Giving is an investment

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Many people believe that money is the root of all evil because it tests the limits of humanity. However, money is just a tool, and in the right hands, it can be a source of hope—an investment to a better future.

This thought might be what runs in the minds of those who have given away a significant portion of their hard-earned money to different causes, from saving rainforests to fighting drug abuse. These people view money as more than just a means for them to enjoy the good life. To them, it is a tool for making a difference by investing on relevant causes and leaving a legacy of hope for the betterment of their fellow men.

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Many people believe that the rich only give so that people will remember them. And while it is true that some give to charities or do volunteer work so they could be noticed, many have shunned the spotlight, preferring to remain unnoticed. Chuck Feeney, an Italian-American billionaire, is one such person. He spent the last 30 years giving away over $7 billion that he amassed from selling liquor, perfumes, and cigarettes in his empire of duty-free shops. His donations are aimed to support different causes in education, science, health care, aging, and civil rights in many countries around the world.

Mr. Feeney is a shining example than many young philanthropists should aspire to become. Giving should not only be seen as charity but also as an investment toward a bright future for all of humanity.

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Alex von Furstenberg is a member of the board of directors of the Diller-von Furstenberg Family Foundation, an organization that aims to positively impact the world by improving people’s lives and strengthening communities. You can visit this website to learn more.

Is everything you need to know about investing right?

Whatever you want to invest in—whether on stocks, mutual funds, annuity, or an IRA account—never plunge into it without having all essential questions answered. The government reminds every investor that every investment draws some risks at some degree. No matter how seasoned you are as an investor, there are ‘fine prints’ to consider when making a wise investment decision. For all you know, the things you might have picked up in the past may lead you to financial catastrophe today.

With this in mind, Forbes presents three rules that investors—even high-profile ones like Alex von Furstenberg and Jeremy Stoppelman—can benefit from.

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Rule # 1
Familiarize yourself with dollar-cost averaging. It emphasizes on the importance of periodic allocation of a certain amount of money into stock investments rather than investing it all at once, which has a lot of risks.

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Rule # 2
As you come close to retirement age, take it easy on aggressive investing. Moderation is the key as you would want to protect your assets.

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Rule # 3
Know that choosing a high-performing mutual fund in implementing your asset allocation makes sense since top raters tend to stay in control of the things they do best.

Don’t just take this advice as it is. Seek more answers from various resources. Understand that at the end of the day, the important things are those that make you comfortable and those that work best for you.

Alex von Furstenberg is the chief investment officer and founder of Ranger Global Advisors, a family office focused on opportunistic value-based investing. Learn more about investing by logging on to this Facebook page.

Profiling the aggressive investor

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Aggressive investors comprise a minority in the investor market, yet they rake in probably more than the combined yields of all conservative investors. If taking on such investing personality is so profitable, then why aren’t all investors aggressive?

Apparently, being aggressive has its boons and banes, and it depends on the investors’ personality if they have what it takes to face the challenges posed by this investment strategy. So before deciding to go hardline in taking the stock market plunge, prospective investors may want to learn about the multi-dimensional aspect of being an aggressive investor.

Investment goals

Aggressive investors tend to expect lucrative returns from their investments, especially in the short term. They are not that concerned about asset protection as much as taking profits.

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Risk tolerance

Aggressive investors take risks as they come. They don’t really mind if the assets they spend capital on hold the possibility of crashing, as long as they promise large returns. This may be influenced by many factors, including the investor’s young age and an intense desire to accumulate wealth. The former is greatly determinant, as risk tolerance usually declines with age.

Ability to cope with uncertainty

Quite ironically, it’s the aggressive investors who are very “Zen” when it comes to investing. As they are very well aware of the market’s volatility, they don’t really panic when the markets crash. In fact, they view market crashes as an opportunity to leverage the “buy low, sell high” tactic, thus ensuring great rewards in the long run.

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Many would consider businessman-turned-philanthropist Alex von Furstenberg as an aggressive investor, especially when considering his investments geared toward society’s progress. Learn more about his philanthropic endeavors by visiting his website.