So obviously now they would be better off if we had. But everyone has a plan until they get punched in the face. Right. That is from Mike Tyson, not from me. But that's that's kind of what's happening across the board here, especially for floating rates. And as for looking into creating this fund, which, you know, maybe you got a rescue fund or something like that, that the answer was whether I, I think that that's potentially something to do is, well, yeah, it's certainly something to consider.
And I have thought about it. These are essentially these sort of preferred equity positions, essentially become the lender. So there's not like any tax benefits or anything like that. But so, you know, I have thought about this, but but before doing anything like that, I want to make sure, you know, the economics makes sense for everyone against, again, perhaps one of the most appealing parts of this fund might actually to be getting into some second positions and maybe be first in line if the property fails and you know it or is distressed, it needs to be taken over.
But I really need to think about it because I also want everyone to have as much dry powder as possible. And because, again, it is no fun to be in this environment and those people who are going to make money are going to be the ones that have like nerves of steel that, you know, are okay to feel like, okay, I'm losing some money on one hand, but there's an opportunity to buy distressed assets on the other side.
And that's where real money is made. And again, it's a psychological thing that happens in every cycle. And the key is to try to keep your wits about you and learn, you know, learn whatever lessons you have to learn and move on and deploy. I certainly am not one who is not learned from this experience. Myself, I absolutely have, and I think it'll make me a better investor going forward.
Unfortunately, we're still in the midst of this mess right now. But anyway, bottom line is the answer is yes, potentially. I've thought about it. And I think like those kinds of preferred equity, essentially debt being in the second position behind the main lender, that is that's potentially appealing. And certainly as an investor, I think it's appealing because essentially you're you're in a lending position. You're not you know, you're not in an equity position, so you're superior to the equity position. Hopefully that helps. All right. Let's go on to the next question here. So it's from John.
John: Hi, this is John Valentino. I listened to your excellent podcast every Sunday morning on my run, walk and find them uniquely interesting and helpful amongst a sea of podcasts that aren't.
Buck: Yesterday you mentioned Terry Loughlin and your late in life swimming experience. I'm 68 now and at 55 I decided to learn to swim. I researched all of Terry's stuff and ended up using a local swimming coach here in Fresno, California, who knew Terry and who had a lot of experience. He had me swimming, breathing and flipped, turning very quickly.
Four years ago when we visited Maui, I did a two mile ocean swim with some master swimmers. I now swam about a mile and a half every Sunday with which the swim coach they taught me. And I do that. I listen to your podcast. I'm sure we could get you swimming and breathing properly very quickly. He Fresno's not too far from Montecito. Good luck with your swimming and let me know if you'd like me to hook you up with Rich. The swim coach.
Buck: Well, John, thanks for that. That makes for a lighter moment in this sea of despair. Ha ha ha. That's funny, kid at sea of despair. He's swimming. Anyway, for those of you who don't know what John is referring to, I'll just take a minute because, you know, taking questions from all kinds.
All types of questions here is back in 2016, I think it was 16, I listened to Tim Ferriss podcast about how he spent his whole life trying to swim and unsuccessfully, I'd say, met up a guy, met up with a guy named Terry Loughlin, who taught his total immersion technique or tie. So I decided, well, gosh, you know, basically Tim Ferriss was talking about my story, like he spent his entire, like, you know, didn't learn to swim as a little kid and then all this and trying to catch up and no one could teach him.
And that was kind of where I was. I do like him numerous, like tries added back in my twenties and thirties, and then I kind of had given up. Then I contacted Terry. He was in New York, upstate New York. So he actually flew out there. I was in Chicago at the time and he taught me to swim in about 2 to 3 hours and it was really unbelievable to me.
And the only thing I didn't learn how to do during that visit was to breathe. And unfortunately, that was so that was like I was there for like a day and a half. And that was the part I didn't get to. So now I can swim, but only as long as I can hold my breath because I can't seem to, you know, I can't breathe and swim at the same time.
