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Old 10-30-2013, 08:35 AM   #18
Stingr69
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Quote:
Originally Posted by TheAviator View Post
What is an SSS?
"SSS" stock ticker symbol for "Sovran Self Storage". It is a way to be in the self storage business without actually being an operator. Just showing another way to look at it. I used to own some, My Mom still does.

I would advise you to seriously consider seeking out a non commission financial advisor that charges a flat fee based on account size. You have about half of what many of them would normally consider a minimum investment but maybe you can find a firm that would be happy to help. Diversification is critical. Do your homework before handing over the money.

I just noticed you are in AR. This firm might be willing to work with you. http://arfinancial.com/ I know some of thier clients and they seem to be happy. There are other firms so look around before you make any decisions.

Hope this helps.

-Mark.
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Old 10-30-2013, 09:09 AM   #19
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You need to get with a financial adviser and set yourself up a nice diversified low cost portfolio. Get it out of the stock market asap though. It is way overvalued at the moment and a correction is coming.
This +10000

OP can hire an independent fee-based financial advisor, someone who isn't pushing a particular company's funds or insurance plans, and can provide advice and review his overall financial situation.
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Old 10-30-2013, 10:02 AM   #20
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Thanks guys great advice all, see and some of you question the wisdom of asking you guys? I think not, great advice and I will take it. No I'm not quiting my job yet. I am wanting it to get at least half full before I would even consider that. Operational costs I will have, but that's the other beauty of this, very low operational costs, I'll have one employee. Hardly no up keep. But thanks again, would still be interested in hearing more advice. Particularly if any of you actually own a storage unit facility
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Old 10-30-2013, 09:08 PM   #21
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Gold, Silver in small denominations... Hyper-inflation is on it's way.
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Old 10-31-2013, 06:54 AM   #22
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holy crap never quit, diversify and enjoy. Investing is a very personal choice and only you know the entire situation. Age relates to taxes to income etc. Visit a few financial advisors and get a better feel from an expert's view.
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Old 10-31-2013, 09:15 AM   #23
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Unload it all and bury a concrete vault to put it in.
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Old 10-31-2013, 09:57 AM   #24
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Look up the background and track record of any "Financial Advisors" that you are dealing with.

Many are simply insurance salesmen with proprietary certificates selling canned investments with entry load fees and poor returns.

Same thing for "investment houses" operations.

Buyer beware.
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