Henry
Doug Henwood wrote:
> 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
>
> ----
>
> 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