Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries How to Buy Mammoth Yields at Half the Cost of the Market By: Contrarian Outlook February 25, 2022 at 04:00 AM EST The S&P 500 is about as pricey as it ever gets. It’s also in freefall as I write. This is good news for anyone looking for a future bargain. The plunge, however, is really bad news for most retirees who don’t read this column. They tend to own nothing except “America’s ticker” via the SPDR S&P 500 Trust ETF (SPY) . At 24-times earnings (P/E ratio), SPY is expensive. After all, who has 24 years to wait to get paid back? But the actual payback period is even worse for SPY. Most of its firms don’t pay out all of their profits as dividends.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
How to Buy Mammoth Yields at Half the Cost of the Market By: Contrarian Outlook February 25, 2022 at 04:00 AM EST The S&P 500 is about as pricey as it ever gets. It’s also in freefall as I write. This is good news for anyone looking for a future bargain. The plunge, however, is really bad news for most retirees who don’t read this column. They tend to own nothing except “America’s ticker” via the SPDR S&P 500 Trust ETF (SPY) . At 24-times earnings (P/E ratio), SPY is expensive. After all, who has 24 years to wait to get paid back? But the actual payback period is even worse for SPY. Most of its firms don’t pay out all of their profits as dividends.… Read more Read More >>