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Reply to "25 y/o $4M Net Worth-should I go to law school?"
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[quote=Anonymous][quote=Anonymous]You're very practical and smart and also cynical, and I think your cynicism could interfere with your ability to discover your work passions or derive the joy that comes from a true partnership with someone. I know you didn't ask for that kind of advice, but as someone much older, I hope you'll invest in your personal life, too. It's great to rise through the ranks and experience financial success and be ambitious, but it's pretty lonely to do it alone. [/quote] agree w/ above. I think OP should use the freedom/capital he has to work his way up in the real estate world. do 10 years at other shops, find what you're most interested in (acusisitions/development/foreclosures/whatever) and then take $10mm and start your own thing. if you're good, you can leverage other people's money and build generational wealth. if you're bad, as long as you don't tottally leverage yourself up w/ recourse financing, you'll end up in an okay place still. practical, smart, cynical, moneyed = real estate / investments / etc. [/quote]
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