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Reply to "Do you know anyone who fancies themselves a savvy investor?"
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[quote=Anonymous]Me I have only invested in a few companies and flipped a home before the crash of 2007. I don't brag about it though. Even though if you read below it's BRAGGING. People ask how are you able to build a new home in Arlington now? I say dumb luck and I am frugal with certain things. I invested in a company called Apple a while back sold my shares at around $700. Took that money invested in renovated Arlington SFH, waited 2 years and sold the home by myself for over $100K Gain. Took that money bought the largest lot OLD Arlington SFH I could qualify for in 2007. Also, 2007 I reinvested by retirement funds went all in Small Index. I feel I am lucky and practical. But by no means RICH and would love to get some advice from someone who invests for a living. My new neighbor mentioned they have family home in Maine. That is subtle way to say I have generational wealth. I would like to pick his brain but need establish trust first. In terms of giving advice, I try to ask basic questions. Why do you want to INVEST now outside of Retirement? What's the motivation? [/quote]
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