DOW JONES. I have mutual funds with USAA and im curious in the DOW is gonna go up?
whats your opinion on the DOW when do u think it is gonna go back up and when do u think the peak is gonna be. please only educated answers. WHEN IS IT GONNA MAKE ME MONEY?? thank you
- Steve DLv 71 decade agoFavorite Answer
The only educated answer is "who knows" - the Dow will follow the rebound of the economy - since one can only guess when the economy will rebound, one can only guess when the Dow will rebound. However, you must realize that the Dow does not mean you will make or lose money - the Dow index is based on 30 large stocks - it is entirely possible that a good mutual fund manager can outperform the Dow or the S&P 500 or whatever index you wish to track.