It's time for Wall Street to dump the Dow

Kevin Zamani/Flickr I've been alive for nearly 37 years, and for as long as I can remember, the investing world has revolved around the iconicDow Jones Industrial Average. The Dow, as it's more commonly known, isn't America's oldest index. That title goes to theDow Jones Transportation Index, which also happened to be created by Charles Dow. Nevertheless, it was the Dow, currently featuring a complement of 30 U.S. multinational companies from a variety of industries, that grew into the index wid...