I've been looking for safe havens, but most things that normally were safe ate not now. I was considering real-estate. At least that never goes to zero, but even that seems overpriced. Most people buy on payments. As interest rates go up, prices necessarily go down.
Housing starts are slowing down, signalling a possible recession. You might find some bargains in a few months. REITs can be a good way to invest in real estate, but like the funds in a 401K, you need to carefully decide which types of REITs look safe and which ones to avoid. For example, commercial malls have done very poorly in recent years since some shootings and also because of the obvious long term trend toward buying everything online instead of shopping in a mall. I have investments in two crowd-funded real estate companies that specialize in good quality and luxury apartments - Equity Multiple and Realty Mogul. This kind of investment is not very liquid-shares are not tradable on the market, so be aware of that. Think in terms of at least 5-7 years.
I've been generally keeping an eye on real estate in our area. In the past week or two, there suddenly seems to be more houses coming onto the market and more price reductions. We'll see if it continues and any good deals appear.
I am pretty sure my 401k doesn’t have any options for dividend paying stocks. EVERY choice is a “fund.” But I’ll through all my options again this weekend. since I left that particular job 3 years ago, I guess I can roll it all over to an IRA with more choices. 🤔
Yes, usually 401Ks just have funds. There should be a fund that emphasizes income and/or dividend stocks held in that fund. This is from AI - "Dividend funds can be broadly categorized into two types: dividend income funds and dividend growth funds. Dividend income funds aim to generate a high current yield by investing in companies that pay substantial dividends, while dividend growth funds focus on companies that have a history of consistently increasing their dividend payments. Some funds may also blend both strategies"
I've been looking for safe havens, but most things that normally were safe ate not now. I was considering real-estate. At least that never goes to zero, but even that seems overpriced. Most people buy on payments. As interest rates go up, prices necessarily go down.
Housing starts are slowing down, signalling a possible recession. You might find some bargains in a few months. REITs can be a good way to invest in real estate, but like the funds in a 401K, you need to carefully decide which types of REITs look safe and which ones to avoid. For example, commercial malls have done very poorly in recent years since some shootings and also because of the obvious long term trend toward buying everything online instead of shopping in a mall. I have investments in two crowd-funded real estate companies that specialize in good quality and luxury apartments - Equity Multiple and Realty Mogul. This kind of investment is not very liquid-shares are not tradable on the market, so be aware of that. Think in terms of at least 5-7 years.
I've been generally keeping an eye on real estate in our area. In the past week or two, there suddenly seems to be more houses coming onto the market and more price reductions. We'll see if it continues and any good deals appear.
I am pretty sure my 401k doesn’t have any options for dividend paying stocks. EVERY choice is a “fund.” But I’ll through all my options again this weekend. since I left that particular job 3 years ago, I guess I can roll it all over to an IRA with more choices. 🤔
Yes, usually 401Ks just have funds. There should be a fund that emphasizes income and/or dividend stocks held in that fund. This is from AI - "Dividend funds can be broadly categorized into two types: dividend income funds and dividend growth funds. Dividend income funds aim to generate a high current yield by investing in companies that pay substantial dividends, while dividend growth funds focus on companies that have a history of consistently increasing their dividend payments. Some funds may also blend both strategies"