I have invested for over twenty years. In the beginning I did not know much, but I learned. Did I make mistakes? Sure. But I knew there were risks. As long as someone can document that they understand investing involves risk and loss, they should be able to invest in any legal arrangement. To not allow or to put up barriers to entry, would just be forcing the younger and poorer to stay un-invested and less advantaged.
Richard Vetter Comment On Regulatory Notice 22-08
I have invested for over twenty years. In the beginning I did not know much, but I learned. Did I make mistakes? Sure. But I knew there were risks. As long as someone can document that they understand investing involves risk and loss, they should be able to invest in any legal arrangement. To not allow or to put up barriers to entry, would just be forcing the younger and poorer to stay un-invested and less advantaged.