How can they do that? Isn't there some fed law??? I am not edumacated on that kinda shit.
How can they do that? Isn't there some fed law???
I am not edumacated on that kinda shit.
It's a private fund, it's at the discretion of the fund provider to allow withdraws, pay dividends, or take new funds.
It's a private fund, it's at the discretion of the fund provider to allow withdraws, pay dividends, or take new funds.
Oh, interesting.....I guess mainstream investors don't partake?
Oh, interesting.....I guess mainstream investors don't partake?
It was, AFAIK, open to both retail and institutional investors. They cite liquidity concerns, which is never good for something that's depending on the price of a fixed asset like real estate.
It was, AFAIK, open to both retail and institutional investors. They cite liquidity concerns, which is never good for something that's depending on the price of a fixed asset like real estate.
Me neither. Probably something in their fine print that lets them pretend it's ok. Also, desperation makes people do desperate things, consequences be damned.
Me neither.
Probably something in their fine print that lets them pretend it's ok.
Also, desperation makes people do desperate things, consequences be damned.