Did you know that you can create a greener future with your self-directed IRA? Not only can invest in what you, but you can also put your retirement funds toward helping your community and your world.
Green Investing, also known as Socially Responsible Investing (SRI), is defined as investing to achieve financial growth while also contributing to the improvement of society in a variety of ways.
Things to Remember With Socially Responsible Investing:
- SRI is an exploding industry. From 2005 to 2007, social investing grew 18%, and is now estimated to comprise $2.71 trillion out of $25.1 trillion of U.S. investments.
- Mutual funds are not the only option, especially with the freedom and flexibility of a self-directed IRA.
- Some Investment types include, private equity, mutual funds, individual stocks, micro loans, and much more.
- Private schools, churches, a youth center, theater, micro loans and other non-profit entities are all examples of private entities in your community your IRA could invest in.
Frequently Asked Questions:
Q: How can I get more ideas for green investing?
A: Check out the Social Investment Forum to get even more ideas.
Q: What investment types are allowed?
A:
- Self-directed IRA private placements
- Mutual funds, also available within a self-directed IRA
- Individual Stocks, again available from within a self-directed IRA
- Micro loans, available within a self-directed IRA
Click here to read more about each investment type listed.
Q: How can I help my community using a self-directed IRA?
A: Whether it is a youth center, theater, micro loan your investment in your self-directed IRA can help your community. Click here to read more about each example listed.
Have another question about green investing? click here