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Experts: D O W will hit 60,000 in 20 years


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Dow Will Hit 60,000 in 20 Years, Ron Baron Says

 

Expecting stock market returns for the next 20 years to approximate the 7 percent annual returns earned by U.S. stocks for generations, Baron quoted Albert Einstein that "the most powerful force in the universe is compound interest."

He said in his opinion based on the compounding effect, "the Dow Jones will be 30,000 in 10 years, 60,000 in 20 years."

http://www.cnbc.com/id/100869337

 

 

 

Provided of course, Democrats remain the dominant party.....

 

:)

 

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