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Smartmoney.com: Ahead of the Curve: Basic Advice for 2004

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Smartmoney.com: Ahead of the Curve: Basic Advice for 2004
Topic: Markets & Investing 7:48 pm EST, Jan 17, 2004

] And don't worry about valuations. Even with the market up
] almost 29% last year, stocks are actually about as cheap
] today as they were one year ago. Sure, prices are higher.
] But the earnings that you can buy for those prices are
] higher, too. Forecasted S&P 500 earnings are up 13%
] year-over-year.
] ...
] If you buy the optimistic core of my analysis, then it's easy to figure out
] what to do. Buy stocks. Buy the most volatile stocks you can find. The
] low-priced tech stocks that led the charge last year will probably do
] it again. Risk is good.

I want whatever he is on...cause he thinks he is back in 1999.

Smartmoney.com: Ahead of the Curve: Basic Advice for 2004



 
 
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