Posted: 10/26/2006 9:54:09 AM EDT
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I need an Energy and a Housing stock for my portfolio. Does anyone have any suggestions? Also, if you dont own it, please dont mention it. |
right now i would be diversified on both fronts... a single position is not a good idea in either of those markets at this point in their respective cycles. for energy, gas and NG are way down, and if the winter is "light" NG will be down even further. hurricane season ends in a few weeks and there has been ZERO risk to the gulf infrastructure. for RE, REITs are probably going to get skinned for a bit longer, so i'd go with a more commercial real estate approach. again, concentration in RE at this time is not recommended unless you have an iron stomach and are a contrarian to the bitter end. so... for RE, i'd pick a concentrated RE fund with little REIT exposure, a lot of commercial, and some international to balance things out -> TAREX. (*) for energy, i'd pick a mid-cap fund with a higher than normal concentration in energy but not a pure enerygy play --> FLVCX. (*) stockcharts.com/charts/performance/perf.html?TAREX,FLVCX note: move the slider at the bottom from 200days LEFT out to the max on the right side. ar-jedi disclosure (*) i own these and they have treated me very well over the past few years. |