Muh Free Market - Accredited Investor

Every American, regardless of income or wealth, should have access to the same investment opportunities. The idea that how much money someone has or makes determines what investments are allowed is offensive. The market is not a country club, and access should be open to all.

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tru.

No, no, goyim, we must protect you from your own feebleminded decisions.

jesus go fuck yourself nobody but you are responsible for your life and until you realize it then you will always be just filth on this earth

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pretty much this (x100) and it's not just the US, Russia is also the same and I think EU will follow suit

It's a real shit sandwich

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You actually have the opportunity to become an accredited investor. It means improving yourself and your station in life in order to meet the requirements. Everyone has that opportunity.
Most people though, would rather bitch and whine than improve themselves. It's a mediocre mindset. And that is why there is not a single entrepreneur in socialist societies. Just a bunch of worthless office drones getting taxed like 90% of their income and NPCing until the day they die.

Gibbs

I know it sucks but think of it like some kind of financial RPG. You start out with cloth armor and a pointy stick. You trade up to 25k and you get some leather armor and a dagger, now you can day trade without triggering PDT. Work and you eventually get accredited investor status so you can go deep in hedge funds and shit. For epic legendary armor/weapons, you get enough so the investment banks take you seriously whatever that's called. It'll be fun!

The reality is this: exchanges, ico's, etc. are mostly borderline scams that fleece NPCs, and as is well known 90% of retail investors lose their money within a month. As is happrning now with ICOs, sheep get slaughtered.
It's actually smart that USA kind of protects their NPCs so they can tax them themselves.

By the way if you cannot find a way to invest in the shitcoins or things you want you never stood a chance anyway.

Everyone is entitled to buying low! Those goddamn calitalists are taking all the value buys!
The meme.

It's because rich people can afford taking a hit from a scam.

If a wagie on the other hand gets bilked out of their life savings it's a disaster for them and society.

Live within your means and save enough to build up a portfolio. No one is stopping you.

Luckily I found a coin I'm pretty sure is worth a million dollars, so when the peer to peer loan investment platform asked me if I qualify as an accredited investor I said Yes, which is truth to the best of my knowledge. Should some government bureaucracy ever disagree with me, then I will have to go through the horror of selling my investments at a profit :(

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There are a lot of investment opportunities that don't need accredited investor status. What specifically are you barred from participating in that you'd want to?

I can only think of a few myself and realistically, I don't think people are missing out.

see, this sounds all noble and egalitarian and shit but what you are really saying is that Chad McTrailerpark should be able to yolo his kid's diaper money on TSLA calls

Conversely we get dumb cunts bitching when they fall for obvious scams. Theres no winning.

Even if you're an accredited investor, there will be many investments that you still can't make because they have very high minimums (starting at $30 million). To a certain extent, you only need to look at the cryptocurrency bubble to realize what would happen if anyone could invest in anything. The scammers would be out in full force and most of the little people would be utterly wiped out.

It should be based on a knowledge test that you can study for. A lot of rich dumbasses would probably fail it.

chekt

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SEC niggers out in full force today.
>Im accredited hurr durr pull up your bootstraps son
I need pic related to deal with you.
youtube.com/watch?v=VNYNMM0hXXY
This

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kill yourself bootlicker, this is an ancap board

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