Pages

Wednesday, February 15, 2012

Dow 1,000,000

Earlier this week, Barrons made some headlines projecting that the Dow Jones would hit 15,000 by the end of next year.  It's a bold call to be sure, but is it as bold as predicting that the Dow will hit 1,000,000 by 2107?


If you compound the Dow ex-dividends at the historical rate of 4.7% then the math says that we should hit 1,000,000 sometime around then.  By then, the financial crisis and tech bubble would look like just a blip on the long term chart.

No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.