When considering the different options for investing money it can be rather overwhelming. There are so many different ways to invest your earnings. Different levels of accounts have different interest rates, account requirements and withdraw rules.
Financial expert and investor Brad Reifler talks about how to properly invest money to avoid big losses. It is best to keep the loss risk as low as possible. Reifler recommends that every one become familiar with investing principles before taking on investing. That can be the different from big gains to big losses. Whether you are a big business owner looking to invest in public funds or hedge funds or an individual investor there is a lot to learn for both parties.
Reifler is recommending that you do not put all of your money in the same place. Specifically in the stock market. It is important to value the security of your money as high as possible. It is a good idea to get friendly with your fund manager. There are few people that you can fully trust in your life and the fund manger has got to be one of them. Think of it like you are putting all of your money in one persons hand. Are they could to use it the right way or run of and watch you panic over losses.
Reifler stresses the importance of knowing why you are investing. What do you expect to come of out investing money? Investing to get quick rich is not a valid reason.
He has a lot of first-hand experience with both investing and dealing with financial loss. Reifler has made some investing mistakes. He tried to invest money in an account to help pay for his daughters college but ended up losing more than he put in.
Brad Reifler is the CEO of Forefront Capital Management. This company provides all kinds of guidance when it comes to investing. He has worked in fun management for over two decades. He has degrees in Economics and Political Science from Bowdoin college.
His first company he created after graduating from college was Reifler Trading Corporation in 1982. Now he is an adviser and gives investing advice to everyone.