The speaker described Parmi's situation for him in a nutshell, as an amateur investor
who had been seduced by the package rather than seeking out a top quality education from property professionals.
But unlike in years past, when such sales would usually transfer a property from one amateur investor
to the next, Knakal indicated that institutional investors have now stepped in to become prominent buyers of the small office properties, apartment buildings and warehouses that used to be the exclusive province of small-time real estate owners.
The amateur investor
tends to opt for a repayment mortgage, viewing their investment more for long-term capital growth," added David.
And soon, she will be on ABC-TV's ``Good Morning America,'' telling the rest of America about her adventures as an amateur investor
There is an old adage that the crowd is always wrong, which can just as appropriately be applied to those who earn their living at the business of investment as it can to the amateur investor
In third place is Jose Arevalo, a 50-year-old accountant and amateur investor
from Mission Hills.
For the amateur investor
who wants to keep the risk level as low as possible, while trying to get capital growth, it is more cost effective and more prudent to use a collective investment such as a Unit Trust, or Investment Bond.
Entrants from ten regions are competing in the first phase of InvestaQuest, a competition to find Britain's best amateur investor
run by the London Stock Exchange and Barclays Stockbrokers, the largest execution-only broker.
Q I AM a keen amateur investor
and have been building up my own small portfolio of stocks and shares which I hold in PEPs.
Investors have been choosing their competition portfolios with the help of the free online portfolio monitoring tools offered on the website supporting InvestaQuest, the competition to find Britain's best amateur investor
Q I am a keen amateur investor
, and have been building up my own holding of stocks and shares in PEPs.
Most of these are trying to attempt to capture the imagination of the amateur investor