Dow 40,000: Strategies for Profiting from the Greatest Bull Market in History

By David Elias

The author of this guide predicts that the Dow Jones will reach 40,000 by the year 2016 - but it won't be plain sailing all the way. To profit from the strongest bull market in history, investors will... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071351280
• ISBN13: 9780071351287
• Release Date: June 1999
• Publisher: McGraw-Hill
• Length: 209 Pages
• Weight: 1.16 lbs.
• Dimensions: 9.5" x 1.0" x 6.3"

Customer Reviews

A Good Read!

Call David Elias an optimist. He expects the Dow Jones Industrial Average to hit 40,000 by the year 2016, and he stands by his prediction, even in the wake of the stock market down turn. His target doesn't sound so outlandish if you consider that, in order to hit 40,000, the Dow must rise by only 9% annually in the next 16 years. (Investors already have accustomed themselves to much grander annual returns.) However, Elias, an investment adviser, might strike some readers as a bit too cheery. He says interest rates and inflation will remain low for a decade, and he predicts that the developing world will goose profits by buying ever-increasing quantities of products from U.S. companies. Elias also argues that the much-feared backlash from Baby Boomers pulling out of the market after they retire will prove a myth. While Elias' outlook is relentlessly buoyant, we [...] recommend his information to investors and his book's ripe conversational fodder to futurists and analysts.

OUTSTANDING BOOK ON INVESTING

In this book, Elias relates finance to the changing demographics of America and the rest of the world. His predictions about the future global economy are based on solid research and historical comparison. He focuses on Blue chip investing and gives Solid low-mid level risk advice. He actually gives recommendations on specific companies. His diversified portfolios allow for investors to invest using his advice with some freedom. This is the best book on the market and investing I have ever read. A must read for newcomers and veterans.

The book starts with a history, ends with a winning portfoli

I have just finished reading the DOW 40000 by David Elias and found it fascinating reading for investors on any level, expert, novice or anywhere in between. The author starts with a historical perspective of the DOW and takes the reader through the steps to 40000 in 2016. The book is a cornacopia of information and a common sense approach to investing that is optomistic and easy to understand. His optomism is supported by factors that he discusses in great detail, such as demographics, the global economy, technology's impact on the economy, and the all important - BABY BOOMERS! The book starts with a history and ends with a winning portfolio. What more could a reader ask!