Here is a stock market quiz regarding the Dow Jones Industrial Average (DJIA) closing above 19,000. I think most people will be surprised @ the result of the quiz – including the many investors in the readership.
Stock Market Quiz:
The graphic below shows the DJIA increasing from the 1,000 point breakthrough in November 1972 to 19,000 in November, 2016
What is the real (inflation adjusted) compound annual rate of return from November 1972 to November 2016 for the DJIA given a compound annual inflation rate of 4.04% during this time? Do not consider broker fees, dividends, taxes, timing regarding the payment of taxes, or slippage between the expected price of a trade & the price @ which the trade is actually executed.
I will post all correct answers or alternatively will send the solution privately to anyone who requests it if no one figures it out.
click on graphic to enlarge