To: SeekAndFind
Using the Rule of 115 a rough measure of how long it takes for something to triple based on a constant return thats a gain of roughly 7% per year.
If that rate of return holds for the future and its smack in the middle of the 6% to 8% long-term range that many market observers believe is realistic then the Dow would triple twice more over the next 32 years.
To: SeekAndFind
Bubbles down get that big. You can only BS people with so much monopoly money. Inflation is right around the corner.
4 posted on
05/11/2013 9:58:57 AM PDT by
Viennacon
To: SeekAndFind
2050, we’ll be lucky to make it to 2020.
5 posted on
05/11/2013 10:00:43 AM PDT by
exnavy
(Fish or cut bait ...Got ammo, Godspeed!)
To: SeekAndFind
A Question:
A DOW of 116,500 — Would the US dollar actually be worth anything?
What does it matter what the DOW is or will be? The inflation rate will strip away any real gain in wealth.
6 posted on
05/11/2013 10:01:30 AM PDT by
txnativegop
(Fed up with zealots)
To: SeekAndFind
At that point the ?$dollar$? will be worth about .001 cents. And America will be worth less.
7 posted on
05/11/2013 10:02:28 AM PDT by
Don Corleone
("Oil the gun..eat the cannoli. Take it to the Mattress.")
To: SeekAndFind
And gold will be cheap at $50,000/oz.
9 posted on
05/11/2013 10:15:11 AM PDT by
Mr. Jeeves
(CTRL-GALT-DELETE)
To: SeekAndFind
That’s about the time i will hit 103
Just saying
Freegards
LEX
To: SeekAndFind
I don't disagree.
11 posted on
05/11/2013 10:30:07 AM PDT by
Sooth2222
("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
To: SeekAndFind
$15,000 is only 908.16 in 1938 dollars according to one of the inflation calculators.
13 posted on
05/11/2013 10:41:23 AM PDT by
fella
("As it was before Noah, so shall it be again,")
To: SeekAndFind
The DOW just might reach that high due to that pesky and persistent little factor called inflation.
To: SeekAndFind
And in 2050 a loaf of bread will cost sixty bucks.
18 posted on
05/11/2013 12:10:32 PM PDT by
JimRed
(Excise the cancer before it kills us; feed &water the Tree of Liberty! TERM LIMITS, NOW & FOREVER!)
To: SeekAndFind
$116,500 price for a loaf of bread 2050
20 posted on
05/11/2013 4:53:17 PM PDT by
mosesdapoet
(Serious contribution pause.Please continue onto meaningless venting no one reads.)
To: SeekAndFind
" Uhhhh, that's not ours either! "
---Weiner, Obama, Perry, Pelosi, Frank, Pritzker and Associates, LLLP.
SOSDT
22 posted on
05/12/2013 4:02:48 AM PDT by
TArcher
("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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