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Got stimulus package money to burn?

Submitted by tmeronek on Fri, 05/09/2008 - 1:41am.
The Bite:
Uncle Sam wants YOU...to spend, spend, spend. As the Biter patriot you are, consider blowing that $300-$1,200 wad on an eco-investment to stimulate the green economy for years to come.
The Benefits: 
  • Investing in a greener future. Add to the $2.3 trillion already invested in socially responsible businesses - money that helps the green marketplace grow.
  • Raking it in. Between 2000-2005, the value of the Global 100 most sustainable companies outperformed a common benchmark (the MSCI World Index) by 80%.
Personally Speaking: 
A few of us are reinvesting our stim package money into our own bank accounts after we were hit by big taxes in April.
Wanna Try: 
$1,200
  • Community Investing Center - put money into a low-risk bank account (insured at $100,000 per depositor like traditional banks) that provides loans to underserved borrowers. Measure your potential impact here.

$600

  • Blue Marble - socially responsible investment firm helps you green your portfolio; low account minimums (starting at $100 plus $100 per month).

$300

  • MicroPlace - makes it easy for you to give small loans (even just $100) to entrepreneurs in developing countries; you make a low-risk return of 2%-3%.

 

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