Florida City Named No. 1 ‘Growth Frontier’ for Investors
If you’ve ever loved a Florida city so much that you wanted to invest in it, then you aren’t alone. There are certain “growth frontier” cities that people are so passionate about, they really wish they could lay down some bucks and invest in those special places. Now, a new study looks at growth frontiers and goldmines for investors when it comes to cities, and one Florida city is the best growth frontier in America.
Cities That Count As a ‘Growth Frontier’
The website TheStockDork.com has put together a list of the most investable cities in America. They conducted a survey of 3,000 investors to find out which cities they would most want to invest in if those cities were actually publicly traded shares. The idea behind The Stock Dork is a website for new investors, written by experts in the field. In other words, their material is simpler and easier to digest, so a newer investor can understand it. “We believe in simplified content that does not discourage beginners and offers easier ways to understand complex issues,” they state on their about page. They add, “By teaching you the ins and outs of investing in stocks and other assets, we aim to help you get one step closer to financial freedom.”
Before we get to Florida, let’s look at a few other cities that reached the top of The Stock Dork’s list. Coming in at No. 3 is Boston, Massachusetts. They make the cut because investors love their quality educational institutions and healthcare sector. “As a historical city, it also benefits from tourism and a rich cultural heritage,” the study states. “Investment in Boston could be seen as investing in intellectual capital and innovation, with the potential for spillover benefits from research and development in technology, biotechnology, and healthcare sectors.” No. 4 on the tally is Albany, New York, and No. 5 is Coral Springs, Florida.
Now, let’s move to Florida. The No. 1 city that’s a growth frontier for investors is Jacksonville. Why did investors go with that city? “Jacksonville offers a unique investment appeal due to its extensive port facilities, which make it a key player in maritime trade,” the study says. Florida also has the No. 2 city on the list with Fort Lauderdale. There, investors loved the city’s “beautiful beaches, boating canals, and vibrant tourism industry.” I think those are great choices, and it’s refreshing to see the Sunshine State given some kudos.