Putting money into a certificate of deposit or a money market account is not a bad idea. The interest is low, but such is the tradeoff for seeking a low-risk investment. There are other ways of investing money, but people new to investing their funds may not be familiar with them. Brad Reifler, the CEO of Forefront Capital wants to help those people out. A financial expert, Reifler has been very public about discussing steps newbie investors should take.
The advice Reifler presents is based on simple common sense. He discusses steps that are perfect for someone hoping to avoid common mistakes. The strategies are equally helpful to those interested in avoiding risk and volatility.
Reifler stresses that putting money into safe vehicles is the best way to preserve it. Diversification is a key point in this process. Putting 100% of one’s investment capital in the stock market undermines the concept of having a diverse investment portfolio.
Before putting any money into the market or any investment vehicle, Reifler suggests on Twitter figuring out all specific goals. Defining investment goals does help lead someone to the right vehicles or even the right assistance.
Seeking assistance from brokers or fund managers can be a wise move, but be sure to look into the background and reputation of such professionals. working with the wrong manager or broker could prove disastrous.
Brad Reifler has made a career out of coming up with smart decisions in the financial world. Reifler is not new to finance and investing. He has over 30 years of experience in the industry. His early forays date back to 1982 when he founded Reifler Trading Corporation. He did so not long after graduating Bowdoin College with a degree in economics and political science.
The ensuring several decades reflect Reifler’s consistent success in the world of business and finance. Before his achievements with Forefront Capital, Reifler was enormously successful with another company named Pali Capital.
Reifler positively does want people who fall into the “99%” category to succeed. The “99%” comprise the great middle class. Reifler wants people with less than a net worth of $1 million to know there is a lot they can do with their money. Hopefully, many will take his advice and start looking into reputable investment vehicles. Follow along on Reifler’s website, as he seeks to help the world.