Showing posts with label stockmarket. Show all posts
Showing posts with label stockmarket. Show all posts
Sunday, January 11, 2009
Roundtable Experts You Decide
This weeks Barron's has an article on whats in store for our economy. Barron's went all out by bringing in 10 experts to talk about whats in store for the next few years. The Roundtable discussion did not sound to optimistic for the future, unless you are a stockpicker or trader. Their predictions range from $2000 oz. gold, inflation,a collapse in the U.S. Dollar and a new low in the stock market. So much for reading the newspaper. There are some smart people on the panel, but can they really see the future any better than you and I, Heck No! What are the answers then? Could Gold go to $2000 oz., well sure it can, but keep in mind it is a commodity, a commodity that is more admired for looks. Read more from the Roundtable Experts. You decide.
Thursday, October 16, 2008
Dow Jones Industrial Average (1900 - Present Monthly) - StockCharts.com
Dow Jones Industrial Average (1900 - Present Monthly) - StockCharts.com
I thought this was interesting, a graph of the Dow Jones Industrial Average over the last 100+ years. As you can see the market continues to climb upwards while stumbling every so often. Only one decade during this period had a negative return (-49%) and that was the 1930's known as "The Great Depression". However from a low of 41.22 in 1932 to a high of 194.4 in 1937 the DOW ran 371%. That's why it is important staying invested for the long haul and not trying to time the market. Is this decade turning into a decade similar to the 1930's or possibly 1970's where we went sideways for a decade with a total return of 5%, who knows? So far we are down for the decade but I suspect over the next 10 to 20 years we will see that graph higher.
Your Thoughts
STOCKMANMARC
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