Unfortunately, Terry had, end stage cancer. When I saw him and I believe I was his last student before he died a couple of months later, and he'd actually stopped teaching for a while, you know, before I got to be the lucky one that he decided he had enough strength to go back for. So lucky for me. So but yeah, I would love to, you know, John, shoot me an email, you know, where I am and I get well for Malcolm Connect me to your guy.
And I think Fresno might be a little far, but if he's as good as Terry, maybe I could. Maybe I could learn to breathe in a day, too. So, hey, anyway, thanks. Thanks for that. Let's go on to the next question here. All right. This one's from I think it's Garima.
Garima: I am looking to become a real professional on studies. We've been doing real estate for a little bit but wanted to do this. I really need help. If you can guide me well and see.
Buck: Well, I don't know. I can do my best about that, Garima. And first of all, I have to preface this as I always do, that what I'm about to say is not legal or any kind of tax advice. I'm not a tax professional. My degree is in medicine. I'm a former board certified surgeon, but that doesn't qualify me for much. And this in this arena, it's just my understanding of the tax law, which, you know, I spent a fair amount of time thinking about. So it's not like what I'm saying should not be listened to, I think.
But on the other hand, the liability issues, I have to make very clear consult with your own tax professional before anything anyway. So again, probably the best thing I can do in terms of guiding is tell you what I know about the qualification as real estate professionals status. And by the way, I should also point out that the benefits that I'm going to talk about, there's a lot of this similar benefits without having the status in short term rentals.
And that episode, I believe, is 354. So go back and listen to that one. It's I thought that was a pretty interesting episode. But why is agreement talking about this RFP short for a real estate professional So everyone is on the same page? What is the real estate professional designation? Why is it useful? Well, a real estate professional is not the same thing, is in a real estate agent or a real estate broker, which are basically involved with real estate transactions.
They're involved as like the middleman. Right. That's not really the business of real estate. The real estate professional is someone who is who is materially involved with the business of owning and operating business. And the reason that this is important, we'll get to in a minute, but I'm going to go into the qualification parts of this. And again, I'm not giving you advice and basically telling you what I can gather from the IRS website And basically the material participation is one of the first things.
So you can't you can't be a limited partner in a bunch of real estate and call yourself a real estate professional. You have to have some activities that are truly owning and, you know, operating real estate. I mean, you have to be involved in the management operations of your rental properties, right? So the level of involvement is different than obviously if, you know, even if you have a propertyif you have a property manager or whatever, it's still going to be more active than if you're just a limited partner.
But another one of the things that you have to qualify for is you have to spend more than 50% of your total working hours in real estate activities. So in other words, if you know, if you've got a full-time job, you can't really qualify as a real estate professional. There has to be more hours than any other profession. Right? Your participation in real estate activities has to exceed anything else that you're doing in terms of business and employment. There's also something called the 750-hour test, which you must spend at least 750 hours per year on real estate activities. And some of these things that you can do include property management or rent collection or maintenance or advertising, other related issues, acquisitions, underwriting, etc.
I mean, there's a lot of things that, you know, once you own real estate, you can be an active owner, right? So anywhere that's... So why would you want this designation? Because it sounds onerous to go and try to make sure you've got all these things if you're not already doing it. Well, as you may know, the real estate income itself, that real estate income itself is considered passive income.
Right. And similarly, the losses from real estate in the form of depreciation are considered passive losses for most people. Those passive losses cannot be applied to any active income, right? So if you have an income of $500,000 and you happen to have $500,000 of depreciation or paper losses, you couldn't use those losses to offset your personal active income.
The reason is that one is active and one is passive. So you can't do that. And unfortunately, unless maybe you or your spouse, rather, with whom you file jointly is a real estate professional. So in this case, what would happen is those passive losses from real estate would become activated, in other words, their active losses. And you can, you know, you can offset anything with active losses, right.
And even W-2 income. So that's the idea. So, again, theoretically, check with your legal, you know, and tax people and hopefully they know what they're talking about. But see, if you're a C, if you're a doctor, you're making, again, $500,000. And let's say your spouse, who's a real estate professional, generated maybe $50,000 in income, but $300,000 of paper losses, you can deduct that $300,000 from the salary, that is earned income on the doctor's side.
