Asked by Anonymous
Do you think investing in the stock market today would be a better or worse idea than it was in the 1920's? Explain why you think so.
Answers
Answered by
Ms. Sue
Ahh -- hindsight! Who knew in the 20s what was going to happen with the stock market? Actually -- eventually the stocks came back and recouped their losses.
http://stockcharts.com/freecharts/historical/djia1900.html
Is the stock market due for another major crash? I doubt it. The U.S. economy is basically sound and will keep growing. Conservative and knowledgeable stock investments will make money -- but we sure don't know just when.
http://stockcharts.com/freecharts/historical/djia1900.html
Is the stock market due for another major crash? I doubt it. The U.S. economy is basically sound and will keep growing. Conservative and knowledgeable stock investments will make money -- but we sure don't know just when.
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