Long-term, homebuilders still beat the stock market

It’s the dawn of the middle of the last decade - January 1, 1995. Go back in time, bring $1,000 and answer this question: which will be the best investment choice for the next 12 plus years, the S&P 500, the Nasdaq or an index of homebuilding stocks. Think hard — the Internet bubble inflated the technology-tilting Nasdaq to obscene heights that the index is still far from recapturing. Homebuilders, well, that’s the popped bubble of today. And then you have the dowdy S&P 500, which remains quite close to its all-time despite the recent blow-off.

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