Wednesday, September 29, 2021

Should my Parents Invest in my Cousin's Business Idea?

Putting this in "Investing" even though I think it could also fit in "People & Relationships."

My cousin is a pharmacist of 20 years and has invented a doodad that makes dispensing prescriptions easier. She's asking my parents to invest in her idea.

My parents are wealthy (they've just retired and have $1M in a 401k and a sizeable inheritance they just received from my grandparents' real-estate trust). They just called me and asked me to come watch my cousin's Zoom pitch on her...

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