"Invest Locally" What does that even mean?

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I am a small company and I can tell you I'm not interested in having investors, even local ones. Larger companies can't sell you shares out the drive in window. So when people talk about investing locally, what do you mean? Do you suggest just cold calling local business and buying parts of them? I am a firm believer in buying everything locally, but I don't think anyone would give me ownership shares just for asking.
Please explain. I hate buzzwords, and will always ask for expounding on them. "Invest Locally", to me, is something that sounds nice, but has no real basis in reality.
NO CO-OP SUGGESTIONS. That's just obvious (and full of hippies)

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Alcohol production is a very

Alcohol production is a very good investment to be in if you are in a farming community. However biodiesel production is another option. Wind energy and solar are another. These energies can all be produced locally if investment is made in the right equipment.
grant

Becoming involve in local

Becoming involve in local government is also a way to invest (your time) locally and make a profit (eliminate corruption).
grant

If the government owns the

If the government owns the banks, the stock market, controls the issuing of paper money then it becomes capable of buying all corporations. This of course is all paid for by the taxpayer and workers. Welcome to the Socialist U.S. government corporation. This is why it is important to divest from government bonds, stocks and banks. Invest locally.
You can also invest your labor in a small business and accept goods and services as payment.
grant

Why Is This A Mystery?

The originator of this topic, Mike Lawson, asks "How is this possible?" and then proceeds to tell us he has his own small business.

Mike, if you used savings to start your small business, you are invested locally. If you borrow to finance production, or items for resale, then your banker is investing locally.

Other possibilities: Instead of buying stock in a mega-corporation, whose profits are spent somewhere else and over which you have no control, buy the lot next door when the opportunity arises. If you live in a growing town, buy a few acres near the edge of town and wait a few years for the town to grow.

Do like Mike and start your own business with your savings.

Buy from your local coin shop instead of online.

Where is the mystery?
Invest locally.

Check out Distributivism

Also known as distributism and distributionism, distributivism is a political philosophy similar to agrarianism. The means of production should be distributed as widely as possible among the populace; they should neither be hoarded by a oligarchy, nor controlled by the government. Certainly the means of production should not be held by the government in the name of fictitious communal entities, but should be held by individuals in their own hands, or in the case of land, under their own feet. For those projects beyond the scope of an individual or family, a guild system is recommended.

Although the Distributist League was founded in 1926, distributivist ideas predate G. K. Chesterton, Distributivism's most famous proponent. The turn-of-the-century Populist and arts & crafts movements embraced distributivistic goals, as did several literary figures of the day. In more recent times, distributivist ideas have reappeared in the guise of "back to the land" or "Small is Beautiful" movements.

More info:http://distributism.blogspot.com/

For 102 ideas on implementing this philosophy in your own home, see:
http://www.justpeace.org/encourdistributism.htm

By pass the middlemen, brokers, bankers and government

Well the farmer or business has also to realize that they need to be flexable to different investors. A larger investor or investors may make an offer to purchase equipment to produce alcohol for use in motor vehicles, and the farmer or farmers enters/enter in with the product and the investors takes a share of the alcohol produced.
Investment doesn't have to mean going through a broker or banker, there are ways to make direct investment. In fact the government does it all the time with our tax dollars without their approval.
grant

I wish this were

possible.

Another

Invest locally by buying tax deeds. Go to your local clerk of court website, find the tax deeds going up for sale and do your homework on the property. You can buy a property for back taxes usually $ 100 and up to usually 20K you can then rent the property out dirt cheap to the owner or help needy families.

Or buy tax certificates: Same start as above except when you go to the tax certificate sale, the state guarantees you (in Florida) a 20% ROI. You buy tax certificates for 3 years then the property goes up for tax sale on the third year. Whoever buys the tax deed the state returns your original investment with a 20% ROI by law.

If you need help with this, let me know.

