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by lupire
1580 days ago
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They are saying that financially, P/E on a stock (really, E/P) you buy is the same as APY on a deposit/loan, since both are the return on invested capital, and you can cash out your principal later. Oh course their are subtle details that cause volatility and risk of collpase based on how the company/bank/borrower uses the money you put in. |
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