- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
On this date in 1987, the Dow Jones Industrial Average, for the first time ever, closed...
Posted on 1/8/19 at 2:30 pm
Posted on 1/8/19 at 2:30 pm
....over 2,000 closing at 2,005.91.
There are unconfirmed reports that some stock experts on that date predicted the DJ was about to crash and would never go over 2,000 again.
There are unconfirmed reports that some stock experts on that date predicted the DJ was about to crash and would never go over 2,000 again.
3
Posted on 1/8/19 at 2:32 pm to LSURussian
Posted on 1/8/19 at 11:38 pm to LSURussian
I was in high school in 1987. I remember our government/civics teacher telling us about stock brokers committing suicide over Black Monday, so your statements about dire predictions are very accurate.
This post was edited on 1/8/19 at 11:39 pm
Posted on 1/9/19 at 12:48 pm to LSURussian
Does this mean we'll be over 200k in another 30 years?
Posted on 1/9/19 at 12:59 pm to timdonaghyswhistle
quote:Your teacher lied to you.
I remember our government/civics teacher telling us about stock brokers committing suicide over Black Monday,
Posted on 1/9/19 at 1:02 pm to LSURussian
Yeah the teacher must have been thinking of the Great Depression where bankers were jumping out of windows.
Posted on 1/9/19 at 1:43 pm to TheIndulger
quote:Warren Buffett predicted a few months ago that the DJ will hit 1,000,000 within 100 years so I guess 200,000 in 30 years is doable.
Does this mean we'll be over 200k in another 30 years?
Posted on 1/9/19 at 2:08 pm to LSURussian
Is he your God?
That is ludicrous!
That is ludicrous!
Posted on 1/9/19 at 2:13 pm to LSURussian
quote:That translates to about a 7.3% annualized gain over that time frame. So that wouldn’t be surprising at all.
so I guess 200,000 in 30 years is doable.
Posted on 1/9/19 at 2:35 pm to Hussss
quote:No, but he has a whole lot more credibility about investing than you ever will.
Is he your God?
quote:For the Dow Jones to go from its current 23,900 to 1,000,000 in 100 years only requires a compounded annual rate of growth for the Dow Jones of 3.85%.
That is ludicrous!
The Dow Jones over the last 117 years has increased at an annual compounded rate of 5.50%.
So why is it ludicrous?
Maybe math and shite just ain't your thing....
This post was edited on 1/9/19 at 3:21 pm
Posted on 1/9/19 at 2:40 pm to LSURussian
Markets have to have credit expansion and debt creation in order to rise. They have had this perfect recipe to do so when demographics called for this. We are headed to the other side of the mountain now.
Posted on 1/9/19 at 2:40 pm to LSURussian
Being nuts and/or trolling is his thing
Posted on 1/9/19 at 2:42 pm to notiger1997
Let’s hear your investment thesis.
What are you buying?
What are you selling?
How are you positioned and why?
Come on. I came here for substance and besides Doc Fenton I have found NONE.
What are you buying?
What are you selling?
How are you positioned and why?
Come on. I came here for substance and besides Doc Fenton I have found NONE.
Posted on 1/9/19 at 2:44 pm to Hussss
You came here to preach doom and gloom and try to act like you knew something. Russian has made you look dumb.
Posted on 1/9/19 at 2:46 pm to notiger1997
Russian? Yeah right. That 3rd grader doesn’t know his elbow from his a s s h o l e.
Posted on 1/9/19 at 3:26 pm to Hussss
Dude, a 3.8% average yearly gain for the market isn't shite. How could you possibly argue against that?
Posted on 1/9/19 at 3:28 pm to TheIndulger
quote:Careful. You're about to be accused of being my alter.....
TheIndulger
Posted on 1/9/19 at 4:52 pm to LSURussian
quote:
For the Dow Jones to go from its current 23,900 to 1,000,000 in 100 years only requires a compounded annual rate of growth for the Dow Jones of 3.85%.
The Dow Jones over the last 117 years has increased at an annual compounded rate of 5.50%.
So why is it ludicrous?
Maybe math and shite just ain't your thing....
I think the S&P over the past 91 years averaged a little over 11% with dividends reinvested, adjusted for inflation that's a real return of around 7-8%.
But let's listen to Husss, he found a penny stock that returned 300% that one time.
Posted on 1/9/19 at 5:07 pm to Hussss
quote:As the other poster pointed out, that's an urban legend that never happened.
must have been thinking of the Great Depression where bankers were jumping out of windows.
You're something like 0 for 5 just today.
But by all means, please teach us about investments. How else can we ever learn???
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News