Tuesday, March 03, 2009

 

So This is How the Obamas Got the Money to Payoff Those Student Loans

While the rest of us chumps study the market with such analysis tools as the Price-Earnings ratio (PE), President Obama clues us in on what we really should be looking at:

"On the other hand, what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it.” Obama Touts Investing With 'Long-Term Perspective'

Honestly, I have no idea what he is talking about because I thought that ratio was always around one.

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