Are local investments good investments?

Local investments carry the same risks as any investments. Under MILE, investors must sign a document that states the investor is prepared to lose all of their investment. However, when investing locally investors have the opportunity to gain first-hand information about the business, and in a real sense are able to follow one of the basic rules of investment – invest in what you know. Further, local investing brings benefits that extend beyond a purely financial investment.   It allows investors to support their communities in a tangible and real way that impacts the financial well-being of the community.

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← Are local investments good investments?