Brad Reifler, who runs his own investment company- Forefront Capital- offers some investment help for the everyday person who wants to invest their money safely. He offers some smart strategy on how to invest money without a large chance of loss and how to still be able to get back a decent profit. Here are the five things that are key when investing:
1)When you are investing, you have to be careful where you invest. Look at the risks involved, what it is going to cost, and be sure to set goals for what you want to accomplish with your investment. Know what you want to accomplish and what you can afford to invest.
2) Make sure you are careful about how you invest, don’t just invest in anything without knowing all about what you are investing in. Research the investment, and be smart about your investments.
3) Only invest money that you can afford to invest long term and can do without. Don't put yourself in a financial bind when you invest. Start out with a small amount and work from there over time.
4) Research who you want to handle your money, know all about them and make sure you choose someone with a good reputation and someone that has experience. Choose someone that knows what they are doing, don’t let yourself be impressed by just anyone, know who is handling your money. Know who is going to be investing your money and make sure it is someone you can trust and develop a relationship with.
5) Be aware of the reason why you are investing. Be clear about your objective and keep that goal in your mind. Start out with a small amount of money to invest and see how it goes, if it works well then slowly increase the amount you invest. If it isn’t making you money over a certain, fair amount of time then move on to something else.
Diversification is key to being successful. Make sure you do your research, start out slow and continue to take it slow and steady and you will do fine