Locavesting: The Revolution in Local Investing and How to Profit From It - Hardcover

Cortese, Amy

Hardcover

ISBN 10: 0470911387 ISBN 13: 9780470911389

Publisher: John Wiley & Sons, 2011

Synopsis

Locavesting How individuals and communities can profit from local investing In the wake of the financial crisis, investors are faced with a stark choice: entrust their hard-earned dollars to the Wall Street casino, or settle for anemic interest rates on savings, bonds, and CDs.

About this title

From the Back Cover

Praise for Locavesting "Investing locally makes sense as long as you do it with your eyes wide open. And this book is a realistic up–to–the–minute exploration of the field. After all, it was the local community that invested in Ben & Jerry′s—and it worked out pretty well for them." — BEN COHEN , cofounder of Ben & Jerry′s "An inspiring look at what local businesses can achieve." — JOSEPH E. STIGLITZ , 2001 Nobel Laureate "Buy this book before the Securities and Exchange Commission (SEC) bans it! Locavesting demolishes the myth that the best investment options lie in the financial–doomsday machine we call Wall Street. Fasten your belt for a mind–blowing journey where you will learn about dozens of highly profitable community investment opportunities. Amy Cortese takes you on a breathtaking ride." — MICHAEL SHUMAN , author of The Small–Mart Revolution and Going Local We have witnessed the failings of an unfettered free market system, tallied in lost jobs, stagnant wages, rising inequality, and languishing Main Streets. Isn′t it time for a backup plan? Locavesting is a call to rethink the way we invest, so that we support the small businesses that create jobs and healthy, resilient communities. Just as "Buy Local" campaigns have found that a small shift in purchasing to locally–owned enterprises can reap outsized benefits for a local economy, so, too, can a small shift in our investment dollars. Amy Cortese explores the revolution in citizen finance taking root across the country, and shows how local investing can help rebuild our nest eggs, our communities and—just perhaps—the country.

About the Author

Amy Cortese is a journalist who has spent her career writing about business, finance, environmental issues and food, giving her a unique perspective on how these different realms are intricately linked. A former editor at BusinessWeek , her work has also appeared in the New York Times , the New York Times Magazine , the American, Mother Jones, Portfolio, Afar , TheDailyBeast.com, and many other publications. She lives in Brooklyn, New York.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2011
• ISBN 10: 0470911387
• ISBN 13: 9780470911389
• Binding: Hardcover
• Language: English
• Number of pages: 252