Help In Economic Downturn?
Are you like many Americans who are slowly watching their investments (their futures) lose money with each new statement they receive? This is one of the few times I’ve not had enough to invest anything so at least I’m not seeing horrible losses of my money. However, Rebuilding of America is trying to find a way for Americans to still invest without losing a lot of money.
How does it work? Basically you join for $25 ($20 investment fee and $5 processing fee) and then ROA (Rebuilding of America) takes everyone’s contributions to invest in large Certificate of Deposits. These are fully insured by the FDIC so that you can feel somewhat more assured of the purchase in today’s times. ROA then leverages the CDs to purchase, rehabilitate, moderinize or finish foreclosed income producing properties all throughout America. When all is said and done 100% of all profits are returned to the investors. Your original investment is never used so you have no fear of losing your investments either. With the way things are going in our current economy that seems VERY reassuring to me.
The small fee required to invest makes this very promising I think. Even those of us (like myself) who can’t afford to really invest our money, can usually find $20 here or there to invest in ROA.
Why would you do this? Besides the chance to make profit of course is that you are helping to support America. The money is used towards construction projects that are close to (or already have been) abandoned. Without the support of ROA, we would be seeing major job loss. With continuing and completing the project, the construction crew stays employed (and spends their money in our economy) and then whatever the final project is, will also host employees who will be contributing back to society. This also provides some help to the banks too (who are finding a harder time of makign things work). Investments are purchased at a current fair market value. Banks are relieved of some of their burgeoning debt. Projects are refunded and revitalized to the best interest of our investors.
If you are looking for a small way to invest some money for returns, but scared in today’s topsy turvy world, check out Rebuilding of America and see if they are for you.
Tags: finance, investment, review
November 26th, 2008 at 1:25 pm
This sounds like awesome information I am not American so it doesn’t apply to me but I am sure many will find it helpful – great post!!