Care to guess what sort of annualized advance on the Dow it would take to rise from the current 21,384 level to 40,000 in 13 years? MorningstarWe think the Dow will reach 40,000 sometime before 2030, but as the Miracle of Compounding confirms, it really is time in the market (and not market timing) that is a major key to long-term investment success. The initial market reaction was positive, with Bloomberg reporting the following headlines on Wednesday afternoon, “Jabil 3Q Core EPS Beats Est. ; Shares Rise 5.5%; Jabil 3Q core EPS 31c, est. 62c (range 58c to 67c); Posts Committed to Achieving $3 Core EPS in Fiscal 2019; Sees 4Q rev.
Source: Forbes June 22, 2017 19:18 UTC