This week we dig into the Maryland Neighborhood Exchange thanks to a tip from local investing guru Michael Shuman. Shuman mentions in his recent newsletter that the exchange has attracted 6,000 investors who have invested in 44 businesses in less than 3 years. The total capital raised has topped $3.3M and shows no signs of stopping. We discuss several insights from the results so far and explain how the changing regulations have set the stage for this new rush on local investing.
Michael Shuman's Website (you can sign up for his newsletter here):
Michael's Book Put your money where your life is