Dow 40000 prediction for 2025

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skor99
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Dow 40000 prediction for 2025

Post by skor99 » Tue Jul 10, 2018 11:27 am

https://www.cnbc.com/amp/2018/07/03/her ... -2025.html

The author presents some reasonable sounding assumptions, but 2025 is a long ways away. Should anybody make any investment decisions based on such long range predictions ?

SagaciousTraveler
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Re: Dow 40000 prediction for 2025

Post by SagaciousTraveler » Tue Jul 10, 2018 11:32 am

We are all making long range predictions. We invest in the market because we are assuming that growth will happen in the future

Anyone who puts a number for a index is just trying to get shock value though.
Last edited by SagaciousTraveler on Tue Jul 10, 2018 11:33 am, edited 1 time in total.

KyleAAA
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Re: Dow 40000 prediction for 2025

Post by KyleAAA » Tue Jul 10, 2018 11:33 am

That's only a 7% CAGR. Seems reasonable but, of course, you shouldn't count on it.

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David Jay
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Re: Dow 40000 prediction for 2025

Post by David Jay » Tue Jul 10, 2018 11:35 am

nobody knows nothin'
Prediction is very difficult, especially about the future - Niels Bohr | To get the "risk premium", you really do have to take the risk - nisiprius

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 11:36 am

Meh.

2025 isn't all that far away. We are closer to 2025 than we are to the start of the Great Recession.

Do I think the Dow will be higher in 2025 than today? Yes.
Do I think it will be at 40,000? I have no idea. Neither does anyone else. It could be lower, it could be a lot lower, it could be higher, it could be a lot higher.
Would I base any of my investment decisions on the magic combination of 40,000 in 2025? Not a chance.

I'll just stick to my plan thanks.

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Re: Dow 40000 prediction for 2025

Post by BogleMelon » Tue Jul 10, 2018 11:42 am

skor99 wrote:
Tue Jul 10, 2018 11:27 am
Should anybody make any investment decisions based on such long range predictions ?
No. There is always risk. Real risk. A risk of a market crash that won't recover even after 60 years! A risk of world wars with nuclear weapons between countries. A risk of communism taking over, or the capitalism, as we know it, comes to an end.

If you are unwilling to take that risk, don't invest, regardless of what the crystal balls' wizards are saying.
"One of the funny things about stock market, every time one is buying another is selling, and both think they are astute" - William Feather

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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 11:45 am

BogleMelon wrote:
Tue Jul 10, 2018 11:42 am
There is always risk. Real risk. A risk of a market crash that won't recover even after 60 years! A risk of world wars with nuclear weapons between countries. A risk of communism taking over, or the capitalism, as we know it, comes to an end.
Wow. You forgot the risk of an alien plague wiping out 90% of humanity.

I'm assuming you don't invest in the market at all, given the risks?

david1082b
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Re: Dow 40000 prediction for 2025

Post by david1082b » Tue Jul 10, 2018 12:01 pm

Not as silly as the "36,000 Dow" phenomeon seen in the late 1990s, but still basic baitclick.

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nisiprius
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Re: Dow 40000 prediction for 2025

Post by nisiprius » Tue Jul 10, 2018 12:12 pm

The book "Dow 36,000" by Glassman and Hassett is interesting. It, too, presented arguably reasonable sounding assumptions... perhaps. They presented it as being based on math, and as a consequence of the Jeremy Siegel & al. having shown--their presentation, not Siegel's--that stocks were not really any riskier than bonds. Based on that, they said that as understanding of Siegel's work diffused through the investing community, the equity risk premium would disappear and stocks would rise to their true value (given their earnings, dividends, lack of risk), which worked out to Dow 36,000. They actually stated a time frame: "A sensible target date for Dow 36,000 is early 2005, but it could be reached much earlier." Glassman later released a non-recantation recantation in which he acknowledged that the prediction at been a little off, but attributed it to "the world changing" in ways they could not have possibly foreseen.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 12:19 pm

nisiprius wrote:
Tue Jul 10, 2018 12:12 pm
attributed it to "the world changing" in ways they could not have possibly foreseen.
I hate when that happens!

