NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
Dow 36000! Don't retire if you doubt it. That's the gist of the following article.
The return of 'Dow 36,000' - MSN Money
The author argues that if we assume that the market will rise at the historical rate, then the Dow will be at 36,000 in ten years. Ten years is not a long time. We are already 5 years from the start of 2008-2009 recession, and I felt it like yesterday.
The author uses an average market return of 8%, which is 5% real growth over 3% inflation. The nominal historical rate has been quoted as higher, such as 9 to 10%, but that includes dividends.
Your thoughts?
The return of 'Dow 36,000' - MSN Money
The author argues that if we assume that the market will rise at the historical rate, then the Dow will be at 36,000 in ten years. Ten years is not a long time. We are already 5 years from the start of 2008-2009 recession, and I felt it like yesterday.
The author uses an average market return of 8%, which is 5% real growth over 3% inflation. The nominal historical rate has been quoted as higher, such as 9 to 10%, but that includes dividends.
Your thoughts?