Don't fall for the "Guru" gimmicks

[Craig Anderson]

So, I just went to an Investment Club meeting, and thought about joining. However, the costs were too much for me, but I was thinking of ways that I could still do this.  However, after I let things settle in my mind, I realized that they are not teaching anything that I haven't learned through BP or other resources, so why would I give them my money in order for the to "help me."  

It's all about mindset, believing in myself, and knowing that I will be successful by sticking to my business plan for investing.  I believe that the capital will come when I find the right deal.  And, on the way home, I was thinking of reaching out to lenders now and getting to know them and letting them get to know me, so I can build a rapport.  

And, as I was doing some research on this club when I got home, I came across Brandon Turner's blog post about how to avoid being scammed by "guru" clubs and investors.  He gave the advice that I've already been thinking about and realizing on the way home. Yet, it was great to hear to remind myself that I'm making the right choice by investing in myself rather than giving away my money.

Thanks BP community for being there as I'm learning and getting ready to invest.

Take a look at his advice, it's simple and direct.