John DeMoss is president of DeMoss Capital
Tom Francescon of DeMoss CapitalThe stock market can be a roller coaster, and savings accounts often lose value to inflation.
To counter the cyclical trends that propel the value of investments up to the heavens before sending them into a tailspin, John DeMoss, founder of Chattanooga-based DeMoss Capital, has a new solution.
Invest locally.
A $6 million fund launched with new adviser Tom Francescon will offer clients the chance to buy into Chattanooga-area real estate and investment deals previously only open to the very rich.
“If you can’t get outside of public markets, it’s difficult to get truly diversified,” DeMoss said. “There are pieces of real estate here that are available and businesses that are very profitable.”