No. of Recommendations: 5
If you look at a PE chart of Apple, you will see that it has trended up over the last decade, and you will see that it is at/near a high, and you will see that it has been there for a while now. That means that the stock price is growing faster, sometimes way faster, than earnings are growing. Obviously that can't keep up forever.
Indeed. And it's why I'm funding Year 1 of retirement with it! If it stays at nice levels, it might fund Year 2 through X. If it tanks, I might sell something else or not roll the T-bill maturing next January and live off that.
