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A comment on How to proceed when you run out of cash, but you still believe?. Parent comment

Re:How to proceed when you run out of cash, but you still be... by nikanj on Wednesday December 04, 2019 @03:56PM (#21706854)
Funds make money on failed investments too. I'd be happy to throw away someone else's money, if I got to keep 20% as a management fee - and a slice of the profits in case one of my lottery tickets is a winner.
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Re:How to proceed when you run out of cash, but you still be... by shagbag on Wednesday December 04, 2019 @07:00PM (#21708502)
Typically they'd get 2% of assets under management, not 20%.
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Re:How to proceed when you run out of cash, but you still be... by zhoujianfu on Wednesday December 04, 2019 @09:01PM (#21709313)
2% a year for 10 years..
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Re:How to proceed when you run out of cash, but you still be... by gnaritas on Wednesday December 04, 2019 @10:33PM (#21709744)
Which is about 18% of the original investment, not 20, assuming no gains or losses.
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