Middle and Low-Income Earners Can Also Invest Successfully

To invest successfully, you need more than a hunch. It requires refraining from putting all eggs in one basket – the stock market, working with trustworthy fund managers and knowing why you are investing.

Is Investing for the Chosen Few?

It does not matter which side you are on – the privileged elite making up only 1% or the 99% comprising non-accredited members from the middle class. Anyone can build a fortune company.

Despite the restrictive accreditation laws that have most middle-class folks under a spell of debt and financial insecurity, there are other unconventional ways to invest.

Where to Invest

One of the places is Forefront Income Trust initiative, founded by Brad Reifler. Brad, the efficacious American entrepreneur has been on top of his game right from the start.

Brad Reifler

After acquiring a degree in Economics and Political Science from Bowdoin College, Reifler founded Reifler Trading Corporation in 1982. Their mainstay was global derivatives.

Sky is The Limit

Despite his freshness in the industry, he managed to carve out a niche for himself. By the time he sold Reifler Trading Corporation to Refco, it was a decent fortune company.

After that, he founded Pali Capital where he recorded great success. As chairman and CEO, it only took him 13 years to steer the company to $200 million profits, and this was coupled with expansion in the UK, Australia, and the US.

From Grass to Glass Ceiling

Unlike most famous entrepreneurs, Reifler has a soft spot for the middle and lower classes. He constantly encourages them to save for the future.

The Importance of Saving

He did not do it himself, plus he suffered setbacks of saving in the wrong places, but his father-in-law gave him his thirty-five years’ worth of life savings to invest. The old man was not wealthy, but from his RV repair shop, he saved the capital that his genius son-in-law turned into great wealth.

Reifler managed to make solid gains out of his father-in-law’s gift because he knew how to keep his losses at a minimum, how to avoid common pitfalls, and he had mastered the principles of investing.

Despite understanding middle-class investors’ limitations, Reifler says, “Everybody can get involved in the world of investing“. There is no excuse for not saving or investing.

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