So basically, that is what the huge, big deal is about this real estate professional status. And again, I'm not a tax professional, but this is something that a lot of people in our group do, and it is, you know, following the tax code, that's the key. So Garima, bottom line is I don't know how else I can guide you other than to give you information.
But, you know, I guess what I would do if I were you is, you know, try to figure out how you can actually, you know, get yourself qualified as a real estate professional and make sure that, you know, you fit those criteria and talk to your tax person about it. Okay. Next question is from Mark Hammons. Mark's question deals with tax law, and I'm not sure it's appropriate for this forum.
Feel free to pass on if you feel like addressing it. Well, it's another question. Well, you know how I feel about that. I'll tell you what I think. But
don't take it as tax advice in any sort of way. But okay, so here's the question Mark says. He says, I'm a partner in an LLC that was formed for residential development.
Our project is nearing completion, and this year it will take business income to be taxed at a 20% LLC rate. I will receive income from the sale of raw land and taxed as long-term capital gains. I'm a full-time physician and not actively involved in the business of land development. Can I offset any of this income with accumulated passive losses and leases?
Thanks, Mark, for all you do. Thank you, Mark. And well, as you may have gathered from the previous question and the answer that I gave Garima, you are a full-time physician, my friend, and therefore you do not qualify as a real estate professional, and therefore you cannot use those passive losses against your active income as a physician, and you are stuck in that stratification of income hell, which is that you've got these great-looking losses on the passive side and this great income on the active side, and you cannot do anything about it.
So now, if your wife was doing this real estate stuff and qualified as a real estate professional based on the criteria I mentioned earlier, then you would theoretically be able to apply those passive losses to active income, and boom, all of a sudden, you would have what it is you are hoping for. And anyway, but I do have people in our group who are literally, you know, with that spouse set up.
Well, that's why I brought it up, right, where they literally had a spouse quit their job so that they can switch to real estate professional status. And although their cash flow may constitute a theoretical pay cut from their job, the generated losses, paper losses, are being applied to the larger active income stack. There, in many cases, justifies that because they may make a total gross amount of income that's less.
But because of those passive losses, they actually get to keep more. So that's a complicated answer to a simple question. In my non-professional opinion, Mark, you are kind of screwed. Can't do that anyway. All right. So the next series of questions is from Terry. And let's see, let's start with the first one. Is this one. My understanding is there are U.S. dollars held overseas in the United States.
What would be the impact to the value of the dollar if the overseas cash had to be converted to CBDCs, which is central bank decentralized coins? Well, I'm no expert on this, but from what I know, I'm not sure it would have a material effect on anything overseas because as I understand, CBDCs is a little more than using distributed ledgers instead of central ledgers for digital money, right?
Because the thing is, you have to remember that 90% of the U.S. dollars are digital-only already. They do not exist in the physical world already. So what difference does it make if it's on a single ledger or if it's on a distributed ledger? I'm not sure that it does. As I understand it, the idea would be essentially to make it into like a software update almost, right, where the new digital currencies would be CBDCs.
But of course, I could be wrong, and my understanding of the plan that the U.S. has there is it could be wrong. I'm sure there's a larger plan eventually to use this as a way of maximizing tax revenues and tracking people's spending and that kind of thing. But in the short term, I don't really see how it has repercussions for money overseas.
But if somebody knows of something that would cause that, certainly email me. But I don't know that. Okay. This question is also from Terry. He says, "Rising interest rates have had an impact on existing multifamily operators, and it seems like part of the multifamily model relies on interest rate value being lower than cap rates." That's correct. "Combined with the multiplier effect of low cap rates for value-add projects, do you see cap rates going up until interest rates come down?"
How high can cap rates go before the value-add model is no longer viable? Are rents still rising fast enough to offset interest hikes? Okay. So yes, I do see cap rates going up. Remember, in order for debt to make sense, the interest rates must be lower than the cap rate. So if your borrowing rate is 5%, then your cap rate needs to be above that in order to have positive cash flow.
