December 23, 2019
SEC, The world is filled with people/organization/government that offer people different investment opportunities to invest in and considering the followings: People that are not accredited investors are allowed to buy homes and they pay mortgage monthly carry the liabilities while sellers own the assets because there seems to be a deliberate protection to the mortgage institutions but they are perceived as not good investors who could as well put money into private startups.. Regarding 401K: The government forces many people including those that fall into the category of non-accredited to turn their money (from every pay check) over to total strangers who probably will take risky investments on their behalf and still they are classified as non-accredited and you will wonder why they get such poor returns. It could be seen that accredited investors restriction: i) Makes potential investors weak in the area of investment decision making. ii) Blinds people who can see investment opportunities but cannot venture into them, saddens people who should be happy from returns on their risk taking and turns brave people into cowards. iii) Robs a genius of brilliance investment skills and causes people who should be rich through private startups investment opportunities to think poorly. iv) Limits the achievements of that great person living inside each one of us. Therefore, if “C” grade students can employ “A” grade students and accredited investors can invest in Startups of non-accredited Entrepreneurs without any restriction then at this info age, the limitation placed on people investment capacity should be reversed and also not everyone will take investment risk even if they have PhD. in finance/investment as there is always going to be risk lovers, risk averts and risk neutral people no matter how. Thanks, Samuel.