Locavesting

Locavesting Cover

Locavesting

The Revolution in Local Investing and How to Profit from It

By Amy Cortese

John Wiley & Sons, Hardcover, 9780470911389, 252pp.

Publication Date: May 23, 2011

Description
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. Meanwhile, small businesses are being starved for the credit and capital they need to grow. There's got to be a better way.

In Locavesting: The Revolution in Local Investing and How to Profit from It, Amy Cortese takes us inside the local investing movement, where solutions to some of the nation's most pressing problems are taking shape. The idea is that, by investing in local businesses, rather than faceless conglomerates, investors can earn profits while building healthy, self-reliant communities.

  • Introduces you to the ideas and pioneers behind the local investing movement
  • Profiles the people and communities who are putting their money to work in their own backyards and taking control of their destinies
  • Explores innovative investment strategies, from community capital and crowdfunding to local stock exchanges

With confidence in Wall Street and the government badly shaken, Americans are looking for alternatives. Local investing offers a way to rebuild our nest eggs, communities, and, just perhaps, our 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.