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The act removes restrictions on advertising of securities. It's specifically designed to get amateur investors to put money into small startup companies. Hence
by garethsprice 14y ago
The act removes restrictions on advertising of securities. It's specifically designed to get amateur investors to put money into small startup companies.
Hence, there will be large amounts of advertising aimed at encouraging the mass population to put money into risky investments that the mass population (seeing Instagram/Facebook/etc) think will make them rich beyond their wildest dreams.
Historically, this does not end well.
- deleted 14y ago[deleted]
- vibrunazo 14y ago> Historically, this does not end well. Could you expand?
- kooshball 14y ago"Dot-com bubble, real-estate flipping, tulip mania"
- Robin_Message 14y agoRefer to the great-grandparent comment.
- scott_w 14y ago"Dot-com bubble, real-estate flipping, tulip mania..." Add the 1930s crash to that.
- pgroves 14y ago...CD ladders, reinvesting dividend portfolios, index investing, life insurance, health insurance... advertising securities to the general population isn't guaranteed disaster.