Will the Market Nearly Triple in 6 Years? This Guy Thinks So
͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The analyst famous for calling last year's stock rally is making news again: This time for predicting the market will nearly triple in just six years. If he's correct, that could mean a lot more wealth for individual investors like you and me. (I know that doubling or tripling my stock account in six years would have an enormous effect!) But should we believe him? The analyst is Thomas Lee of Fundstrat Global Advisors. He's been studying stocks for decades, is a regular on CNBC, and even has his own Wikipedia page. (I'm most jealous of that.) On a Bloomberg podcast, he said he believes that the S&P 500 -- currently around 5,500 -- could reach 15,000 by 2030. Part of his thesis is the effect artificial intelligence will have on the economy. At The Motley Fool, we only partially agree with the message he's sending -- and have some thoughts on how individuals should be thinking about this. Where we disagree We are not market timers, and don't think anyone can consistently predict where the market will be on any particular date. Where we agree For this prediction at least, I appreciate that Lee is taking a somewhat long-term look ahead. One of the big reasons Motley Fool Stock Advisor has historically smashed the market with 661% over its 22-year existence is because we believe a long-term mindset is best for individual investors. Also: - We are bullish on the long-term direction of the stock market
- We believe in the enduring strength of the American economy
- We're confident the market will go up, over time
This chart is very long-term, and it certainly points out why the market has historically been -- by far -- the best wealth-building machine for regular folks like us. |
You can see why the stock market has helped countless people buy homes, put their kids through school, and retire comfortably. Bottom line We believe in staying invested through good times and bad (because you can never predict the good or the bad ahead of time). And we think yes, this is a good time to invest in stocks for those with a long-term outlook. And if Lee is correct, I for one would rather be investing regularly in Stock Advisor recommendations -- perhaps alongside a broad market index fund. Stock Advisor will have its ups and downs and fantastic runs and rough patches… like any recommendation service. But the fact is it has historically beaten the S&P 500 by more than 4-to-1 since inception, and has produced winners like... - Nvidia (recommended 4/2005), up + 64,086%
- Netflix (recommended 12/2004), up + 27,074%
- Amazon.com (recommended 9/2002), up + 21,708%
...and that makes a very strong statement for our long-term investing strategy. Will the S&P 500 reach 15,000 by the end of this decade? No one really knows. But if it does, and you want to have some great stock ideas to help you out along the way, please check out our special new member offer (coupled with our famous membership-fee-back guarantee). |
|
|
*Returns as of August 12, 2024. |
How did you like this email? |
|
|
|
1 Based on $199/year list price. Introductory promotion for new members only. Stock Advisor will renew at the then current list price. Promotional pricing in this email expires at 3:00 AM ET on September 27, 2024. We work fervently, feverishly, and Foolishly to make sure all the facts and figures we publish in our emails are 100% accurate and up to date. This is a promotional message from The Motley Fool | 2000 Duke St. | Alexandria, VA 22314
Legal Information. Copyright ©1995-2024 The Motley Fool. All rights reserved. To prevent this from getting swept up by overzealous email filters, add Fool@info.fool.com to your address book. If you no longer wish to receive this email, please unsubscribe now. Please do not respond to this email as this mailbox is unmonitored. Go to our help center for answers to frequently asked questions and for options on how to contact us |
|
|
|
No comments:
Post a Comment