Many of us have the philosophy of “acres of diamonds in our own backyard.” I used to believe this myself, and it showed in my investment strategy as I invested heavily in real estate over the years.

As market conditions continue to change, I realize I need to look at other alternatives, other investments to diversify and grow my retirement portfolio. That is part of the reason why I have a self-directed IRA. It gives me complete flexibility to invest in assets that I believe in. (To learn more about how you can self-direct your IRA visit www.theentrustgroup.com.)

I recently attended a conference where I had the opportunity to observe and learn from people who invest in a variety of different areas based on their belief systems. “Green Investors,” for example, invest in products that support renewable energy, such as wind turbines and hydroelectric plants. Now, I know virtually nothing about these types of investments which is why I generally do not write about them. I bring them to your attention to show you the vast opportunity out there if we seek to explore, do our research, and believe in not only the investment itself but the future of where the investment is going.

Gold, silver, foreign currencies, oil and gas leases, royalty payments and more can diversify a portfolio. The keys to any truly self-directed investment are vast. Take the time to learn about the different assets out there in today’s marketplace. It could make a difference to your financial future.

Here is a link to a promotion from Asset Strategies International on a gold/silver mine excursion to Australia. Take a look at this exciting itinerary. For more information you can email them directly.

Lisa

This entry was posted on Wednesday, August 29th, 2007 at 6:57 am and is filed under General Interests. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.