2019: OFF TO A GOOD START
Sharemarkets have started 2019 on a high, rebounding strongly from the weakness we saw in the final three months of last year. If history is anything to go by, this bodes well for the coming 12 months. But before anyone gets too excited, I should point out that this “January indicator” has been a little hit-and-miss lately.
JARGON BUSTER: PRICE TO EARNINGS RATIO
The price to earnings (PE) ratio is the most common valuation metric in investing. It is great as a short-hand measure to gauge how cheap or expensive shares in a company are.
