What if?

Crisis happens when we must make important decisions quickly in uncertain times. The information is incomplete and conflicting. The relative importance of various factors differ from what used to be true. The lucky and the wise do amazingly well. The unlucky and the...

How much does it cost?

Life is full of trade-offs. We’re fighting the coronavirus pandemic. So, we trade the economic cost of “flattening the curve” against the lives saved. We trade the debt we leave for our grandkids against mitigating economic disruption. Acknowledging these trade-offs...

So, is it the end of the world, yet?

Last week a nervous rental owner told me that he expected 75% of his tenants would not pay their April rent. Yesterday he told me that that all rent was paid. Last week more than a dozen rental owners were terrified they would have to borrow money when the residents...

Know Your Values and Goals

Smart apartment investing decisions start with knowing your values and goals. When you know your values and goals, you’re more likely to make good decisions and less likely to make a decision you’ll regret later. There’s another benefit. You or your broker may learn...

What kind of winner are you?

When the applause, and recognition come, are you arrogant or humble? There are times in life when you will choose well. Your effective, faithful, and wise actions will produce great success. Then what? We hear a lot about being a “good loser,” but what about being a...

Get Lucky

Dr. Richard Wiseman is a professor in the Public Understanding of Psychology at the University of Hertfordshire. For over a decade he conducted interviews and experiments to determine why some people seem luckier than others. Here’s what he found. The findings have...