Tag: xhb
Warren Buffett’s Betting On Homebuilders
There’s really no question – Warren Buffett’s one of the greatest investors that’s ever walked the earth. But when I heard about his $1 bet with economist Peter Orszag, I thought the Oracle of Omaha might be losing it. You see, in a CNBC interview, Buffett said he’s betting unemployment will be well below 8% […]
Buffett Turns Bullish On Homebuilders
The saying goes… Great minds think alike. So I’m feeling pretty “great” after reading Warren Buffett’s latest letter to Berkshire shareholders. You see, Mr. Buffett made the same comment about the housing market that I said to Sector ETF Trader subscribers back in October. I don’t think anyone would disagree his mind is great, so […]
More Reasons To Buy Homebuilders Now
This morning was just like every other morning. I woke up, showered, dressed, and made breakfast. Then I started my commute to the office. The drive takes anywhere between 20 to 40 minutes – depending on traffic. Every morning I listen to the local financial news radio station. It’s a great source of ideas, news, […]
Real Estate – Now’s The Time To Start Buying The Homebuilders
I’m sure many of you are wondering if I’ve lost my mind. Our financial system is teetering on the brink. Our economy is in the midst of the worst recession since the Great Depression. The markets are down more than 40% from their all time highs. And, I’m suggesting you invest your hard earned dollars […]
Homebuilder Stocks Still Not A Good Buy
Stay away from the homebuilder stocks. Mark my words. Now’s not the time to go bottom fishing in this beat up industry. Despite a rally in the S&P Homebuilding Index (XHB), now’s not the time to buy. Why am I so convinced? Because 62% of homeowners are crazy. Yes, Crazy. Let me explain myself. Just […]
