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Re: "Last Time US Stocks Were So Expensive, This Happened" 

By: Zimbler0 in POPE IV | Recommend this post (1)
Sat, 04 Mar 17 2:15 AM | 68 view(s)
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Msg. 21940 of 47202
(This msg. is a reply to 21910 by capt_nemo)

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>>
The last time they were this expensive was early 2002, or 15 years ago.
>>

Actually,
2002 was not a bad time for buying stocks.
2003 turned out to be a decent year for my portfolios.

(The party was going good after that, till the 2008
sub-prime melt down got started.)

Zim.




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The above is a reply to the following message:
"Last Time US Stocks Were So Expensive, This Happened"
By: capt_nemo
in POPE IV
Fri, 03 Mar 17 8:33 AM
Msg. 21910 of 47202

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The best argument for avoiding US stocks is simple: valuation. Using the Shiller PE Ratio (price divided by a 10 year lookback at earnings), domestic equities trade for 29.9x earnings versus a long run average of 16.7x. The last time they were this expensive was early 2002, or 15 years ago.

http://www.zerohedge.com/news/2017-03-02/last-time-us-stocks-were-so-expensive-happened


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