Contrary to what some of its adherents imply, PE10 will not see you dive effortlessly in and out of the market like a seagull stealing chips. But it’s a useful tool nonetheless.
Browsing: Investing
Make your money work harder, in the stock market and elsewhere
After a storming year, gilt funds must surely fall as interest rates rise. Should passive investors adjust their asset allocation to avoid losses?
Analysts, journalists and private investors often talk about the market being cheap or expensive on a P/E basis. What do they mean?
Are shares cheap, you ask? “Compared to what?” is my first reply.
