Every year Americans decide what their New Years Resolutions will be. According to a recent survey 54% of these resolutions are financial. Investment securities are complicated to an individual new to the field. Sam Tabar is an attorney and a capital strategist. He has given some excellent tips to the new investors.
Sam feels people need to add to their portfolios with commodity trading. He cautions these investments can be risky so investors have to do their due diligence before investing. This is not an investment he recommends for casual investors or novices. Research is required for this investment to be worthwhile and short term losses are fairly common.
Sam also advises making an investment in private business. Entrepreneurship is an excellent opportunity to not only make money but to help people as well. Sam understands this quite well as he invested in THINX. The company manufacturers undergarments for women. They also donate sanitary pads to AFRIpads who in turn gives them to women in Africa who really need them.
Sam places a lot of importance on a portfolio that is well diversified. He says novices often get caught in the excitement of a new stock or investment and forget it will eventually end. He believes the time to begin investing is now so you don’t look back and wish you would have started sooner.
Sam Tabar is a capital strategist and attorney who resides in New York. His career began when he had the position of associate at Skadden, Arps, Slater, Meagher & Flom. He began with the firm once he had graduated from Law School at Columbia. His responsibilities included agreements for investment management, employment issues, client counseling on hedge funds, private placement memoranda and compliance issues.
In 2004 Sam joined the SPARX Group. This was an investment advisors firm and it was not long before he was the Managing Director. He later became the Director for Merrill Lynch before going back to the legal field in 2013. He then worked for Schulte Roth & Zabel in the field of hedge funds, finally leaving the firm in 2014. The knowledge and experience he earned in his career have given him the ability to offer excellent financial advice.