One of the benefits of alternative private investing is that you don’t have to follow all the traditional trends. You get to set your own goals and engage in the kind of investing you want.
Now, when many people invest, they generally seek the highest rates of return at the lowest levels of risk. This is a general rule of investing that seems pretty wise, doesn’t it. However, it’s not the only goal to keep in mind when investing.
Specifically, the reasons for investing are potentially as long as a list of investors. We’re all different. And we all seek different things when seeking to make the most of the money we have.
Various types of values investing
As an example, one form of investing some people engage in is what’s called socially-responsible or ethical investing. There are no set rules as to what constitutes such investing. However, it generally involves seeking opportunities that coincide with your own personal set of values.
This could involve enterprises that are environmentally conscious, or engage in business activities that you believe are worthy of support, such as aiding youth, or that have a track record of engaging in ethical activities and business excellence. Remember, it’s your money, and you have every right to decide what kind of people get it.
Of course, there are other types of parameters one can set for the type of investing you engage in. You can invest based on region, based on economic development, based on your personal knowledge and support of a sector — and the list goes on.
Enhancing your financial return
And, again, there’s nothing stopping you from sticking to the formula that most investors enjoy: high returns, low risk. And if you can adhere to this formula while adding your own criteria for filtering investment types, all the better.
Just remember that, when you do set your own investment criteria, information is crucial. Does the company you want to invest in adhere the environmental goals it states? Get verification from them. Does an enterprise consistently abide by its own ethical guidelines? Ask them.
Or, better yet, seek the advice of professionals who know where to get such answers. After all, it’s your money that you’re investing. You have every right to do it in a way that adheres to your personal values, that earns an acceptable rate of return, and that does so in a way that protects all your interests, and assets.