I need serious answers. make up your own assumptions for the case. thanks.
2006-08-10 12:58:54 · 3 answers · asked by Terry L 2 in Business & Finance ➔ Investing
invite other investors and pool the funds. then fire away on the equities and other exotic investment products.
2006-08-10 15:00:02 · answer #1 · answered by J 4 · 0⤊ 0⤋
If you intend the investment company to hold only your own assets, then your lawyer can set up a company for you. But you should think through the implications of a corporate structure, as opposed to other structures, because of tax impact, planning issues, and because of the costs of maintaining the corporate structure, i.e., separate accounting and separate tax returns, and corporate franchise fees.
If you intend the company to raise investment funds from other people then you MUST get legal advice from a specialist, as the fund-raising activities are governed by SEC rules, and state securities laws (in the US), and are those rules are quite complicated, and the penalties for violation of the rules are severe.
2006-08-11 10:11:26 · answer #2 · answered by Michael K 6 · 1⤊ 0⤋
Financial Plan Your Way To Success
By: Jeff Lakie
This site has a weath of information to help you.
Good luck!
2006-08-10 20:23:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