Why can't the world change in predicable ways? Life would be so much easier, if less interesting.
(In hindsight, everything appears to have been predictable. That seems to be part of human nature.)
Last edited by JoeRetire on Tue Jul 10, 2018 12:21 pm, edited 2 times in total.

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willthrill81
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Re: Dow 40000 prediction for 2025

Post by willthrill81 » Tue Jul 10, 2018 12:20 pm

skor99 wrote:
Tue Jul 10, 2018 11:27 am
Should anybody make any investment decisions based on such long range predictions ?
No. Because nobody can predict the future. :)
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 12:21 pm

willthrill81 wrote:
Tue Jul 10, 2018 12:20 pm
skor99 wrote:
Tue Jul 10, 2018 11:27 am
Should anybody make any investment decisions based on such long range predictions ?
No. Because nobody can predict the future. :)
Everyone can predict the future. Few can predict it with any accuracy.

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cheese_breath
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Re: Dow 40000 prediction for 2025

Post by cheese_breath » Tue Jul 10, 2018 12:26 pm

JoeRetire wrote:
Tue Jul 10, 2018 12:21 pm
willthrill81 wrote:
Tue Jul 10, 2018 12:20 pm
skor99 wrote:
Tue Jul 10, 2018 11:27 am
Should anybody make any investment decisions based on such long range predictions ?
No. Because nobody can predict the future. :)
Everyone can predict the future. Few can predict it with any accuracy.
I can. Read my signature.
The surest way to know the future is when it becomes the past.

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 12:28 pm

cheese_breath wrote:
Tue Jul 10, 2018 12:26 pm
JoeRetire wrote:
Tue Jul 10, 2018 12:21 pm
willthrill81 wrote:
Tue Jul 10, 2018 12:20 pm
skor99 wrote:
Tue Jul 10, 2018 11:27 am
Should anybody make any investment decisions based on such long range predictions ?
No. Because nobody can predict the future. :)
Everyone can predict the future. Few can predict it with any accuracy.
I can. Read my signature.
Knowing the past isn't the same thing as predicting the future.
Unless you have interesting definitions for those words. :wink:

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cheese_breath
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Re: Dow 40000 prediction for 2025

Post by cheese_breath » Tue Jul 10, 2018 12:32 pm

JoeRetire wrote:
Tue Jul 10, 2018 12:28 pm
cheese_breath wrote:
Tue Jul 10, 2018 12:26 pm
JoeRetire wrote:
Tue Jul 10, 2018 12:21 pm
willthrill81 wrote:
Tue Jul 10, 2018 12:20 pm
skor99 wrote:
Tue Jul 10, 2018 11:27 am
Should anybody make any investment decisions based on such long range predictions ?
No. Because nobody can predict the future. :)
Everyone can predict the future. Few can predict it with any accuracy.
I can. Read my signature.
Knowing the past isn't the same thing as predicting the future.
Unless you have interesting definitions for those words. :wink:
Sure it is. I just predict it after the fact.
The surest way to know the future is when it becomes the past.

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cfs
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Re: Dow 40000 prediction for 2025

Post by cfs » Tue Jul 10, 2018 12:35 pm

Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?

Gracias por leer ~cfs~
~ Member of the Active Retired Force since 2014 ~

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DartThrower
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Re: Dow 40000 prediction for 2025

Post by DartThrower » Tue Jul 10, 2018 12:44 pm

cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?

Gracias por leer ~cfs~
Awesome observation cfs. You nailed it! :sharebeer
A Boglehead can stay the course longer than the market can stay irrational.

randomguy
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Re: Dow 40000 prediction for 2025

Post by randomguy » Tue Jul 10, 2018 12:53 pm

DartThrower wrote:
Tue Jul 10, 2018 12:44 pm
cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?

