Investing can involve feelings of fear or greed that can cause you to make mistakes. The wise investor continues to follow a prudent plan to maximize his profits. He does not divert from this strategy. Forefront Capital CEO Brad Reifler shares his 5 tips for investing during a Reuters press release.
“New Accredited Investor Definition”
Have you ever heard of the “Accredited Investor?” According to Investopedia, the “accredited investor” is deemed to be “financially sophisticated” under Securities and Exchange Commission (SEC) regulations. This investor could be an individual, hedge funds, banks, insurance company or trust. In layman’s terms, this might refer to the 1%.
Many Americans believe that Wall Street is a democracy where all have the same investment rights. Forefront Capital CEO Brad Reifler shares his insights on how he discovered that his own father-n-law could not follow the proper investment strategy because he was not a member of the 1%.
“Brad Reifler Investing for the 99%”
During the Reuters press release for “Brad Reifler’s 5 Tips for Investing,” he recounts two interesting personal stories. Many modern investors can associate with Brad Reifler’s account of investing in a “529 college savings plan” for his children. Eventually, the college “fund was actually worth less than what he started with.” During the 1980s, the sky-high interest rates made investments and savings much more lucrative. In 2016, inflation has made it difficult for the 99% to keep pace.
Forefront Capital CEO Brad Reifler also ran into problems when trying to invest for his father-in-law. His father-in-law did not qualify as an “accredited investor.” Brad Reifler said that previously he had focused on providing services to the accredited investor with income above $200,000 per year and a net worth of more than $1,000,000 (not counting their home.)
“Five Tips for 99% Investing”
Many of the top high-end 1% are involved in “High Frequency Trading (HFT)” or hedge funds. Neither of these markets may be available for the regular investor. The 1% may try to make money on rapid stock price changes.
For the 99%, Forefront Capital CEO Brad Reifler affirms the following 5 tips for investing: 1. Risk Assessment, 2. Safety, 3. Keep Cash on Hand, 4. Study Money Manager and 5. Goals. Don’t invest money that you cannot lose. You will also want to find a money manager who shares the same investment philosophies.
Since June 2009, Forefront Capital Group has been offering boutique banking and wealth management services to its clients on both a discretionary and non-discretionary basis. The firm offers portfolio management and banking services for individuals, advisors, distributors and global institutions. Forefront Capital CEO Brad Reifler offers financial services for the 1% and 99%. Brad Reifler can be found on Twitter where he provides much needed financial advice to those in need.