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Global stocks rise following the DOW
Topic Started: Mar 6 2013, 09:57 PM (507 Views)
BUCK
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At my age I can't take any chances of my IRA going down, so I have only one ETF in my portfolio. I think the housing market will do well over the long term because it has dumped under the Bush administration.

http://etfs.morningstar.com/quote?TimeFrame=D1&t=ITB
Edited by BUCK, Mar 6 2013, 11:41 PM.
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Thumper
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BUCK
Mar 6 2013, 11:37 PM
At my age I can't take any chances of my IRA going down, so I have only one ETF in my portfolio. I think the housing market will do well over the long term because is has dumped quit a bit in the past.

http://etfs.morningstar.com/quote?TimeFrame=D1&t=ITB
At your age, it isn't even wise to buy green bananas. :teeth:
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tomdrobin
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Thumper
Mar 6 2013, 10:30 PM
Looks like a big real estate bubble in China.
I saw the piece on that. I think it was 60 minutes.

My first thought was they have all those unoccupied buildings, we have all these homeless people. An opportunity for a win win.
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Neutral
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China has homeless too.
That piece was amazing to me, all those beautiful buildings just sitting there.
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Pat
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tomdrobin
Mar 6 2013, 11:53 PM
Thumper
Mar 6 2013, 10:30 PM
Looks like a big real estate bubble in China.
I saw the piece on that. I think it was 60 minutes.

My first thought was they have all those unoccupied buildings, we have all these homeless people. An opportunity for a win win.
Export the homeless to China? I doubt they will get away Scot free without being productive. But it might be worthy of consideration. Off-shoring homeless, how novel.
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Berton
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Thumper
Mar 6 2013, 09:57 PM
Amazing what a tiny cut in the Federal budget will do for the economy.

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