Housing Stocks Beating Mr. Markethttp://www.fool.com/investing/general/2008/02/29/housing-stocks-beating-mr-market.aspx Sham Gad
February 29, 2008
Mr. Market is one interesting fellow indeed. While the headlines remain pessimistic on housing and the consumer, Mr. Market seems to be ignoring the noise -- the housing industry is actually one of the best-performing industries so far in 2008. (Imagine that.)
Consider the following chart:
Two months is an awfully short period of time to derive any meaningful data, but the numbers do provide an example of why to stay business-focused. The overall state of an industry plays an important role in your investments, but if you wait until the newspapers are giving you good news before investing, you are likely to miss out on some very meaningful gains.
The market remains the same