The Dow Jones Industrial Average Could Hit 100,000 by 2030
The Dow Jones Industrial Average could be headed to 100,000 by 2030.
The Dow Jones Industrial Average could be headed to 100,000 by 2030. The tracking ETF for the Dow is the SPDR Dow Jones Industrial Average ETF (DIA) - Get Report .
That's according to financial expert Ric Edelman, author of The Truth About Your Future: The Money Guide You Need Now, Later and Much Later.
The blue-chip index is currently just shy of 21,000. A surge to 100,000 would represent a roughly 376% increase.
"If I'm wrong, it'll be 150,000," he said. "We're going to see incredible profits in the United States, as well as globally."
Edelman's book aims to educate investors on how to save for retirement in the age of technology, where life expectancy is on the rise.
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