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Old 06-22-2011, 06:10 AM   #21
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Happy,
You asked several questions regarding if now is a good time to invest & questions about today's events. I've been an investor for 35 years and seen the market go up and go down. If you assume the risk of investing in stocks then just accept that you'll see some down years. Somehow through all the bad events we seem to muddle through. I found this link to US economic history. If you think it's bad today, check this out:
us-events
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Old 06-22-2011, 09:36 AM   #22
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Quote:
Originally Posted by racy
Happy,
You asked several questions regarding if now is a good time to invest & questions about today's events. I've been an investor for 35 years and seen the market go up and go down. If you assume the risk of investing in stocks then just accept that you'll see some down years. Somehow through all the bad events we seem to muddle through. I found this link to US economic history. If you think it's bad today, check this out:
us-events
That was fun. Thanks for the link.

I liked: "Jul 2, 1928 Interest rates on short-term loans reach a record high of 10 percent."

..that was like their version of the payday loan.
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Old 06-22-2011, 08:36 PM   #23
Recycles dryer sheets
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Jan 11, 1973 Dow industrial stock index closes at record 1051.c
Oct 6, 1979 A financial and stock panic is sparked when the Federal Reserve Board announced a raise in its discount rate from 11 percent to 12 percent.f
Aug 1982 A bull market begins on Wall Street. The inflation rate falls to 6.1 percent.c
Apr 17, 1991 The Dow Jones industrial average finishes above 3,000 for the first time.i
Dec 29, 1995 The Dow Jones closes at 5,117.12, up 33.5 percent for the year.i
Oct 27, 1997 The Dow Jones falls 554.26 points, the largest single day decline. Next day, it rebounds by 337.17 points.i
Aug 31, 1998 The Dow Jones falls 512 points on one day.i
May 03, 1999 Dow Jones Industrial average topped the 11,000 mark.
Jan 14, 2000
Dow Jones industrials hit record high of 11,722.98.
.... and so on and so forth....
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