Local Investing Update

This organization was referenced in a blog post on January 10, 2015 .

Last month I started my local investing journey. Here's an update.

(Well, there was an update here until February 25. I was contacted by LocalStake and asked to take my post down. Apparently it was in violation of some type of something even though it didn't have any financial information but just very general business descriptions of the three firms I was interested in.

I'm still interested in them and sorry I can't share them further. To learn more about what LocalStake offers, you'll just need to go there and see for yourself.  Back to what was originally posted...)

So far I have three potential investments that I found on LocalStake. It would be great if more people needing funds were aware of them,  particularly those who fall into my area of interest, local food in Michigan and Indiana. But new ideas take time to spread. These firms are collecting interest from investors and with enough interest shown, will be available to actually invest in. Hopefully this brief update will help.

If these seem to be the types of businesses you would be interested in helping, take a moment to look at the LocalStake website (localstake.com). New businesses are added all the time. Or maybe you're a business looking for funds. Take a moment and see if this platform would be a way for you to raise the money you need from people who want you to succeed.

As has been said elsewhere, it's time to slow money down from flying around the world in electronic pulses being invested in who knows what. It's time to reclaim the connection between where we invest and where we are. It's time for a truly local stake in economic outcomes.