Today, I’m not sharing a Devin’s Impact Pick of the Week for a reason that surprised me!
For the week, there were exactly zero new offerings we found with a minimum investment under $200. Our cap for DIPW consideration is $151. Zero eligible offerings. That was in large part due to the Labor Day weekend and the resulting short week, which saw far fewer new offerings than normal.
Let me explain my logic for capping the DIPW at $151. That sounds like a capricious number—and it kinda is. My goal is to make sure that everyday investors can participate in impact investing. That means I like to find offerings with a minimum investment of around $100 or less (I love that Climatize still allows investments of just $10—and manages to have an average reported investment of around $5,000 anyway!).
Well. I had to decide what the largest number is that I would consider to be around $100. I settled on $151.
Let me go a bit deeper with you.
Why should anyone consider investing only $100?
The average net …