It is not uncommon for some professionals to have expertise in more than one area. Just like some of the more notable individual success stories, Sam Tabar has experience in both the legal field as an attorney and the investment field as a Managing Director for PARX Group Co./PMA Investment Advisors. Therefore, the advice that he gives to others about investments that should be made in the year to 2017 is not only based on a whelm of potential possibilities, but are founded on real world sound investment strategies. So, for those of you who are interested in what he had to say about today’s smart investment tips, you can review those that have been provided to you below.
Tip #1 – Even though making the proper investment decisions may not be an exact science, there are some key strategies that people can use when they know how this industry works. One of the most important is cutting down on the risk involved in buying investments that may cause newbies and casual investors alike to lose large sums of money. That said, with 2015 investors, commodity trading should be kept to a minimum and proceeded with much caution. This is because buying commodities are not only risky, but also more volatile than other trading opportunities. As a result of this kind of advice, it is very important that investors either eliminate these investments altogether or do the appropriate amount of due diligence before moving forward.
Tip #2 – Invest in Private Business
While investing in traditional stocks is usually available, there are other alternatives that investors need to consider closely too. One of which involves investing funds into private businesses. Because social entrepreneurship is currently seeing substantial social gains, this is a very good place to start any investment campaign. For instance, he has compared his own investment opportunities to reference and further prove its point by referring to the investment that he made in THiNX.
Tip #3 – Lessen Risk with a Diversified Portfolio
Another important piece of advice for lessening the impact for both seasoned and newbies is making sure to maintain a diversified portfolio. Simply stated, do not put all of your investment eggs into one basket.