2015 Financial Predictions – March Update

For the last couple of years, just for kicks, I made some financial predictions by looking into my cloudy crystal ball. Here is a recap of what I think might happen in 2015 and where I’m at with some predictions.

  • The Dow Jones Industrial Average will finish the year at 19,400.

It opened 2015 at 17,823.07. At the time of this post it is at 17,749.

  • The S&P/TSX Composite will finish the year at 15,700.

It opened 2015 at 14,635.07. At the time of this post it is at 14,731.

  • Our Canadian Dollar will finish the year at $0.85 compared to the US Dollar, relatively flat for the year.

It opened 2015 at $0.848. At the time of this post it is at $0.78.

The following Canadian companies will increase their dividend at least once in 2015:

  • TransCanada Pipelines (TRP)

In February, TRP increased their dividend by 8%.

  • Telus (T)

We will probably need to wait until summer 2015 to see if Telus will hike their dividend.  I think they will by about 5%.

  • Canadian Utilities (CU)

In January, CU raised their dividend by 10%.

  • TD Bank (TD)

Although the CEO expects a “tough” 2015, TD Bank decided to increase their dividend by almost 9% last month.

  • Fortis (FTS)

We will probably need to wait until fall 2015 to see if Fortis increases their dividend so stay tuned.

Do you make any market predictions, also for fun?

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5 Responses to "2015 Financial Predictions – March Update"

  1. Considering FTS has increased its dividend last 41 years, I think FTS will increase it at least by 1% to keep it going Haha. Prediction is so much fun to do now but even more fun comparing to the actual later on. I will keep my eyes on.

    Thanks for sharing.


  2. Glad to see we’re thinking similar on many points! 😉 I sure do some predictions, mostly for stocks picking at the beginning of the year. Don’t know if it’s luck or talent 😛 , but I’m usually sort of good! haha!


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