I knocked two items off yesterday's list, and made progress on at least three others. I think the word I must focus on is focus, or perhaps mission. On my way here today, I stopped by Google maps. I'm praying elsewhere this morning and thought I might look up where. That should take maybe two or three minutes, but then Google has these little tags on maps that name businesses of interest, and then I start to zoom in and out, and look at how far away is a property that was up for auction last year, items of minimal utility, or perhaps more bits of obscure knowledge of the sort I like to accumulate so that I can impress others with all that I know.
I do like to know a little bit about everything. It's a good way to stay safe and ward off surprises. But then maybe it's good to be surprised. It's possible the already knowing might just get in the way of the wonder. But then, it's also possible that it gives rise.
It's firefly season. There are many of them this year. I suppose that if all I have is some vague notion of G-d, then they just become a miracle, a sign of his limitlessness.
But when I know more, I run the risk of seeing their phenomena as a question of physics or chemistry, and I'm not sure if that makes them more or less awe inspiring. In the end, there are just a handful of fundamental forces at play, and another creature uniquely designed to make a special display of them.
And I'm again at a loss, and a little tired; I keep stopping and just putting my head back and closing my eyes. I am still a little tired.
I know what today's theme is. It's Lifetime Asset Protection Trusts. I intend to make them a part of all of our plans. The idea here is that I want to be able to make my legacy available so that my children can enjoy the fruits of my parent's labor, but so that these fruits are protected from other comers, mostly future creditors and spouses, but also profligate future versions of my children should they somehow rear their heads.
I worried about Uri yesterday. He wants to go in the direction of special forces in his military service. And I think of Dr. Peterson. He mentions that Post-Traumatic Stress Disorder is more often the result of seeing the devil in one's self rather in others. We know there is evil in the world. We don't live like it lives in our own hearts.
And Uri is just so good. And I experience him as sensitive, and I know that it's only in confronting these things that we can become a better version of ourselves, but I'm still a dad, and I want to protect him. But if I've done my job right, I should be able to trust that he has what he needs to give and to grow and to put in proper perspective those things that might challenge him.
With that I go to pray, and ponder what list I write when I return.
I prayed at the home of Dr. Bloch, who is sitting Shiva for his sister. It's a fun house, country style, wood panelling on the walls, and I thought maybe I should make a list of ten ways to acquire property, and then shifted to ten ways I could make an impact on the world. Let's see which shows up:
- Theft: I could steal property from those undeserving, and utilize it for the good. Now I hope it's obvious that this is a bad idea in so many ways, but I suppose it's not given the number of people who still think socialism is a good idea and who would happily substitute their judgment for mine.
- Inheritance: Another awful idea, but then maybe not. It depends how it's structured, as in
- Reverse mortgages, isn't this just a form of paid for inheritance?
- Time arbitraged purchases: I had this idea many years ago when a Mr. Silverman wanted $400,000 for the remainder interest on his Classic six, apartment 9B, on 86th between Columbus and Amsterdam. Take a mortgage near the apartment's value, use it to fund a buy out on an elderly person's apartment, and use the remainder to buy an annuity based on the elderly person's life expectancy that would cover the mortgage on the apartment. The longer the person lives, the more equity I end up with.
- Marriage: a kind of problematic idea if a person is happy with his current spouse.
- Short sales: limited by capital, unless I can quickly flip, or establish a large enough income stream to justify refinance so I get my capital back quickly,
- Gambling: requires extensive training in a skill I have no need to acquire,
- Start a cult: and obviously get people to donate to my church.
- Adverse possession: A nice word for stealing, limits movement and tough to prove.
- Start a real estate firm and bring in investors (a la Grant Cardone), but then it's not really mine.
- Buy it.