Elderly "Accredited Investors" Less Sophisticated Than Those With Only High School EducationMark Melin
A trio of researchers at Texas Tech University have documented what many inside the world of alternative investments might have already knew based on anecdotal experience: just because someone has the financial wherewithal to be considered an “accredited investor” does not mean they understand alternative investments.
Study shows younger people with no more than a high school education know more about investing than 80 year old accredited investors
In studying accredited investors over the age of 80 – those with $200,000 annual income/$300 . . .
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