About eight to 10 years ago they got a bad rap, and in my opinion deservedly so. |
It's important to look at the all the fees the general partner is going to be charging over the life of the fund. |
Like anything, ... you got to use some common sense. |
When talking about equipment, it's important to look at what kind of equipment the fund will be buying, ... It may be the kind of equipment with a long life that doesn't become obsolete over time. An airplane, for example, lasts over the long term and has a good resale value, but computer equipment may have a shorter useful term. |
When talking about equipment, it's important to look at what kind of equipment the fund will be buying. It may be the kind of equipment with a long life that doesn't become obsolete over time. An airplane, for example, lasts over the long term and has a good resale value, but computer equipment may have a shorter useful term. |