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Re:Crowd Investing: Wefunder by appswell on Monday January 30, 2012 @10:43AM (#3529169)
I fully support this! To someone's point, we have an outdated system of balances that are based on 400 year old common law, and put in place as a consequence of the great depressions. S.1791 is a good bill, that puts the proper protections, capping investments at $1k. Not riskless, but appropriate amount of risk for investing. A fairer shake than the individual investor gets in the days of algorithmic, fraud ridden Wall street, or for that matter, the keno tickets the govt is happy to let them purchase.
Re:Crowd Investing: Wefunder by lukeschlather on Monday January 30, 2012 @11:01AM (#3529242)
It should be stated as a percentage of gross income. Magic numbers are bad, in software and law.