Mutual funds shut down because of poor performance as much as Hedge funds.
Why put shackles on your money managers if they are so good. How is being able take advantage of market conditions like being all cash more risk than a mutual or bond fund. I use to use Ivy funds and a high wealth manager with a large investment firm, no cheaper than a hedge fund. Just because a fund says the fees are 1% does not mean they do not have added expense they charge to the fund.....
I have not had a loan since 1984 which was $1K and paid cash for the 4 residences I have owned. I hate debt seen it destroy to many wiser than me people in the past.
Why put shackles on your money managers if they are so good. How is being able take advantage of market conditions like being all cash more risk than a mutual or bond fund. I use to use Ivy funds and a high wealth manager with a large investment firm, no cheaper than a hedge fund. Just because a fund says the fees are 1% does not mean they do not have added expense they charge to the fund.....
I have not had a loan since 1984 which was $1K and paid cash for the 4 residences I have owned. I hate debt seen it destroy to many wiser than me people in the past.