12-12-2013, 01:29 AM
Ray - Is the 15 you are using the P/E ratio?
Here's something that continues to stick in my craw. Everybody is ignoring inflation and discounting their and my sale price expectations by 10-15%/year while my brokerage bank is paying me a few tenths of a percent on my cash balance. Can someone tell me where other than my IOC shares I can get 10-15% return while retaining an inflation proof asset stored underground as security? 10-15% discounting of inflation proof assets just seems ridiculous to me. 5 seems a lot more reasonable.
Here's something that continues to stick in my craw. Everybody is ignoring inflation and discounting their and my sale price expectations by 10-15%/year while my brokerage bank is paying me a few tenths of a percent on my cash balance. Can someone tell me where other than my IOC shares I can get 10-15% return while retaining an inflation proof asset stored underground as security? 10-15% discounting of inflation proof assets just seems ridiculous to me. 5 seems a lot more reasonable.