Dow 900,000

Ron Baron, the CEO of Baron Capital, recently predicted that the Dow Jones Industrial Average (DJIA) would hit 900,000 by 2073... Ron Baron, the CEO of Baron Capital, recently predicted that the Dow Jones Industrial Average (DJIA) would hit 900,000 by 2073...   [Wealth Daily]      Christian DeHaemer / Jul 04, 2023 Dow 900,000 Ron Baron, the CEO of Baron Capital, recently predicted that the Dow Jones Industrial Average (DJIA) would hit 900,000 by 2073. This might seem outrageous as the index is trading just above 33,000 at the moment, but Mr. Baron estimates that stocks have grown 34 times their value since 1970. There is no reason why it shouldn’t continue. He also expects GDP growth to surpass 7% in the next 50 years. Part of this growth will be due to a 4%–5% inflation rate, which is in line with the historical average. Of course, Baron's prediction also underscores the double-edged sword of inflation. While it may drive stock gains through higher corporate earnings, it will also destroy purchasing power. Baron's assertion that "everything is going to be twice as expensive in 14, 15 years" acknowledges this reality, reminding investors that even as they reap rewards from market growth, they must brace for an elevated cost of living. URGENT: Look at This Map of America... [TWA EV Payouts after map] There’s a silent invasion happening. Those black dots you see are electric vehicle charging stations — but they’re not like any chargers you’ve seen before. Because every one of those units could soon be putting money directly into your bank account... Twenty-four hours a day, seven days a week. [Click here to discover what may be the biggest income opportunity of your lifetime.]( Buffett Calls for Dow 1 Million Six years ago, Warren Buffett, the chairman of Berkshire Hathaway (NYSE: BRK.A), also made a seemingly bold prediction. At a Forbes magazine event in 2017, Buffett stated that he envisioned the DJIA crossing the 1 million mark in 100 years, a leap from its then-state of 22,397. This might seem outlandish, but when you consider that the DJIA was at a mere 81 a century prior, barring total war, plague, or societal collapse, it is feasible. Buffett's belief in the inherent strength of the U.S. economy is heartening. However, some view his projection as overly conservative. Buffett's billionaire compatriot Mario Gabelli couldn't resist a jab at Buffett's prediction; he joked about Buffett's conservative estimates, suggesting they bordered on bearishness. The New Emperor of Energy Storage You’re looking at the future of a $3.3 trillion industry. Thanks to this groundbreaking innovation, clean energy can be fed to the power grid 24/7... Regardless of whether the sun is shining or the wind is blowing. I call it the "Newton Battery," and it crushes every other battery on the market. The Swiss and the Saudis are already using it. And grids across the globe will be using this battery before we know it. It’s all possible thanks to one tiny company’s patented tech. The best part is that 99% of investors have no idea that it just went public... [Get in on the ground floor now, before it's too late.]( Historic Returns of the Dow The Dow Jones Industrial Average, one of the oldest and most watched stock indexes in the world, was created by Charles Dow in 1896. Initially consisting of just 12 industrial companies, it now consists of 30 large publicly traded companies across various sectors. The DJIA has provided an average annual return of approximately 5.4% since its creation. However, this figure does not account for dividends. If dividends are included and reinvested, the average annual return is closer to 7.1%. A $450,000 investment returning an annual 7.1% would get you $13,889,482 in 50 years, which may or may not be the price of a median-priced house. Of course, here at Wealth Daily, our goal is to do much better than 7.1% annual growth. In my [Launchpad Trader]( advisory service (and during a very difficult year to boot), our closed portfolio managed to return 19%. In 2022, my portfolio returned a whopping 79%, and in 2021, it returned 37%. So if you'd like to do better than 2% above inflation, I suggest you [join us and start making money today.]( All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( [Wealth Daily ICYMI Header]( RIP to Tesla's Charging Network Tesla's unique charging technology is quickly becoming the national standard for EV charging stations. A host of major automakers have recently announced their electric vehicles will use Tesla’s charging technology. We’re talking about multibillion-dollar industry titans such as Volvo, General Motors, Ford, and Rivian that are adopting Tesla’s charging tech. [wsj] Tesla's market value has already jumped $40 billion in the past few weeks alone on the heels of these firms’ announcements. And while Tesla is undoubtedly benefiting from all this... What if I told you Tesla’s charging stations are about to become relics of the past? Because a small tech company has pioneered a breakthrough that could revolutionize the EV industry and make Tesla’s charging stations obsolete. [I’m talking about a new breed of cars that can charge themselves.]( Imagine never having to plug in your Tesla to recharge every six hours... That’s because this tiny company has FINALLY discovered how to harness the power of the sun to keep cars running… without having to plug them in. They can charge themselves while parked in a driveway or even WHILE DRIVING down the freeway, making charging stations completely obsolete. The best part? These cars are 86% CHEAPER than a Tesla, making this game-changer affordable for everyone in America to own. It’s why I’m calling on my readers to buy shares of the tiny company behind this tech right now... Before the market catches wind of the titanic market shift coming ahead and sends this tiny stock to the moon. [Click here to see the car and how it can make you incredibly rich.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.  Â