New Issue of RWWNL

Has anyone looked at the S&P lately.  They have some really nice companies that you might consider investing in.  One should know that the current price to earnings ratio in this index currently stands at over 40.  What this means is that the price of the stock divided by its annual earnings is over 40.  Would you really invest in a company that would take 40 years to return the money that you paid for it?  And most of these companies are not even paying a dividend.  If earnings go down, it will even take longer.  The market is not really a friend to the current investor.  Be careful out there. (02/10/02)


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