A Mexican immigrant, Victor worked for a coffee shop in the U.S. for 7 years and then tried to start his own shop. Turned down by conventional lenders due to a lack of credit history, he obtained a $5,000 loan from the microfinance organization Kiva.org. Five years later, he now has three thriving shops.
Whether you collect fine wine or folk art, baseball cards or bone china, comic books or classic cars, valuation can be a tricky business. Market fluctuations, economic conditions, popular trends, and the course of history can all influence whether a collection accrues value as an investment, or retains more sentimental than monetary value over the years.
In a few short years, it seems as though the banking industry has revolutionized. It is now easier (and more convenient than ever) to tend to your banking needs, all from the comforts of your pajamas. Gone are the notions of banking hours, and the never-ending lines when you want to deposit your paycheck.
Socially responsible companies balance business concerns like revenue and profit with social concerns like the environment, community benefits, and sustainability. Likewise, socially responsible investing considers both financial return and social/environmental contribution to bring about a positive change.
Planning a vacation can be exciting. What can be equally exciting is taking a vacation that you know isn’t going to cost a mint, which lets you choose where you want to splurge (e.g., dinner at a Michelin-star restaurant, a luxurious spa day, or a helicopter ride over a volcanic crater) without paying top dollar for the entire trip.