In a previous note I mentioned that index valuation is a terrible market timing tool but questions about the valuation of the S&P 500 keep coming up. For example, people will send me charts like these from JP Morgan’s Guide to the Markets and make the point that the price to earnings (P/E) ratio for the S&P 500 today is too high and they’re waiting for a better time to invest.
When it comes to writing about investments, the disclaimers are important. Past performance is not indicative of future returns, my opinions are not necessarily those of TSA Wealth Management and this is not intended to be personalized legal, accounting, or tax advice etc.
When it comes to writing about investments, the disclaimers are important. Past performance is not indicative of future returns, my opinions are not necessarily those of TSA Wealth Management and this is not intended to be personalized legal, accounting, or tax advice etc.
For additional disclaimers associated with TSA Wealth Management please visit https://tsawm.com/disclosure or find TSA Wealth Management's Form CRS at https://adviserinfo.sec.gov/firm/summary/323123