Small businesses account for half of our country's economy, but they receive a trivial fraction of commercial credit from banks and almost none of the $30 trillion Americans have in long-term savings, in vehicles such as stocks, bonds, and mutual funds.
StayLocal has been working with local and national experts to flip the script, and open up opportunities for individuals to invest in local businesses they know and trust as well as allow local businesses to raise funds from their local community.
> Top Ten Policies to Support Local Economies - A list of policies that state legislatures could implement to support local economies by Michael Shuman. Click here >
> Deploying Our Investment Capital Locally Yields Better Returns for All
"If you took $1,000 and invested it in a certificate of deposit in any of the three largest banks in America today, you would earn 1% or less on your money and have to pay income tax on that gain. Take that same $1,000 and put it in a secured government issued bond or mutual fund, and your rate of return might get as high as 2% in today's market. But if you invest it in your own community, you could earn an after-tax rate of return of between 5-7%. Three times as much." Click here to listen to the full interview with Francis Koster >