With the holiday season, lots of Americans are starting to think about New Year’s Resolutions they want to make. While the old standard and traditional resolutions like losing some unwanted weight or breaking a bad habit like smoking–are still very popular, many are now using the New Year as a time of rededicating themselves to retirement investing.
But how does one go about saving for their impeding retirement? According to a press release initially reported on PRNewswire, Sam Tabar has come up with a couple of ideas that may prove helpful.
Tabar is an attorney educated at Columbia Law School and Oxford University. He is also a capital strategist who has previously served as Bank of America Merrill Lynch’s Director and Head of Capital Strategy for the Asia-Pacific.
Additionally, Tabar has counseled clients on legal aspects associated with hedge funds and investments at major law firms in New York City: Arps, Meagher & Flom, Skadden, Slater, and Schulte Roth & Zabel. To put it very plainly, Sam Tabar knows much about saving, making money, and investing.
Tabar Introduces New Ways of Investing
Sam Tabar knows well that a hot topic today is commodity investment. He, however, cautions that the potential investor must be aware of the pitfalls associated with such investments prior to trading commodities. Investments in commodities require more research before you investment compared to your standard mutual investment. This is because they can get quite volatile and their prices tend to fluctuate wildly.
According to Tabar, one safe way of generating capital is through investing in any of the several socially conscious startups popping up daily. Sam Tabar himself made investments in THINX. This socially conscious business enterprise is involved in the manufacture offashionable “period panties” designed to be worn by women during their menses. For each pair of panties sold, 7 cloth sanitary pads get donated via AFRIpads towards women in African countries as a way of empowerment.
Sam Tabar insists that no matter the investment vehicle you decide to pick, the most important investment strategy is making the first move