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Old 07-12-2017, 06:47 PM
manaboutown manaboutown is online now
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Quote:
Originally Posted by suesiegel View Post
When, it comes to money people rarely tell you the truth.

It is perhaps like fishing. I recall reading somewhere we do not allow any cameras on our boat because it prevents growth after they have been caught.

You do not say how you know this lady. Was she trying to SELL you on the idea of buying, investing in real estate.

In 2007 when the stock market dived so did real estate. If, I recall from my reading the only thing that did not go down was gold.
She was not trying to sell me real estate. I am a real estate broker and developer myself. She was seeking my advice on a commercial development she was considering. Her comment was purely an aside when we started discussing retirement. She simply shared what she had done with her stock market investments. No more. No less.
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