Bulldog Financial Coaching

04/05/2021

Are stock prices too high right now? Are they due for a crash? The Price to Earnings ratio (PE) gives us an idea.

So what is the current PE ratio for the S&P 500. Well, it’s 45.45. That means stocks are very expensive now, and must eventually come down. To give you an idea of just how high the current PE is, here’s some historical background.

“From 1973 to 1985, the P/E ratio tracked close to 10x. After 1985, the P/E ratio drifted upwards until 1992, reaching 25.93x before falling back to 14.89x in 1995. The S&P 500 P/E ratio as of June 1, 2017 was 25.7x, which is 32.47% higher than the historical average of 19.4x.”

45.45x is high!

04/04/2021

“Now you know what really matters most in business is how well you do in getting others to like you, trust you, and believe in you. Once you wake up to the reality that people buy you, real success and achievement are within your grasp.”

People Buy You
Jeb Blount

03/31/2021

Mass evictions doesn’t bode well for the economy at large.

Federal aid is on the way to the tri-state region to help renters, but that may not be enough to avert what landlords and housing nonprofits say is a brewing eviction crisis.

03/24/2021

How to track third stimulus payment/check

Use Get My Payment to get information about your payment status and payment type.

03/19/2021

Lock in your new mortgage or refinance soon! Mortgage interest rates are moving sharply upwards, past 3.25% for a 30 year fixed, and I think they’ll keep going up, especially if inflation rears its ugly head. Does anyone remember the early 80’s?

Mortgage rates are now at the highest point since June and could go even higher even if the Federal Reserve doesn’t change its policy.

09/04/2020

“Low interest rates for years” comment by the Federal Reserve Chairman should fuel the economy and the markets for some time to come.

Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said in remarks published Friday afternoon.

09/04/2020

High Credit scores aren't necessarily a good thing? This is a really good concept to ponder and understand. . . .

09/03/2020

This is scary. Who’s talking about it? No one.

Federal debt, as a share of the economy, hit 98 percent in the 2020 fiscal year. Many economists are pushing lawmakers to add even more to it.

09/02/2020

Investing for retirement cheat sheet.

You'll want to start saving at a young age if you plan to retire with $1 million on a $50,000 salary. Here's a breakdown of how much you will need to put in savings to reach your goal.

09/01/2020

Good move.

The moratorium is the most significant step taken so far by the White House to fend off what experts predict will be a flood of evictions across the country.

08/31/2020

What if? The power of compounding if we gave each newborn child a privately managed investment account:

The Pershing Square chairman told investors in a recent note that, to preserve capitalism, steps need to be taken to close the inequality gap. One possible measure: investment accounts for every child.