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Old 04-23-2007, 06:20 AM
snowbank snowbank is offline
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Join Date: Apr 2004
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Default Re: Really Rich Guys - Top 10 Traders

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How much does it take to invest with a trader? Is it available to the public? You don't hear of many people doing this. I don't know a lot about this, could someone elaborate. Do you have to be an accredited investor to invest with them or something?

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I'm not sure what to say. You can invest in any securities you want, and seek advice out on that. Traders often run hedge funds and the like, a lot are closed because they can only find X amount of good trades with their strategy, so more money doesn't really help them. Some are always looking for money.

There's no 'accreditation' persay, but there are requirements for setting up your own fund. Anyone can give investment advice though.

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Wouldn't it make sense to pay extra fees to guys making 20%+ on your money, instead of getting 8% and paying little to no fees?

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