[AnthonyMouse]

The real problem here is that the constraint is on how much money you have regardless of how much money you're investing.

If your net worth is $20M and you're investing $20,000, losing all of it clearly wouldn't bankrupt you. If your net worth is $20,000 and you're investing $20,000, losing all of it clearly would bankrupt you.

But then you say to the person with $20,000 that they can't invest $500. Which is kind of nonsense.

[sgc]

Absolutely this. Just make a percentage of net worth requirement. It's pretty hard to find a decent investment if you can't join a syndication or invest in much of anything that has not already been through the ringer of the wealthy a few times, and played out.