Otherwise, you're amplifying your losses. That said, often, you know, you may have seen in some cases operators buying things and they'll consider buying things like that. If there's an obvious thing that's going to drive up net operating income pretty quickly. But right now we are seeing rising cap rates. Now, as for the value-add model being viable, I would say that yes, the value-add model is viable in all interest rate environments and with all cap rates because remember, folks, real estate was not people didn't just start making money on value-add.
This has been around for some time, right? There are plenty of people who got rich off of value-add real estate in the eighties despite double-digit interest rates in double-digit cap rates. So what has created so much distress in this system is not the absolute interest rates. It's the pace at which the interest rates went up.
They're the moving goalposts. You see, every time you underwrite a property, you have to model in interest rates and reversion cap rates. And if rates are not stable, it's very difficult to underwrite. And that's why these real estate markets right now have been so illiquid. There really are no stable variables to underwrite with. Rightly, you got to have the goalposts, you got to know where the goalposts are so you can play the game right.
Once you have that stability, though, you can underwrite again, and in value-add real estate, the money isn't made based on interest rates being high or low, but it is made by ultimately creating a positive delta in the net operating income. And that can happen in all interest rate and cap rate environments. So I don't see it being an end to value-add real estate at all.
In fact, one could argue that if you're, say, you're buying real estate, which hopefully we are in the fall, and you're getting great deals on it, you know, the rates are high, but the numbers are making sense. You do your normal net operating income, you do your normal value-add program, you try to increase NOI, and you get lucky.
And by the time you're ready to sell, interest rates have actually come down. Well, in that case, you're going to actually probably get, you know, more for your property than you would otherwise if rates were stable. So I actually don't see this as something that is ending anything. In fact, I think those who, again, take advantage of a higher-rate environment and buy into assets that make sense at high interest rates could seriously make money in the next, you know, several years.
So let's see, the last question from Terry is, "What are your thoughts on portfolio allocation between real estate stocks, cash value insurance, gold, crypto, and cash?" Well, I might not be the best person to ask about portfolio allocation because I think my portfolio would make most money managers think, right? I'm about 75% real estate, maybe 5-7% crypto, mostly Bitcoin, Ethereum, and the remaining investments are things that I believe are uncorrelated.
The most stable thing is, you know, I'm a big fan of cash value life insurance in part because, I mean, it is so stable. I mean, seriously, it is incredibly stable. If you look at the environment that we're in right now, it makes you, again, think you should be buying more cash value life insurance. It's extremely stable.
And this is why it was such a big deal during the Great Depression. People lived through the Depression and had no faith in anything except for cash value life insurance, which is what they were buying. But anyway, I think, in particular, I'm talking about these strategies that we're calling, well, formula banking or various leverage dials, wealth accelerators, things like that.
So there's that. I'm also obviously into other things that we have in our group. We're involved with like ATMs, which, you know, don't seem to have much correlation with the economy per se because people who use that still needed it. Good times or bad and did well even through COVID. You know, there's also things that we're doing, like I'm invested in things like, you know, cargo ships that are delivering essential oil and gas to the country, things like that, where again, it's not something that is significantly correlated with the rest of the markets.
And I think that's one of the things to really make sure that you're not... I mean, listen, I guess in my case, being 75% real estate, I mean, it's not a good time to be 75% real estate right now. Right. I probably... I mean, if I did the numbers, I'm probably less than 75% real estate now because I probably lost quite a bit of value in the real estate.
But I'm not even going to look at that right now for this purpose. But ultimately, though, you know, listen, personal finance should be personal. I don't own stocks, although I'm not against stocks. I'm just, you know, not a guy who really owns stocks except for some big, really, you know, asymmetric plays in the energy space, you know, through Mercatus and things like that.
I don't own any physical gold, although again, I've talked about possibly wanting to do that. I don't really want to right now, but I'm hoarding cash right now because I think there are going to be tremendous buying opportunities in real estate with distressed assets, and I think that's going to be the name of the game in Q4. So but again, I do not think it's a good idea to listen to me about portfolios.
I think I think it's if you want those kinds of things, you probably should, you know, talk to others, talk to, talk to, you know, our RIA's, things like that. But to me, again, personal finance is really personal. And for me, I'm, you know, I'm pretty aggressive on some of the things that I have a lot of belief in.