Gracias por leer ~cfs~
Awesome observation cfs. You nailed it! :sharebeer
There is nothing contradictory in those statements.
a) in 7 years we go from 24k to 40k
b) in 3 years we go from 40k to 24k

What is the problem?

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 2:06 pm

cheese_breath wrote:
Tue Jul 10, 2018 12:32 pm
JoeRetire wrote:
Tue Jul 10, 2018 12:28 pm
cheese_breath wrote:
Tue Jul 10, 2018 12:26 pm
JoeRetire wrote:
Tue Jul 10, 2018 12:21 pm
willthrill81 wrote:
Tue Jul 10, 2018 12:20 pm


No. Because nobody can predict the future. :)
Everyone can predict the future. Few can predict it with any accuracy.
I can. Read my signature.
Knowing the past isn't the same thing as predicting the future.
Unless you have interesting definitions for those words. :wink:
Sure it is. I just predict it after the fact.
I just decided that I knew you would say that.

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 2:07 pm

cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?
What makes you think one is correct? And what makes you think that is a problem?

deltaneutral83
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Re: Dow 40000 prediction for 2025

Post by deltaneutral83 » Tue Jul 10, 2018 2:10 pm

KyleAAA wrote:
Tue Jul 10, 2018 11:33 am
That's only a 7% CAGR. Seems reasonable but, of course, you shouldn't count on it.
7% CAGR before dividends is probably just above average since 1926 on the S&P.

new2bogle
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Re: Dow 40000 prediction for 2025

Post by new2bogle » Tue Jul 10, 2018 2:15 pm

In 2025, the Dow will be 1 MILLION points..... (or less)

david1082b
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Re: Dow 40000 prediction for 2025

Post by david1082b » Tue Jul 10, 2018 2:17 pm

JoeRetire wrote:
Tue Jul 10, 2018 2:07 pm
cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?
What makes you think one is correct? And what makes you think that is a problem?
Clearly it's showing how predictions are silly and how the problem is the proliferation of pointless predictions.

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Tue Jul 10, 2018 2:22 pm

david1082b wrote:
Tue Jul 10, 2018 2:17 pm
JoeRetire wrote:
Tue Jul 10, 2018 2:07 pm
cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?
What makes you think one is correct? And what makes you think that is a problem?
Clearly it's showing how predictions are silly and how the problem is the proliferation of pointless predictions.
Anyone looking for "correct predictions" is in the wrong forum.

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cfs
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Re: Dow 40000 prediction for 2025

Post by cfs » Tue Jul 10, 2018 2:35 pm

Exactly! Proliferation of useless predictions, and who cares if they are coming from Morningstar, Vanguard, Fidelity, or any other so called market guru. Your money, your portfolio, your decision. Gracias por leer / cfs
~ Member of the Active Retired Force since 2014 ~

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CyclingDuo
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Re: Dow 40000 prediction for 2025

Post by CyclingDuo » Tue Jul 10, 2018 2:58 pm

skor99 wrote:
Tue Jul 10, 2018 11:27 am
https://www.cnbc.com/amp/2018/07/03/her ... -2025.html

The author presents some reasonable sounding assumptions, but 2025 is a long ways away. Should anybody make any investment decisions based on such long range predictions ?
At least they got it right that the current bull market began in 2016 (July actually) after the mid-2015 to mid-2016 bear market! :beer

In the larger scheme, 2013 is really when we broke out of the 2000-2013 secular bear market. Media loves to focus on the lows of 2009 though as if this thing has been charging since then.

However, I have made the argument for ten months now that we resumed a NEW Bull Market in July 2016 (that really began in Jan 2013, NOT March 2009). Very few people want to talk about the Bear Market that recently happened from mid 2015 to mid 2016 where the average stock corrected over 20% and many of the leading sectors corrected between 25-50%.
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gravlax
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Re: Dow 40000 prediction for 2025

Post by gravlax » Tue Jul 10, 2018 3:05 pm

In 1999 there was a famous prediction of Dow 36,000 in 2003, and now in 2018 there is a prediction of Dow 40,000 in 2025.

