Sunday, September 28, 2008

Investing in the Current Market

This week at Shul the Rabbi passed on his weekly speaking spot to give a member of Lman Achai and opportunity to speak. They are a local organization that runs 25 different programs to help people out of poverty and prevent people from falling into poverty. One of the programs they offer is a loan gemach. They are looking to have people loan money to the Gemach.

As with Israel bond speaches part of his pitch is to establish the financial benefits from such an invetsment. He promissed that anyone who loans money to the gemach was 100% gaurenteed a 0% return on their investment. This was significantly higher than the return for keeping cash in US dollars over the last year.

It beats having to listen to an Israeli bond speach.

No comments: