The Benefits of Local Investing
There are numerous reasons to invest locally. One reason is to make good returns by investing in long term, good businesses and commercial properties on the North Shore. Another is that you are improving the local community which provides a return above and beyond conventional investing. More than half of the U.S economy is comprised of locally owned businesses.
Investing locally adds diversification to one’s profile, which is a way of spreading investments, to lower exposure. By balancing risk exposure, your portfolio will be less vulnerable to market volatility. By adding this diversification, you will capture another asset class such as real estate that has historically been a lower risk and good-performing asset.