Skip to main content

Mainvest Lets You Become a Local Business Investor For as Little as $100

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners.

How cool would it be to invest in the success of small businesses across the country — and get a piece of that success yourself?

That’s what a company called Mainvest is doing to make it easy for people living all over the country to invest in small businesses and earn passive income.

Instead of fronting a ton of cash to invest in some global conglomerate that doesn’t affect you at all, you can invest in local small businesses that you can personally benefit from, too.

And all you need is $100 to do it.

The ‘Have Your Cake and Eat it, Too’ Investment Strategy

When you invest in a local business through Mainvest, like Lil Mama’s sandwich shop in Chattanooga, or Provision Coffee Roasters in Phoenix, you’re investing in real small business owners.

For as little as a $100 investment into a local small business like a brewery, cannabis business or bakery, you may earn returns quarterly as the business grows, thanks to your investment.

And if you live locally, you can sip, eat and shop to support them, too. It’s a double-dipping situation when it comes to helping your community.

Finding your next Main Street, USA investment is simple on the Mainvest website. You can sort opportunities with filters like location, industry and minority-owned shops. Each business’ page has information about their story, goals, milestones and more, so you can make the right decision about where to invest your money.

Earn Up to 3x Your Money*

Just because Mainvest works with small businesses doesn’t mean the potential for returns is small.

Offerings often target between 10% and 20% IRR on your investment (that’s a fancy-sounding way to estimate how much money you could make back).

For example, Ivyee’s Everything Honey in Boston, MA offered 1.5 times returns on investment. So if you had invested $1,000, they would have shared their quarterly revenue with you until they paid you back $1,500.

Some investments offer other perks for their investors (in addition to earning money!) like invitations to grand openings, branded merchandise or even free pizza for a year.

Growing your investment portfolio with Mainvest is a great opportunity to build passive income. When you sign up for a free account, link your bank account and choose your first local investment, you could earn money every quarter from the small businesses you support  in your community.

*All of the investment opportunities on Mainvest contain risk and it is not guaranteed that any investment will generate a return. Only invest if you can afford to lose your entire investment 

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



from The Penny Hoarder https://ift.tt/2ZxWhTb
Labels:

Comments

Post a Comment

We will appreciate it, if you leave a comment.

Popular posts from this blog

How to Ask Your Manager for Feedback (& easily impress them)

Your manager is either your greatest friend, or your biggest obstacle. No matter where your manager stands on this spectrum, getting feedback from them is going to be a valuable resource for your professional growth so this is something you should be doing consistently at work if you want to get more promotions and raises. […] Source from I Will Teach You To Be Rich https://ift.tt/XNUxhGu
Post a Comment
Read more

Best Crypto Sign-Up Bonuses and Promotions

Many cryptocurrency exchanges offer sign-up bonuses to draw potential customers. You can receive free Bitcoin or funds you can use to purchase your preferred altcoin, depending on the offer. The terms and conditions vary, from the bonus amounts to the qualifying criteria. Most exchanges will pay you a few dollars for completing your first trade. However, the more valuable promotions may allow you to receive up to $500 or more, in line with many stock brokerage bonuses . Here is a list of the sign-up bonuses covered in this article: Binance.US : $10  Coinbase: $5 Crypto.com : $50 eToro: $10 Gemini: $10 KuCoin: Up to $500 Phemex: Up to $6,500 Plynk: Up to $100 SoFi : Up to $100 Tastytrade : Up to $2,000 TradeStation : $150 Table of Contents Best Crypto Sign-Up Bonus Offers Binance.US Coinbase Crypto.com eToro Gemini   KuCoin Phemex Plynk SoFi Tastytrade TradeStation FAQs What Is the Best Crypto Sign-Up Bonus? Best Crypto Sign-Up Bon...
Post a Comment
Read more

Is a $92/Month Raise Enough for the Average Social Security Recipient?

If you’re on Social Security, you can expect your checks to increase by 5.9% in January. That’s the biggest cost-of-living adjustment recipients have seen since 1982. Here’s what that will look like for the average recipient: Retired workers will get an extra $92 a month on average, bringing the average monthly benefit to $1,657. Disabled workers will get an extra $76 a month on average, bringing the average monthly benefit to $1,358. The maximum Supplemental Security Income (SSI) benefit for individuals will increase by $47 a month, bringing the maximum monthly benefit to $841. A 5.9% COLA sounds pretty generous, considering that Social Security benefits increased by just 1.3% in 2021. But as prices for everything from groceries to housing skyrocket, will an extra $92 a month really be enough for the average retiree? Why a 5.9% COLA Isn’t Great News If you receive Social Security benefits, you may find that an extra $92 a month doesn’t stretch very far. Soaring inflation is t...
Post a Comment
Read more