Rik's Ramblings

Tuesday, September 02, 2008

Support your local Guatemalan pig farmer

MicroPlace (https://www.microplace.com/)

I think it's a great idea, though no doubt in 2years time we'll find out it's a horribly flawed concept.

What's amazing is the contrast between what you can do with a few hundred dollars investing at microplace compared with living in silicon valley.

At the weekend I made a $300 investment in my MicroPlace account, which will help two people set-up businesses (in some 3rd world country). It will also provide me a 2% return(*). Then I went to Costco and spent $500 on utter crap that I didn't really need.

I suppose I should be grateful and stop complaining about the price of Latte.

(*) Investments and returns are not guaranteed, you may not get your money back, it may even get eaten by the piglets.

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