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<blockquote data-quote="Catatonic" data-source="post: 3246937" data-attributes="member: 7966"><p>So Obama effected a 6000 point gain from the recovery point of ~12,000 and got it to 18,000 over a 5 1/2 year period.</p><p>Trump effected a 4,000 point gain in a little over 13 months.</p><p>Time will tell but if you extend Trump out to 5 1/2 years at the same growth rate the DOW will be at 38,000.</p><p></p><p>As Greenspan would say ... "Irrational exuberance" ... last time he said that, the market tanked in 3 years due to 'irrational exuberance'.</p><p>I meet with my financial analyst next week and I'm going to propose a dollar cost average out of the market starting in January. Not sure what I will be in but that's where the FA earns his money.</p><p>I was already at 99% positive until age 98 on a 1000 runs on a Monte Carlo simulation in my investments and cash flow.</p><p></p><p>The bubble will burst ... the question is when?</p><p></p><p style="text-align: right">[USER=56562]*[/USER]</p></blockquote><p></p>
[QUOTE="Catatonic, post: 3246937, member: 7966"] So Obama effected a 6000 point gain from the recovery point of ~12,000 and got it to 18,000 over a 5 1/2 year period. Trump effected a 4,000 point gain in a little over 13 months. Time will tell but if you extend Trump out to 5 1/2 years at the same growth rate the DOW will be at 38,000. As Greenspan would say ... "Irrational exuberance" ... last time he said that, the market tanked in 3 years due to 'irrational exuberance'. I meet with my financial analyst next week and I'm going to propose a dollar cost average out of the market starting in January. Not sure what I will be in but that's where the FA earns his money. I was already at 99% positive until age 98 on a 1000 runs on a Monte Carlo simulation in my investments and cash flow. The bubble will burst ... the question is when? [RIGHT][USER=56562]*[/USER][/RIGHT] [/QUOTE]
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