Jim DAmbrosio:
CLASS OF 1964
Poway High SchoolClass of 1964
Poway, CA
Jim's Story
After graduation I worked in retail until I was drafted into the Army. After the Army I decided to get into Finance. I worked as a stock broker, but couldn't see myself taking advantage of folks like the other brokers, so I founded an auto leasing company specializing in exotic cars (my hobby), but leasing all types of vehicles to a variety of clients, including several large banks. After learning about banking I founded my first bank at age 32. I sold it a few years later for a tremendous profit and moved my family to Northern California. I thought I would retire, but 34 is too young to retire, so I got back into the finance business starting a mortgage banking company. A few years later I founded my second bank and merged my mortgage company into the bank. After 5 years I sold out my interest in the bank and thought I would retire again. My wife's brother was getting a divorce and needed to sell his company in Riverside County that built and installed garage doors in new tract developments. To help him out we purchased the company and really expanded...Expand for more
it. I bought a second company in San Diego and then opened another location in Northern California where we lived, so we had the complete state covered. I operated the company for almost 15 years until a friend approached me to buy the company and made me an offer I couldn't refuse, so I finally retired. We traveled the world and did almost all the things you think you want to do in retirement. But after 11 years I became bored with not working and got back into a business that I love and that I am operating even today. I founded Lincoln Gold and Coin, a gold and silver dealership in the town of Lincoln, California where we live. You can look it up online. I will probably operate this business until I am not able to work any longer. I love the gold business and invested in gold and silver myself since the late 1970's. I have been married to my wife Jeannette for 52 years. We have two children and three Grandchildren. I feel that God has blessed me perhaps beyond what I deserve, but I thank Him each and every day for all he has done for me in my life.
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