Are You An Accredited Investor? Probably Yes. You Just Didn't Know It!
Katie Kirkpatrick
I use informed perspectives to help my clients reach their investment goals. With dedication and trust, I drive positive performance by increasing value creation across real estate portfolios and long-term profits.
Most people don’t even realize they qualify as an Accredited Investor. Surprise surprise, you just might!
Let’s start by explaining what a credited investor is.
According to www.investopedia.com, an accredited investor is a person or a business entity who is allowed to deal in securities that may not be registered with financial authorities. In the U.S., the term is used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who qualify.
To be entitled to this privileged access, a person must satisfy one requirement regarding income, asset size, net worth, governance status, or professional experience. Really just one?
So here is the breakdown of qualifications.
A person must have an annual income exceeding $200,000, or $300,000 for joint income for two consecutive years or more. That means you and your partner or spouse.
A person has a net worth exceeding $1 million, either individually or jointly with his spouse. Own a house, anyone?
In 2016, the U.S. Congress modified the definition of an accredited investor to include investment advisors and registered brokers.
When a person can demonstrate sufficient education or job experience showing her professional knowledge of unregistered securities, she too can qualify as an accredited investor.
Wait, so you can take a certified course like the one offered on www.earlyiq.com and become a credited investor? That means basically anyone can become a credited investor. That’s crazy!
So there it is. Are you a credited investor and just didn’t know it?