Quote:
Originally posted by Noah
This would be like a guy buying a parking lot and saying, "Well, Toyota is making a lot of money these days, so my parking lot is a guaranteed winner!"
I don't mean to be harsh, but if what you wrote above represents the level of thinking that went into this investment, well...not smart.
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Well that's a stretch but I see what you're saying. But like I HAVE STATED NUMEROUS TIMES in this thread that this type of investment is OUT OF MY LEAGUE, therefore I had an accountant and an attorney to help me make an educated decision. I didn't research it much myself cause I followed the advice of my lawyer and accountant. I made mistakes and I'll admit it. No one's perfect. Their advice has been right on in the past, but this time following their advice was a mistake. So if you don't have anything constructive to add or ideas to what steps I should take now, please don't post. Your post does me no good.
Thanks to those that were helpful.