Enter Our Stock Market Contest and Win $500!

The results of our “guess what the Stock Market will close at on the day after the election” contest are in!

We had almost 150 entries (I’m surprised there weren’t more – it was an easy way to win up to $500!).

Most people who entered guessed high – often way high. And the range of guesses was enormous; the Dow closed at 12,932.70, but the guesses ranged from 10,000 to 16,000!  Which points out the sheer unpredictability of the stock market, which has barely budged for the past 13 years. (Ready to say goodbye to the roller coaster ups and downs of stocks and other volatile investments?  Request your FREE Analysis and find out how much your financial picture could improve if you added Bank On Yourself to your financial plan.)

And the winners were…

Indices-after-election

The Dow and S&P closes on the day after the Election

  • Bill Liebler – who was within about 12 points of where the Dow closed – won a $250 Amazon Gift Certificate. I interviewed Bill in my New York Times best-selling book  in chapters 7 and 10.  Among other things, Bill uses Bank On Yourself to fund his daughter’s college education.  To learn more about why Bill thinks Bank On Yourself beats using a 529 plan, UGMA or other government sponsored plan, check out this article and video.
  • And Jim Vana was the other winner of a $250 Amazon Gift Certificate for coming the closest (within 1 1/2 points) of where the S&P 500 closed.

And thanks to all who participated!

Here were the simple contest rules…

1. Post your guess of what the Dow and/or S&P will close at, on Wednesday, November 7, the day after the election, in the comments box below.

2. The person who comes closest to guessing where the Dow actually closes will win a $250.00 Amazon.com Gift Certificate, and the person who comes closest to guessing where the S&P 500 closes will win a $250.00 Amazon.com Gift Certificate. You can take a guess on both indexes and win $500.00 if both of your entries come closest.

3. In the event of a tie, the winners will split the prizes(s)

4. Only one entry per person is allowed and be sure to include a correct email address, so we can send your Gift Certificate to you if you win (your email address will not be published).

5. Only U.S. residents over age 18 qualify to win

6. Your entry must be posted in the comments box at the bottom of this blog post by midnight, Wednesday, October 24, 2012 to qualify

Note: We’d also love to hear if you’re in the stock market or out of it now – and why – so feel free to add a comment about that when you post your entry in the comments box below, along with your guess for what the Dow and/or S&P 500 will close at on Wednesday, November 7.

Please note that all comments are moderated, which means there will be some delay before your entry/comment appears.

Are you tired of playing guessing games when growing your nest egg?

Keep in mind that Bank On Yourself is based on an asset that has grown by a guaranteed and predictable amount for more than 160 years – no matter what was happening in the stock and real estate markets. The growth is much greater then you can get today in a CD, money market account or annuity – but without the risk of stocks, real estate, gold, commodities and other volatile investments.
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So if you want to stop rolling the dice on your financial future and find out what the guaranteed value of a plan custom tailored for you would be on the day you want to tap into it – and at every point along the way – request your FREE Analysis now to find out!

Comments

  1. David Baklarz says:

    Well lets see….I will guess that the stock market likes OBama(can’t figure that one) and dislikes Romney soooo:
    Dow Jones will be:12785.61 and the S&P will be at 1324.50.
    Yes I don’t understand two things about the market…1) How can this market be so high when all finances in this country are so bad)

  2. Dow will close at 13,555

  3. Dow==13200, S & P==1400

  4. Post election. Dow 13,672, SP 1472, with all the turmoil I mostly out of the market.

  5. Suzanne Warren says:

    S&P
    1225

  6. Dow 13,731.10
    S&P 1,493.49

    NOTE: I’m still in the stock market, but mostly out of the US dollar – holding very little in the US. I’m thinking about completely liquidating everything, but the “tax hit” is steep. If the market peaks and my portfolio recovers somewhat, then I may revisit the liquidation idea.

  7. William Erwin says:

    Dow will close at 12,945.51 and s & p will close at 1,401.35

  8. Armando Barragan says:

    obama wins dow closes 13000. s&p closes 1400
    romney wins dpw close 13500 S&P closes 1450

  9. Bill Liebler says:

    A lot will depend on who gets elected. Not sure by the contest if it is the day after election close or opening of that next day, but assuming it is day after election close. If R/R win, then I’m probably low, if BO/JB win, then I think mine is correct. I’ve been of the belief that BO will get reelected since so many polls don’t factor in Gary Johnson and I think the Libertarians will get 10-15% of the vote, question is will it be taking from R/R or will it be split given how many young folks that voted for BO are disillusioned by his policies and lack of jobs.

    Dow – 12945
    S&P – 1355

    Hope I win – $500 would go a long ways for Christmas shopping!!

    Bill Liebler

  10. 13,500

  11. Darren Chung says:

    On wednesday November 7, 2012; after the election, my guess is that the Dow will close at 13,785 and the S&P will close at: 1,473.

    I am currently in the stock market because my company who I work for had an employee stock purchase plan and a 401k. I had both company stock and 401k plan. I currently putting about 10% to 15% of my income into the stock market and 30% to 40% of my income into a whole life insurance. No savings ,money market, and CD.

