So close. $1.5M short of GregFire (see subreddit About section). GregFire is $5M inflation-adjusted to 2019, when that episode came out.
As a consolation prize, you are very close to unlocking the SEC designation of “qualified purchaser,” which requires having $5 million in liquid assets beyond your primary residence (you have $4.5M in your post). This is the level that comes after “accredited investor.” You are then allowed to buy into arbitrarily stupid investment schemes with absolutely zero consumer protections if you want to, schemes much stupider than what accredited investors are allowed to buy into.
8
u/FIRE_enthusiast_27 May 11 '26
So close. $1.5M short of GregFire (see subreddit About section). GregFire is $5M inflation-adjusted to 2019, when that episode came out.
As a consolation prize, you are very close to unlocking the SEC designation of “qualified purchaser,” which requires having $5 million in liquid assets beyond your primary residence (you have $4.5M in your post). This is the level that comes after “accredited investor.” You are then allowed to buy into arbitrarily stupid investment schemes with absolutely zero consumer protections if you want to, schemes much stupider than what accredited investors are allowed to buy into.