America’s Great Depression Revisted

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Categories : Finances, General

Curt Weese says:

5/31/2006 at 7:21 am

Excellent post Dr. Patrick. Here’s a related article.
BobZiller says:

5/31/2006 at 5:06 pm

When Bernard Baruch got tips from the elevator operator, he got out of the market. Take a look at the DJ averages from Oct 29, 1929 to 1932. Notice that the crash didn’t happen in one day unless you bought stocks with 10 percent down as you could do in those days.

Switching to T-Bills after making money until 1929 would have saved the money until a buying opertunity in 1937. It’s all in the timing. When you get concerned, act on it.
On the BorderLine » Blog Archive » What Are the Odds says:

8/6/2007 at 2:24 pm

[...] http://www.ontheborderline.net/?p=3310 [...]

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Hudson