No. of Recommendations: 2
Simple answer---alternative facts?

Yes, here is the alternative fact.

The DOW first hit 10,000 in the spring of 1999. I remember this as I still have my Dow 10,000 hat.

The DOW first hit 20,000 in Jan 2017.

Jan 2017- March 1999 is roughly equal to 17-18 years. It took just under 18 years for the DOW to double from hitting 10,000 to 20,000.

Let's hope it doesn't take another 17-18 years to double to 40,000.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.