I’ve saved up some amount of cash, but family is poor and hasn’t had useful advice. I feel like the stock market hasn’t been great for society, but surely there are some causes who would use the capital for good (and give it back when I need it later)? I have a half remembered portfolio from a previous union with a big war chest, but it doesn’t feel actionable.
I’m in North America + UK; but answers globally I think are interesting.
Are there any local financial cooperatives?
At home there’s a cooperative that’s for small scale local farmers and small businesses to be able to get loans. Money invested only makes itself back at the rate of inflation plus a tiny amount.
It helps local small businesses, and is better than having it in a bank :-)