Starting a hedge fund from mom and pop money when you don't even know how to invest or what to do with it is dangerous. I think the best you should do is create a fund of funds and invest in good performing funds with the money. Trust the professionals.

I can't speak to the organization you should create from a legal perspective; however, I would caution you in spreading yourself over too many asset classes. Consult an attorney that specializes in these matters to limit your liabilities and minimize the start-up cost and the requirements to maintain the entity.

Lastly, focus on a single asset class until you have a track record of success before moving on to the next one. Good Luck!

So I have about 50,000$ from family and friends to start up my investment company I am not sure what to start. Either a Hedge fund or a private equity fund or just start a investment club. So here is my plan start trading stocks to make money then invest into real estate and then start up a hookah bar, and also be a service company. So I have a couple options I have thought up.

1. Start a investment Club but I am not sure if an investment club needs an LLC or if they can operate just like a business or if they are limited to the stock market.

2. Start an LLC and invest the Companies funds which are everyones investment trouble is I am not sure how to give everyone thier returns

3. hedge fund I know it is a very expensive start up and not real sure about the details

4. Private equity fund which is basically a hedge fund

I have about 30 investors and I won't probably invest in anything but the market for the first 6 months to a year. Please help me decide which route to go thank you for your time!!