How to invest and be safe?

A friend of mine is coming into about a hundredthousand dollars in May, he wants to make his own investment company. Being the President and C.E.O. make his own corporation that way if he gets sued for anything, they can't touch that maoney. I need the cost of such a transaction.

I think your friend will need to take professional advice.

Investing money and establishing a business corporation are two entirely different things.

sparkle_47 is right. You need professional guidance.

If you are looking to establish a business, contact your local Small Business Association - they help people write business plans.

If you are looking for ways to invest your money in existing businesses, then you need to speak to a financial adviser or financial planner. Many of these people give free seminars, which they hope will turn attendees into customers. Attend the seminars presented by three or four of these people, so you understand how they make their money.

Have your friend file a a Sub Chapter S corporation papers. He can be the only investor in the company but he must write down the meetings minutes and have them filed away for the future>

Don't count on the money being safe. As long as he owns the company it might be subject to being sold to pay for any judgement against the owner.

You are confused.

Investment Companies are very Complex and the just the Fees are going to be over $100,000.00

Investment Companies are regulated by the SEC and the employees need Licenses and you need to hire very sophisticated and expensive lawyers just to meet all the requirements.

Investment Companies are started when you have millions not when you have amounts as small as $100,000.00

A Mexican Friend of Mine has a Taquer铆a (A restaurant that sell only Tacos) in Miami and it was started with $100,000.00

If you friend wants to be the President and CEO you need to start a CORPORATION which is something completely diferent than an Investment Company.

By the way, Corporations CAN BE SUED. And if his Corporation loses the Case HE WILL HAVE TO PAY.

You are misinformed. Corporations have to follow the rules too.

The latest example is Merck (One of the biggest pharmaceutical corporations in the World) just lost a lawsuit and now has to pay $9 Million to a customer that used Vioxx and died of a Heart Attack.

Here is the link:
http://biz.yahoo.com/ap/060412/vioxx_tri...

For an investment as small as $100,000.00 you don麓t need to start your own Corporation.

I suggest you to open a brokerage account at ameritrade.com and hire a Financial Advisor or a Portfolio Manager (If you can afford it)