Dow headed to 20,000?

How long will the rally last and how high will the Dow go? Those are questions every investor is trying to figure out.

Financial entrepreneur, blogger, writer and general contrarian James Altucher predicts the Dow will hit 20,000 and S&P will top 2,000 before the stock market turns bearish.

But as he usually does, Altucher’s advice takes a strange turn.


Don’t buy stocks, Altucher tells the Daily Ticker. In a nutshell, Altucher says most of us are just too dumb to pick winning stocks even when the market is in the midst of mighty run.

The guy is weird, but he is fun to listen to.

Altucher’s list: 10 Reasons You Should Never Own Stocks Again

Video: James Altucher: The Dow’s Going to 20,000 But DON’T Buy Stocks