Cash Is King When The Market P/E is 8
My friend Jim York always told me cash is king. And now I understand what he meant. My adopted mentor, Phil Town, agrees with Jim. Can you imagine the market ever reaching a P/E of 8? Well, it has in the past. And when it does, that is the best time to buy.
Read Phil Town's fascinating story on when cash is king.... and take heed !
Pierre Cutler
Our 4-Hour Workweek




