Not if you listen to John Bogle. The chart below shows that changing P/E's account for the smallest part of total return. You wonder why everyone is so obsessed with them???
Note: these are US stock returns.
Here is an interesting blog post here on the above.
Saturday, October 18, 2014
Thursday, October 9, 2014
This a new exciting service backed by Google. It is a stock broker with zero commissions (or brokerage fees). It is US-based and invite only at this stage. Interestingly, the only place you can trade through Robinhood is on an iOS device.
The company's mission is:
to democratize access to the financial markets using technology that was once reserved for the wealthy.
It was started by two former roommates at Stanford that were working in the HFT (high frequency trading) game and realised that individuals are paying way too much to trade securities.
Hopefully one day we can have zero commissions here in South Africa... Or is that just a pipe dream?
Check out the company here. Here is the video:
Monday, October 6, 2014
I often get amazed at new services that are offered online. I came across one called Stamplay. It is arguably a new shift in the direction of making powerful dynamic web design accessible to the average user. It is not just simply a service that let's you drag and drop and add a couple of widgets. It is so much more. A taste is presented in the 5 minute video below. Here is also a news clip on the service.