More states are likely to legalize online gambling sites and mobile betting apps, especially considering the impact of Covid-19 on state budgets. Gambling income is almost always taxable income. 8. Further to the point above, trying to pick up market tops and bottoms is often a futile exercise – what looks irrational can remain irrational for longer than you can remain solvent; lots of people said the Dow was at the top when it hit 5,000 and said the same when it hit 6,000, 8,000, 10,000 – likewise the opposite is true – the Dow has been in a downtrend since 2007, never try to fight the trend. The DOW has punched 1200 points to the upside in a week.
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