Brendan Prewitt
 |
Well, if you are going to deal with other people's money, or give them advice, you are going to need to be a registered adviser. You could consider starting a hedge fund, as pretty much anyone can do it, but the start-up costs are $10,000 or so, due to attorney fees. The industry is highly regulated and you need to be careful as to what you do, how you advertise, and who you recruit, or you can be banned from the securities industry for life, aside from other complications. If this may be of interest, contact me at nycigllc@yahoo.com and I can provide you with some links to some hedge fund information. Obviously you are interested in starting some sort of fund, and given this, a hedge fund would be the way to go, as the only other one you would be able to start is an investment club, but you would not make any money from that. Given your method, a mutual fund is out of the question, as that is more of a hedge fund style, plus mutual fund costs are high. Aside from this, you could start a research firm to advise hedge funds or the like. Otherwise, stick to trading your own money, as there is no liability related to it, and if you are as extraordinary as you say, it won't take long for your portfolio to grow to a nice sum. I mean, after all, a $10,000 investment at 40% annual return would be nearly $8.4 million in 20 years, and at 50% it would turn into over $33 million. Just some thoughts, I hope they helped.
Best of luck!
Brendan Prewitt |
Edgar Ng
|
by the time you asked this question and the way you put it
i knew you were never extraordinary.
thanks and bye.
if u are so good and by 15 years to attain that talent, opportunity would have already opened for you.
goodluck and stop wasting your time.
maybe ill advice you, loan 200 each from your friend and say youll pay back 250 in 2 weeks since u are so good.
10 friends = 2000
20 friends = 4000
if 20 friends = 4000, then 50x20= 1000.
ull need to make 1000 with 4000 capital in 2 weeks that wont be hard for you right, as a trader .
^.^ bye |
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