u/Upset-Kaleidoscope45

• Minneapolis did not inspect public housing units for nearly 30 years, despite a city ordinance requiring it.
• Two tenants filed lawsuits, leading to a court ruling in 2020 that the city must inspect public housing like private rentals.
• The City only began routine inspections after a state law change last year, and the housing authority declined to comment due to ongoing litigation.

Minneapolis skipped public housing inspections for nearly 30 years, court finds

Hypothetical: how would you create a "simple" (for conversation purposes, let's just say a basket of no more than 10 investments of any kind) investment strategy for someone who has a guaranteed income of nearly $1M a year for life? Some weird details: state income taxes do not apply, only federal. All the normal investment strategies for a working person involving risk/reward, saving for retirement, and the like are not considerations. There is a guaranteed $80K-ish in cash (ordinary income) regular as rain until the day they die.

My initial thoughts are a mix of muni bonds, T bills/bonds, maybe some stocks in a separate brokerage if they want to just play around but not as part of the core investment strategy.

Any thoughts?

Hennepin county will be presenting the Lyndale Ave Reconstruction Design to the Climate and Infrastructure Committee of the Minneapolis City Council tomorrow, Thursday July 9th, at 1:30 PM in room 380 at 350 S 5th St.

This is basically another version of what they did on Hennepin Ave. through Uptown.

Just a thought, there's a reason the county and city get away with this: only a very specific type of person can go to a city planning meeting in person at 1:30PM on a weekday.

There will be a lot of opinions about why, but the graph in this article-- showing the outflow of Millennial-aged residents from 2014-2024--should send a shiver down the spine of Minneapolis and St. Paul.

https://www.startribune.com/millennials-moving-twin-cities-suburbs-minnesota/601836338?utm_source=gift