Has been difficult measuring these companies based on PE multiples. Nobody understands or knows earnings. Use the more appropriaet div discount model.
Treasury buyers now are setting themselves up for significant capital losses.
TIPS are trading at nearly a zero spread to treasuries.
Stock type returns with little or no risk. Corporates, close end bond funds, etc. However equities provide better protection vs inflation.
Div Yld on market was close to 4%
2011 Flying Heart Cellars Red Wine - $5
13 years ago
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