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In all fairness, venture investing is incredibly risky. One should not be doing it unless they are investing no more than 5-10% of their net worth. Someone wh
by vasilipupkin 13y ago
In all fairness, venture investing is incredibly risky. One should not be doing it unless they are investing no more than 5-10% of their net worth. Someone who is making < 200K a year, would end up investing much more than that and it's probably not a good idea
- Ecio78 13y agoI don't agree. According to their site[1] they advertise a low minimum 2.5-5K, so you don't need to make 200K a year (or have 1M net worth) to invest 10% or even 5%. You just need to have 100K available for investment and, in your diversification, put 5% on this. I know it's the law in the US, but I don't get it. Yes, it could be incredible risky as you said, but nobody is stopping you (at least here in UE) from buying a leverage certificate that is incredible risky as well (I've seen 7X, 15, even 21X Long and Short on the German or Italian stock market, for example). You just express that "you know what you're doing" and you're good to go. Or you can go to your bank, get 10K in cash and go to the nearest casino... [1] https://fundersclub.com/how-it-works/ https://fundersclub.com/how-it-works/