Job opportunities for felons are often few and far between. To increase your chances of getting the best jobs for felons, you should choose an industry that is unrelated to your felony and where jobs are in high demand. It is also helpful to choose a profession, such as construction management jobs for felons, where you can be self-employed.Construction administration jobs for felons are also known as project management or construction project management. Managers in this field are trained to oversee the planning, design and actual building of construction projects.It is a very promising field of study right now because the employment opportunities for these managers is expected to exceed the number of qualified workers from now through 2014, according to the U.S. Bureau of Labor Statistics. This high demand and shortage of trained construction managers means that there are many job opportunities for felons available in construction management.What kinds of jobs for felons are available in construction management?Job opportunities for felons include construction estimating, construction safety, construction project management and building code compliance. The construction manager’s duties include keeping an eye on the big picture and making sure that the construction project is completed on time, does not go over the budget, meets quality standards and conforms to building codes. If the construction project is quite large, there will be many construction managers working on different tasks.To be a good construction administrator, you have to like working with people. You will have to work not just with the owner-client but also with architects, construction workers, subcontractors, quantity surveyors, health inspectors, safety inspectors and other such people. Construction management may be a good choice for you if you are a good communicator who loves leadership roles. This is not the right career for shy people.Also, since problems are bound to crop up with both large and small-scale construction projects, you need to be able to keep your cool while under pressure. Decisiveness and self-confidence are the two most important qualities that a construction developer should have.Construction Management Jobs for FelonsConstruction management is suitable for ex-felons because it is a job that is in high demand due to the shortage of qualified and experienced managers. This is also the type of job where people care more about experience and results than your felony.Additionally, managers can be self-employed which is a good idea for ex-felons who are finding it hard to get employment. Most constructing managers work on a contract basis since construction projects are contract-based. However, it is also possible to get a salaried job within a construction company if you prefer a more stable type of job.Since this is a managerial job, the pay is higher than average so this is a good career choice for those who are looking for high-paying job opportunities for felons.Jobs for Felons: How to Get a Job in Construction ManagementConstruction education comes in two basic forms: one-year associate degrees and four-year baccalaureate degrees. Nowadays, many colleges also offer online courses as well as on-campus courses.Generally, managers will either start at entry-level or mid-level jobs after graduation. Another career path that is popular for ex-felons is to work in construction and then take night or online classes to get a management degree in construction. This helps them get a promotion to a management or supervisory position.It is also possible to specialize in certain construction projects which may improve your employability if these specialties are in demand. For example, some construction companies specialize in the restoration of historic homes and buildings. Experience or expertise in a specialized type of construction is quite valuable and makes getting the best jobs for felons easier.Construction management jobs are projected to grow rapidly in the next few years so it is a good career choice for people looking for job opportunities for felons. A degree in construction management will greatly help you to land a job in construction project management. These managerial jobs for felons pay well but they are suitable only for those who are willing to put up with the stress of leadership roles.
SPDN: An Inexpensive Way To Profit When The S&P 500 Falls
Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio
By Rob Isbitts
Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.
The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.
SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.
Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.
Proprietary ETF Grades
Offense/Defense: Defense
Segment: Inverse Equity
Sub-Segment: Inverse S&P 500
Correlation (vs. S&P 500): Very High (inverse)
Expected Volatility (vs. S&P 500): Similar (but opposite)
Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.
Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.
Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.
Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.
Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.
Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy
Long-Term Rating (next 12 months): Buy
Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.
ETF Investment Opinion
SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.
Nutritional Supplements – Are They Truly Necessary?
Find out if nutritional supplements are truly necessary for good health and whyNutritional supplements, vitamins and minerals taken to improve diet and health, are becoming more and more popular in today’s society. Many people, looking for some way to improve health and wellness, have turned to nutritional supplements for help. This trend has created an endless supply of nutritional supplements and brands advertising them in slightly different, supposedly better forms. Is it simply a useless fad? Or do people really need nutritional supplements to improve their health? The fact is that, due to eating habits, food quality, and other environmental factors in our society, nutritional deficiency is a reality that is difficult to avoid. Taking nutritional supplements is necessary to combat nutritional deficiency.Modern eating habits have created a need for Nutritional SupplementsEating habits have changed dramatically over the last century. Low in nutrients but extremely high in convenience, fast food has become a daily part of life for many people. Fresh foods are preferable, but not always easy to obtain or convenient to use. Even the healthiest individuals find it nearly impossible to get all the necessary vitamins and nutrients from dietary sources alone. Very few people actually consume the seven to ten servings of fruits and vegetables that they should a day. Nutritional supplements can fill in important gaps in a normal diet. The vitamins and minerals that they contain contribute to overall health and a strong immune system. Keep in mind, however, that nutritional supplements only supplement a diet, they do not replace it.Nutritional Supplements and the decreasing quality of foodAs eating habits have slowly become worse, so has the quality of the food itself. It is nearly impossible for the average person to obtain the proper amounts of vitamin and minerals from modern processed food that is packed full of sugar and fat. Even vegetables and fruits are of a lower standard. In 1992, the United Nations Earth Summit found that vegetables naturally containing vitamins and minerals like copper, potassium, boron, magnesium, and bioflavonoids contain dramatically less than they did fifty years ago. Such diminished levels of vitamins and minerals can be made up for through the use of nutritional supplements. Not doing so can lead to nutritional deficiency and a slew of completely avoidable health problems.Other environmental factors and Nutritional SupplementsUnfortunately, our society and culture produce other factors that can be damaging to health. These include high levels of stress and pollution. Both can weaken the immune system and make people vulnerable to sicknesses that could be combated if the body was stronger. Nutritional supplements help the body’s immune system continue functioning at peak levels of performance and thereby protect itself from the constant bombardment of disease that we all face.Taking nutritional supplements helps the body maintain a healthy, efficient immune system. This, in turn, protects the body from harmful effects and diseases brought on by factors like eating habits, food quality, and our stress filled environment.