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.
Got stimulus package money to burn?
05.09.2008
Submitted by tmeronek on Fri, 05/09/2008 - 12:41am.
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%.
- Fleur de l'Europe Brut - hell, even do-gooder investors ought to indulge in a little biodynamic bubbly once in a while ($70).
- Calvert Online and Social Investment Forum - tools that help you pick funds and stocks based on the eco and social criteria that matter to you.
Cocktail Fact
Real stock symbols and their companies: FUN (Cedar Fair amusement parks), OUCH (Occupational Urgent Care medical services), RIP (Pauze Tombstone funeral services), TUXX (Al's Formal Wear), and YUMY (Tofruzen tofu ice cream).
Bang For The Bite
If 10,000 Biters invest $1,000 in U.S.-based community investment institutions for just one year, we'll help build or improve the homes of 500 underserved borrowers.
Tips Like This
05.16.2006- 01.24.2008
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