On January 14th, 2015, PRNewswire released the results of a recent study by Fidelity Investment, which concluded that approximately 54 percent of Americans make financial New Year resolutions each January. Because financial plans are the most common type of goals, prominent businessman and attorney Sam Tabar cautions Americans who are eager to increase their net-worth and retirement savings with commodity trading. Throughout the article, Tabar helps Americans navigate through the complex world of investment securities by sharing a few of his most effective and lucrative investment strategies.
According to Tabar, and his bio reflects utilizing this strategy in his own life, pursuing commodity trading is typically more risky than traditional investment vehicles such as mutual funds, stocks, and bonds. Commodity markets are often volatile whereas stock markets or mutual funds are usually more predictable. As a result, investors must have the necessary resources to determine the potential short-term losses that are associated with this investment sector. Tabar would not recommend commodity trading for casual or novice investors. The businessmen with the most success in these markets are the ones who perform extensive research before investing.
Another alternative to the stock market, mutual funds, and commodity trading is investing in start-up companies that have a global mission. Tabar has witnessed the benefits of financially supporting social entrepreneurs as he just recently invested in THINX, a company that produces fashionable yet comfortable undergarments. Along with the stylish products, the uniqueness of the business lies in their business model, which consists of donating seven sanitary cloth pads to underprivileged African and American women for every pair of underwear sold. Undeniably, investing in private companies with a profound mission is a great opportunity to earn money while giving back to the community. That’s a big part of why Sam Tabar has also created a GoFundMe account to start doing more for African charities.
Towards the end of the article that was published by PRNewswire, Tabar concludes by stressing the importance of maintaining a diversified portfolio. Unfortunately, many novice investors mistakenly pursue the most exciting and newest investment vehicles while neglecting to invest money in more stable and often lucrative markets. Additionally, Tabar strongly believes that Americans should start saving and investing for their retirement sooner rather than later.
As a successful attorney and capital strategist, Tabar is well-qualified to offer practical financial advice. He hopes that his sound guidance will help Americans make realistic New Year resolutions. Tabar is currently the chief operating officer of FullCycle Fund. He has previously held prominent positions at Merrill Lynch, Sparx Group/PMA, and Skadden, Arps, Slate, Meagher & Flom.