A stock market correction is a drop of ten percent in value from an all-time high in a stock index. While stock market corrections are defined mathematically, there is a large psychological aspect to the coverage of corrections. All stock indexes can be ‘in correction’, but capital-C Corrections happen on the most popular indexes. When […]
dow jones industrial average
The Dow Jones Industrial Average returned +24.39% in 2017. Using a calculation which includes dividend reinvestment, the Dow Jones returned +28.11%. 2017 Dow Jones Industrial Average Return: Reinvest Your Dividends Those numbers from the introduction are accurate for an index purchase on January 3rd, 2017 sold at close on December 29, 2017. Alternatively, if you […]
The Dow Jones Industrial Average is composed of 30 stocks meant to “represent” the industrial health of American companies. Some of the companies included on the list are household consumables, such as McDonalds, Nike and Coca-Cola. Other sectors include technology companies such as Microsoft and Apple and financial services, including American Express, JPMorgan, Visa and Goldman […]
On this page is a Dow Jones return calculator for investment returns on the Dow Jones Industrial Average with a unique benefit not found anywhere else – it allows you to estimate the return contribution of dividends reinvested in the index, and for inflation! Also! Try our individual stock Graham Number calculator or our individual stock […]
Unlike typical financial sites which have already reported that the Dow Jones Industrial Average returned a ‘meh’ 7.55% from the open on January 1st until the close on the 31st of December, we here at Don’t Quit Your Day Job recognize that real investors don’t burn their dividend checks when they receive them. With reinvested […]
“You are technically correct – the best kind of correct.” – Bureaucrat #1, Futurama 2ACV11 – How Hermes Requisitioned His Groove Back Editor: I updated the chart to coincide with the S&P 500 breaking the nominal closing price record on March 28, 2013. Yes, the DJIA is still at a record high – as of […]
Do psychological barriers matter to you in investing?
The Dow Jones Industrial Average is poised to climb, once again, to the psychologically important level of 10,000. 10,000 has been a memory since last October. As Brett Arends of the Wall Street Journal points out, we first crossed the 10,000 barrier over 10 years ago, and the dollar has lost 23% of its purchasing power in that time. What does Dow 10,000 mean?