What are the major benefits of offshore Hedge funds? What are the positives and negatives of hedge funds for a wealthy investor looking to invest in one?

***What are the two general types of fees that are incurred by investors of mutual funds?

Sales loads and fund operating expenses

Find Three Mutual Funds (Stock, Bond, International) Whose Returns over the last 3 years have been better than 7% per annum. How would you weight the investment in each fund in your total portfolio? Why?

Discussion any new pension provisions. Also, why have pension costs been blamed in the Detroit bankruptcy?