Investing Within Your Reach
Even in this down economy, there are opportunities out there for you to be able to invest in a safe way. An investment does not have to be the purchase of a home or thousands of dollars in high risk stocks. There are small ways that everyone with a few dollars in their pocket can get involved in a simple way to grow your money.
Rebuilding of America (ROA) is an affordable investment opportunity that costs just $20 to join, plus a processing fee of $5. Your investment is out into Jumbo Certificates of Deposit, which happen to be fully insured by the FDIC. Then, ROA then “leverages the CDs to purchase, rehabilitate, modernize or finish foreclosed income producing properties all throughout the USA.”
ROA’s operates using the interest on the CD’ and then distributes the profits from their projects to the investors annually. Because the original investments are never actually used for the projects (just the interest, remember?), they are safe and are returned to the investors after the five-year term of the CD. It’s a unique investment project for those of us in the ranks of the middle class, or for those learning how to invest. Most other investment projects require a much higher minimum investment, while the idea behind ROA is that $20 is a amount that most anyone can afford – thus keeping the project attainable to a majority of people.
Jim Jameson, CEO of Rebuilding of America, says something I find very telling about the ROA project: “If Obama and McCain can raise millions of dollars at $5 per person to buy ads and run their campaigns, I figured we can use the same power of the masses to really make a change in our economy.”
The projects that ROA will tackle with the interest earned from the CDs will be reviving things like a housing project for senior citizens that was 60% complete when the construction company went bankrupt, a low-income housing project that was devastated when Hurricane Katrina hit, and other localized projects that revive communities, provide jobs, and stimulate true change for the people they benefit.
I think this is an exciting take on true grass-roots efforts and an inspiring example of everyday people working to be the ones who actually change our nation.
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