Mortgage backed securities? Wait, what?

Had you bought 100 Apple shares on April 19, 2013, it would have cost you $5579. Today your investment would be worth $16,291. Impressive? Sorta. In the Spring of 2013 I was driving a school bus for about $16 an hour so I would have had to work about two and a half months to save up that much. So, yeah, I wish!

All our investments are in the Pension Boards United Church of Christ, Inc.. Very smart and trustworthy managers. Good thing, too. We (I) might have put our money into fidget spinners or the like.

Meanwhile, I do like to see what is happening. I want to see how in the world we ended up with thousands of mortgage foreclosures in 2008, for example. I kinda want to go beyond the basics. After all, just bingeing on Billions doesn’t really give me the whole picture.

So I consider myself lucky to have come upon Morning Brew. This short and sassy newsletter hits my inbox on weekdays and I always come away with at least a couple or three fascinating nuggets. Like, Best Buy is starting up door-to-door sales or that Anheuser-Busch turned over its Georgia plant completely to produce cans of water for Houston’s terrible crisis.

Check out Morning Brew out. I think you might enjoy it.

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