Quote from @Andrew Hogan:
@Ryan Taylor
It's the government's way to try and protect investors from losing money or getting tied up in illiquid assets... but they allow you to invest in gamestop. Kind of silly but it's likely a large contributing factor to the growing wealth gap.
The SEC recently expanded the definition of an accredited investor. Look for other ways you coul qualify.
There are also vehicles such as a regulation A and a 506(b) offering that allow non-accredited investors.
At the end of the day, you need to vet and make sure you're partnering with the right group that you would trust with your hard-earned capital.
Good luck!
My exact thoughts (about Gamestop) and the stock market in general. Dont have to be accredited to throw your money out the wi dow there...or drop the mortgage payment on the slots in Vegas...but the"Government" who we all know excels at losing money, wants to protect investors from losing money...lol...got it
Find a way I guess...sure cant beat em
Thank you for your reply...much appreciated