Elderly "Accredited Investors" Less Sophisticated Than Those With Only High School Education

HFA Padded
Mark Melin
Published on
Updated on

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/$300,000 for a couple, or a net worth of over $1 million excluding primary residence – researchers documented…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.