Detective Krum Investigates:
http://victory1project.wordpress.com/
http://v1-p.com/

Detective Krum Investigates:
http://victory1project.wordpress.com/

Can be done, just need to be creative.

A farmer may produce milk or meat, and of course you can''t store all the milk or meat at once, but if you were to pay in advance to recieve a fixed amount of milk or meat over a period of time or even an adjustable rate, then the farmer bypasses the need to go to the bankers and can use your advanced purchase to buy equipment or fertilizers, pesticides and seeds. You can do this with services as well.
You are investing your money in their business and the return on your investment is a negociated discount on future goods or services.
grant

Since buying raw milk is illegal

there are some farmers here in Alaska who allow persons to own shares of a cow, and then they are entitled to shares of that cow's milk production.

They can't buy or sell raw milk, but certainly the owners of the cow are entitled to drink the milk from their own cow....
- -
Get your own "Ron Paul for Treasury Secretary" or "Nothing Changes 1-20-09 / Vote Third Party" sticker, designed by AlaskaRon, today!
http://www.cafepress.com/thirdparty08

RP2012!

See there's a good idea

That is probably the best explaination I've heard of what someone thinks in that regard. I tried an offer like that with my customers, but I think the buy in was too high and I didn't get any takers.

it's just one example of how we can correct this mess

it also allows for the producer to have shared risks, some of your investments can fall flat just as in the stock market. Weather can destroy a whole crop and your just out that investment and so are they at a fraction of the cost. Time of the Barter is upopn us.
so far, produce farmers and attorney's are the only people in my community that are doing this. Know of any others?

http://www.localharvest.org/csa/

"Ideas have consequences." Ron Paul

"...the most memorable concern of mankind
is the guts it takes to
face the sunlight again."-Charles Bukowski

Requires effort, but can be done.

If you have a local farmer who raises beans and you buy those beans you are invested in his business. But instead of giving you paper as would those at the stock market, he gives you beans. But as you say that isn't really investing, it is just buying. Well then try another approach; A farmer may produce milk or meat, and of course you can''t store all the milk or meat at once, but if you were to pay in advance to recieve a fixed amount of milk or meat over a period of time, then the farmer bypasses the need to go to the bankers and can use your advanced purchase to buy fertilizers, pesticides and seeds. You can do this with services as well.
Don't say it can't be done, it just requires people to think. Of course you may prefer to invest and hold paper.
grant

Local bonds

In many communities it is possible to invest in local infrastructure via bonds. Also local banks are many times looking for investors. There is also local utility cooperations that may offer bonds.

They always sell the bonds on the large exchanges

Through brokerages. But you are right, you can invest in a basket of local corporations and governments.

Invest Locally

is used interchangeably with "Buy Locally."

Which means people do not understand the meaning of "Invest"

And that means the phrase is meaningless. If you mean "Buy Locally" then say "Buy Locally."

invest locally

What I do to INVEST LOCALLY is to shop locally at independantly owned businesses. I shop at the local farmer's market,the local hardware instead of HOME DEPOT or Lowe's, the local whatever store it is when there is a choice. I get my gas at a owner /operator station instead of a corporate owned station. My money is in the local credit union. I have quit using credit cards because that is about a 4% fee out of the merchants pocket. I usually don't shop at corporate stores.

buzzword

I really appreciate this post because, out of ignorance, my initial assumption would be to support the buzzword.

I see large corporations infringing on the right of local people to sell basic commodities, like groceries, and to make a living at it. The competitive power of a large corporation has reached the limit where I see one person's liberty (the corporation) interfering with another's liberty (the mom and pop shop).

The only thing I invest in, by the way, is my own savings account.

So I appreciate the insight of this post.

I thought it meant to buy

I thought it meant to buy from your local merchnnts..keep them in business rather than Walmart...there are many locally owned businesses here and we usually do patronize those. We don't like being 'a face in the crowd'....

GET me a brain

ARE you kidding me ...The LOCAL authoritarians are twice as bad as the FED.
weee

BINGO!!

