For the last couple of years, just for kicks, I made some financial predictions. Looking into my cloudy crystal ball, here is what I think might happen in 2015 on the financial front:
- The Dow Jones Industrial Average will finish the year at 19,400.
It opened 2015 at 17,823.07.
- The S&P/TSX Composite will finish the year at 15,700.
It opened 2015 at 14,635.07.
- 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.
The following Canadian companies will increase their dividend at least once in 2015:
- TransCanada Pipelines (TRP)
- Telus (T)
- Canadian Utilities (CU)
- TD Bank (TD)
- Fortis (FTS)
Let’s see how things play out folks.
Did you make any 2015 financial predictions other than stocks will go up and down?
Mark
My name is Mark Seed - the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I'm looking to start semi-retirement soon, sooner than most. Find out how, what I did, and what you can learn to tailor your own financial independence path. Join the newsletter read by thousands each day, always FREE.
Heh predictions are fun but I never try to make them otherwise I might mess with my own investing strategy.
Fair enough. I see predictions as entertainment.
It would suck if the Canadian dollar remained flat for the year, would be nice to see it at around 90-95 cents. Love the dividend increase predictions – its like clockwork for most of them
I hope so, for the dividend hikes Dan!
I like your predictions on stock dividend increase Mark. We own 4 out of 5 stocks on your list. 🙂
Go Seattle!
uh, go Green Bay!
If those stocks all increase dividends, you’re doing well 🙂
how about a prediction for interest rates and housing prices! i think interest rates will increase .0025% and housing prices will be flat or fall 10%. as for stocks, i think all the banks will raise their dividends along with BCE and AQN. GO GREEN BAY!!!
Probably a safe bet for BCE for sure Gary.
Go Green Bay indeed!!!