  12. Rich Reineke says:

    Pamela,

    DOW will be 14,150 at close of November 7, 2012 trading session.
    S&P will be at 1,878 at close of trading on November 7, 2012.

    I hope I win.
    Thanks,
    Rich

  13. David Hoff says:

    DOW (Closing) Guess for 11-7-2012: … 13,991

  14. Rob DelRocco says:

    Dow-13578
    S&P-1477

  15. Darrick Steward says:

    Dow-1367
    S&P will be down 36.27%

  16. Jerry Blood says:

    The DOW will close at 13,820.50 on November 7th the day after the presidental election.

  17. Thomas Lewis says:

    My guess is that Dow will close at 12,750 on Nov 7th, 2012.

  18. Dale Sommers says:

    Pamela, I submit the DOW will slip below 10,000 the day after the US presidential election. Due to the unfortunate occurrence of citizen majority re-election of our current leader?

  19. Dow 13,548.94, S&P 1,357.34.

  20. Carmela Congdon says:

    DOW 13,629 S&P 1,485

  21. Buck Cooper says:

    Dow 13698
    S&P 1489
    This is positive thinking of Romney being elected and thinking they will bounce up with a brighter outlook.

    With the advise of my new Bank on Yourself adviser, I moved my existing 401K funds out of the mutual funds and into a bond fund. When a friend of mine mentioned the 205 point drop in the Dow on Friday i just smiled. Not to worry.

  22. Jack Touseull says:

    Dow 13237 S&P 1399

  23. Steve Malloy says:

    My guess, and I do mean guess . S&P 1397.00 Dow 12,969.00 Steve

  24. James Johnson says:

    13752 Dow 1475 S&P

  25. Dow = 13489
    S&P = 1445

  26. DOW 13,675
    SPX 1,475

  27. The Dow will close at 14984 and the S&P will close at 1522.

  28. DOW 11665.25
    S&P 1295.25

  29. Dick Rusell says:

    My estimate is
    DOW 1700
    S&P
    1380

  30. DOW 15,300
    S&P 1,550

  31. Robert Nahapetian says:

    I think the DOW should be at 12760.12 and S&P should be 1296

  32. Dow = 13,333 and S&P = 1333

  33. The Dow will be at 13,800

  34. Kenneth Brown says:

    Dow – 13,401.35
    S & P – 1,356.19

  35. David Byrd says:

    S & P 1300

    Dow 13000

  36. eric swanson says:

    1. If a retired person transfers their traditional ira to a roth ira and they do not have a roth ira, but are over 59 1/2, do they have to wait 5 years to access their tax-free gains from that ?

    2. If someone can not have a roth ira because of their high income, so they do a non-deductible ira instead, can they then transfer this ira to a roth ira and wait 5 years and age 59 1/2 before they access the tax-free gains?

  37. Dow: 14,017
    S&P: 1417

  38. Mark Verro says:

    I believe the Dow will close at 12.255, and the S&P 1200

  39. Randy Newbury says:

    Dow 14343 S&P 1533

  40. BO wins – DOW – 13000
    S&P – 1295

    MR wins – DOW – 13500
    S & P – 1350

  41. Dow 13475
    S&P 500 1460

  42. Thad Macnamara says:

    DOW at 13,835 end-of-trading Nov 7

  43. Danette Zak says:

    The Dow: 15,543.51
    The S&P: 1633.43
    Not in the market.

  44. Garry Logan says:

    DOW will be at:
    13008

    S&P will be at:
    1366

  45. Dow will be 14445
    S&P will be 1457

  46. Peyton Guillory says:

    11,886

  47. Dow will close at 10,000 and S&P will close at 1000.00

  48. Ok Romney is the one!
    DOW-13425
    S&P 1212

  49. Dow. 13801
    S&P. 1461

  50. BO wins
    S&P 1201
    DOW 11178

  51. Dow = 13543

  52. The Dow will close at 14015 and the S&P will close at 1412.

  53. The Dow will close at 13253.

    The S&P will close at 1343

  54. DOW: 13343
    S & P: 1325

  55. Dow – 1368.50
    S & P 1,351.19

  56. Terrance King says:

    Dow at 12800. S&P at 1300

  57. Romney/Ryan wins – Dow 13,714 S&P – 1477

  58. Doll Jerry Simon says:

    On November 7 , 2012, the Dow will close at 14,500 and the S & P 1,375

  59. DOW – 13278.49
    S&P 500 – 1416.07

  60. Dow — 14,572
    S&P — 1133
    … to cover both good and bad news of election results.

  61. oct 2012 prediction after election dow-_ 13,200—–s&p 1450

  62. Tim Monahan says:

    Dow 14100
    S & P 1520

  63. allen garrett says:

    dow 13500

    s&p 1350

  64. Paul Mareel says:

    Dow – 13,152
    S&P – 1,410

  65. Dow 13,503
    S&P 1,453

  66. BOB CHAMBERS says:

    DOW: 13675
    S AND P: 1375

  67. eric lopez says:

