It seems REZ has the right focus, but I am wondering why the return does not reflect that!
Any recommendation on other rental & healthcare focused ETFs?
I am also monitoring REZ for the same reason. Rentals and Senior RE should remain attractive for a while ..
As of the middle of 2009, this ETF has been in an uptrend. It passed its 200-day moving average during that time, and this was confirmed by its 50-day moving average shortly thereafter.
As far as future performance, like so many of these ETFs, they don't have very long track records. So, trying to figuring out how things are going to go is a bit tricky.
Right on dawg. Do you think Romney-Ryan will have the nards to go through with it though? Once the GOP takes control again in November, they will likely change their tune about cutting the deficit. Cutting the deficit via elminating tax credits is the right thing to do of course, but once these guys are in charge they won't want to do anything politically unpopular.
Will make prospective new home buyers less likely to buy (as sellers will unlikely lower prices to make up for the value of the lost tax credit and it's hard to imagine mortgage rates getting much lower). This means a renaissance for rentals, i.e., companies that focus on renting apartments will see a resurgence of demand resulting in higher vacancy rates and potentially higher monthly rental income per unit. I just bought REZ as a long-term play on this phenomenon.
Here's recent news mentioning REZ - "Fed Finally Acknowledging the Housing Market Crisis and Their Inability to Fix It" - http://topwallstreetcrime.info/REZ
Here's recent news mentioning REZ - "Govt. Created Current Historically Low Home Ownership Level" - http://trading-fundamentals.com/REZ
Ahh yes, Fat Tires are pretty good - New Belgium Brewing Company. I like their "Ranger IPA" too.
That's good advice about listening to the pros. I know a few professionals, and whenever I've gone against their advice it has usually bitten me. Take care Pongman.
Larry, I don't have as much insight as you do but I found it necessary to just take some pro advice since I need to be a little more conservative then I have been lately. Still learning.