When it comes to making money in the world of investments it almost always seems like you already need to have cash to make a bunch more. This makes it seem like there is just a money churn at the top of the pyramid between the 1% investors as everyone else gets thrown to the wolves or left behind. Brad Reifler, CEO of Forefront Management Group, has seen first hand how the current investment model can do damage to people who could otherwise make a difference with their investments. As a result the CEO has made some decisions in order to try and help them out.
Accredited investors rule the world of investments. The definition for accredited investors comes straight from the Security Exchange Commissions (SEC). The SEC calls an accredited investor someone who meets the following two definitions: 1) an individual with a net worth, with a spouse or alone, of at least $1 million or 2) a person with an annual income of $200,000 either alone or with a spouse, exceeding $300,000 total. As a result of this definition, which IS routinely assessed by the SEC, many otherwise solid investors are not allowed to get in on the game. Accredited investors are given priority and many more perks while trying to move their money around.
Reifler was also given a taste first hand of what it is like to be left behind by the bigger market. When his father-in-law asked Brad to invest his life savings, Reifler ended up hitting many closed doors: his father was not an accredited investor. As a result he couldn’t optimize his own family’s investment and was thus given a first hand feeling for the struggles that the middle and lower income classes face. Rather than sit idly by, Reifler instead insisted on making a change by using his own company for progress.
Forefront Income Trust was established as a response to the lack of available options for the ‘99%’ of investors that are left behind by the SEC. The trust is a public fund whose only threshold is set at a paltry $2,500 beginning investment. Investors can rest assured knowing that the Trust is not tied to the stock market and is instead a slow growing, nuanced fund that promises a slow but steady increase. For those that can meet the low threshold, Forefront Income Trust could be a game changer.