I predict that in 2022 we will have a prediction of Dow 50,000 in 2040.

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nisiprius
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Re: Dow 40000 prediction for 2025

Post by nisiprius » Tue Jul 10, 2018 5:03 pm

cheese_breath wrote:
Tue Jul 10, 2018 12:32 pm
JoeRetire wrote:
Tue Jul 10, 2018 12:28 pm
Knowing the past isn't the same thing as predicting the future.
Unless you have interesting definitions for those words. :wink:
Sure it is. I just predict it after the fact.
Quite seriously, I add things to my "bucket list" after I've done them. That way I don't get fretful at realizing that life is not long enough to do "1,000 things you must do before you die," and it also means that everything on my bucket list is really great, no disappointments.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.

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arcticpineapplecorp.
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Re: Dow 40000 prediction for 2025

Post by arcticpineapplecorp. » Tue Jul 10, 2018 5:07 pm

Here's a thought that nobody's mentioned yet:

The Dow is comprised of 30 stocks (see which ones here: https://money.cnn.com/data/dow30/).

Question is: Do you own just those (and only those, none other) 30 stocks?

If not, then what does it matter what the Dow (30 U.S. large cap only stocks) does between now and 2025?

Do you expect your portfolio to perform the same?
Why would it?
Why should it?
Does your portfolio have bonds?
If so, why would it perform the same as an all stock index like the Dow?

Do you see how silly this is?
Why would you care about something you don't invest in?
Would you dump whatever you're invested in and just buy the 30 stocks in the Dow because of this glorious prediction?
Would you feel comfortable owning just 30 stocks instead of the thousands you could (or probably already) own?
If so, how do you feel about following the Dow every day so that whenever they throw some company out (GE) and add a new one (Walgreens) you can reconstitute your 30 stock portfolio too?
Pretty silly, right?

Not to mention the fact that the Dow is a price weighted index which means that the higher priced shares make up a greater share of the index which may be irrelevant from the standpoint of each company's market share or relative size in the market. Just because a company chooses not to split its stock and be worth much more per share than the other Dow stocks who chose to split their shares, should the more expensive shares have an innordinate effect on the entire index??
In a price-weighted index, a stock that increases from $110 to $120 will have a greater effect on the index than a stock that increases from $10 to $20, even though the percentage move is greater than that of the lower-priced stock. Higher-priced stocks exert a greater influence on the index’s, or the basket’s, overall direction.
source: https://www.investopedia.com/terms/p/pr ... dindex.asp

The Dow is an index that should go in the dustbin. Here's why:

https://www.npr.org/sections/money/2017 ... e-the-hype
https://www.npr.org/sections/money/2012 ... ut-the-dow

Now that you've read all that, what do you think about your beloved Dow? Will you still choose to follow it and discuss it? If so, why?

Wouldn't a better index to reference be SPTMI?
https://www.google.com/search?q=sptmi&i ... fox-b-1-ab
or the All world Index?
https://www.msci.com/acwi
https://markets.ft.com/data/indices/tea ... s=AW01:FSI

Finally, are you aware that most people's predictions are not worth the paper they're written on? If not, read these articles by Larry Swedroe here:
https://www.google.com/search?q=larry+s ... fox-b-1-ab

Now what do you think?
"Invest we must." -- Jack Bogle | “The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.” -- William Bernstein

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Re: Dow 40000 prediction for 2025

Post by BogleMelon » Wed Jul 11, 2018 11:06 am

JoeRetire wrote:
Tue Jul 10, 2018 11:45 am
BogleMelon wrote:
Tue Jul 10, 2018 11:42 am
There is always risk. Real risk. A risk of a market crash that won't recover even after 60 years! A risk of world wars with nuclear weapons between countries. A risk of communism taking over, or the capitalism, as we know it, comes to an end.
Wow. You forgot the risk of an alien plague wiping out 90% of humanity.

