Debt Clocks http://www.usdebtclock.org/ My bold prediction, "the stock market will be around $10,000 in the year 2020 (give or take a year or so), the market will vary widely and probably reach ~ $18,000 - $20,000, however, there will be no growth in the market from the years 2000 - 2020. The market will simply be a multiple of the years from 1964 - 1984." Prediction made in 2009. "The market has turned into a casino."  When did more than 50% of companies start investing in 401k's? (Hint - 1983) http://en.wikipedia.org/wiki/401(k) What do you think will happen when these employees start taking out of the market? If you have money in a 401(k), this might be worth watching, http://www.pbs.org/wgbh/pages/frontline/retirement/view/ . |
Interesting Stuff |