I have an important question to ask you…
When do you think the Dow will hit 35,000?”
Does that seem like a crazy or dumb question? After all, the Dow closed 2015 at only 17,425. It would have to more than double to get to 35,000. But it’s not a dumb question. I’ll explain why in a moment.
For the last five years, we’ve been tracking the Dow Jones Industrial Average and what that number means to you in your real life.
Sure, the Dow has gone up and down, and it’s gone up more than it’s gone down. But is it up enough to actually give you a return that justifies after all the sleepless nights and stomach-churning highs and lows?
Then there’s inflation. Has the market, as measured by the Dow Jones Industrials, even kept up with inflation? [Read more…]