What’s 20,000 points now days?

hank

The intra-day low reached by the Dow Jones Industrial Average in 2009 was 6,469.95. Today, just over 10 years later, the Dow sits north of 27,000 - a gain of about 20,500 points. My math says that’s better than a 400% gain over 10.5 years, or an average gain of near 40% yearly over those years. Assuming many of those stocks kicked out dividends, the gain for investors is likely even higher.

Here’s what the markets looked like in early 2009 for those too young to remember. https://www.benzinga.com/general/education/19/03/11312055/this-day-in-market-history-dow-hits-2009-financial-crisis-low

Persons attempting to find a motive in this narrative will be prosecuted; persons attempting to find a moral in it will be banished; persons attempting to find a plot in it will be shot. - Mark Twain

Derf

@hank Just maybe it,your example, would look better at it's high before the draw down ended ?!
Derf

johnN

Will it be 13500 nov1 2020

davidrmoran

how much are you willing to put down for this bet? seriously