If you want some long-time perspective as to how ghastly-high the stock market is, look at this dividend yield chart dating back to 1871. It’s clear that the classic purpose of stock investing – – the dividend yield – – is about as out-of-style as buggy whips and your old grandpappy’s handlebar mustache.
![slopechart MULTPL SP DIV YIELD MONTH](https://slopeofhope.com/wp-content/uploads/2021/02/slopechart_MULTPL_SP500_DIV_YIELD_MONTH-640x346.jpg)