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Setting Records by brian.rrr

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· @brian.rrr ·
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Setting Records
Hi Friends,

The Dow Jones Industrial Average hit 30,000 this week - a new record!  Here is the chart since inception:


![D20ABB0B-E1CE-47B7-B104-3CE37B7D7EE8.jpeg](https://images.hive.blog/DQmWNKTdRHfS1t2spRvevdWfDD7FKXbkrX2kRQnFY8sn1KG/D20ABB0B-E1CE-47B7-B104-3CE37B7D7EE8.jpeg)


As the "resident expert" on investing with my friends and family, it is not uncommon for people to ask my opinion about where the markets are heading.  While I do not have a crystal ball, all I can tell them is "historically, just stay long" as that is what will win for long term investors.

The most recent example was a few months ago when my mom had one of my aunts chirping in her ear about getting out of the markets and going to all cash (which my aunt did) - the pandemic, the election and Iran nuclear issues were going to tank the stock markets.  I told her to ignore my crazy aunt, which she did.  Had she listened, she would have lost out on 25%+ returns by selling after the selloff in March-April.  Too bad for my aunt, lol.

Thanks for coming by today,
Brian
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