Keep in mind that intrinsic value drives the capital appropriation decision at least as much as danger tolerance.For over a century, the S&P 500 (and its antecedents) have actually reverted to a mean of about 16.5 times profits.
It appears possible to rather predict your 20-year financial investment return from the current index P/E ratio. See my ancient post on the topic: http://www.spinoffprofiles.com/proofLikeLike
Keep in mind that intrinsic value drives the capital appropriation decision at least as much as danger tolerance.For over a
century, the S&P 500 (and its antecedents) have actually reverted to a mean of about 16.5 times profits.
It appears possible to rather predict your
20-year financial investment return from the current index P/E ratio.
See my ancient post on the topic: http://www.spinoffprofiles.com/proofLikeLike
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