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It seems to me that a million bucks wouldn't really enough to be wise, either. I mean, even if you had a 10% chance of getting 50:1 upside (and a 90% chance of
by tunesmith 7y ago
It seems to me that a million bucks wouldn't really enough to be wise, either. I mean, even if you had a 10% chance of getting 50:1 upside (and a 90% chance of losing everything)... you'd still have to bet 29 times to have a 95% chance of getting your upside. I mean, can you be an angel investor by investing as low as $5,000?
(Not sure if 10% and 50:1 is anywhere close to what angel investors shoot for.)
- gowld 7y ago> can you be an angel investor by investing as low as $5,000 Yes. Not so much on your own, but as part of a friends&family pool of investments.