Imagine the horror of a hostage situation on a financial advice television show. The absurdity of the situation may permeate the events, but this does not make them any less terrifying. Not very many people are going to find themselves in the horrible situation of a hostage crisis. Millions of people around the world, however, have seen things play out in the Hollywood movie “Money Monster”. Audiences likely took the film’s themes as warnings. Financial advisors who are greedy do make enemies. In a microcosmic way, middle class investors who look beyond the narrative of the film and be more careful about mundane investment scenarios.
This is where the charming advice of Brad Reifler may prove exceptionally beneficial. Reifler, as some may already know, is the successful CEO of Forefront Capital. Reifler has decades of experience in the financial industry and he has helped many accredited – a.k.a. wealthy – investors put their money into high risk/potential high profit endeavors. Today, Brad Reifler has shifted his focus somewhat. He puts a great deal of effort and emphasis on helping the non-accredit investor. A non-accredited investor is defined by his or her net worth and is barred, by law, from being sold on certain costly and risky investments. There are pros and cons here. Those of meager means should not be putting $15,000 into a high risk private equity fund.
Reifler draws on his many decades of experience to point out concerns middle class investors should have prior to putting money into any vehicle. He suggests investors beware of fees, look at the totality of the wide spectrum of investments available to them, and to be leery of the risks associated with too much emphasis on the stock market.
Prior to running Forefront Capital, he oversaw Pali Capital and the Reifler Trading Company. His advice is worth listening to. Be sure to check out his official website for more.