Wall Street has become the wealth-building avenue of choice for Americans looking to build a secure future. To make the most of your investments, however, you must have a smart plan, solid advice, and a vision for the future that will allow you to let the stock market work for you, and do what it does best-make money grow. DOW 40,000 will help you understand how generations of Americans have built wealth the old-fashioned way-by investing in high-quality stocks. Starting with a fascinating history of the Dow-Jones Industrial Average, the most-widely-followed stock market indicator in the world, DOW 40,000 gives you a solid foundation for understanding blue-chip stock investing-and how you can use it to construct a portfolio that limits your risk while providing unlimited potential for growth. Everything you need to understand-and take part in-history’s greatest economic phenomenon is right here, including: Top 12 stock picks-core holdings upon which to build a rock-solid portfolio. Eight model portfolios-combinations of stocks that should outpace the Dow; Mutual fund strategies-how to use mutual funds for diversification and profit; Historical events that set the stage for today’s Dow-and how understanding them will help you make the most of today’s market action; An updated understanding of risk, with a convincing argument that the greatest risk is in being out of the market; Analysis of the privatization of Social Security-and why it should give a dramatic boost to stock prices and values; The Baby Boomer Effect-How this huge social force will drive the markets upward, well beyond 40,000; How different sectors-cyclicals versus staples, for example-should behave in the next two decades; Winning Investment Strategies-Where to put your money to get the most bang for the buck; The Dow Dozen-Solid companies that have provided handsome returns in the past, and should continue to be wealth-builders for investors. As we end the twentieth century, the U.S. stock market
