Accredited* & Sophisticated investors only
$30 per head to attend.
Shareholders and CrowdfundAloha Partners no fee.
Limited availability - potential cost to attend
Email Lane@SimplePassiveCashflow.com to RSPV
*Here is my best attempt at explaining this… An accredited investor
is a defined by the United States Securities & Exchange Commission as
someone who makes a minimum of $200,000 ($300,000 if filing jointly)
or has a net worth of 1 million dollars excluding personal residence.
The significance of being an accredited investor is that you can
invest in things that those with less money, cannot. You can also be
something called "a sophisticated investor" which has a much more
nebulous definition but essentially says you know what you are doing
even if you don't have that much money.
These laws were put in place long ago to "protect" the average person
from predatory activity. The irony of this all is that there is no
protection for the average Joe, or pension funds for that matter,
against investing in a wildly bloated stock market at record
valuations. Every major trader out there knows we are in a bubble but
there is no protection for individuals dumping money into their
retirement accounts to buy mutual funds.
It's an archaic system which makes little sense. Certainly, there has
been some recognition of this fact. The 2012 JOBS act made it easier
for Main Street America to participate in "alternative" investments
via crowdfunding and made it easier for sponsors to advertise
previously unknown opportunities. However, we have a long way to go.
I would advise you that you need to know the lead syndicator
personally. None of this "we met at a local REIA and he pitched me his
deal". If a guy does not have a list of solid investors they must lack
the track record.
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22/06/2018 Last update