Updated: Oct 15, 2020
Today, the Dow Jones Industrial Average (top 40 stocks) closed at over 26,000 for the first time.
Sure, I'm glad that through the hype of tax reform and the promise of funds held overseas will come back to invest in American infrastructure and jobs. I'm concerned that Americans might get a little too comfortable with this run up in the markets.
This video was created in January, 2012 and it claims that you would need the Dow at 27,000 in order to be on-pace for a simple 5% return AFTER inflation.