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Opening the Door to Unicorns Invites Risk for Average Investors
- Bostonian 7y agoIt does, but individual investors can already buy leveraged ETFs, buy out-of-the money options, and put all of their money in one stock. In futures markets they can take even more risk. State governments encourage people to buy lottery tickets. I don't see investing in start-ups should be tightly controlled, given that people are allowed other things that are just as risky and probably have lower expectancy.
- sharemywin 7y agoThey need a gambling account type similar to a 401k but you can only move 10% of your 401k yearly contribution to the account per year. Then, do what ever with that account by bitcoin, lotto tickets, etc.