A weekly thread to discuss financial matters - from personal all the way up to global.
Ground Rules
- Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
- Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
- Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
- Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
Jump in the discussion.
No email address required.
Notes -
What do you think is an appropriate P/E for the following companies? I was looking at them this week and I was a little surprised at how things have crept upwards this year.
Would you mind elaborating on your rationale for any of these? I'm particularly interested in Costco.
On one hand, I get it. The hot dog is the only truly inflation-proof asset.
On the other hand, a multiple that high assumes some pretty massive future returns, and I don't see how Costco pulls that off without some bonkers expansion, and the last retail consumer staple company that tried that was Target, and the bet didn't pay off.
I think what they're saying is that whatever the market has them at is what the appropriate P/E is.
More options
Context Copy link
More options
Context Copy link
More options
Context Copy link
More options
Context Copy link