What are Sam Tabar’s investment tips for 2017? Are people willing to make financial solutions for this year? Apparently so. Tabar, who hails from Columbia Law School, and is a well-known attorney and strategist, says that for those looking to increase their net worth, they need to properly plan for retirement. But the investment world can also overwhelm these newcomers.
But Tabar comes off as cautionary. For people who want to get their portfolios filled out, commodity trading investing is not as safe as mutual funds and more traditional bets. For the new person to investing, he does not recommend commodity trading, referring to it as a volatile sector.
Private business, says Tabar, is another alternative to investing in more traditional stock markets. What’s on the rise? Social Entrepreneurship. A good opportunity, to Tabar, is investing in social startups. It was noted that Tabar recently invested in his own manufacturer, called THINX. It manufactures socially conscious women’s undergarments.
But what is most important for an investor? A properly diverse portfolio.
Tabor recommends this because newcomers can get caught up in new and exciting investments but all good things come to an end. Make sure to not have all your eggs in one basket is what he is saying to newbies. Newby investors want to be available when a hot stock blows in.
Tabor has one piece of advice on investing though that stands out from the rest: The ‘present’ is the best time to start investing. Don’t look back one day and think ‘you wish you had!’
Tabor is currently working out of New York City as a prominent attorney and capital strategist.After graduating from Columbia Law School, Tabar worked as an Associate at Skadden, Arps, Slater, Meagher & Flom LLP. While he was with that firm, he began more closely counseling clients on how to form a successful hedge fund as well as issue with employment, investment management agreements, private placement memoranda, regulatory and compliance issues and side letters.
Tabor later joined SPARK Group Co/PMA Investment Advisors, Bank of America, Merrill Lynch and Schulte Roth & Zabel LLP before leaving that firm in 2014.