Pacific Gas & Electric has been hammered by fire liability concerns, and it is priced at the same level it was in 1998. It is down 75%, and this includes adjustments for dividends.
But, hey, 1998 wasn’t so bad! The government was running a SURPLUS and we were about $16 trillion less in debt!
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The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
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