As 2015 continues to start off with a bang, prominent attorney and capital strategist Sam Tabar took the time to share some of his top investment tips on how to make 2015, as well as the years ahead, financially sound. Every year Americans incorporate financial betterment into their New Years Resolutions. Tabar’s advice is designed to help newcomers to the actually put those resolutions into concrete, actionable items when it comes to their investment portfolios.
Tabar’s expert tips shared a wealth of his knowledge and advice. He began by cautioning against looking to beef up portfolios with commodity trading, stating that these types of investments are more risky than traditional investments like mutual funds. He reasoned that since commodity markets aren’t as stable as mutual funds or stock markets, a great deal of research is absolutely key before settling on commodity trading.
Tabar’s recommendations for 2015 included looking at investments in private businesses as a another viable alternative to stock markets. He stated that with the growth of new business and social startups on the rise, there are a plethora of opportunities to make money through wise investments, while also helping others. Tabar stated in his article that he had recently invested in a socially conscious women’s undergarment manufacturer called THINX. For every undergarment sold, THINX donates seven sanitary cloth pads to AFRIpads, that in turn donate the sanitary supplies to women in Africa whom might otherwise not receive the needed supplies.
The press release also stated Tabar’s emphasis on the importance of having a diversified portfolio. He stated that exciting new investments and high-performing stocks often take center stage, but having many eggs in many baskets was sound advice he would give anyone looking to invest. The best advice he had for new investors was to start investing now, citing the fact that many people in their retirement years look back and wish they had started invested sooner.