Quote:
Originally Posted by dewilson58
Buy, Buy, Buy.
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No. No. No.
Remember GE.
Investing in dividend stocks cannot be the set-it-and-forget-it routine. Even utilities are not the safety nets they were once thought to be. Dominion (D) slashed its dividend by 33% in late 2020. Debt did in D’s dividend, too.
I have concerns right now about the national real estate market. Selling prices are bloated due to low inventory and bidding wars — and also due to a bigger-than-usual emotional component in this one.
Retirees who want to downsize but want to stay in their natural habitat, instead of moving far from home, are fighting it out with the first-time buyers, bidding smaller home prices up, up, up.
The real estate market has a way of growing arms and legs reaching into the overall economy. The current national RE market better breathe — before it creates a false sense of wealth tied to home equity that turns out to be phantom equity. (Will homeowners beware of banks bearing HELOCs?)
We are a nation of amnesiacs.
Cassandra Boomer