$Apple(AAPL)$ Forward PE for Apple is 30x. Yes, its higher than the $S&P 500(.SPX)$ forward PE of 21x but given its unique nature it's a hold.
Apple really is a unique company. Only other even close is $Microsoft(MSFT)$ . I've owned a little of both for over 25 years. Obviously, wish I bought more of both.
The S&P 500 was up 20% in the first 8 months of 2024 including dividends. Amazing year. My 401k is over $3 million. Will never need to touch it. Ignore the Debbie Downers. The stock market...long only for me...is a great way to become wealthy.
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