“Money Monster” is a film that features Lee Gates, a television show host who chooses hot stocks. In one of the live broadcast of the show, Kyle Budwell, a disgruntled investor, abruptly storms his way onto the set and holds Lee Gates hostage. He informs Lee that he lost everything due to relying on a tip he gave in one of his shows. Gates pleads with Kyle for his life while communicating with his longtime producer who is still in the control room.
The rest of the people keep off in order to protect themselves from being blown up as they attempt to uncover the real facts behind the meshed muddle of lies.
Relevance of the Movie
Money Monster maybe fictional but it reveals some truths about Wall Street and the disadvantages that small investors have to contend with. Wall Street tends to focus a lot on the accredited (wealthy) investors and offers them with the opportunity of investing in a number of opportunities that are restricted to investors who are non-accredited.
According to Crunchbase, Brad Reifler, the Forefront Capital CEO, used to focus on the wealthy investors but shifted his focus towards the Middle America. Brad Reifler has made it his mission to offer 99% of investors with all the opportunities that are accorded to the 1%.
Brad Reifler on the Problems Small Investors Face
Brad Reifler lifted the veil on the three major issues that small investors face. The first problem is fees, which is a major issue on Wall Street as most firms charge exorbitant fees despite the performance of their portfolios. Brokers get rich at the expense of clients. Learn more about Brad Reifler: http://www.barrons.com/articles/the-mystery-stock-thats-up-14-fold-this-year-1482555949
Secondly, small or non-accredited investors have limits to the type of investments they can invest in unlike their accredited counterparts. Thirdly, the investment options available to small investors are interrelated to the stock market.
Brad Reifler’s Forefront Capital
Brad Reifler launched his Forefront Capital with an aim of tackling these issues and giving power to the small investors. He aims to level the field by offering the majority with investment opportunities that are reserved for the wealthy.
Forefront Capital does not charge any management fee and its investments are non-related with the stock market. He believes that the Middle America needs such opportunities in order to save smart for their future.