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?