Homes Are Peaking, Stocks Are Bottoming. It’s Time to Grab This 9.9% Dividend
May 12, 2022 at 05:00 AM EDT
This wild economy has set us up with an opportunity to smartly “time” both the real estate and stock markets—and grab ourselves a hefty 9.9% dividend along the way. I’ll show you a ticker we can use to do it in a moment. But first, let’s talk about the stock/real estate “two step” I’m proposing—starting with the state of play in the housing market, which has changed a lot in the last few weeks. House Prices Look to Be Peaking It comes as a surprise to no one that house prices are on a tear these days, hitting an average of $500,000, according to the latest numbers: When most Americans buy their primary residence, they aren’t primarily focused on the sticker price; their monthly mortgage cost is what they’re really looking at.… Read more