Goldman Sachs Looks Like a Hedge Fund

There are good reasons why the average person should not invest in the hedge fund that Goldman Sachs is writing for the ordinary person.  Part of the problem is that the Federal Reserve pumps money into the markets to prop them up.  The stock market is basically a rigged gambling machine that only the richest people can afford to play, and these include the following:

--High speed traders who can exploit regulatory loopholes;
--Inside traders that get information ahead of everyone else;
--Banking executives that see no problem with acting unethically when laws don't mandate good behavior;
--Those who hype IPOs.

From whom do the hedge funds make their money?--from large pension and savings funds that buy into the stock market scheme, of course!

Sure, Go Ahead and Invest in Goldman Sachs'[s] Hedge Fund for Average Joes (Just Don't Expect to Make Money)
By Gary Belsky - Time
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But first, let us stipulate that investing in this and most other hedge funds as they operate today is a really dumb idea — not just for regular Joes but for pretty much everybody else too. Why? Because hedge funds, which were once a way for the very rich to cushion their fortunes against falling assets prices (thus the word hedge), have essentially become a way for their owner-operators to make tons of money from management fees and profit sharing while their investors get soaked trying to outperform the investing masses. (This development would get the hashtags #RichWorldProblem and #WhoReallyCares were it not for the fact that a lot of pension funds and college endowments are hedge-fund clients. But that’s for another column.)

Three things, in particular, contribute to this reality:

Read the other reasons here