We need less governmental regulations in our lives today. Not more. The common people like myself should have the ability to invest in all kinds of public securities and leveraged funds just like the high net worth guys.
I am already at a disadvantage. I have no lawyers that spend all their time working for me to avoid paying my taxes. So when I have the opportunity to gain some leverage, or hedge against market directions, that is a bonus. That doesn't happen very often.
And it isn't very likely that there will be any Social Security funds available in 15-20 years when it should be available to me. So I am dependent on my own resources to ensure I have a retirement plan and strategy.
Scott Schwisow Comment On Regulatory Notice 22-08
Dear regulators,
We need less governmental regulations in our lives today. Not more. The common people like myself should have the ability to invest in all kinds of public securities and leveraged funds just like the high net worth guys.
I am already at a disadvantage. I have no lawyers that spend all their time working for me to avoid paying my taxes. So when I have the opportunity to gain some leverage, or hedge against market directions, that is a bonus. That doesn't happen very often.
And it isn't very likely that there will be any Social Security funds available in 15-20 years when it should be available to me. So I am dependent on my own resources to ensure I have a retirement plan and strategy.
Better for me to make those decisions.