Still you can't compare investing opportunities of the middle class with rich people. And I didn't mean Karl Marx's book.
Why? There is no law of physics that forbids the middle class to invest like the rich. It's called crowdfunding. Plus publicly traded companies offer plenty of opportunities at affordable price. Not sure what you are getting at.
There actually is a law in the US limiting a number of investments to "qualified investors", the definition of which is clearly upper middle class to rich.
This's a matter of legal restrictions that need to be lifted. And yet, notwithstanding all this, there are plenty of other high risk opportunities for the middle class.
Hedge funds, that's what I'm talking about. Of course, there might be a lot of arguing here about their profitability, but good hedge funds can give you solid return in a long-term for example Scion Capital...
I wonder what the effect would be if Trump turned independent. Would he be looked upon more as a conservative democrat? Would he start to impinge upon Bernie's vote?
Thank you for that insightful post, that really added to the discussion and brought up several great, well supported points. I'm sure you must have accomplished what you set out to accomplish with that post.
That's kind of a nonsensical statement. Sure, lotto tickets are high risk opportunities available to the middle class. Who asked for high risk opportunities? I don't know about you, but I want alpha, not risk.
Not sure why your panties are in a twist over that. I posted about Bernies plan a few weeks ago. It will end the US as a trading venue. But like CFD's and Sweden, traders will move to other products and trading bourses. Day-traders simply won't be able to take an effective doubling or tripling of the spread in the ES. It won't be the end of day-trading, but it will be the end of Bernies free-everything-for-all plan. This is why Bernies plan won't work. Traders and the 1%'ers will vote with their feet.