2014 Financial Predictions

Just for kicks, because I have no idea what the future holds, I thought I’d share some financial predictions for 2014.  Here they are:

  • The Dow Jones Industrial Average will finish the year at 16,700.  It opened the year around 16,441.
  • The S&P/TSX Composite will finish the year at 14,200.  It opened the year around 13,594.
  • Our Canadian Dollar will finish the year at $0.90 compared to the US Dollar.  It opened the year around $0.94.

Other predictions…at some point this year:

  • Fortis (FTS) will increase their dividend.
  • Telus (T) will increase their dividend.
  • Walmart (WMT:US) will increase their dividend.
  • AT&T (T:US) will increase their dividend.
  • My Own Advisor will giveaway more stuff on this site. 🙂

I read here that U.S. large-cap stocks won’t see the same stellar returns as in 2013, but will still deliver 10%, predicts Bob Doll, chief equity strategist at Nuveen Asset Management LLC, with $118 billion in assets under management.

Let’s see how I compare with Mr. Doll and other experts later this year.

Any financial predictions you want to share for 2014?

Mark Seed is the founder, editor and owner of My Own Advisor - one of Canada's leading personal finance and investing blogs. As my own financial advisor, I've grown our portfolio from $100,000 to well over $500,000. Our next big goal is to own a $1 million investment portfolio for an early retirement. Come follow my saving and investing journey by subscribing to my site.

8 Responses to "2014 Financial Predictions"

  1. Interesting predictions! I’ve also read many analysts say the large-cap US equities wont be able to match their performance of 2013. My plan is to invest in some Canadian ETFs as I think the Canadian markets are due for a bounce-back year.

    I also predict (and hope) Fortis increases their dividend as I own shares 🙂

    Reply
    1. I was writing back and forth with a good friend of mine and we both think 2014 will have returns nowhere near 2013, although you could hope.

      My wish is for a stock market crash. Then I can buy some new stuff cheaper. I don’t think I’ll get my wish. Hopefully FTS and the other 20+ stocks I own all increase their dividends. That would be nice set of raises 🙂

      Reply
  2. My predictions:
    -municipal taxes will go up
    -the cost of pork will go up (poor little piglets)
    -any stocks I buy will go down
    -if I shift out of bonds they will go up

    All of which means I predict I will need to earn and save more money this year to break even.

    PS How many years has FTS raised dividends in a row, now?

    Reply
    1. I think Fortis has raised their dividend for 41 years in a row. It will be 42 years, this year 🙂 I think our taxes are going up as well in Ottawa. Could be 5% or more. Sucks.

      I hope for any stocks I intend to buy, the prices absolutely tank first. Here’s hoping!

      Reply
  3. Interesting predictions! mine:
    – DJ gets to at least 17000
    – TSX will drop a lot
    – The CAD I think it might get to 0.80, Canadians should get more US currency exposure if they don’t have some already (VUN.TO)
    – Europe and Japan will do well (VDU.TO)

    Reply

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