Starting Fund with Buddies
Some friends and I are wanting to start a investment fund where we all throw in around 2k and every year dump some more money in and dabble with some investing. Typical stock picking, crypto, and bonds. Hopefully down the line when we have more money we can invest in some different asset types. More of a fun thing to do since we all work in some sort of sector of finance and want to stay in touch and thought this would be a fun way to do it. That being said how would you go about this? We now have an LLC and I'm wondering if we can open a brokerage under an LLC. Does anyone have experience doing this, and if so what did you do? Just trying to get as much advice on this before we start wiring money over to a bank account. Want to do it a clean and organized as possible so when tax season comes around were not absolutely clueless lol. Cheers
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