DYK? ~3,000 new residents have already moved to Greenville in 2021. That’s 40 new Greenvillians every day. Thanks in part to all these new neighbors, Greenville is booming, from real estate to restaurants to retail. While it’s fun to cheer on all the developments, it also has us asking — how do we get a piece of the action?
Enter: Vicinity. A Greenville-based investment platform, Vicinity wants to help the whole community become local investors. (Not a Wall Street wizard? No worries.) Vicinity offers an alternative that they call the local asset class, which gives portfolio holders ownership in small businesses and real estate projects right here in Greenville. Whether investors have $100 or $100K, they can stake a claim.
The best part? Vicinity users can get involved in community investing — without dropping their life savings or watching a DIY investing strategy turn into a part-time job.
So, why invest? If the business or project is successful, there’s the opportunity for some real financial gains, in addition to the awesomeness of owning a piece of Greenville.
Since these aren’t typical stocks and bonds, the process is a little different.
Here’s how it works:
○ Create an account on Vicinity’s online portal (for free)
○ Browse live deals where you live
○ Place investments in projects of personal interest
○ eSign an agreement to make it official
○ Watch + add to your portfolio through the portal
Whether you’re an excited first-timer or a savvy veteran investor, Vicinity specializes in helping everyone understand exactly how their online portal works when you place dollars locally.
Just remember that returns are never guaranteed. Investing is risky and you could lose your money.
This new asset class gives Greenvillians the chance to be more than cheerleaders: the opportunity to become an owner in this historic growth of our city. Ⓟ
