The creator and chief executive officer of investment firm, Forefront Capital has laid out some great investment advice for all investors. The tips are geared towards what Brad Reifler calls the 99% or the majority of people who cannot invest in things such as hedge funds, commodities and public funds. Any investor who follows the five basic guidelines below can expect to see better returns and safer investments with less risk.
Crunchbase has it that Brad Reifler stresses the importance of caution when investing. You need to be extra careful with your investment funds. Things to consider while investing should include the risk of the investment, any charges you will be charged such as broker or market fees and the total expense you will incur both right away and later down the road for the investment. Reifler also states that one should make an inventory of any existing assets and create a goal for the future.
Next says Brad Reifler is to be extremely vigilant about the security of your money. The financial world is full of fraud. You should also be careful to avoid investing in damaged companies or other scams such as ponzi schemes. Safeguarding your money is just as important as being cautious and researching an investment says Brad Reifler.
A lot of novice investors put all their eggs into one basket. What Brad Reifler is referring to is putting all of your investment capital into the stock market. This is not a smart move. You need to diversify your portfolio. Consider adding bonds to your portfolio to supplement stocks or investing in some mutual funds. Learn more about more Brad Reifler: https://twitter.com/bradleyr?lang=en
Another good idea is to invest in commodities such as gold and silver. By spreading out investments, you decrease the overall risk of all of your investments and increase the probability of getting a return on at least one investment of yours.
According to Bloomberg, the last word of advice from Brad Reifler is to know your goal. You should have a clearly defined goal with regards as to why you are investing in the first place. Make a plan and stick to that goal.
Don’t over invest but do not under invest either. If you see something giving you good results, then consider expanding that practice, but be pragmatic.