To: Johnny Shear
the average pe is way too high...stocks may still correct... bobbrinker.com says a pe of 44 or 45 avg. is more in line...you have more folks than ever in the market, and the price of stocks is way up. so, with aaa rated govt. bonds, who run the scheme, cause they can control the money supply, you are more assured of security, even if it is only 6% or so. see what warren buffet is doing. only my opinion.
11 posted on
05/17/2002 6:22:32 PM PDT by
galt-jw
To: galt-jw
BTW, Warren BUffet is a socialist who is also a hypocrite.
He is a brilliant man who sold out of the Korean Currency speculation market when it was about to tank and then repeated his formula when it was on the rise.
I have read most of his books but people should be wary of people that practice pure capitalism for themselves and preach socialism to the masses.
I loved his spiel about how great the estate tax is while HIS estate is EXEMPT from taxation. He speakith with a forked tongue. :D
13 posted on
05/17/2002 6:53:59 PM PDT by
Arioch7
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