LOCAL INVESTORS: GETTING STARTED

 

Welcome to our resource area for local investors. Here, you will find a series of how-to guides and other resources that support investors in the process of finding, evaluating, making, and monitoring investments in local entrepreneurs and small businesses.

Local Investing Resources

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What is Local Investing

What is Local Investing

INTRODUCTION Local small businesses help create the color, culture, and uniqueness in our communities and neighborhoods. They’re owned, managed, and staffed by our friends and neighbors. In what’s called the “local multiplier effect,” the money we spend and invest...

Is it Safe?

Is it Safe?

No one knows for sure how likely it is that a company will succeed or fail. Even the best research cannot accurately predict the future. For the purposes of this website, a local investor is considered someone with financial resources that they can afford to part with...

How to Get Started

How to Get Started

Review your financial situation Do you have money to invest that you can afford to lose?  Have you paid off any high interest credit card debt?  Are your non-invested savings sufficient to cover emergencies, and are they working for you at a locally-focused bank or...

Joining an Investment Club/Group

Joining an Investment Club/Group

We highly recommend that local investors work together, not alone, in order to help each other out. Sharing expertise and insight helps everyone find better investing opportunities and make better investing decisions by drawing on the diversity of backgrounds and...

What to Expect

What to Expect

Direct local investing is a slow and engaging, yet rewarding process. Local investors must have the passion, time, and energy to find and evaluate local investing opportunities, and for getting to know the people who offer these opportunities. Get-rich-quick...

Using Retirement Accounts to Invest

Using Retirement Accounts to Invest

Qualified retirement plans offered by an employer, such as 401(k)s, 403(b)s, SEP IRAs, and SIMPLE IRAs, do not allow for direct investment into private (i.e. not publicly traded) securities. Similarly, funds in traditional IRAs and Roth IRAs cannot be used to make...

A Quick Recap

A Quick Recap

A Quick Recap To help you get started, here’s a quick recap of the process: Look at your big picture financial situation and make a list of your Investing rules, which tell you what kinds of local investments you should be looking for. Be patient while looking for...