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Re: Am I being wise, or stupid???
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Posted by JRM on November 18, 2006 at 10:27:00 from (64.12.116.74):
In Reply to: Am I being wise, or stupid??? posted by Luke S on November 18, 2006 at 07:34:25:
You cash flow looks good for this project and you could concieveably pay it back in one year. Pretty much makes it an easy decision. As for your relative"s advice - is he a very sucessful person thus showing good business sense so that you can justify taking a second and third look at your numbers? Does he have a specific reason for telling you not to proceed? Or, is he just getting by - possibly due to letting to many good opportunities slip through his fingers?
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