Brad Reifler, the Founder and Chief Executive Officer of Forefront Capital, recently broke down the movie “The Money Monster” showing the similarities between real investors and the ones depicted in the movie. Avoiding the common pitfalls when investing can come at a price to less experienced investors. These investors need to become aware of sound investing principles in order to make solid gains on their investments rather than repeatedly suffering losses. In particular, he points out that the richest 1% have access to alternative markets such as public funds, hedge funds, and commodity funds that everyone else is locked out of participating in by the Federal Government.
Reifler gives three main tips that apply to the majority of investors in the United States which will help them on the path to being a prosperous investor. His first tip is to not put all of your money in the stock market and take into consideration the safety of your funds. His second tip is to get to know the people that are managing your funds as you want to know that they’re trustworthy. His third piece of advice is to understand why you’re investing and what your goal is.
Reifler believes that in order to make the most of their money regular investors should have access to the same types of funds that the richest 1% do. He has focused his company Forefront Capital on providing this access to regular investors. He notes that the SEC is coming around to his point of view and a task force has recommended dropping the rule that locks regular investors out.
Reifler founded Forefront Capital in 2009. He founded his first company, Reifler Trading Corporation, soon after graduating from college. He was so successful at his specialty in global derivatives that his company was bought out by the financial Firm Refco.
Brad Reifler also founded another financial company, Pali Capital. He owned this firm for 13 years and achieved over $200 million in profits. Throughout his career, he has focused on how everybody can get involved in investing and how middle and lower class people can save and invest money for their retirement.