Anyone who knows a little bit about real estate knows that the housing market works in cycles. Anyone who knows a bit more knows that if you bought a worthwhile piece of property, it barely matters when you bought it if you can hold on to it. His inheritance was more than large enough to do that. As in, buy a good piece of property, and sit on it. Anyone who knows a little bit over that much, knows how squeeze a deal no matter what the market looks like. Following my advice blindly would've been foolish. Following it after having taken four months to read up on the subject, and seeking out the advice of some professionals after having done some self education, would've made him a millionaire three times over by now, or in the forseable future.

He owes himself better than to follow blindly.