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One Cure for Year-End Account Statement Blues? A Guaranteed Investment "Note"
In the last few months, reading your savings and investment account statements is a depressing business, even if you have been dedicated to green investments. Calvert Foundation's Community Investment Note - defined as an unsecured security - says it has a guaranteed rate of return and a socially responsible twist: Buyers of the 1,3,5, 7 or 10 year versions of the note get to choose their interest rate (up to 3%) and also get assurance that their money will be working to help make micro-loans to nonprofit and social enterprise organizations. Calvert a...
Source: TreeHugger