Investing proves difficult especially for the middle and lower income citizens in United States. Most of these people think that it is a very risky business while those willing to invest find themselves unable to due to the net worth and specific income restrictions that have been in place for more than 30 years. Brad Reifler an investor and financial advisor understands what it takes to be a part of the people who are mandated by capital to invest and also part of those who do not have the capital. For this reason, he has taken a great part of his time teaching the low and middle income citizens the importance of investing and how to out maneuver the hurdles to make less risky investments.
According to Reifler, investing requires a great amount of discipline. One needs to know exactly why they are investing and understand their investment objectives. If the investments turn out to be profitable then they should continue investing. Investors should refrain from investing all their money in stock markets and consider the safety of their money first. Lastly investors should be able to trust the people investing their money so they should seek to know their fund managers.
Reifler studied economics and political science in college. He began his very first company, Reifler Trading Corporation in 1982 and made it successful that it was purchased by Refco. He took the opportunity to form Pali Capital that was his biggest success. As its founder and CEO he managed to lead it to attain profits of more than $200 million and open more branches in the U.S, Australia and U.K.
He currently works at Forefront Advisory which he founded and is the CEO since 2009. The company specializes in foreign exchanges and commodity market investments. He is an outspoken person when it comes to finances and has been picked by various outlets such as even Reuter’s news, MarketWatch and Yahoo Finance to give advice to various groups of people on the same. He is member of various markets and a member of audit, nomination and compensation committees at Sino Mercury Acquisition Corp. His 30 years’ experience in finance has given him extensive knowledge in the area.