For example, if you pay a one percent fee to your account manager, a one percent expense ratio on the mutual funds they have chosen, and then you average a half - percent fee on trades, you're paying a total of 2.5 percent for
the privilege of investing your money.
Not exact matches
Being an accredited investor would give you the
privilege to
invest in high risk investments like hedge funds, seed
money, private placements, angel investment networks and limited partnership;
of course this form investment comes with high rate
of return on investment (ROI).
Icahn had spent the 2000s making hundreds
of millions
of dollars the new - fashioned way: Creating a hedge fund structure, so that he could
invest his own
money alongside people willing to give him 2.5 %
of their investment, plus 25 %
of their profits, for the
privilege.
If
invested, another bank will pay 2 % interest on the
money for
privilege of holding it.