When you make your living via investments you tend to take a closer look at how you got there. Brad Reifler is the CEO and founder of Forefront Capital and Forefront Investments and he has been working the industry for decades, now. Reifler initially got his start investing while at his university when he tapped into college investments. He learned quickly that there will be risks along the way and that you need to be careful in how you work your money. Knowing that people could benefit from his knowledge, Reifler opted to write up some tips for the 99% of investors out the that need them, as reported by Reuters.
The first point Brad Reifler really wanted to emphasize is that you should always be careful as to what you do with your money. You probably worked hard for your cash and it doesn’t help you to throw it away. Carefully consider potential risks and expenses for any investments that you are considering making. In this same vein you must always be aware of the safety of the money you invest. You shouldn’t be so paralyzed by fear of making a mistake that you miss out on potential, however.
On his Twitter, Reifler continuously insists on the power of diversification. If you want to make some nice, quality money in your lifetime then you need to understand the power of multiple income streams.
At the end of the day no matter what you decide to invest in there is a definitive need for clarity in your mission. Are you investing in order to save for retirement or perhaps to make it rich? Know your path and the route becomes much easier. Check out Brad Reifler’s career history on About.me if you need some more inspiration.