Thursday, May 07, 2009

Separate the Wheat from the Chaff

Greetings!

I’m sure you have heard the expression about separating the wheat from the chaff. As a kid on the farm I learned a bunch about separating; cream from milk, weeds from good plants, wheat from chaff…well you get the picture. In fact, the Bible has a bunch to say about chaff and I don’t recall any of it being good. We are bombarded with information on all the economic news including the distressed housing market, investments, changing mortgage rates and more. You have to learn what is important and what is not important, what affects you right now or may affect you in the future, or possibly not affect you at all.

Whenever I am faced with difficult decisions about things I know little about, I do some consulting. I check with professionals like accountants, attorneys, advisers or friends that know more about the subject than I do. Those of you who know me well know that I do pray; admittedly, I don’t always get the answer I want. On the farm we didn’t quit planting wheat just because the wheat futures market was down. My Dad usually consulted with folks in the know and decided how many acres to plant and what other crops he might consider planting in place of wheat. We didn’t quit farming just because we had hail, drought or too much rain or on the basis of what people were saying; each year we planted and each year we harvested, sometimes more and sometimes less.

The media can and has caused unnecessary anguish and panic. I believe real estate works the same way as farming in that we try to make good and informed decisions based upon our short term and long terms needs. We seek professional advice as well as advice from those we trust. We optimistically move forward with a resolve and hope for the future. Separate the wheat from the chaff and may your future be blessed. Life is a Gift…Live It!

Gary A. Nathan
Woodland Developments & Realty
15617 Railroad Street
Hayward, WI 54843
715-699-4040 Cell
715-634-2110 Office
nathan@garynathan.com
http://www.garynathan.com/