Village Journals
Resonate your identity with Naseeb journals. Express your opinions, share your thoughts, post your writings and connect with like minded people through the power of expression.
Resonate your identity with Naseeb journals. Express your opinions, share your thoughts, post your writings and connect with like minded people through the power of expression.
The Dow Is Crashing!
Is the Dow really making new highs? Another look at the mighty 13,000 Dow.
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The Dow Is Crashing! goldsilver.com)
A Story in Pictures by Mike Maloney
On October 4th 2006, the Dow broke its old high of 11,750 set back on January 14th 2000, and from then on all you heard from the financial press was "Dow sets a new, all time, record high"? at least that's all you heard until the correction on February 27th, 2007.
I just don't get it. How can anyone at this point in time (including the financial press) believe they are actually making gains being invested in general equities? On February 20th, the Dow hit its "brand new, all time, record high" of 12,795, and at the writing of this article hovers at 12,560, 6.9% above its 2000 high.
A 6.9% gain over the entire 7-year period? hasn't anyone heard of inflation? Don't investors know that if their portfolio doesn't outpace inflation they are actually losing ground?
The Dow is actually crashing, but if you have not yet educated yourself on the insidious ravages that inflation can have on your portfolio, you can't see it. This is a blind spot investors must be mindful of, and guard against, if they are to prosper.
" class="undrLnk" target="_blank" rel="nofollow" onclick="pageTracker._trackPageview('/outgoing/http://goldsilver.com/the_dow_is_crashing.php]')">goldsilver.com
-----------------
The Dow Is Crashing! goldsilver.com)
A Story in Pictures by Mike Maloney
On October 4th 2006, the Dow broke its old high of 11,750 set back on January 14th 2000, and from then on all you heard from the financial press was "Dow sets a new, all time, record high"? at least that's all you heard until the correction on February 27th, 2007.
I just don't get it. How can anyone at this point in time (including the financial press) believe they are actually making gains being invested in general equities? On February 20th, the Dow hit its "brand new, all time, record high" of 12,795, and at the writing of this article hovers at 12,560, 6.9% above its 2000 high.
A 6.9% gain over the entire 7-year period? hasn't anyone heard of inflation? Don't investors know that if their portfolio doesn't outpace inflation they are actually losing ground?
The Dow is actually crashing, but if you have not yet educated yourself on the insidious ravages that inflation can have on your portfolio, you can't see it. This is a blind spot investors must be mindful of, and guard against, if they are to prosper.
" class="undrLnk" target="_blank" rel="nofollow" onclick="pageTracker._trackPageview('/outgoing/http://goldsilver.com/the_dow_is_crashing.php]')">goldsilver.com