Dow 20k
For investors and people who love numbers, today was a big day. The Dow Jones Industrial Average crossed over the 20,000 mark. Is it a big deal? Well, yes and no. What it should do is make people pay attention to the power of compounding and how investing in stocks is the best way to build wealth over their lifetime. For some perspective, the Dow reached 10,000 in October of 2009. So, in roughly 17 years your money has doubled. That is just the average. If you are a good stock-picker, your investment in The Home Depot would have gained about 400%, and your investment in Goldman-Sachs would have gained roughly 300%. And, let's not mention Amazon, Google, Facebook, and Netflix. They are not members of the Dow 30, but have gained roughly that amount in the same time period. What I'm telling you is: Get your money out of your cell phone bill, cable company, or your ridiculous car payment and build your future. That's free advice. ...