It is a new year and Americans are trying to keep their new years resolutions. Even though most of those resolutions will be broken. People that wish to get healthier will still continue to eat junk food, people who want a better relationship will still be single. Yet there is one resolution that should not be broken and that is your financial resolution. Even though investing can seem like a daunting task, Sam Tabar, a professional investor and corporate attorney is here to help. Recently an article was published on cnbc.com that outlines Sam Tabar’s tips for new investors.
Sam Tabar advices people to be careful about investing in commodities. Instead he advices people to invest in mutual funds. Mutual funds are less volatile than commodities or stocks. The novice investor should be careful and should do extensive research if they do indeed decide to enter the commodities market. By investing in markets that are volatile the investor will be able to sleep better at night.
Sam Tabar also recommends investing in private businesses rather then the stock market. New technology has made it possible for regular people to invest in private businesses through the use of social lending. A person can also invest in private companies that use their profits for the good of society. These companies allow an individual to invest in a safe yet alternative way. No matter what the person decides to invest in, remember to diversify your portfolio and invest in different companies and sectors.
Sam Tabar urges new investors to be safe when they are investing. He always tells investors to diversify their portfolio and research the company that they decide to invest in. Sam Tabar uses his knowledge as a professional trader and corporate lawyer to advice his clients.