I'm assuming you don't invest in the market at all, given the risks?
Why? Do you not commute to your work because there is a risk of being killed in a road crash?

OP seemed wanted to invest based on the promise that the future will always be brighter. I wanted to emphases that no, future could be anywhere from full bright to full doomed. A promise today that the market will only return a positive returns in the future, is an empty promise. One shouldn't invest based on super optimistic articles. And yes, alien plague wiping out 90% of humanity is a very real risk!
"One of the funny things about stock market, every time one is buying another is selling, and both think they are astute" - William Feather

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Wed Jul 11, 2018 11:28 am

BogleMelon wrote:
Wed Jul 11, 2018 11:06 am
Why? Do you not commute to your work because there is a risk of being killed in a road crash?
I do not commute to work... because I am retired.
OP seemed wanted to invest based on the promise that the future will always be brighter. I wanted to emphases that no, future could be anywhere from full bright to full doomed. A promise today that the market will only return a positive returns in the future, is an empty promise. One shouldn't invest based on super optimistic articles. And yes, alien plague wiping out 90% of humanity is a very real risk!
The future will not always be brighter - got it.

Now, what about the world exploding due to a black hole being generated by a failure in the Large Hadron Collider? Do I add that to the ever-growing list of "very real risks" too? Or does that go in the "maybe" column?

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Re: Dow 40000 prediction for 2025

Post by BogleMelon » Wed Jul 11, 2018 12:06 pm

JoeRetire wrote:
Wed Jul 11, 2018 11:28 am
BogleMelon wrote:
Wed Jul 11, 2018 11:06 am
Why? Do you not commute to your work because there is a risk of being killed in a road crash?
I do not commute to work... because I am retired.
OP seemed wanted to invest based on the promise that the future will always be brighter. I wanted to emphases that no, future could be anywhere from full bright to full doomed. A promise today that the market will only return a positive returns in the future, is an empty promise. One shouldn't invest based on super optimistic articles. And yes, alien plague wiping out 90% of humanity is a very real risk!
The future will not always be brighter - got it.

Now, what about the world exploding due to a black hole being generated by a failure in the Large Hadron Collider? Do I add that to the ever-growing list of "very real risks" too? Or does that go in the "maybe" column?
Let see.. Risk definition:
1 : possibility of loss or injury : peril
2 : someone or something that creates or suggests a hazard
3 a : the chance of loss or the perils to the subject matter of an insurance contract; also : the degree of probability of such loss
b : a person or thing that is a specified hazard to an insurer
c : an insurance hazard from a specified cause or source war risk
4 : the chance that an investment (such as a stock or commodity) will lose value
https://www.merriam-webster.com/dictionary/risk
exposure to the chance of injury or loss; a hazard or dangerous chance
http://www.dictionary.com/browse/risk

From the above underlined words, risk means a probability, means a "maybe". So real risk = real probability NOT to confuse with "will happen"!
Anything with higher than 0% chance of occurrence has a real probability.

So again, to answer OP question, should I invest based on an article that promise the future will always be bright? The answer is no, do not invest based on that, there is always be some kind of risks, seen or unseen. Could happen, or never happen. So, invest but be mindful that no guarantee of anything in this world
"One of the funny things about stock market, every time one is buying another is selling, and both think they are astute" - William Feather

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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Wed Jul 11, 2018 2:15 pm

BogleMelon wrote:
Wed Jul 11, 2018 12:06 pm
Anything with higher than 0% chance of occurrence has a real probability.
I assume you meant "very real probability".

Anything can happen, but invest anyway. Maybe we can agree on that part.

WhiteMaxima
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Re: Dow 40000 prediction for 2025

Post by WhiteMaxima » Wed Jul 11, 2018 2:18 pm

It might. But I care less. Just keep invested.

