So I have been sittin around saying I want to buy some more real estate but I think we are at or near the peak of the market. And I dont want to get stuck with an overpriced building that might become difficult to unload. One of the big problems with real estate investing is Liquidity. The ability to sell fast. Right now in a hot market its quite easy to unload a property but in a slow market it is not uncommon for it to take 6 months to a year to sell a house. So I got to thinking more about Real estate investment trust which pay fat dividends and have been rocking right along witht he houseing market. You can buy it on margin so you can get some leverage similar to a home loan and current rates for me are about 5% similar ot a fixed mortgage price.
So I have decided even though it is quite late in the game to start picking up
IYR the iShares Dow Jones US Real Estate ETF
I have also been loading up on
XLU Utilities ETF
it is having a very nice run adn pays a nice 3% dividend while I wait.
Other things am watching are
EENC OVEN TWX and waiting to get back in to my old long and steady winner.
And if MIX gets back to 7 bucks i will prolly load up again
