Locavesting Paper (Paperback)

By Amy Cortese

Wiley, 9781118972731, 240pp.

Publication Date: May 31, 2011

List Price: 22.95*
* Individual store prices may vary.

Description

How individuals and communities can profit from localinvesting

In the wake of the financial crisis, investors are faced with astark choice: entrust their hard-earned dollars to the Wall Streetcasino, or settle for anemic interest rates on savings, bonds, andCDs. Meanwhile, small businesses are being starved for the creditand capital they need to grow. There's got to be a better way.

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

  • Introduces you to the ideas and pioneers behind the localinvesting movement
  • Profiles the people and communities who are putting their moneyto work in their own backyards and taking control of theirdestinies
  • Explores innovative investment strategies, from communitycapital and crowdfunding to local stock exchanges

With confidence in Wall Street and the government badly shaken, Americans are looking for alternatives. Local investingoffers a way to rebuild our nest eggs, communities, and, justperhaps, our country.



About the Author

Amy Cortese (New York, NY) is a financial writer 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. Her work has appeared in the New York Times, The New York Times Magazine, Business Week, The American, Mother Jones, Wired, The DailyBeast.com, and many other publications. Cortese was previously senior vice president at online investment bank Wit Capital in the late 1990s. Throughout her career, including five years as an editor for Business Week covering high-tech and Silicon Valley, she has taken complex topics and translated them into accessible, engaging prose for a general audience.