Comments on: Barrons Forecasts 20,000 Point Dow by 2009

By: John

John — Wed, 25 Nov 2009 17:33:32 +0000

Yeah don’t bogart that joint. Who the hell actually believed this? Who ever did should not be investing period. personally after all the bailout money is gone look to the down to start heading south again.

By: Fritz

Fritz — Fri, 06 Mar 2009 00:15:12 +0000

Come on, there is still a chance!

By: angelo orlandella

angelo orlandella — Wed, 24 Dec 2008 21:39:41 +0000

io voglio il telefono che funziona mille grazie

By: MarkFu

MarkFu — Tue, 23 Dec 2008 23:20:08 +0000

Should this be enough to convince people not to listen to these worthless predictions?

By: robert

robert — Tue, 23 Dec 2008 15:09:56 +0000

I wonder what he thinks now? Did he ever shoot pool with Madoff?

By: Frederick

Frederick — Tue, 25 Nov 2008 15:13:20 +0000

I can’t believe Barron’s hasn’t had the courage to do a follow up with this guy. Pretty shameful to print that article back in March and then pretend like it never happened. Come on Barron’s, where are you and the soothsayer Mr. Finucane?

By: John P.

John P. — Tue, 28 Oct 2008 17:06:00 +0000

hehehe

My sentiments exactly!

By: Spohn

Spohn — Tue, 28 Oct 2008 14:52:41 +0000

Good Job Barrons! Since the Dow is currently in the 8000s it appears to be just on track to hit 20,000 by 2009.

By: RHB

RHB — Wed, 02 Apr 2008 05:19:18 +0000

That’s just good market philosophy, allways has been. The market is long term and opportunistic smart buyers fine tune investment strategies over time. The risk is that eventually if you get old, and want to cash out you had better hope it is on an uptick!

By: petheridge

petheridge — Wed, 26 Mar 2008 02:22:27 +0000

The best way to make money over time in the market is to do what Derek Wong (above) is doing, investing consistently over time. The best way to lose money is to follow the advice of the talking heads on TV and bail out when the going gets rocky. Don’t make short term decisions with long term money!!!

By: Mistergin

Mistergin — Tue, 25 Mar 2008 16:43:29 +0000

I agree.. I’m hesitant to do much else other than guaranteed bets. Many of our company’s 401k participants lost a bunch last quarter and while it’s volatile and some are doing well.. For once I’m happy with a guaranteed 5-6%.

Still looking for some conservative index funds that offer higher percentages, but I have a nagging feeling things are only getting worse. It seems like the whole 9/11 thing. We made the mistakes that caused 9/11 many years prior to the incident. I think with the gov’t bailouts (which some view the BS deal to be), we’re only seeing the tip of the iceberg.

We have long fuses trailing from the debt obligations we’ve sold as investments to foreign investors and countries and once those blow up in their face, we may see less enthusiasm to deal with the dollar. When the pres went to OPEC to argue for tighter price controls, they said it wasn’t THEIR fault our economy sucks.

I think that’s a telling view of how the rest of the world will view us when we try to strongarm our way into a “just until next paycheck” loan. In the end, the cost will get passed to the consumer as always.

By: Derek Wong

Derek Wong — Tue, 25 Mar 2008 16:15:33 +0000

I just recently started setting up an automatic investment into some mutual funds (both for a retirement account and a personal investment account). I’m not about to go all in right now, but the general wisdom seems to favor at least consistently investing over the long run.

Interesting find for the article. Hopefully not so many people read it such that it will cause the market to unnaturally fluctuate. Haha I’m pretty sure that it won’t.

By: Tom Barr

Tom Barr — Tue, 25 Mar 2008 06:13:46 +0000

I haven’t been watching the market but I did pull up a chart and drew a line through the data for the last 70 years and yeah we are south of the line by quite a bit so we are due for a shift up. In the long term the market is quite predictable with in an upward trending band. I can’t tell you where it will be next week or next year but the trend is upward. And I also think we’ve had enough of recession talk that it’s finally half way done. :)