Dow 1,000,000

[Doug Henwood]

Greg Nowell pointed out that the timetable for Dow 1,000,000 I posted the
other day was mislabeled. Here's a corrected version. It assumes that the
average price return since 1994 will extend indefinitely. Dividends
excluded, since as the enlightened one informed us, they're risible. They
would, however, add 2 percentage points to the return average, and bring
Dow 1,000,000 two years closer - to 2019 rather than 2021.

Maybe Chelsea could run for president in 2020 on a Dow 1,000,000 platform,
carrying on her father's legacy.

Doug

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1994-99 avg	23.5%
1999	10,000
2000	12,347
2001	15,245
2002	18,823
2003	23,240
2004	28,694
2005	35,429
2006	43,744
2007	54,010
2008	66,686
2009	82,337
2010	101,660
2011	125,520
2012	154,978
2013	191,351
2014	236,259
2015	291,708
2016	360,170
2017	444,700
2018	549,068
2019	677,931
2020	837,037
2021	1,033,485
2022	1,276,037
2023	1,575,515
2024	1,945,279
2025	2,401,824