International Investing

That’s my suggestion for more productive things the SEC could be doing rather than raising the net worth requirements for hedge funds.

Small investors should be outraged. Hedge funds offer innovative services that previously only the very rich had access to. Relentless competition has driven down fund minimums and extended hedge fund benefits to whole new classes of investors.

One of the hallmarks of capitalism is that goods that used to considered luxury are soon common place items available to all. That is the current trend in the hedge fund world.

Do you really want the SEC telling you where and how to spend your money? Do you need the government to decide your asset allocation strategy? Why are our tax dollars funding initiatives that strip our freedom?
“We are from the Government and we are here to help.” Those words should send a shiver down the spine of any astute investor. It means that someone is after your wallet. By cutting off investors investment choices the SEC is taking steps to make sure the poor stay that way.