WCP: "The Great Reset-ion Is Coming" – Harry Dent

Stocks: Retirement Account are all invested in the Stock market

S&P 500 P/E Ratio (Price-Earnings Ratio; The Price of a Share of Stock divided by the Annual Earnings of a Share)

The Earnings that the company makes in a year divided by the number of stocks that are out there. You should be paying a certain multiple of earnings when you’re buying a stock but not a “crazy multiple”.

“Shark Tank” impromptu “Valuation”; For example, the entrepreneur says I want $1million for a 33% stake in my company.  So, that means that the entrepreneur is saying his company is worth @$30m. However, they have sales of only $1m. This would mean that the company is worth @10m (10 x Annual Sales) which is about 2/3 less than what they are asking. They should be asking for $330k. So, they’re asking for 66% more than what would be “fair market” value]

P/E Ratios for - Amazon @110; Netflix @166; Microsoft @25.5