Brad Reifler is the founder and CEO of Forefront Capital Management. He has made his fortune in serving the 1 percent who are considered to be accreditted investors. These individuals clear more than 200 thousand dollars per year before considering their real estate.
Mr Reifler has had some eye opening experiences which have led him to offer advice for those seeking to get into investing, but simply do not have the aggregate income to go through a broker. One such experience was with his father in law who realized he did not have enough money for retirement and wanted to invest to grow more capital to live on.
The first, and probably more important factor to keep in mind when investing is to use caution. Know what you are investing in. Understand the returns and losses of your investments, and understand your risks. Being well informed will aid in growing more wealth rather than experiencing losses.
A second tip that Mr Reifler offers on Twitter to those wishing to invest is to be concerned with where your money is. Making sure that your investment is safe just makes good sense. If losses are being felt do not be afraid to pull out and try again.
Tip number three is to invest in a number of different places, not all in the stock market. Also tying in with tip four of being confident in the person doing the investing for you. Awareness is an important aspect of investing that entails not only what is being invested in, but also the person helping you invest. In fact, that’s a part of why Brad Reifler and Forefront want to reach a new audience.
Finally, set goals. Know why you wish to invest. Keep that goal fresh in your mind to keep agendas straight. Brad’s official website has further information.