The Stingy News Weekly (09/21/01)
The Markets This Week
DOW 30: 8,235.81 -14.26% to a P/E of 21.3
TSE 300: 6,513.13 -5.48% with a negative P/E
A bad week for sellers but a good week for buyers. Keep a lookout for bargains as they are starting to appear again.
The Value View
Dow at a P/E 20: 7,733 (-6.10%) Poor Value
Dow at a P/E 15: 5,800 (-29.6%) Fair Value
Dow at a P/E 10: 3,867 (-53.1%) Good Value
What to do with a $10k windfall
I make an appearance in this weekend's National Post with a few words on how to spend some instant wealth.
Our future stock shock: Not so great expectations
Scott Burns rehashes Bogle's take on the direction of the stock market. Look out below! Elder care cost calculator http://www.money.com/money/depts/tools/eldercarecost/eldercarecost.html Money.com has a keen calculator that helps U.S. retirees figure out how much a "home" will cost. Do you have enough to cover your medical bills?
Value loyalty highly, firms told
In an odd move the National Post has run a good story on the value of loyalty.
Buy high, don't sell
James Grant rebounds from the destruction of his office at the World Trade Center by issuing a free copy of his expensive newsletter. In this issue readers are treated to Grant's skeptical take on index investing.
Buffett says 'won't be selling'
Any other reaction from the Sage would be entirely unexpected and contrary to his investment style.
The trivia questions this week are:
The answers for last week's trivia questions are:
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