Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Do you know the true composite P/E of your ETF sector funds?
Unless you are one of those investors who believes the price of things doesn't matter, it would probably be a good idea to do a "re-check" on the price of your holdings, esp. the MOMO stuff.
No, not since 1999-2000. But some "health" funds have larded up with many of these hopey story (no revenue, heavily-indebted) biotech stocks, so.... assume nothing.... history may once again rhyme.
Comments
Regards,
Ted
But some "health" funds have larded up with many of these hopey story (no revenue, heavily-indebted) biotech stocks, so.... assume nothing.... history may once again rhyme.