Self-directed IRA … The Intersection between Main Street and Wall Street

Self-directed IRA … The Intersection between Main Street and Wall Street
By Franklin D. Redd, Jr.

 

Conflict is often the mask that conceals the opportunity. Our distressed economic condition is not a battle between the “haves” and the “have-nots” but an opportunity for those who know to share the knowledge. Our economy has to move from “Greed and Common Sense” to “Compassion and Wisdom”. We can not afford a purely ethical economy and must establish moral balance. Predatory transactions dilute the growth potential and the ability to participate in structured commerce that promotes economic stability.

 

Direct investing is the solution to the broken relationship between Main Street and Wall Street; the intersection. The evolution of the self directed IRA has the power and ability to locally invest with mutual fund styled tax-efficient options without penalties and tax liability. It empowers the investor to influence vitality and viability in their local community through investor vested risk and reward sharing. It is fundamentally American.

With trillions of dollars in tax qualified accounts spread across America the potential for a financial breakout may simply be contained in the sharing of the knowledge of how to direct invest. Our great nation empowers us as citizens to aggregate, accumulate and invest without a tax incident throughout the entire investment cycle of our careers and retirement. The American tax haven located in the United States is your Direct Invested IRA. It is truly a “Domestic Off-Shore” account.

The empowerment of the entrepreneurial spirit matched with the individually controlled capital can be the cornerstone for local sustainable economic development. Direct investing empowers individuals to fund initiatives of their concern providing a venue for socially conscious investing. For example, green initiatives can be financially promoted through socially conscious investing as ECO-Capitalism while remaining financially prudent, fiscally conservative and locally relevant.

Our system, the American Capitalistic Model is an engine that when connected to well lead projects and initiatives can provide creative methods to mobilize resources and incrementally supply capital sufficient to produce employment and profits, not just one or the other. The owner of the resource determine the desired outcome, profit maximization, full employment or opportunity optimalization; a balance between profits and employment. This is the democratization of our financial markets expressed on a local level with the potential for national impact.

The entrepreneurial basis of our society and the capital structure of our commerce are waiting for the return to a can-do psychology and the work ethic to “get ‘er done”. To be American is a two sided coin: you must vote with your ballot and vote with your dollar. This is true patriotism.

 

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