2 ms·
It makes no difference at all to the average person complaining about the accredited investor rules preventing them from investing in sure-fire wins. If it is
by mikestew 6y ago
It makes no difference at all to the average person complaining about the accredited investor rules preventing them from investing in sure-fire wins.
If it is a "sure-fire win", then individuals don't get to participate in those investments, institutions and people with a lot more money than you have get to participate. As an individual of only moderately high worth, you get the shit portrayed in the movie Boiler Room.
Which is why whining about accredited investor rules annoys me: they can change the rules, but that isn't going to make companies want to deal with your small potatoes. They're not knocking on your door now, why would a rule change make any difference? Even if you cross the magic threshold, opportunities will not immediately knock on your door out of the blue. But if you want dents in your door from all the knocking, up your net worth from single-digit millions to double-digit.