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Any predictions upon what day the DJI tops 40,000?

edited November 2021 in Other Investing
36,280 this morning +200 points for the day. At that rate, the 40,000 mark would be accomplished around December 1.

Anybody think before Thanksgiving?

Anybody see 50,000 by year end?

Comments

  • edited November 2021
    Well............could be as much fun as electronic, online gambling in Michigan, eh?

    However, without setting/guessing a number; I'll cheer for the continued upward U.S. equity path, as we sit at 69/31% ,equity/bond mix. Perhaps a bit too HOT a mix for an older folks portfolio; but......

    But, I'll wager that one of us buys the other a cup or two of coffee the next time you pass through FNT and that we both can accommodate a schedule for this.
  • edited November 2021
    :) Not sure where I am …

    Likely 40 / 30 / 30 Equity / Bond / Other

    (or something along those lines)

    Re Electronic online gambling in Michigan - Markets are so exciting haven’t even bothered to watch a BB game or wager on anything.

    Re DFKG / Per earlier post, unloaded small position around 11/6 after NY approved their operation - but with a 51% state tax on earnings. Since than it has fallen from the mid $40s to under $39 at one point this morning. Hope folks aren’t sitting on a big slug by way of C Wood’s Ark fund.

    Wishing Catch and everybody here investing success!
  • Shiller p/e about to touch 40, regular SP500 p/e 30

    Allan Roth today tweets about the new M* 3.3% SWR guidance (30y lifespan; probably already posted here)

    https://www.morningstar.com/articles/1066569/whats-a-safe-retirement-spending-rate-for-the-decades-ahead
  • edited November 2021
    It will likely to get there by end of the year. The more important question is whether the earnings will improve in light of supply chain pressure.
  • Fox NFL broadcasts feature gambling odds on games later in the day. There’s a plus-minus number, an over/under figure, and a percentage figure expressing the likelihood of one team winning. Mumbo-jumbo to me as I confine my wagering to the games played M-F 9:30-4:00.
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