In 1980 Albert J. Lowry’s book, How You Can Become Financially Independent by Investing in Real Estate, became a bestseller. One year later Money magazine estimated Lowry’s net worth at thirty million dollars and called him a ‘real-estate wizard’. But something went wrong, and four years later the Success Development Institute, which promoted Lowry’s theories, collapsed with two and half million dollars in debts and Lowry filed for bankruptcy.
Albert J Lowry is just another reminder of the eventual folly of putting one’s hopes for life in get-rich quick schemes. Even when they seem to work there’s no security in them. His story also reminds us of the ancient wisdom of the Bible that says: ‘It is the blessing of the LORD that makes rich, And He adds no sorrow to it.’