Record DJIA? Not if it's adjusted for inflation.Submitted by George Strait on Wed, 03/06/2013 - 23:28
The DJIA record of 14269, set today, is totally irrelevant.
Starting in January 2000, when the index was 11700, the index today would have to be over 15900 JUST TO KEEP UP WITH INFLATION.
Starting in 2007, at its former record, the Dow would have to be 16200, just to keep up with inflation. Only with dividends reinvested are we up at all since 2007 when adjusted for inflation (0.75% percent annual returns, if you're interested).