Friday, September 9, 2011

With the ongoing credit crisis and housing slump do you think it would be a good time to invest ?

I've noticed some of the homebuilders and mortgage lenders stocks have plummeted by more than 1/2 their value and in some case more.|||Depends on what you want to invest in. Or how.|||I'd wait a bit longer-- some of the lenders, especially, are in real trouble. Obviously, it would be great to get in while their stocks are low, but not if the companies might fail altogether. Also, it seems like many analysts think the housing slump might last for a little while. I'd keep your eye on the stocks you are interested in for a little while longer before investing.|||no.





these things take much more time to work out than has passed up to now. i subscribe to a newsletter that had started to forecast as early as march 2006 that a massive housing slump was coming. they had analyzed data forward from the summer 2005 peak and concluded that this was the likely outcome, and that it could take much longer than anyone would have thought. with billions in mortgage resets still set to happen in 2008, and the growing concern into consumer and auto loans, i wouldn't even think about bottom fishing until 2009, even 2010...

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