20 Sep '11, 5pm

How your 'slow money' can make a difference

How your 'slow money' can make a difference

Admittedly, the returns on these investments are not going to rival 8 or 9 (or higher) percent returns on investments made in the stock market, but investing in local businesses or sustainable enterprises needs to be the future of investing, Tasch says. The Equal Exchange CD has a 0.85 percent annual percentage yield (APY), and loan interests are defined by individual lenders and Slow Money groups. "None of us who are doing this are driven by financial concerns. We're driven primarily by social and environmental urgency and then secondarily by the belief that it will turn out to be a very good thing financially," Tasch says. He hopes, through slow money, that people will learn how their

Full article: http://www.mnn.com/money/personal-finance/stories/how-you...

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