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Re: Dow 40000 prediction for 2025

Post by david1082b » Wed Jul 11, 2018 2:26 pm

JoeRetire wrote:
Wed Jul 11, 2018 2:15 pm
BogleMelon wrote:
Wed Jul 11, 2018 12:06 pm
Anything with higher than 0% chance of occurrence has a real probability.
I assume you meant "very real probability".

Anything can happen, but invest anyway. Maybe we can agree on that part.
People should invest based on their need, willingness and ability to take risk, not based on predictions about the future from soothsayers.

drg02b
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Re: Dow 40000 prediction for 2025

Post by drg02b » Wed Jul 11, 2018 3:11 pm

7.45% annualized return... such an outlandish prediction...

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Wed Jul 11, 2018 7:02 pm

david1082b wrote:
Wed Jul 11, 2018 2:26 pm
People should invest based on their need, willingness and ability to take risk, not based on predictions about the future from soothsayers.
Agreed! I might only add "based on their goals".

BogleMelon
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Re: Dow 40000 prediction for 2025

Post by BogleMelon » Wed Jul 11, 2018 8:31 pm

JoeRetire wrote:
Wed Jul 11, 2018 2:15 pm
BogleMelon wrote:
Wed Jul 11, 2018 12:06 pm
Anything with higher than 0% chance of occurrence has a real probability.
I assume you meant "very real probability".

Anything can happen, but invest anyway. Maybe we can agree on that part.
Absolutely! :beer
"One of the funny things about stock market, every time one is buying another is selling, and both think they are astute" - William Feather

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Re: Dow 40000 prediction for 2025

Post by JBTX » Wed Jul 11, 2018 9:28 pm

cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?

Gracias por leer ~cfs~
Most likely neither, and obvious answer is no one knows.

But my take/guess is that the probability of "lost decade" is probably higher than normal and probability of 7% per year (give or take) the next 10 years is less than normal

heyyou
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Re: Dow 40000 prediction for 2025

Post by heyyou » Wed Jul 11, 2018 10:02 pm

Dow 40000 prediction for 2025
You lost me at "prediction."
I agree with
by david1082b »
...still basic baitclick.

AlphaLess
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Re: Dow 40000 prediction for 2025

Post by AlphaLess » Wed Jul 11, 2018 10:05 pm

KyleAAA wrote:
Tue Jul 10, 2018 11:33 am
That's only a 7% CAGR. Seems reasonable but, of course, you shouldn't count on it.
+1

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Re: Dow 40000 prediction for 2025

Post by whodidntante » Wed Jul 11, 2018 11:02 pm

I just got back from 2025, and I can say this prediction is remarkably accurate. Unfortunately, inflation averaged 9% and the dollar lost a third of it's value after the rise of regional reserve currencies. But the worst part is that beef is illegal in the future.

limeyx
Posts: 240
Joined: Wed Sep 07, 2016 5:34 pm

Re: Dow 40000 prediction for 2025

Post by limeyx » Thu Jul 12, 2018 12:06 am

randomguy wrote:
Tue Jul 10, 2018 12:53 pm
DartThrower wrote:
Tue Jul 10, 2018 12:44 pm
cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?

Gracias por leer ~cfs~
Awesome observation cfs. You nailed it! :sharebeer
There is nothing contradictory in those statements.
a) in 7 years we go from 24k to 40k
b) in 3 years we go from 40k to 24k

What is the problem?
Figuring out when the drop from 40k to 24k starts :)

JoeRetire
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Re: Dow 40000 prediction for 2025

Post by JoeRetire » Thu Jul 12, 2018 5:55 am

whodidntante wrote:
Wed Jul 11, 2018 11:02 pm
But the worst part is that beef is illegal in the future.
I think it's already illegal. I base that on the black market prices being charged for beef these days.

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Flymore
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Re: Dow 40000 prediction for 2025

Post by Flymore » Thu Jul 12, 2018 6:31 am

Makes sense. Right alongside the prediction that a $2000. PC will equal one human mind by 2026. :shock:

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