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Please take this as one large joke but I dare you to !remindme 2050 (that is, if Reddit still exists and more importantly you're alive).

I died in my dream and my soul/conscious was trapped as a large positively charged mass in an undisclosed room somewhere unknown. When I came to, my conscious was in the future somewhere between year 2070 to 2080. I do often have nightmares of stock market crashes so the first thing I did was search S&P500. (By the way in the future it appears we use some kind of screen projection device on the palm of our hands - similar to an iPad screen of today but no physical device).

S&P500 reaches a peak of approximately 24,000 in December 2050. The ascent to this peak looked relatively smooth sailing with consecutive years of growths followed by another few of straight flat/nil growths (due to the scale of years, at least it appeared as though there were no major crashes like the GFC where we lost 50% value. What happens from 2050 onwards appeared extremely grim. There was at least a decade or two of negative or flat growths. Again, due to the scale of years, I could only estimate that the market does indeed lose 50% or more excruciatingly slowly - over a very very long time. Maybe a war? Climate disaster?

First thing I did when I woke up from this nightmare (yes, a nightmare because I had died) was to write down the date December 2050 and do this calculation:

(current S&P500)(historical average return)2050 minus 2019

2909*1.0731

= 23,620

Now I'm not a mathematical genius so there is no way my conscious was able to correctly do this calculation. I find it quite scary the value I saw in my dream is similar to what it should be sitting at 2050.



Submitted April 13, 2019 at 12:39PM by kgbhouse http://bit.ly/2GckTTT

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