410-Dow 20,000? What Does it Mean and What Should You Do About It?
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 11 January 2017
⏱️ 46 minutes
🧾️ Download transcript
Summary
The Dow Jones Industrial Average has been steadily flirting with an all-time record of 20,000 points.
I certainly expect it to cross that threshold any day.
But, so what?
Today I tackle these three questions:
- What does a 20,000 point DJIA mean?
- What does it mean to you?
- What should you do about it?
Enjoy!
Joshua
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Transcript
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| 0:00.0 | The Dow Jones Industrial Average has been flirting with 20,000 points for last week or more, |
| 0:10.0 | and it's got everybody quite tantalized at the moment. |
| 0:15.0 | Just very much looking forward to that magic 20,000 point mark. |
| 0:22.0 | As I record the show right now on January 11, 2017, it's at 19,954 points. I think |
| 0:30.0 | it's doing this little 90-10 rule for coming in for a kiss. We've come in 90% and it's just |
| 0:37.2 | simply sitting there and waiting, waiting, to make up the other 10%. |
| 0:44.6 | But here's the questions that matter though. |
| 0:48.6 | Number one, what does it mean for the Dow to be at 20,000? |
| 0:52.4 | Number two, what does the Dow at 20,000? Number two, what does the Dow at 20,000 mean to you and what should |
| 1:00.5 | you do about a 20,000 point Dow Jones industrial average. |
| 1:05.0 | But first, sponsor the day today, number one, is Paladin Registry. |
| 1:09.0 | Hey, if you're listening to this and you don't already know what Dow Jones industrial average is and what it means for it to be at 20,000 points, |
| 1:18.0 | that might mean that you don't have a good financial advisor to talk to and call. |
| 1:22.0 | And that might mean that you didn't already meet with a good financial advisor to talk to and call. |
| 1:22.8 | And that might mean that you didn't already meet with a good financial |
| 1:25.2 | advisor and ask them about that. |
| 1:27.5 | Well, listen to the show, but as soon as we hang up the show, |
| 1:31.2 | go to Radical Personal Finance. |
| 1:32.2 | Com slash Palladin and start your search. But as soon as we hang off the show, go to Radical Personal Finance.com slash |
| 1:32.8 | Paladin and start your search for your next great financial advisor. Radical |
| 1:38.3 | Personal Finance.com slash Palladin. Also sponsored by Personal Capital. Personal Capital is the best financial dashboard for you to use to see all of your accounts and all of your money and the performance in one spot. |
| 1:52.0 | Because here's the deal. |
... |
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