January 03, 2006

Lorraine Bracco keeps a simple strategy when it comes in investing: She sticks to real estate.
Bracco said she has never bought a stock in her life and doesn't understand it. But real estate "is like porn for me." "Listen, if I am going to get in a cab to go home, and I see a sign for an open house, I will go in. I like real estate because I am the boss," she said in Sunday's New York Times.
Bracco filed for bankruptcy in 1999, the same year of the debut of "The Sopranos." "It was horrifying and embarrassing: getting foreclosure notices; lawyers knocking on your door wanting their money and no work to be found," she recalled.
Since then, Bracco said, she has paid off much of her $2 million in debt as well as nearly $500,000 in back taxes. "I owe my last $50,000 to the bankruptcy lawyers," she said, adding that the show has given her financial security.
Source: Foxnews
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