Question by Les Ismore: What are some stocks that could benefit from the expected boom in reverse mortgages?
Reverse mortgages are expected to boom in coming years as baby boomers look to retire. Anyone know of good stocks to consider to profit from this trend?
Best answer:
Answer by Jeff C
Nothing that isn’t REALLY risky right now with the subprime mess. You need to ask this question again in six months or a year after the whole thing has settled down! There isn’t a safe harbor in mortgages until that blows over.
A list of public mortgage companies —
http://www.mortgagedaily.com/companies.asp
But I think you’d be smoking crack to touch them until subprime worries either blow up or blow over.
Another, more about unhealthy possibly safer option would be to invest in any of the big players in mortgage derivatives… Bear Stearns, Sachs, etc… But there again, you’ve got obvious exposure to the fallout from subprime mortgage debt.
I think the subprime/foreclosure issue is going to keep reverse mortgage market in limbo for some time. What retiree wants to even consider the possibility of mortgage default and foreclosure which is talked about daily in the news?!? You know the financial-planners are having a field day telling their clients to keep their money safe and secure, preferably in one of our vanilla funds or better yet a annuity life insurance product!
Add your own answer in the comments!
A handful of good condominium photos I identified:
Luxury Condominiums In Kota Kinabalu
Image by thienzieyung
I never believed I would see such an angle here from Shantung Hill. I had to stroll a couple of meters away from the major road to see this, ampoule as a nearby slope had blocked the view. I could not go in further for a greater and a lot more unobstructed view as I would be then trespassing onto personal land.
From this angle, drug 4 blocks of properly recognized condominiums in KK city can be spotted, and they all seem to be so close to every single other. Truly, the 3 blocks in front are Alam Damai and Puteri Damai, even though the two taller ones behind is the Peak Vista. Its genuinely an interesting angle from right here.
If you would like to see far more residences click right here…
