[quote=kev374]very bearish sentiment around here when it comes to stocks and very bullish on housing.. seems strange to me as I think if equities do poorly it will affect housing but this is a housing forum so…[/quote]
Not really bullish on housing….but…all else being equal, if one wanted to speculate and put a big sum of money on one hand between the stock market and housing when both are high beginning of this year, I would picked housing if I was still paying a làndlord each month . At least if both declined, one would still be able to live in the later. Can’t live in stocks. and I doubt housing would fall as hard and fast as the stock market can.
In fact, I would have tried to have my cake and eat it too by doing housing instead of rent, and then slowly drip whatever I had left into basket of indexes, both foreign and domestic. You know, that dollar cost average “scam” as some say, lol. Although it certainly wouldn’t allow one capture a big whale, it would have reduced exposure to a sudden in fall in the market if my timing was off
