Lost Money In This Crash? These Same Old Mistakes Cost You Dear
It was nearly like today, except that now folks can follow costs on an up-to-the-millisecond basis with the proper hardware (they put in revamped fiber-optic cable between New York and Chicago in 2012). “Citizen buyers” dated to World War I, when the government piqued center-class curiosity in securities by selling low-denomination Liberty Bonds.
Kennedy, patriarch of the Camelot clan, built up a tidy sum within the Twenties with a hearty amount of speculation, peppered with insider buying and selling and market manipulation. Out of the stock market, Old Joe invested his money in real property and liquor , generating gaudy profits and cementing his family’s place in the highest monetary echelon of American society. Another method an investor can lose large amounts of money in a stock market crash is by buying on margin. In this investment strategy, traders borrow cash to make a revenue.
Some trades never executed wher...Read More