Posted by Donald Trump on August 18, 2003 at 22:27:14:
Well I took your advice Mr. Behle and I read the vast majority of the articles on this site. I understand a lot of the principals of what you're saying but, to be honest, some of the "lingo" is making me feel like a slow kindgartener in a calculus class.
Is there anything like a glossary of sorts for this type of thing?
The other thing I wanted to ask is whether there's a lot of saturation right now in this particular market and how stiff the competition is within that saturation? Don't worry, I'm 22 and I have plenty of time to hang on by my toenails...so an honest answer won't scare me away from the business.
Also...If there's one thing that gets hammered in by reading all of this is that investing is by far a better choice than brokering. Going back to the age and money issues....is it still possible to get financing for notes with no credit. Thats where I keep coming up with a catch 22. I want to avoid brokering if possible, but is that the only path open to me?
I'm willing to do the work and learn the material, but right now I'm trying to find the beginning of the path so I can move towards the summit. I know thats like 5 moutfuls....but advice would be appreciated.