Many of you may have read my 24 Goals in 240 Days post detailing my desire to build my Hedge Fund's account value. Wait, Hedge Fund? That's right. One of my career objectives is managing my own alternative investment firm so I thought now would be the time to go ahead and make that career dream a reality... well sort of.
My friend and I have recently filled out paperwork to open a new account with our brokerage firm. This account will be the temporary location of the new fund. I figured opening up the account now would allow the fund to establish a record of performance so we will be able to use that as a pitch when we actively seek investors. The fund will utilize the same investment vehicles as any typical hedge fund like the ability to short securities and utilize derivatives and other forms of leverage for enhanced returns. While the brokerage is finalizing the account set-up, my friend and I are working on detailing the specifics of the fund including the overall strategy and asset allocation, risk profile, goals and objectives, promotion and investor commitments.
I will keep readers updated on the progress of the fund, but for now I will simply share the layout of the webpage I plan to maintain in order to facilitate interest in the fund.
My friend and I have recently filled out paperwork to open a new account with our brokerage firm. This account will be the temporary location of the new fund. I figured opening up the account now would allow the fund to establish a record of performance so we will be able to use that as a pitch when we actively seek investors. The fund will utilize the same investment vehicles as any typical hedge fund like the ability to short securities and utilize derivatives and other forms of leverage for enhanced returns. While the brokerage is finalizing the account set-up, my friend and I are working on detailing the specifics of the fund including the overall strategy and asset allocation, risk profile, goals and objectives, promotion and investor commitments.
I will keep readers updated on the progress of the fund, but for now I will simply share the layout of the webpage I plan to maintain in order to facilitate interest in the fund.
3 comments:
It's been my belief that you can do anything if you put your mind to it.
Thanks Steve, did you get a chance to look at the start of the webpage?
Yeah, I did......I like it man. I am still working on mine, which is the site I linked this comment too. It's early, but the potential is there.
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