When an entry is made at P/E 16 in an index such as the NASDAQ 100, the chances of quadrupling USD 100 into USD 400 in a healthy stock market over a span of 10 years is very high.
The important thing is to buy only when the P/E ratio of a stock index is close to 16 and the stock index should have high earnings growth.
The important thing is to buy only when the P/E ratio of a stock index is close to 16 and the stock index should have high earnings growth.
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