Hedge Fund Managers Are Now Allowed To Bet in “Prediction Markets” for Clients

The investment industry has always struggled with blurring the line between investing and speculation. Paul talks about the rise of prediction markets — betting on things like the weather, politics, and sports — and how hedge fund managers are now trying to spin these markets as a hedge against stock prices. Listen along to hear why these tactics are only available to accredited investors, and why confident investors know that gambling part of your retirement savings at a casino can’t seriously be seen as financial planning.   Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.   This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.