investing
Dow 500,000: The Case for Staying the Course
Why Patience, Not Prediction, Is Your Greatest Investment Edge “Some things have to be believed to be seen.” – Ralph Hodgson That may sound ambitious, but a Dow 500,000 is not as far-fetched as it appears. The reasoning is straightforward: compounding. Starting from today’s level of 49,500, the Dow Jones Industrial Average* would climb to