PRNewswire released a story about Sam Tabar sharing his top investments tips to help guide rookie investors. These are people who seek to increase their net worth and develop an effective retirement strategy in the new year.
Fidelity Investments found in their recent consumer survey that 54% of respondents, plan to make some new year’s resolutions focused on finances in 2015. Consumers new to the game also admitted to being overwhelmed by the complexities of investment securities. Enter Sam Tabar, a financially wise hero to the rescue.
Sam is a successful attorney and capital strategist. He is based in New York City and is passionate about making investments that change people’s lives while avoiding reckless behavior. He believes new investors should stay with more traditional markets like stocks and mutual funds and steer clear of the volatility of commodity markets. For newbies, or casual investors, the research involved with commodity trading may be an overreach, and the possible short-term losses may hinder their strategic plans.
Sam also declares himself bullish on another alternative investment opportunity, private business (start-ups or existing businesses). Tabar gets excited about investing in the right social start-ups. He sees a good chance for making money and helping others at the same time. As evidence, he cites his personal experience with THINX.
The concept Sam stresses as critical for new investors is diversity. He advises all investors against keeping all their investment eggs in one basket. Spread your money around so if one goes wrong you don’t lose everything. Tabar’s number one piece of advice; don’t wait a moment longer, invest now, retirement will be here before you know it.
Mr. Tabar received his law degree from Columbia Law School where he served as Assistant Editor of the School’s Law Review. Sam is a rare breed because before attending Columbia he graduated with honors from Oxford University. Some guys just like to show off.