Old 11-18-2019 | 11:04 AM
  #22  
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Excargodog
Perennial Reserve
 
Joined: Jan 2018
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Originally Posted by V12Merlin
Look for the Dow to go north of 30,000 about the last quarter of next year
And see what that will do to the retirement numbers.
You know, back when the Dow was sitting at 12-14 thousand, a 2000 point rise would have been...

Today, at 28,000, a one year gain of 2000 is only about 7%, which is slightly LESS than the long term average.

Ah, the simple pleasures of passive investing in index funds and reinvesting dividends...
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