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I used the DJIA because Nasdaq 100 and S&P500 aren’t even 100 years old yet, so I can’t go back to 1929 or even 1945 and see how the S&P500 was doing. Dow was t
by gymbeaux 3y ago
I used the DJIA because Nasdaq 100 and S&P500 aren’t even 100 years old yet, so I can’t go back to 1929 or even 1945 and see how the S&P500 was doing. Dow was the only index back then that still exists today as far as I’m aware.
- nradov 3y agoThe modern US financial system has only really existed since 1971 so I fail to see the point of looking back further for retirement planning. And the DJIA is constructed in such a way that comparisons going back that far are nearly meaningless. You're just looking at noise.