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)
- Dividends Win Today, They Won Yesterday, and They’ll Probably Win Tomorrow - September 13, 2019
- Trump’s Plan to Finally Privatize the Mortgage Industry - September 12, 2019
- You Can Kiss Your Savings Goodbye if this Happens - September 11, 2019