The Hidden Boom Within the Housing Boom
The U.S. housing boom is alive and well.
Per the St. Louis Federal Reserve data, 2017 should see more houses built than last year. In fact, this will be the most houses built in the last decade. The rebound began in 2009 and continued every year since then.
As you would imagine, it’s a boom in lumber too. Look at the chart below:
The iShares Global Timber & Forestry ETF (Nasdaq: WOOD) is up 66% since February 2016. The trend is in place.
And while you can own WOOD and do fine, readers of my Real Wealth Strategist newsletter are doing better. They own a stock that pays them a dividend on lumber sales and can go up with the trend … a double bonus for their investment.
Editor, Real Wealth Strategist