Nothing is worse than living in a community with a HOA and rules, rules, rules! Except for living in a small town with an active citizenry. Everyone's all in each other's business.

Never forget

that HOAs are essentially government entities, and as per supreme court ruling must obey the bill of rights.

Not all HOAs are evil. The ones that are (like local govt's) got that way because the constituents are guilty of neglect. We should care way more about who is in charge of our HOA than who is our president, but those times seem to have passed.

Don't live in a HOA

Don't live in a HOA community would be the obvious answer. You can't do much within such restrictions and I'll never understand why people put up with such socialistic bullshit! "Your fence must be only 4ft tall and those native-species plants you have in your front yard are not covered in the manual so remove them or else!"

This meme of "Invest/Buy Local" cannot work in many places in our society. . .yet. It thrives in places where there is open communication between citizens and neighbors know each other to a large extent. I live right outside of suburbia in a town that I consider suburban/rural. It's a nice old town that has a lot of potential for self-sufficiency, but unfortunately the town "leaders" are allowing new development of cookie cutter homes to be built, and it is disgusting to me!

What is a likely result of some sort of socio-economic collapse is that people will leave the cities and seek a more self-sufficient lifestyle. If there is no socio-economic collapse, then it would be wise of us to start moving towards such sustainable cultural ideas as "Invest Locally" as our current social program is highly unsustainable!

I would go beyond Invest/Buy Local and say "Support Localized Economy" but that doesn't have a good ring to it. . .;-)

--
Host, The Next Step Podcast
http://thenextstep.podomatic.com

HOA ?

Would it be too much trouble to identify what you are talking about.?

So many people on this forum love to use acronyms ... is that to separate normal people from the "in" crowd ?

I think the idea is

I think the idea is something that cannot be applied to much of industry and business as it is right now. The idea is that part of our problems economically and such is that we rely on corporations whose offices are offshore, or at least their factories are, and that reduces the vitality of local businesses. There is a good documentary about how Walmart kills any "mom and pop" shops in a 20mile radius and that is part of this idea. It's something that I think is still emerging and will become more a part of people's personal paradigms than it is now. Especially when you factor in possibilities like peak oil, there is very likely to come a time when our mass-production, high energy consumption economy will be unsustainable except for only the very wealthy, and so then the logical thing to do for the rest of us would be to "invest locally".

By investment, we aren't talking about stocks and shares and things like that, which are tools of the dying system, but rather supporting local business, getting away from the urban sprawl model of living and re-energizing smaller towns where local economies can thrive independent of whatever fluctuations occur on the national/global market. If "invest locally" were a meme that started catching on fifty years ago then this current economic debacle wouldn't have nearly as much the impact as it currently does. . .

--
Host, The Next Step Podcast
http://thenextstep.podomatic.com

I don't think they really have a clue.

I agree 100% -- right now, I don't want ANYONE else (much less a bunch of clueless people) trying to "invest" in me or anything of mine (and most definitely NOT my business). And if I *did* want people to invest, they would already know about it, and I would have asked them.

What I think it COULD mean (if we had a stable currency) would be something like micro-finance -- where the "investors" would become partial owners of a loan with a definite term (i.e. a one year loan with balloon payment at the end, or etc). Basically doing an end-run around having the bank as a middleman. But in the end, that is basically just a reinvention of the original function of a local "bank" -- where local people store deposits that are used essentially to provide loans for local commerce (instead of "reselling" it all up to New York and then "investing" in New York paper on the backside).

What people who talk about "investing locally" really mean... is anyone's guess -- I think (like you) that it is just a mindless reiteration by most of a "talking point" that they heard somewhere, and which they thought sounded good.

I agree, Mr. Miller

"I think (like you) that it is just a mindless reiteration by most of a "talking point" that they heard somewhere, and which they thought sounded good."

Much like the term "at free fall speed into it's own footprint", which someone threw out there, and the mindless repeat over and over ... ad nauseum !