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by gaius 2910 days ago
A 5% yield is only reasonable for low-risk blue-chip equities. No one will settle for 5% with that much risk to their capital.
2 comments

> A 5% yield is only reasonable for low-risk blue-chip equities

Emphasis on “eventually”. A basic test for valuation sanity is “are the earnings this company would need for a zero-growth valuation possible?”

Oh yeah. They should bring way more profit home....