When the Fortress Investment Group decided to expand their reach and establish a credit division, they knew they had to bring in one man by the name of Peter Briger. His credentials spoke for themselves having worked for Goldman Sachs for the last fifteen years they were sure he had what it took to lead the department to greater heights. He had held various roles at Goldman Sachs, which included the Co-Head of Asian Distressed Debt business which had granted him a firsthand experience on how to deal with huge investments that went wrong given the size of capital Goldman Sachs injects into its investments and the impact these distressed debts had on the overall performance of the bank. This position would even Peter Briger an advisory role at the International Finance Corporation advising on the same. He had achieved quite the feat and made partner at the bank by 1996 less than ten years after he joined them. The Fortress Investment Group has however been one of the best places Peter Briger has worked in. He has been able to grow professionally while at the same time finding time to work on causes that he holds close to his heart. This was one of the reasons he was able to jump on the bandwagon when Princeton requested him to help establish the Princeton Entrepreneurs Alumni fund. This would be fund dedicated to budding entrepreneurs from the university which would help them launch their products into the market and hopefully create opportunities for many more. Peter Briger stills holds onto the lessons he learned at Princeton, and this is one of the reasons he still associates with them closely. He, in fact, helped fund the initial round of the Princeton Entrepreneurs Alumni fund. He has continued to offer his time and financial resources to this cause and believes it will only grow bigger. At Fortress he has been able to grow his department into one capable of making billion-dollar investments. This has held his division add to the bottom line of the group’s portfolio despite it being considerably younger than the other divisions. Meet Pete Briger: A Titan in the Investment and Finance World
There are many Forex trading platforms available to customers and AvaTrade is one of them. This review will let you know why AvaTrade is the best Forex trading platform around.
AvaTrade has over a decade of experience catering to a global customer base. It currently provides services to over 200,000 clients, caters to dozens of nations and handles over 2 million trades a month, which is over $60 billion in trading volume.
There are many reasons why you should choose AvaTradeAvaTrade for example, it is internationally regulated by several regulatory bodies (mentioned below), which make it extremely appealing to worried customers. It’s deposit bonuses are the best in the market with clients getting anywhere between $35 and $14000 in bonuses, which are instantly deposited as real money, with verified accounts. Also, there are no commission fees as AvaTrade only earns money on the trade spreads. This substantially decreases costs for clients and increases their earnings.
Another reason AvaTrade is so popular is the ability to make deposits in many currencies and payment methods such as, PayPal and even Credit cards. The AvaTrade review platform is also exceptionally optimized to work flawlessly on any device or operating system. Finally, AvaTrade’s customer service is unparalleled as it caters to a global clientele; it offers services and resources in multiple languages 24 hours a day.
AvaTrade is one of the largest and most reputable Forex and CFD trading companies in the world. It currently has offices in New York, Dublin, Sydney, Milan, Tokyo, Shanghai and many other locations. Founded in 2006 by Emmanual Kronitz, Negev Nosatzki and Clal Finances AvaTrade, then Ava FX, changed its name to AvaTrade due to its expansion into other financial services including equities, government bonds and commodities.
AvaTrade’s largest customers are located in Europe, the Middle East and Asia. Those who trade in the Forex market look carefully at the accreditation and security of their trading platform that is why AvaTrade clearly displays these on their website. The Forex Company’s main headquarters is in Dublin, Ireland where it is currently licensed by MiFID in the EU, regulated by the ASIC in Australia, the Financial services Commission in Japan, and B.V.I financial services Commission in the British Virgin Isles.
The Oxford Club newsletter has warned the reverse mortgage scam. This is a scam that targets seniors in the society. The scam is a lethal one as it is being orchestrated by professionals who are expected to be the ones offering services to these senior members of the society. These professional have been taking advantage of the seniors who are in need of funds. In the history of elderly people scamming, the key architects of such plans are the close family members, personal lawyers, caregivers, and doctors. However, there is another group of people who have joined this league. These are the financial experts. Financial planners, contractors, and realtors are the new entrants to this list of shame.
What is reverse mortgage? This is a scheme where a homeowner sells their homes and in return, they are to be given a certain amount of money at a certain age (retirement). This is a move that is undertaken as a way or securing the retirement age financial needs. The scammers have been using an approach where they take advantage of the old people by promising that they would make repairs to their homes of which they do not. They then wait until these elderly people die when they resurface claiming that they would like their repairs dues paid. The money that is meant for the reverse mortgage is passed to the contractor once the homeowner applies for the reverse mortgage. Elderly homeowners need to be protected from these contractors who have been deceiving them so that they could end up with their home equity.
About the Oxford Club
This is a network of private investors whose aim is to help each other grow and protect their wealth. Oxford Club wishes to help its members establish a long-lasting wealth. Oxford Club offers financial advice to people as they head into the retirement age to avoid such misfortunes such as the reverse mortgage scam from happening to them.
The American investor, Brad Reifler, recently provided his critique of the film; The Money Monster. Brad’s review sought to enlighten his fellow investors about the accuracy of the blockbuster movie with real life. He started off the interview by remarking about the importance of understanding the risks in the investment world. The road to success is dotted with pitfalls which could ruin your aspirations. To him, you’ll get nowhere without first understanding the investing principals.
Tips for New Investors
Brad has dealt with the one percent and with the 99% of the investing population. Therefore, he’s best suited to understand the intricacies surrounding the entire investment realm. www.reuters.com recently published an article by the guru.
Here are three interesting caveats brought out in the Reuters article: –
- Never place all your money on stock investments alone. Try and spread the risks with a diversified portfolio
- Before hiring any fund manager, take your time to know them first.
- Never invest in a niche you don’t properly understand.
On one occasion, the proud father of two started a 529 college savings plan. Years later, as his daughters were just about to join the University, he received the shock of his life upon learning that the amount in the savings plan was less than what it started out having. That ordeal, and a few others, finally led Brad to the realization that the markets were remarkably hostile to middle-class Americans. To that effect, Mr. Reifler embarked on a lifelong quest to empower these cadres of individuals from such experiences.
About Brad Reifler
Reifler is an Economics and Political Sciences alumnus of the Bowdoin College. He founded his first company, Reifler Trading Corporation in 1982. The entity, specializing in global derivatives, would eventually get acquired by Refco. Afterward, Brad went ahead to start other successful companies, for instance, Pali Capital (1995) and Forefront Capital.
While serving as the CEO of Forefront, the company recorded a total of one billion dollars in commission income from their clients. Mr. Reifler currently sits on the advisory boards of several financial institutions. These include the European American Investment Bank, Wins Finance Holdings Inc., and Sino Mercury Acquisition Corp.