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Subject:  Re: Finding a good financial planner Date:  2/8/2005  1:42 PM
Author:  rrosenkoetter Number:  44387 of 78325

Thanks for all the posts. And I will read those books.

>> Any financial advisor who says he knows what the market will do in the future is one to walk away from. No one knows what the market will do in the future regardless of what they claim. <<

I'd like to revisit this topic. What do you all think about the correlation between the market's P/E ratio and it's subsequent performance?

Have any of you read Bull's Eye Investing by John Maudlin?

Historical data shows the average market P/E ratio swings up and down with bull/bear markets. Over the last 100 years, in every bull market, prices for stocks shot up faster than earnings. At the top