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WebUnless you are super rich, you can’t own properties in Honolulu, San Francisco, Rio, Amsterdam and all the other great cities of the world. With stocks you can not only invest in different countries, you can also invest in various sectors. A well diversified stock portfolio could very well be less volatile than a property portfolio. WebAug 14, 2013 · The city’s residents have some stake in its fortunes, true, but they do not own fractional undivided interests in the city qua corporation. You can own and trade shares of Apple, Inc. You cannot own and trade shares of Palo Alto, California. Why can’t you own a city the way you can own a for-profit corporation? smallcakes cupcakery scottsdale
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