Is microfinance a smart way to park your savings?
theantidote: Maybe invest $100-200 in microloans but Kiva at least doesn't pay you any interest on the loans. I don't know about the other two organizations. These are different from charities in that they aren't tax deductible so if that's important for you then look elsewhere.I heard some advice on the radio the other day: invest your age in bonds. So a 40 year old would put 40% of their invesments into bonds. Bonds are slow but reliable sources of income and are basically the same as a loan to a large corporation. Try that if you're looking to back loans and earn interest.