    DOW 13, 045
    S&P 1339

  68. My guess is Dow at 13522
    S&P 500 at 1439
    Not sure who the Presidential winner will be

  69. Susanna Ghahramani says:

    My guess is:
    Dow; 13000
    S&P; 1433

  70. Linda Mueller says:

    Dow: 14019
    S & P: 1319

  71. MaryJo Webster says:

    Dow = 13,358.26

    S&P 500 = 1415.90

  72. Dow = 13512
    S & P = 1462

  73. DOW 14205
    S&P 3282

  74. Eric Herbert says:

    Dow: 13,452
    S&P: 1449

  75. JR Scotti says:

    My guesstimates are
    DOW: 14000
    S & P: 1400

  76. David Lambert says:

    DOW; 13,325.43

    S&P; 1335.70

  77. Christa Brutus says:

    DOW: 12,900.50

    S&P: 1,233.19

  78. Bryan Belzner says:

    DOW 13,316.82
    S&P 1,430.32

  79. On Nov. 7, I think the indexes will be:
    DOW: 12,920
    S&P: 1320

  80. Dow: 13,642.29
    S&P: 1,486.17

  81. DOW => 12000
    S&P => 1200

  82. DOW -13,671
    S&P -1562

  83. Dow………….13330
    S&P…………….1432

  84. Jamie Randazzo says:

    Dow-13777
    S/P-1477

  85. Richard Akasaka says:

    Dow 13,610
    S&P 1,478

  86. Jennifer Bowles says:

    Dow 13,270
    S&P 1427

  87. Lisa Meyer says:

    Dow——13850
    S&P……..1500

  88. Jim Matuska says:

    DOW 11201
    S&P 1302

  89. Reed Remington says:

    Dow at 14175, S&P at 1487

  90. JIm Finneran says:

    Dow guess-14,010.51
    S&P-1501.06

  91. Dow will be at 11,111.00
    S&P will be at 1,111.00

  92. Dow will be 14,002.
    S & P will be 1,506.

  93. DOW will close at 13,802
    S&P will close at 1472

  94. DOW: 13,700
    S&P: 1400

  95. Karen Wintress says:

    Dow at 12,337
    S&P at 1,329

  96. Obama wins, Dow down to 12,850 (gold up $75), S&P close at 1,350. i have stopped participating in the market…no need to!

  97. Cliff House says:

    Dow will close at 13,752 and S&P will close at 1473.

  98. Gonna go LOW!

    How about Dow closing at 12794 and the S&P at 1357.

  99. Dow at 13,500
    S&P at 1,400

  100. Dow: 13,104.56
    S & P: 1,247.53

  101. DOW- 12745
    S&P- 1352

  102. Dow: 12,701
    S&P 500: 1,365
    Enjoy!

  103. Dow 16000
    S/P 1600

  104. M. Thomas says:

    Dow 12500
    S&P 1250

  105. DJIA: 15,500
    S&P500: 1,230

  106. Chris Bishopp says:

    Dow 13235
    S&P 1390

  107. Dow: 13,742.33
    S&P: 1,587.29

  108. Dow: 11,240

  109. DJIA: 14,855
    S&P: 1,629

  110. Dow: 12,837 S&P: 1,474

  111. Dow – 12,510

    S&P – 1330

  112. Dow: 14,111, S&P: 1477

  113. Dow 12,628 S&P: 1,344

  114. Russell W. Whipple says:

    DOW 13,622.55
    S&P 1471.55

  115. Dow 13275
    S&P 1525

  116. Dow 15000
    S/P 1500

  117. Dow: 13093.45 S&P 1446

  118. Dow 13600 S&P 1487

  119. Andrew D. says:

    Dow: 14,020
    S&P: 1,424

  120. Norman Korpi Jr. says:

    Dow 12666
    S/P 1158

  121. Mike MIerchuk says:

    Mike M. Says:

    Dow: 12912.12
    S&P: 1380.13

  122. Dow 13422.62 S&P 1424.55

  123. Matt Dankert says:

    Matthew C :
    Dow: 13479.37
    S&P: 1521.73

  124. Dow: 13,890
    S&P: 1,540

  125. RCaplan II says:

    Dow: 13,405
    S&P: 1,249

  126. Bernard T says:

    Dow 13870
    S&P 1386

  127. Dow: 13,036
    S&P: 1,397

  128. Dow 13226.78
    S&P 1496.67

  129. Dow 12998.93
    S&P 1398.93

  130. Dow 12,101
    S&P 1204.4

  131. DOW 12,969
    S&P 500 1396

  132. Julia Vana says:

    Dow: 12,771
    S&P:1323

  133. Dow 13666
    S&P 1366

  134. Dow 13174
    S & P 1424

  135. Dow 13205
    S&P 1480

  136. Dow 12444
    S&P 1327

  137. Dow 13706
    S&P 1484

  138. Bill Liebler says:

    Pamela – thanks for running context- my guess was based on a couple of factors – continued slow down in Europe, fiscal cliff scaring folks, risk of taxes going way up on capital gains, and that I thought Obama would be reelected. I hate being right about that last item, but hey I won $250!!!

    Keep on putting money in BOY – it is the way to go

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