How Africa News
Via her newly formed hedge fund, Business Bullish Investments, serial entrepreneur Marlo Richardson hopes to teach and assist anyone interested in learning how to invest in or purchase businesses and real estate.
The investment, which was launched on February 1st by her parent business, Business Bullish, allows a major organization and an individual to participate in projects, particularly real estate development, in a limited partnership. In exchange, the investors will own all of their investments. Richardson was inspired to establish the fund by her significant experience as an entrepreneur and real estate investor.
“Being involved in businesses and real estate ventures, I’ve had people ask me to mentor them or to show them how they can invest. I’ve also had people tell me that they can’t afford it,” she says. “I want to make it affordable. Lack of knowledge and access is the reason the wealth gap is so large between those that have and those that don’t. One way that investing becomes affordable is by pooling money together.”
The investment fund targets individuals who, according to Richardson, do not necessarily qualify as accredited investors because they do not have a net worth of more than $1 million, excluding the primary residence (individually or jointly with spouse or partner); or income of more than $200,000 (individually) or $300,000 (jointly) (with spouse or partner).
Investing possibilities are currently available in Los Angeles County through Business Bullish Investments.
“My hope is that everybody that partners with us learns how to invest and makes enough money so that at any point in time they want to branch off and create their own investment opportunities for themselves or create generational wealth for their families- that they have both the knowledge and money and experience to do so,” she says.
