Life is full of twists and turns. These tend to help us shape the person we are to be. Brad Reifler took all the right steps to become a successful hedge fund manager and a very rich and successful business owner. He got the right education. He founded his own company that when sold was worth millions of dollars. He got the experience that has made him a force to contend with in the financial realm.
All of this had Brad Reifler on the fast track to being a billionaire at retirement. Then he began to realize that this is only true for about 1% of the American population. Only the very rich can make the investments and financial decisions needed to live a very comfortable life. The majority of the population is blocked from these opportunities.
Forefront Capital Management is the second company that Brad Reifler founded and runs. This company focuses on accredited investors. These are individuals who make more than 250,000 per year. These are people who really are not reliant on their investments to ensure a comfortable retirement or to send their children to college.
Reifler realized how hard it was for the average middle class citizen to invest and grow their money through two difficult times. The first was when he invested in a 529 account to pay for his children’s college education. After many years and what should have been years of growth, Reifler went to withdraw funds to pay tuition. What he found was that the account had actually lost money.
The second happening was when his father-in-law retired. He wanted to invest to grow what money he had into more. About.me makes the point that Reifler was assigned the task to help with investing his savings. He found that unless his father-in-law was worth more than one million dollars, the opportunities for investment were very limited.
These situations have prompted Reifler to use his company, Forefront Group, to help the majority of investors who are not considered accredited. He offers tips to help them understand how to invest and what to watch for. His top tip is to always watch the investments to assure that they are making money and not losing.
Reifler also stresses to Reuters that investors should spread their funds across a number of different venues. One should also consider the reason why they want to invest. What is your goal? Having a decisive plan of action will help keep focus and aid in growing wealth.