If you earn just 7 percent a year on your money, your money will double in 10 years. Thus, a doubling of the Dow Industrials in 10 years implies a 7 percent average annual return. In those terms, a move to 20,000 is not only possible but expected. This example brings up the problems that some individuals have with numbers, especially big numbers. When you hear numbers being thrown around by analysts, friends, or the press, don t be afraid to question the veracity of the numbers.
Chances are, there s probably more to the story.
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