In general, I stick to conservative broad index funds for my investments, especially retirement. That said, I also see value in investing in funds like reverse volatility funds from time to time when the opportunity to benefit from stability presents itself.
I am very well versed in the risks of the market, which is why the majority of my investments are well diversified, but if want to invest a small amount of money in riskers assets or funds I believe in, I don't see any value in being prohibited.
Given disagreements in investment strategies, I don't see how the government could be trusted to simply know what is best and set up rules or tests to vet investors for who is properly informed.
The irony of these kinds of restrictions, is they propose to help the poor, but often just give more options to the rich, contributing to further inequality.
Rather than using restrictions and coercion, maybe the FINRA resources should be used towards informing and educating. In fact, it seems the much bigger problem is that people aren't investing enough in retirement, because they fear the market due to understandable ignorance. More education about safe reliable options would do far more good for people than any prohibitions on risker ones would.
Brian Moore Comment On Regulatory Notice 22-08
In general, I stick to conservative broad index funds for my investments, especially retirement. That said, I also see value in investing in funds like reverse volatility funds from time to time when the opportunity to benefit from stability presents itself.
I am very well versed in the risks of the market, which is why the majority of my investments are well diversified, but if want to invest a small amount of money in riskers assets or funds I believe in, I don't see any value in being prohibited.
Given disagreements in investment strategies, I don't see how the government could be trusted to simply know what is best and set up rules or tests to vet investors for who is properly informed.
The irony of these kinds of restrictions, is they propose to help the poor, but often just give more options to the rich, contributing to further inequality.
Rather than using restrictions and coercion, maybe the FINRA resources should be used towards informing and educating. In fact, it seems the much bigger problem is that people aren't investing enough in retirement, because they fear the market due to understandable ignorance. More education about safe reliable options would do far more good for people than any prohibitions on risker ones would.