In this segment from Monday's MarketFoolery podcast, host Chris Hill and Motley Fool analysts Jason Moser and David Hanson take a deep Foolish look at the biggest investing stories of the day.
The Dow reached a landmark new all-time high today, 16,000. But is this really a significant event for investors? Do these new highs signify an imminent market correction? In this segment, the guys look at the media's reaction to the Dow at 16,000 and recall how similar it was to the reaction when the Dow hit 15,000, and they also distill what investors should take away from the noise-filled headlines.
Want to retire rich?
It's no secret that investors tend to be impatient with the market, but the best investment strategy is to buy shares in solid businesses and keep them for the long term. In the special free report, "3 Stocks That Will Help You Retire Rich," The Motley Fool shares investment ideas and strategies that could help you build wealth for years to come. Click here to grab your free copy today.
The article The Dow Hit 16,000! Now Relax. originally appeared on Fool.com.Chris Hill, David Hanson, Jason Moser, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.