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Hedge Funds Lose Money For Everyone, Not Just The Rich
FYI: Guess what the hedge fund firms are doing now? Hunting for new, less skeptical customers.
While only those with at least $1 million are allowed to invest in hedge funds, anyone can buy a mutual fund with a hedge fund strategy. Unfortunately, these “alternative” funds come with the same disadvantages hedge funds have: high fees, inconsistent performance and strategies that take a PhD to decipher Regards, Ted http://www.bloomberg.com/news/print/2014-11-24/you-don-t-need-to-be-rich-to-lose-money-in-a-hedge-fund.html
