Home Forums Miscellaneous Topics Stock Market and Investing Where do you have your money now? What's your next move? When ...?

It's my understanding the S&P is valued at 50 times earnings... a realistic/profitable number is 15 times earnings....
Add into this companies going woke and broke doesn't bode well for the stock market.
Our currency is on the verge of collapse, the petro dollar is over and trillions of USD will come flooding home soon.
Best invest in real things, think commodities, income producing real estate etc.... if the BRICS establish a gold backed exchange , precious metals will skyrocket.

If you are talking about the 12 month trailing P/E of the S&P 500 index, WSJ has it at 18.12 as of 4/6/23, down from 25.57 a year ago.
https://www.wsj.com/market-data/stocks/peyields

Another source put it at 21.94 as of 4/6/23. It also shows an index mean of 16 and a median of 14.93
https://www.multpl.com/s-p-500-pe-ratio

It’s still high but coming back down to earth. I think that is because interest rates give people better risk-free alternatives to park their cash and because cash-burning growth companies that need to borrow money at higher rates are much riskier now. Companies that supply stuff that people need are still going to be fine.

I am putting money into

ABML

Aquametals


Lithium recycling.

Green Giant moves crazy up and down 4 trading.


ZIM is also an interesting deal.

Divedends are very high.

Sold off what I had left in TRTN to take advantage of the pop in its price. Bought BBAI as a cheap spec.

Cash , real estate , and precious metals. Less than 10% of my assets in dividend stocks.

Well said.

Looking into the details, however, reveals the interesting stuff.

https://www.yardeni.com/pub/stockmktperatio.pdf

Looking at the P/E's, the large cap (think flight to safety) is still fairly lofty both in real and historical terms. Not nutzo anymore, but still pretty pricey in a 5% inflation environment.

S&P Small cap P/E's are a different story (think flight from risk) and have really cratered over the last year or so, pretty much cut in half to well under 15. The notable part is that the S&P small caps have significantly lower P/E's than their Russel 2000 counterparts/..

Lead, Primers , Powder and Brass .

Google said 21.76 today......

https://www.multpl.com/s-p-500-pe-ratio

I'm moving all my retirement investments away from woke financial companies. Finished with my 2 stock investment companies, just waiting for CD maturity to finish.

Sold off a couple of turds because they weren't performing as I had hoped. Sold CEIX and IP. Bought THC and DANOY bolstering their positions and also bought KBH, PHM, and TOL.

I have been all in on big tech since 1994; msft, goog, amzn.

My father was mostly msft.
My son is all amzn and goog from stock options.
My brother is big tech.
My sister is big pharma.
A friend of mine is big pharma from stock options.

Everyone's next move is to die, so their heirs can sell the stocks without paying capitol gains.

Tobacco stocks.

Tobacco is legal, nicotine is addictive, and the gross profit margin is in the neighborhood of 50%.

So who and what has been their recent performance?

MO, PM and BTI all do pretty well and pay good dividends. MO is one of the 30 best stocks over the past 30 years. See https://www.kiplinger.com/investing/stocks/603777/30-best-stocks-of-the-past-30-years

Sold CRWD, it was fun but it's rolling over. Bought BAESY and DANOY to replace it.

I sold BA, PACW and NAT last week because they were rolling over in their price. Got rid of PACW because things weren't looking good and pretty much traded it for NYCB straight up.Bought some more Meta to bolster its position, also bought BMWYY, MGM, GOLD, KGC, and KTOS. I'll revisit BA when its price becomes more attractive.

Good move on the PACW!!!

Sold AAPL for a very nice profit. It was bumping up against previous highs, also it appears that AI related stocks are making a bubble. I thought I would git while the gittin' was good. Bought COF, perhaps to follow Warren's lead. Just sitting on the rest of proceeds to see where the market goes.

Sorry I've been away from this thread. I had my shopping list out. I bought ORCL. AMZN, CRM, GOOGL and INTC. Sold KGC and DVN today.

I am close to retirement. My wife and I have over a 1/3 in CDs some in an interest stable value fund and the rest in mutual funds. I bought a 3 month CD yesterday with her IRA cash at 5.35. I have a couple of stocks that are up I should sell and buy a CD with. Above 5% I am happy with CDs.