Milwaukee Journal Sentinel Investment Trends column [Milwaukee Journal Sentinel]
By Investment Trends, Milwaukee Journal Sentinel | |
McClatchy-Tribune Information Services |
Existing home sales in February were 10.2% higher than in the same month a year earlier, according to the
Meanwhile, residential housing prices rose for the 12th consecutive month, the group said.
Real estate agents and home builders are telling managers at
Most believe the real estate low was either in fourth quarter 2011 or first quarter 2012, said
"We see a renaissance in the U.S. economy and a lot of prosperous years ahead of us," <person>Tom Portz said.
That makes for opportunities in real estate, he said.
One way investors can seize them is to invest in a real estate mutual fund if it is offered in their 401(k) or other retirement plans,
"You don't want to put all your money there, but it would be a good fit for 5% to 10% of a portfolio," he said.
iShares
This ETF offers a quality way to invest in real estate because it provides instant diversification,
The biggest risk with this ETF is the possibility of an economic slowdown that would adversely affect employment and housing, he said.
The iShares
The company is more than 50 years old, has more than 15% share of the market, and may well be a survivor, he said. MGIC is booking about
But it is not without risks.
MGIC shares traded below
Economic troubles could send MGIC shares back into the cellar, and there is always a threat that legislators will change the landscape the company competes in,
Still, MGIC recently settled a dispute with mortgage finance company
Barclay's upgraded MGIC shares and raised its price target to
"This is a stock that has potential but also risk for significant losses under the wrong scenario. So it should be a portfolio position, perhaps one-half percent to 1%,"
MGIC is trading in a 52-week range of
ABOUT THIS
___
(c)2013 the Milwaukee Journal Sentinel
Visit the Milwaukee Journal Sentinel at www.jsonline.com
Distributed by MCT Information Services
Wordcount: | 705 |
Valdosta Shared Office Space [The Valdosta Daily Times, Ga.]
A.M. Best Upgrades Issuer Credit Rating of PT Asuransi Jasa Indonesia (Persero) [Professional Services Close – Up]
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News