Brad Reifler started out in 1982 with a company that focused on engaging with execution of global derivatives. He was so successful with this company that he sold it to Refco 18 years later. Soon he would venture into guiding his next employer, Pali Capital, as their CEO and making over 200 million dollars in profits every year. Now in his latest stage he is the CEO for Forefront Capital Management where he helps to pair up highly established assets managers with investors for expert advice on investment and consultancy of an expert level.
Brad Reifler also cares about the future of this country and has some advice for the youth entering the workforce. Currently, most young workers treat themselves not as a company, but as some kind of investment portfolio that can survive without adequate management of their finances. They don’t look at their future plans, they don’t handle credit cards well, and they don’t look at their pay stubs to see how much they are really making. If they started to look at their financial situation as more a company would look at its own bookings they would find a path to sound fiscal success.
They should avoid the temptations of a credit card and really focus on building up credit via paying their rent on time, or seeking out small loans and paying them back on time. The youth of today should gain a keen eye on a solid bargain. A lot of times if a service or product is cheap, the quality will match. If a person is focused, and learns from their trail and errors, they will also gain the keen awareness of when a discount is a great bargain.
Finally the focus of a big name college is great when talking with friends and family but really the employers who will issuing the paycheck won’t be focused on that expensive, high ranking name of a college. They will be focused on your skillset, and your experience in the field.
If the new wave of workers follow Brad Reifler’s advice and run their lives like a business, plan ahead, build credit and avoid paying more for less, they will end up with a strong retirement account.