Disclaimer

The purpose of this blog is only to serve as a forum for expressing my opinions related to investing, and for others to comment, if they choose. Anyone who uses any such opinions or comments, does so at their own risk, as everyone's situation is unique, and what might be appropriate for one person, might not be for another.

Comment on Housing

There does seem to be a slowdown underway in the current housing boom. I suspect the slowdown is a precursor for worse things ahead for housing, and since housing is such a big part of our economy, would have a direct impact on our economy.

Generally speaking, such a scenario is not good for the stock market, but I stick with my approach of buying stocks in companies which are resistant to economic cycles, pay good dividends and have a history of raising them annually, the only caveat being to make sure one maintains a good reserve of cash to be able to add to such positions if bargains present themselves. Further, all my recommended stocks are financially strong, SLE being the least so, so I would monitor that one most closely.