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There are a number of types of investment for which you need to be qualified. VC funds generally require a minimum net worth before you can invest. And the rati
by ternaryoperator 6y ago
There are a number of types of investment for which you need to be qualified. VC funds generally require a minimum net worth before you can invest. And the rationale is the same: they are both investments in which it's possible to lose a lot of money before you make any. Discouraging people who would be greatly affected by several losses in a row has some merit.
- cactus2093 6y agoThe accredited investor rule is the very worst example of this. It has no merit at all, it’s just gatekeeping for the sake of it.
- _nalply 6y agoSomeone with low funds might be qualified to understand investment. They just don't have the means.