7,115

I am an absolute efficient markets guy, which means that I don't believe anyone (including, especially, me) has any idea which stocks are going to go up or down tomorrow or next month or next year. That said, I have a humble prediction upon which I am placing absolutely no money: yesterday's Dow Jones Industrial Average closing mark of 7,115 will be the lowest we see for the rest of our lives.

I'm not exactly rooting for that. I think most Hose readers are in their early 30's, which means we are in the thick of the investing portion of our lives. Low stock valuations help people like us. I would love the opportunity to pack my 401K full of Dow 5,000 index funds. But I don't think I'll get that chance.