Insight

It remains a busy time of the year for the Altus team. In addition to the projects in process, we are preparing for the close of the eleven properties.

In a month where there is plenty to talk about, Altus is also up past our elbows trying to get an eleven property portfolio in Norman, Oklahoma purchased.

When I finished last month’s article, I thought that the focus and discussion of paradigms from the past couple months was over, and we would be moving back to mostly real estate and economic specific topics this month.

This past month, Altus Equity lost two members of the extended Altus family when our investment partners and friends Mark and Brenda Richard’s plane crashed in the Sierras.

To my way of thinking, the most important thing in investing is the asset I am buying itself.

I fully admit to being a raging bear. Readers probably think I am a pessimist. When contemplating the macroeconomic picture confronting us as investors, a nation, or even a world, I probably do lean a bit pessimistic, except that I might call it conservative.

As anyone who has been involved in running a small business can attest, each January can be quite a whirlwind of activity trying to get W-2s, 1099s, business licenses, etc. out the door in the time prescribed by statute.

In full acknowledgment of my economic nerdhood, I realize that I may be one of the few people that find such great irony and humor in the events within the world of US economics since the early fall.

Before I get into the nuts and bolts of the immediate economic impact of the election I hope you will allow me a couple of sentences of decidedly uneconomic opinions.

After several months of focus on micro investing topics, today we will return to a more macro topic. The one thing that seems to be on everyone’s mind is the election.