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My original idea that houses were built with lumber has shown me that there is a greater correlation with lumber and trade politics than with building. What has anyone found to be a good investment in the current housing market?
Housing and/or real estate are different critters sharing some of the same world, eh?
Many of the better real estates funds at this time have YTD returns in the +6 thru +11%. Housing/construction, on the other hand, indicate flat thru +2% YTD. Most real estate funds are property related, while construction/housing is the builders/suppliers to the housing market (Home Depot, etc.)
The first link below is for Fidelity's Construction and Housing fund.
We've invested in construction/housing several years ago, but all real estate holdings at this time are real estate funds, being about 12% of our total investments.
Our 2 cents worth of thought.
A quick overview. We are about 50/50 equity and bonds for our overall portfolio.
For the equity portion, about 25% of the total equity value are these 3 real estate funds.... FRIFX , BRUIX and DPRRX. The last two are in accounts outside of Fidelity and the only choices available. These 2 accounts will be transitioned to Fidelity in the near future. These monies will likely go to FRIFX and FREL barring a market burn. 'Course, at Fido via our brokerage feature; we are able to travel most anywhere for real estate choices. Note: FREL has an expense of .08%
Our bond portfolio is overwhelmingly in investment grade bonds at this time being mainly corporate with some U.S. gov't. mixed. We don't directly hold any foreign, high yield or emerging market bonds.