Re:GameStop Is Rage Against the Financial Machine
by cwkoss on Wednesday January 27, 2021 @11:46PM
(#25938306)
Thanks, I've never looked into ETFs with this thesis before. Could be an attractive investment.
Found this interesting list of average S&P500 P/E over the years https://www.multpl.com/s-p-500-pe-ratio/table/by-year
Average P/E is 15.79, higher than I thought it was.
Also, the long term average P/E ratio is 15. Stocks haven't really had P/Es less than 5 since the Great Depression.