Thanks Igy, I will digest that later. I feel the same way about them being akin to bonds, and overpriced at the moment, and I don't fancy the utilities' exposure to regulation.
I will only do maybe 1 more RE venture, I'm looking at one more property--then, who knows. I would still like to get back in at reasonable levels, it's just so easy.
agip, I have long considered many social programs to represent extreme malinvestment--not because of what they aim to do, but due to how they are run. The bureaucracy is incompetent, and will remain largely intact after Trump takes the reins.
However, policy does play a roll, especially policy that is implemented with the cancellation of line items. That kind of surgical strike may actually be achievable this time around if the House cooperates. This administration needs to pay less attention to changing how things are done, and focus more on what should be done and what should not be done.
Take, for instance, NPR. It's been hugely biased for many years now, and shouldn't be funded in its current form. The question becomes do you try to change the form (i.e. the NPR culture), or do you just eliminate the funding? Obviously the latter, as it's AT LEAST a sticky wicket to try to change such a culture. The same applies to a long laundry list of things.
Hopefully fiscal deficits run by Trump will result in more real economic growth than have those run by Obama, who had to resort to fudging the numbers to make it look anything like a success. I don't really think it can get much worse, so I would prefer Trump deficits to Obama deficits any day.