You can see in my chart below the index would need to fall by 38% based on yesterday’s closing value to trade at a normalized valuation.
Doing as well as the S&P 500, or the market, is a double-edged sword. Receiving market performance guarantees you’ll never beat it.
Believe me you’ll want to beat it when it crashes, because the grief from losses far outweighs the jubilation from gains.
Originally posted on Yoursurvivalguy.com.
Latest posts by E.J. Smith (see all)
- America Has a Problem, and Calvin Coolidge Predicted it Back in 1925 - May 21, 2019
- Social Security Scams - May 20, 2019
- Yay, Yay Claude Monet, Part II - May 17, 2019