Hey everyone, I need some advice on a kinda awkward situation.
So last year I met this girl at a party. She wasn’t an investor or anything, just happened to be around while my friends and I were talking about investing. We chatted a little, exchanged contacts, and that was it.
Fast forward to this year, and she keeps asking me what stocks she should buy. At first, I helped her out politely. Some of the stocks I mentioned, like in the optical comms and storage sectors, did pretty well for her. But honestly, I don’t want to be her personal investment advisor. It takes up a ton of time I could be using to do my own research.
Also, full disclosure, I kinda liked her at first, but turns out she’s married. I have my own boundaries. I don’t flirt with married women.
A couple weeks ago, I started pulling back on giving her stock tips. She noticed and then straight up offered to pay me for advice. Here’s the kicker, I know in the U.S. you can’t legally take money for investment advice unless you’re a registered investment adviser. So I don’t want to get in trouble, but I also don’t want to mess up our friendship.
Has anyone been in a situation like this? How would you handle it?