====== Customer Contract ====== * On deposit, you are purchasing a percentage of the pot * for example: the pot is $40k and you put in $40k * that brings the pot to $80k * you own 50% of the pot * which translates into 50% of the profits * But cost of doing business is 20% * for things like: * electricity * computers * and managing the system * 20% of the example above would be $8k * But this 20% will only be taken on profits. Not loss * Withdrawal and deposit: * There are fees associated with deposit * There are fees associated with withdrawal * Customer pays those fees from the money that they are depositing or withdrawing * also, it takes time to move money. days or weeks. * Taxes * These taxes apply to the hedge fund, you have to pay taxes on any money you take out * The hedge fund has to pay taxes and they are taken from the pot of money * taxes apply equally so they apply to the pot * Please understand that there is always risks with investments * [[https://www.investor.gov/introduction-investing/investing-basics/what-risk]]