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File under “Irony”: Accredited Investor Status changes

Mark Jeftovic
By Mark Jeftovic / September 8, 2010

As recently pointed out on my favorite Value Investing discussion forum, the definition of an “Accredited Investor” in the US has been amended to exclude the value of one’s primary residence. That means you would need a $1 million net worth of assets outside the value of your home or meet one of the other criteria:

  • $200K annual income
  • $300K joint income with spouse
  • $5M trust/corporation/partnership

All that real estate froth made “accredited investors” out of a lot of people for awhile there, and then that was over. Now it’s official.

About the author

Mark Jeftovic

Mark Jeftovic is the creator of Wealth.net, founder and CEO of Canadian domain registrar and DNS provider easyDNS.com and member of the indie rock sensations The Parkdale Hookers.

His personal blog is at markable.com

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