My wife and I sold two condominiums near the tail end of 2005. We could not justify owning residences that were 40% more expensive to own than to rent. Simply put, it was time to cash in.
Due largely to my comfort with the liquidity of market-based securities, I did not wade back into the real estate investment waters until 2012. I purchased a mixed-use property in a short sale. And today, I operate Pacific Park Financial, Inc. - a Registered Investment Adviser with the SEC - from the quasi-residential location.
Here in 2014, the inevitable nature of change inspired my wife and I to list our primary home. As a home seller this time around, however, the decision to sell has had little to do with a looming real estate bubble. My 18-year-old daughter is heading off to college. Our half-Papillon mix passed away. And we do not feel
In this weekly update, I give my view of the current market environment, offer a technical analysis of the S&P 500 chart, review our weekly fundamentals-based SectorCast rankings of the ten U.S. business sectors, and then offer up some actionable trading ideas, including a sector rotation strategy using ETFs and an enhanced version using top-ranked stocks from the top-ranked
Nevertheless, when it became clear that the airliner catastrophe was most likely a mistake born of incompetence among the rag-tag rebels rather than the start of an orchestrated terrorist attack