When it comes to investing our lives have become limited, we no-longer have a direct connection with the work our money is accomplishing. Our world’s mass-investing technique has created our to big to fail business system.
The entrepreneur/inventor we are all hoping to come out of the woodwork saving our sorry lives from the economic depression today, is being dramatically restrained, by who, not banks, or the government, but us!
This business savior we talk about has his/her hands tied due to the lack of money available for their expansion. Who’s money? Our money, you and me! Over the years we have been force fed that the only way to make money is to invest in our 401k and/or IRA. But these strategies are the much sanitized forms of investing driving us to our current indifferent view of investments allowing our hard earned money be stuffed in the pockets of people in New York.
Why was there an economic boom in house flipping? Money of course! Easy access to capital from the government. But more then this, there was a hands on, I can see where my money is working attitude, behind each individual.
We who have the means should, instead of pouring our money into funds we have seen disappear, direct our attention to local companies and entrepreneurs where we can see our money at work.
The situation is not just related to our area, but all areas of this nation. Just as we have had state's rights pulled to a central more powerful government, the same has happened with our businesses. We have removed the broad power of the smaller companies for giants, detached from our lives.
Right now you are shaking your head blaming Wal-Mart. Don’t blame them, look at yourself! It was your dollars each week that you paid into a 401k that supports a massive company to expand, instead of a more regional one grow.
In this situation it has been extremely easy for all of us to blame New York for the problem. Yes they are to blame, but if we agree on this why are we saving them by placing our money back into their coffers on a daily basis with our 401k funds? When evaluating your investment strategies incorporate long term investments as opportunities to do something great, not just on returns.
Driven Forward has been looking for ways to help this theory become reality. Local groups like the Lee County Economic Group have been looking at the same thing. How do you bring companies like Amjet Turbine Systems into the line-light getting them the deserved investment dollars which are need to boost our local entrepreneurs and economies? How do we create a corridor for local Angel Investing, a SE Iowa stock exchange so to speak? Share your thoughts.
Why do we in the Midwest still look to New York and Washington to save us? They are only interested in saving themselves, why aren’t we saving ourselves.
Our Investment not New York Investment.
