July 19, 2020
I am an accredited investor now. However the rule should be changed since I could go to Las Vegas and blow ALL of my net worth, why shouldn't I be able to invest in a start up company. This does not make sense.
Let adults be responsible for their money, and don't over protect them from themselves.
IF anything, there should just be an online test one could take, to ensure they understand they could lose all their money.
Every time I do make an investment, I am warned many times that I may lose all of my money.