An accredited investor
This investment is for accredited investors only. An accredited investor is generally accepted to be someone who:
* has a net worth of $1 million or more, or
* has had an annual income of $200,000 or more in each of the most recent years (or $300,000 jointly with a spouse) and who has a reasonable expectation of reaching the same income level in the current year.
Not only are these guidelines tough,but the minimum amount you can invest in this investment is $35,000. That is how much each investment "unit", as it is called, costs.
But money alone does not qualify you to be a sophisticated investor.
A sophisticated investor knows the 3-Es:
1. Education
2. Experience
3. Excessive Cash
Our banker always says "I know" what we do, but for some reason, he does not do what he claims he knows.
