Spend $3,000 on a vacation? Your call. On an investment? No way!

“The SEC’s ‘accredited investor standard’ effectively means that most Americans — unless they have at least $1 million in assets or $200,000 in annual income — are increasingly cut off from investment opportunities.” [Thaya Brook Knight, Cato Policy Analysis and summary]

One Comment

  • Even those levels restrict investment opportunities; other regulations set the bar at $2M of assets regardless of income.