You are ahead of the doctor, be proud - Posted by Philip
Posted by Philip on October 17, 2003 at 22:15:28:
I have been reunited with an old friend with a graduate degree. He is from southern California and a very sharp guy. (Probably like Doc, but that is where the similarity ends)
The man has absolutely no clue how money works.
He is renting from a mutual friend until his home is built.
This friend told him to borrow and get started in rental sfh’s. This mutual friend has borrowed 75k for 2 homes.
I told him I might know a way he could make good yields on very small amounts of money, like 2-4k, if he invested with me. He heard the details and decided he wanted to invest 2 or 3k right now, if not sooner. When he heard I had 0 of my own dollars invested at the present time he started paying attention.
This man has 8 years of post-graduate education, and even after my briefing him on what little I know; he said, “You will have to educate me Philip, I have never made my money work for me”.
And he still is just going to invest, even though I didn’t tell him everything, and I know he doesn’t fully understand.
SO,…hey! Were all ahead of this guy, and some of us with little education. Many on this board have received less education, but at least some about money and it’use.
Be proud of what you’ve done.
And thanks to everyone who posts here and the affordable materials available. My friend payed 80-90k for his education.