Here are some things I have been thinking about that will likely be permanent changes to our way of living. Some will cause business and investment opportunities.
- Baby Boomers will move online. COVID-19 is forcing Boomers to buy everything online from groceries to prescription medications. America’s wealthiest generation, who has been notoriously slow to transition to the online world, is finally there, and won’t be going back to their analog ways. I’m pretty sure this will apply to my parents as well.
- Millennials may abandon the gig economy. Younger Americans will gravitate to jobs that provide more stability. After the living through the great recession of 2008 and now the COVID-19 recession, workers under the age of 40 may trade their transient employment patterns and consumption driven habits, for more traditional career paths and saving/spending habits that resemble their depression-era great-grandparents. My grandfather who lived through the depression never went “shopping” a day in his life. He passed away in 1998, with about $100K in cash in his wall safe and a couple of other places.
- Less is more. After being forced to ration everything from food to toilet paper, Americans will hopefully realize how much waste there is in our lives and will appreciate the virtue of simplicity. Today, I bought some take-out for lunch and pulled a twenty out of my wallet for the first time in weeks. Consuming less actually feels kind of good.
- Dodd-Frank will save the banks. Barring a full-blown depression, Dodd-Frank capital provisions for banks will protect most of them from a repeat of 2008. Talk of a full repeal of the flagship financial bill is most likely dead. Bank stocks could be a smart buy, but I’d still wait a month or two.
- The number of virtual business meetings will double. I didn’t know how to use Zoom before COVID-19. I have no doubt it will replace a lot of in-person meetings once this all passes. I also believe people will rethink their offices spaces. Residential real estate will bounce back quickly, but commercial real estate might be in real trouble in a lot of markets.
- Data on the environment will strengthen the case for action. I swear, every day in San Diego has been more beautiful than the one before. It’s like the earth is taking a breath for the first time in a bout a century. My guess is that carbon levels and other environmental metrics will show measurable changes to the positive when this is behind us. Will it convince everyone that climate change is man-made? I doubt it, but it will make the case stronger than ever and it might be enough to get the governments of the world to finally take the issue seriously.
I was watching a podcast recently, and something about it rubbed me the wrong way — but it also got my wheels turning. In this episode, I talk about what I love most about being American, why the system that built this country deserves more appreciation than it gets, and why some of the loudest “love it or leave it” voices go strangely quiet when powerful billionaires openly criticize the very system that made their success possible. This is a conversation about America, double standards, and what real patriotism should actually look like.
This April, the Hispanic Wealth Project is launching its High Net Worth Boot Camp, a 10-week intensive built around some of the most valuable wealth-building education I’ve seen. In this episode, I talk about why so many of us need to shift from a worker’s mentality to an owner’s mentality, why economic success has to move from consumption to wealth building, and why building wealth takes knowledge, work, and discipline. The High Net Worth Boot Camp is designed to help close that knowledge gap with modules on securities investing, real estate investments, buying and selling businesses, asset protection, and tax strategies. If building real wealth has ever felt out of reach or unclear, this is the kind of education that can change how we think and what we build.
The data tells a powerful story: Latinos are driving economic growth in America. If Latino Americans were a standalone country, we’d be the fifth-largest economy in the world, and without Latino homebuyers, the number of homeowners in America would have declined in 2025. So why doesn’t it feel like we’re winning? In this episode, I talk about the gap between growth and perception, why we still don’t have enough strong voices shaping the national conversation, and why purchasing power alone is not enough. Growth matters, but wealth matters more. This is a conversation about leadership, visibility, and what it will really take for our community to turn momentum into lasting power.