So, okay. Well, I guess that's my last question. Before I go, I want to remind you that there's another actually, there's actually another podcast that I do now, which is, you know, it's kind of just taking something that I was spending a lot of time learning about and and and trying to process myself and turning it into another show so that I could share with you.
The show is called CPO, CPO. You can find it on pretty much all of the ways that you find this show and
hopefully on YouTube soon too. We haven't quite gotten to YouTube, I think, but the show is, I think, very interesting because, you know, we talk about wealth on the show, but I mean, you know, what do what is more what's more coveted than, you know, actually having health because then your wealth is actually useful.
So a lot of Sabio is really about various types of longevity and wellness type stuff on the science that we know out there. Really interesting stuff to me and would love for you to check it out again at Sabio with Buck Joffrey. Check it out and let me know if you like it. Give me a positive review. That's it for me.
This week on Wealth Formula podcast, this is Buck Joffrey signing off.

Many COVID-cautious may already know about this but I recently was directed to this post from February 2022: https://twitter.com/hamill_law/status/1497205184790872065
My spouse is on a trip to Disney Land with his friends right now (all unmasked), and I feel anxious about what he will bring back. He is on the "let's go back to normal and stop living in March 2020" boat now, and this post made me understand that perspective and why the Biden administration shifted their COVID approach despite knowing it was (and still is) a threat to vaccinated and unvaccinated folks. By the time Omicron hit, people were tired of caring about the pandemic and wanted to "live their lives." People have been in the mindset of moving on for more than a year now, and they don't want to return to being in crisis mode. I'm feeling a lot of sadness lately because everybody that I know is traveling, saying "post-pandemic", and living their lives in 2019, and they seem fine honestly. I do notice that some people get sick more often especially folks with kids, and they don't test for COVID or stay home and that really makes me angry!!! I also notice that some people don't get sick often or got COVID, got bronchitis or a fungal infection a few weeks after, and now, they are fine. I really do feel stuck in 2020-2021, and I don't know what it is about me that's kept going on caring about the pandemic for so long.

Hey guys, need support once again, and opinions, advices, thoughts..long story short 3 years ago after a period of high stress I started having anxiety and panic attacks. Couldn’t do anymore the things I enjoyed for example playing computer,listen to music, being alone. Had no more interest in anything, saw the whole world like so differently, everything gave me anxiety, to this day I can’t really put it in words how I felt every second of everyday, the best I could describe it was like, when you enter a room and the light seems odd? That’s how I felt like just looking at everything.First GP prescribed me paroxetine and Xanax. Took them for a year and after I was doing ok so I stopped. It all came back like 3 months after when I got COVID. Went on taking sertraline Prozac with little effect. Am now since September 2022 on escitalopram and went recently to a psych that specialized in adhd/attention deficit, she tested me and told me I still had issues with impulsiveness and concentration due to adhd( was also diagnosed at 11 years old and was treated with Ritalin for almost 2 years and after went on concerta for 5 years give it take) she prescribed me concerta long release at 18 mg. I was also taking atarax with escitalopram( 20mg lexa and 4 pills of 25mg of atarax a day) she lowered me to 10mg lexa and 2 atarax pills a day. In the beggining I was doing better but soon started feeling like before so she put me on 27mg concerta, 15mg lexa and still 2pills of atarax. Last time I met her I was doing way better since I was even able to stop taking the atarax so she lowered the lexa to 10mg. I went out of country now on vacation and I can’t really reach her. My point is, I’m slowly starting to feel again like before. And I can’t really tell, but I think my problem might be low dopamine instead of serotonin ? Since I’m starting again to feel no joy in anything which brings be boredom and anxiety. It’s not like I’m stressed or anxious, it all comes from the fact I have no interest in anything again or joy, what do you guys think? And what would you do in my place ? I’m so sorry for the enormous post.. would really appreciate any help, I’m getting married in July and wanted to be at my best mentally.. I can still start to take atarax again, just didn’t wanted since it have some bad interactions(might prolong qt intervals, heart rate wise) but maybe would be the best? Cheers