Commandment #5: Thou Shalt Have a Reality Check

An unfortunate characteristic of the investment industry is that there are many unethical operators.  The standard tactic for these people is to make “guarantees” of high returns.  This appeals to people’s sense of greed, and sends them headlong into great...

Commandment #3: Thou Shalt Understand the Theory of Relativity

When most people hear of “The Theory of Relativity” they think of Einstein and E=MC^2.  As it turns out, there is another theory of relativity that investors need to know about.  This relativistic view of the investment world can be summarized by the phrase: “Compared...

Commandment #2: Thou Shalt Hold Thy Tenants Accountable

The second of the “Next” ten commandments of successful investing is to hold your tenants accountable.  This is a critical component of income property investing, and it is one that many investors unfortunately ignore. As the owner of a rental property, your tenants...

Commandment #1: Thou Shalt Not Be a Sucker

The first of Jason Hartman’s “Next” Ten Commandments of successful investing is that “Thou Shalt Not Be a Sucker.”  There are many dimensions of meaning behind this commandment that apply to us as investors. The first thing to understand about “not being a sucker” is...