I had a blast while being on Money Talk with Melanie

I had a great time speaking with Melanie about local investing deals and my book; Invest Local.

Check out the broadcast here

Get your own copy of Invest Local or sing up for my Local Investing Course.

Order the Softcover Book

Buy a .pdf copy of Invest Local

Also Available from Amazon.com, Amazon.ca in Softcover or Kindle.

[VIEWER QUESTION] Does owning gold secure your financial well-being?

This week I answer another question, this time about personal wealth.

A viewer wants to know if I think owning gold will secure a person's financial well-being.

Of course precious metals are only one of the eight asset classes of the wealthy and to protect yourself, you want to have exposure to as many as you can.

To learn more about the eight asset classes of the wealthy, ready my book, Invest Local

Get Invest Local Now. $10.

The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Sign up for my mailing list and don't miss a thing! [CLICK NOW]

[AUDIO] Listen to a great interview I did about local investing and my new course.

I appeared recently on the Financial Survival Network with Kerry Lutz and did an interview about local investing and my new course, 'How to do Small Local Investing Deals from A-Z'

Check out the interview [CLICK]

Sign up and take the course here [CLICK] 

Or buy the book' Invest Local. Only $10

[VIDEO] News: Square raises more cash to increase its merchant cash advance lending business

Square, the credit card processor that fits into your smartphone has been an easy to deal with supplier to small businesses.  Many of whom have had difficulty in the past getting credit card merchant accounts.

Square is now taking advantage of this relationship with small business to grow their merchant cash advance lending business.

Entrepreneur.com reports:

Square, the Silicon Valley payments company, is expanding its loan program to small businesses. The company announced on Tuesday that Square Capital, its loan-making division, has raised an additional investment from previous backer, Chicago-based Victory Park Capital (which tripled its original investments) and new investor Colchic Capital.Square, co-founded by Twitter’s Jack Dorsey, says that its Capital arm has been growing at a fast clip. It has loaned more than $100 million to more than 20,000 businesses over the past year. In April, Square Capital advanced nearly $25 million in capital.

This is big news for small businesses but also serves to highlight the magnitude of the small business lending opportunity that I explore in my book Invest Local.

If you forget how merchant cash advance works, check out this video from last fall.

New interview today with Kerry Lutz about Invest Local

I took a few minutes yesterday to record an interview with Kerry Lutz from Financial Survival Network.  The interview aired today.


http://financialsurvivalnetwork.com/2015/02/dave-barnett-keep-investing-locally-and-profitably/

The link to listen is just below my photo on the page.

[AUDIO] Loan updates and financing the painter's receivable

I give an update on the loans I did over the last few months as well as discuss financing the receivable of a painting contractor.



InvestLocalBook.com is the blogsite for Invest Local, a book about local investing deals such as loans, leases, inventory financing, receivables financing and more to small businesses and people.

Specific Knowledge is key to finding deals others cannot.

I discuss a topic brought up by a message from an accountant who read invest local.  Use your own special 'force' to find deals others cannot or would not do.

Disappointing WSJ article

I often do searches for news on local investing.  Usually so I can post comments to promote my book ;)

I came across this Wall St. Journal article about local investing.

The Payoffs of Investing Locally It can be worth it both financially and personally, but there are risks.

To paraphrase the article:

1. Local investing is done to make you feel good.
2. Local investing is risky.
3. Local investing gives poor returns.
4. Local investing is akin to supporting local charity.

The article sucks.

I invest locally to:

1. Reduce my systemic risk.
2. Invest in things I can actually keep my eye on.
3. Invest in companies in which I can meet the main stakeholders and evaluate them.
4. Make lots of $$$$ and High %%%% !!!!!

Then I realized that this article comes from the 'belly of the beast' so to speak, Wall St.

Their interest is that you keep shoveling money into the mutual funds that advertise in their pages.

Critical thinking should always be top of mind when considering anything you read.  Even this post.

Enjoy and have a great weekend.

dave

I'm flattered, someone is trying to use my book to scam people...

Wow, online pirates must think that I've got a pretty big following since they're trying to use my book to scam people into downloading their viruses!

Check out what I recently found online...

I hope nobody tries to get the book free this way.  I did and my virus protection software went crazy with warnings.  You'll get lots of malware if you click the link.

The best way to get Invest Local is to buy it from Amazon or this site https://gum.co/quoB

Gumroad is a reputable online retailer of digital content.  When you buy my book from Gumroad, you'll be notified if there is ever a revision and you can get the updated copy free.

Thanks

Dave

New radio appearance talking about Invest Local

I was lucky enough to be invited to give an interview on Financial Survival Network this week.

Check out the interview on www.FinancialSurvivalNetwork.com (direct link)

See what kind words Kerry had to say about the book and why he feels that local investing is so crucial for the future of local communities.

enjoy