People can obviously do whatever they want as long as they're aware past performance...blah...blah...don't invest more than you can lose...blah.
I've pulled out from everything with a rich P/E ratio and am only keeping money in companies that I feel are a) stable and b) have a reasonable-to-low P/E ratio.
My thought is that new investors tend to go for well-known companies or meme stocks, but either way driving up the P/E ratio. I don't want to be caught in the downswing when these investors leave.
People can obviously do whatever they want as long as they're aware past performance...blah...blah...don't invest more than you can lose...blah.
I've pulled out from everything with a rich P/E ratio and am only keeping money in companies that I feel are a) stable and b) have a reasonable-to-low P/E ratio.
My thought is that new investors tend to go for well-known companies or meme stocks, but either way driving up the P/E ratio. I don't want to be caught in the downswing when these investors leave.