Friday, October 18, 2024

Valuation continue to improve since the year 2000; We have a long way to go before stocks are on the give-away-table!

 

The

Grinding Down

Of Market Valuation!

DYI:  Caution stocks held today or purchased today on a whole sale basis – S&P 500 fund or generalized growth fund – for monies placed today – go to sleep like Rip Van Winkle – 10 years from now your expected (estimated) average annual return will be – drum roll please – NEGATIVE 1.49 percent!

How to compute this estimated return here is the link to money chimp .com 

Here is the link:  http://www.moneychimp.com/features/market_predictor.htm

Stats as of 9-26-2024

Shiller PE 36.75

Long term average for Shiller PE since 1871 is 17.16

Current S&P 500 dividend yield is 1.26%



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