Do people who hate those evil, greedy Wall Streeters not realize that anyone is allowed to invest in public stocks?

You mad, bro?

His girlfriend left him for a guy who does not invest.

No... What they don't realize is Wall Street gives Main Street billions of dollars every year. Every piece if interest you've ever received comes from Wall Street and every home you've ever bought was thanks to Wall Street. Except I suppose for the few ppl who can pay cash for homes... But they probably work on Wall Street so there ya go.

Yes, but not anyone can invest in "angel" or "seed" rounds of a startup before they go public.

That, my friend, is privileged to only those who make 200k a year or have a fat mil sitting in the bank.

So what? Well, if I were able to invest even just $5,000 in uber in 2011, that 5 thou would now be worth roughly $4 million.

Luckily, title III of the jobs act will change all that.

typical jabroni wrote:

Yes, but not anyone can invest in "angel" or "seed" rounds of a startup before they go public.

That, my friend, is privileged to only those who make 200k a year or have a fat mil sitting in the bank.

So what? Well, if I were able to invest even just $5,000 in uber in 2011, that 5 thou would now be worth roughly $4 million.

Luckily, title III of the jobs act will change all that.

This is false. You are free to invest in angel and seed rounds or in startups. No privilege needed.

Those doing the complaining have nothing to invest because they've blown it all on cigarettes, lottery tickets, dope and colt 45.

iifii wrote:

typical jabroni wrote:

Yes, but not anyone can invest in "angel" or "seed" rounds of a startup before they go public.

That, my friend, is privileged to only those who make 200k a year or have a fat mil sitting in the bank.

So what? Well, if I were able to invest even just $5,000 in uber in 2011, that 5 thou would now be worth roughly $4 million.

Luckily, title III of the jobs act will change all that.

This is false. You are free to invest in angel and seed rounds or in startups. No privilege needed.

I believe jabroni is referring to private partnerships formed by wealth management firms that take large pre-IPO stakes in companies and then sell LP stakes to HNW investors. Those LP positions are reserved for those with the income and net worth restrictions he describes but I thought it was $5MM in assets, could be wrong on that.

Yes, because everyone knows that wall street banks make their money investing in stocks.

iifii wrote:

typical jabroni wrote:

Yes, but not anyone can invest in "angel" or "seed" rounds of a startup before they go public.

That, my friend, is privileged to only those who make 200k a year or have a fat mil sitting in the bank.

So what? Well, if I were able to invest even just $5,000 in uber in 2011, that 5 thou would now be worth roughly $4 million.

Luckily, title III of the jobs act will change all that.

This is false. You are free to invest in angel and seed rounds or in startups. No privilege needed.

Not for equity. Only "accredited" investors are allowed to...aka 200k salary or 1mil in the bank....look up title iii of the jobs act or even simply seedinvest.com

78LP45 wrote:

iifii wrote:

This is false. You are free to invest in angel and seed rounds or in startups. No privilege needed.

I believe jabroni is referring to private partnerships formed by wealth management firms that take large pre-IPO stakes in companies and then sell LP stakes to HNW investors. Those LP positions are reserved for those with the income and net worth restrictions he describes but I thought it was $5MM in assets, could be wrong on that.

Doesn't really matter. His point is false. There are plenty of startups that would enjoy his $5000.

Wall street is such a broad term. Even the word bank is hardly understood.

I remember angry OWS protesters giving tellers a hard time. Wrong people and a demonstration of that groups stupidity.

The problem is if we gamble with stocks and lose, our money is lost and we go broke.

If Wall St gambles and loses a lot of money, they get a bailout. They know that so they risk more.

iifii wrote:

78LP45 wrote:

I believe jabroni is referring to private partnerships formed by wealth management firms that take large pre-IPO stakes in companies and then sell LP stakes to HNW investors. Those LP positions are reserved for those with the income and net worth restrictions he describes but I thought it was $5MM in assets, could be wrong on that.

Doesn't really matter. His point is false. There are plenty of startups that would enjoy his $5000.

Again, wrong. I'm talking about startups who are actively looking for investors in seed and pre seed rounds. I was not able to invest in uber or twitter before they blew up because I am not an accredited investor. AKA the startups who actually have a chance at returning your investment

Many people need a bogeyman who can be the scapegoat for their lack of individual responsibility. Wall Street is a prime example.

So I give a stranger all my money and hope at some point in the future he will give me all my money back and even a little extra? That sounds perfectly reasonable.

Do you realize that we have to pay those Wall Streeters to invest in stocks?

Or that they sold investments that they knew were crap as they bet against their own customers?

Or that @ a dozen Hedge Fund managers make more than $1 billion a year since they came up with "high frequency trading", wherein they use technology to jump in front of your order to buy, thus driving the price up and transferring money from your pocket to theirs?

Nutella1 wrote:

The problem is if we gamble with stocks and lose, our money is lost and we go broke.

If Wall St gambles and loses a lot of money, they get a bailout. They know that so they risk more.

There is so much incorrect in this thread. Wall St investors and companies go out of business and fail too. There is no automatic bailout. And any bailout they gets goes to the rest of us also. You have this wildly incorrect notion that government bailout money only ends up in their pockets. There is a reason some of these companies are "too big" to fail. Bailout money helps non-wall st people too. That's the focus of the bailout.

Where Else wrote:

Do you realize that we have to pay those Wall Streeters to invest in stocks?

Or that they sold investments that they knew were crap as they bet against their own customers?

Or that @ a dozen Hedge Fund managers make more than $1 billion a year since they came up with "high frequency trading", wherein they use technology to jump in front of your order to buy, thus driving the price up and transferring money from your pocket to theirs?

Yep, it is embarrassing how the right wingers have misunderstood the anger that exists.

People are angry at the abuses of power, the misselling, the frauds and market rigging (forex, LIBOR...), the rampant driving up of inequality, the damage caused by the hubris of thinking things like credit default swaps were infallible, people making millions from speculation that doesn't even fund businesses, the damage caused by the termist market's obsession with quarterly results...

In short, its the fact that "wall street" is nor doing what it should be doing.

Can you cite where Bernie Sanders ever called Wall Street "evil"?

Can you explain why Wall Street feels threatened by reinstating Glass Steagall?

Thanks in advance for your answers.