DOW make history by surpassing 20,000!
Debra L Morrison, CFP?, MS, AEP, CertLGBTBE (she/her/hers)
Financial & Leadership Coach at Women Navigating Finances, LLC
So here are the 30 stocks that comprise the DOW Jones Industrial Average, in alphabetical order: Apple, American Express, Boeing, Caterpillar, Cisco Systems, Chevron, Coca-Cola, DuPont, ExxonMobil, General Electric, Goldman Sachs, Home Depot, IBM, Intel, Johnson & Johnson, JPMorgan Chase, McDonald's, 3M Company, Merck, Microsoft, Nike, Pfizer, Procter & Gamble, The Travelers, UnitedHealth, United Technologies, Visa, Verizon, Wal-Mart & Walt Disney, all blue-chip, large company stocks.
Whether you own 1 or any number of these 30 stocks in your portfolio is less important than the reminder of this historic moment that if you want to make money over longer periods of time, the stock market has proven to be one of the single best places to invest. Let me remind you of the gloom and doom around the US stock market in February, 2009, when the DOW was at 8037.61. Well, since that time, the DOW has returned investors an average rate of 12.0696% annual returns. You are seeing correctly...north of 12% per year average returns!
What's that sinking feeling? You weren't invested since then? Well don't make that mistake again; get invested in the stock market--including but not limited to the DOW--preferably through no-load Institutional Mutual Funds and allow time to compound earnings for your future, so you can live the Empowered Retirement of which you've always dreamt.