Local Investment Options

Fund HumboldtYup, that’s right.  Although the crowdfunding campaigns on this site may not offer a financial return on your “investment,” you are essentially investing in your community and you will surely reap the social return that comes from such an investment.  Take a moment to browse what campaigns are underway by clicking here.

Local Investing Opportunity Network – A LION is a group of local citizens who create opportunities for local businesses, individuals, and local investors to network. It is a way to work around some the SEC laws about how you can ask for money. The LION hosts sort of informal gatherings of people who may be seeking investment with people who might possibly invest, and then people just socialize and mingle.  Once you legitimately make friends with someone, you can legally ask them for money without SEC violations. Click here for more info.

Self Directed IRAsA Self-Directed Individual Retirement Arrangement is an IRA that requires the account owner to make investment decisions and investments on behalf of the retirement plan. IRS regulations require that either a qualified trustee, or custodian hold the IRA assets on behalf of the IRA owner. Generally the trustee/custodian will maintain the assets and all transaction and other records pertaining to them, file required IRS reports, issue client statements, assist in helping clients understand the rules and regulations pertaining to certain prohibited transactions, and perform other administrative duties on behalf of the Self-directed IRA owner for the life of the IRA account. The custodian usually offers a selection of standard asset types that the account owner can select to invest in, such as stocks, bonds, and mutual funds. In addition, most custodians will also permit the account owner to make other types of investments. The range of permissible investments is broad, however, the IRS does place limits on the types of assets that may be invested in and on the types of transactions that may be carried out. (thanks Wikipedia… to read more about Self Directed IRAs, click here).

This is cool because you can put your money locally! Get creative with these, anything the IRS hasn’t prohibited is open territory!

real-estate-club-3-1-300x255Investment Clubs – An investment club is a group of less than 100 individuals who meet for the purpose of pooling money and investing; members typically meet on a periodic basis to make investment decisions as a group through a voting process and recording of minutes, or gather information and perform investment transactions outside the group. There is no upper or lower limit on the sum of funds invested as individuals or as a group. Investment clubs provide members a means to learn about markets, while meeting and working with people who have similar interests. (Thanks Wikipedia… to read more about Investment Clubs, click here).

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