SmartAsset.com released a review of investment for various cities in the U.S., and Phoenix came in No. 4 out of 129 cities examined.
Granted, in a tough year, the investors in the city only turned in an annual return of -3.4 percent. The report also examined portfolio volatility and post-tax returns.
Phoenix only fell behind Fairfax, Virginia; Renton, Washington; and White Plains, New…
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