INVESTMENT FUNDS - THE INTELLIGENT INVESTOR - CHAPTER 9

I am not usually saying that index funds are bad but simply that the risk at current levels is too high for the returns and the lower yielding Treasury is better from a risk reward perspective than an index funds. I think Graham would agree as stocks were extremely expensive for him in 1971 where we can see above the price to earnings ratio was close to 19. Want to know more about what I do? https://goo.gl/MQG2k5 Full-time independent stock market analyst and researcher! STOCK MARKET RESEARCH PLATFORM (analysis, stocks to buy, model portfolio) I am also a book author: Modern Value Investing book: amzn.to/2lvfH3t More at the Sven Carlin blog: https://svencarlin.com/ Check out Modern Value Investing YouTube: www.youtube.com/c/InvestwithSvenCarlinPhD Like Modern Value Investing Facebook page: www.facebook.com/CarlinSven Connect with me on LinkedIn: https://www.linkedin.com/in/svencarlin/