http://genxfinance.com/2006/10/20/12000-dow-milestone-so-what/ Helping a unique generation achieve financial independence. Sat, 20 Mar 2010 15:15:15 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://genxfinance.com/2006/10/20/12000-dow-milestone-so-what/#comment-2 LAMoneyGuy Mon, 23 Oct 2006 20:45:55 +0000 http://genxfinance.com/2006/10/20/12000-dow-milestone-so-what/#comment-2 I couldn't agree more. The record highs and the "milestone" of 12,000 makes for great headlines, and much to rant and rave about at CNBC, but what does it really mean? If you invested in the Dow at its prior peak in January 2000 would you be in the black today? Not after inflation. Also, thee stocks were taken out of the Dow in 2001, and replaced by three newcomers. How does that change the picture? All things that you won't hear much of from CNBC. I couldn’t agree more. The record highs and the “milestone” of 12,000 makes for great headlines, and much to rant and rave about at CNBC, but what does it really mean? If you invested in the Dow at its prior peak in January 2000 would you be in the black today? Not after inflation. Also, thee stocks were taken out of the Dow in 2001, and replaced by three newcomers. How does that change the picture? All things that you won’t hear much of from CNBC.

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