Sam Tabar Shares His Financial Expertise With Novice Investors
When Sam Tabar talks finance, people listen. The New York City attorney and capital strategist has some advice for anyone hoping to expand their investment portfolio.
Commodity trading is an investment strategy that involves buying and selling goods that are classified as commodities. Wheat and sugar are considered soft commodities, while gold and oil are hard commodities. Sam Tabar advises the casual investor to avoid the commodity market. Commodity markets are highly unstable, and short-term losses happen often. Instead, do a bit of research, and start investing in mutual funds or the stock market.
Consider investing in small businesses. Investing in startups not only gives you a chance to make some serious profits but also gives you the ability to help entrepreneurs succeed. Sam Tabar is a major investor in THINX, a now successful company that is redefining feminine hygiene products.
According to Sam Tabar, the best time to start is investing is today. When thinking about long-term investments for your retirement, it’s important to remember that nothing in the world of finance is guaranteed. Instead of investing all of your capital in a sure thing, keep a diversified portfolio. Mutual Funds automatically invest your money into a variety of stocks, bonds, or other securities making them a great starting point for novice investors.
Upon graduating from Oxford University and Columbia Law School, Sam Tabar started his career at one of the world’s most prestigious law firms Skadden, Arps, Slater, Meagher & Flom LLP. He was tasked with counseling clients on hedge fund formation, employment and compliance issues, and investment management.
After several years at the firm, Sam Tabar put his budding legal career on hold to take financial world by storm. Tabar joined Sparx group/PMA Investment managers where he was quickly promoted to Managing Director & Co-Head of Business Development. He was responsible for a $2 billion hedge fund.
Eventually, Tabar, being trilingual, became the Head of Capital Strategy for the Asia-Pacific region for Bank of America.