yes, especially if you are paying high commissions to a mainstream broker like merril lynch, who somehow advises to make a change in your portfolio near the end of a pay period for the broker. to quote myself:"years ago there was a book about the brokerage industry with the title where are the...
individual invest in hedge funds to show others they have made it to the upper strata. years ago a hedge fund which had walter Wriston(well know CEO of CITIBANK) as an investor went belly up. it came to light later that famous people without doing any due diligence, whatsoever invested in the fund
the hedge fund industry is based upon a mirage that they can outperform the general market. it has never been proven that they can outperform a buy and hold strategy.
years ago there was a book about the brokerage industry with the title where are the customers yachts. the same scenario exists for the hedge fund industry.
it doesn't mean they are not socialists. recall what nazi stood for The National Socialist German Workers' Party (Nationalsozialistische Deutsche Arbeiterpartei, abbreviated NSDAP) known as the nazi party.
Hiltler didn't succeed in burning Paris down. Perhaps the French socialists and muslim immigrants will succeed.
https://www.dailymail.co.uk/news/article-6451503/France-considers-imposing-state-emergency-end-civil-unrest.html
if you commit fraud against a US company your foreign residence or your foreign citizenship does not give you a free ride. extradition treaties will result in you being handed over to US authorities,
;)
the only worthy part of your remark was the use of the phrase side hustle. did you mean e.g. trade in the morning and make loot. then make some married woman happy in the afternoon before her husband comes home?;);)