Accredited Investing: Opportunities of the Rich
TL;DR: Now anyone can be an accredited investor with a test.
Venture capital, hedge funds, private equity… the list goes on.
Because of the hassle, a lot of securities are not registered with the SEC and therefore only available to accredited investors. This meant for a long time, some of the most profitable investments have only been available to the rich.
What is an accredited investor?
Traditionally, to be an accredited investor you’d have to have a net worth (excluding your place of residence) of over $1 million, or earn at least $200k a year (or combined $300k as a couple).
However, very recently, the SEC has changed the definition to allow those who have the Series 7, 65, 82 licenses (which can be obtained through an exam) be accredited investors as well.
What does this mean?
The SEC wants to make sure that people who want to invest in risky ventures are knowledgeable and financially stable enough to take all this on. However now you don’t need to just have money to make money – you can prove your knowledge by taking a test.
Should I take the exam?
These exams are a hassle (unless you already had to take one because you work in the financial industry). However, it’s good to know you have the option if you ever see an opportunity you’d really like to take part of!
Happy Accredited Investing,
TheJKW
8 Comments
Hairstyles VIP
wonderful submit, very informative. I ponder why the other specialists of this sector do not understand this. You must proceed your writing. I am sure, you have a great readers’ base already!
Hairstyles VIP
I will right away grasp your rss feed as I can’t in finding your email subscription hyperlink or e-newsletter service. Do you have any? Please permit me understand in order that I may subscribe. Thanks.
Fashion Styles
Hmm it seems like your website ate my first comment (it was extremely long) so I guess I’ll just sum it up what I wrote and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to the whole thing. Do you have any helpful hints for first-time blog writers? I’d genuinely appreciate it.
Fashion Beauty
You really make it seem so easy with your presentation but I find this topic to be actually something that I think I would never understand. It seems too complex and extremely broad for me. I am looking forward for your next post, I will try to get the hang of it!
Fashion Trends
Simply wish to say your article is as amazing. The clarity in your post is simply spectacular and i could assume you are an expert on this subject. Well with your permission allow me to grab your feed to keep up to date with forthcoming post. Thanks a million and please keep up the rewarding work.
Beauty Fashion
I’m really enjoying the design and layout of your blog. It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a developer to create your theme? Great work!
I Fashion Styles
Hey! Would you mind if I share your blog with my twitter group? There’s a lot of folks that I think would really appreciate your content. Please let me know. Many thanks
Hairstyles VIP
This is very interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your great post. Also, I’ve shared your website in my social networks!