How do I protect my investments from a Market Crash like what happened in 1929? I would also appreciate a recommended book that speaks on this subject.
2 Comments to “How do I protect my investments from a Market Crash like what happened in 1929?”
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whatevit said:
On June 2nd, 2008 at 8:29 pm
SORRY: Don’t have a book, the 1929 market crash was because of the same market speculation that occurred with ENRON. In the first case we thought it could never happen. In the latter case we new it could happen, but would not believe when we were told that there was danger. Keep only part of your investments in the market, you will be able to buy when others are jumping out windows.
csucdartgirl said:
On June 4th, 2008 at 4:49 pm
That’s the risk of playing the market. There’s no sure fire protection.
On June 2nd, 2008 at 8:29 pm
SORRY: Don’t have a book, the 1929 market crash was because of the same market speculation that occurred with ENRON. In the first case we thought it could never happen. In the latter case we new it could happen, but would not believe when we were told that there was danger. Keep only part of your investments in the market, you will be able to buy when others are jumping out windows.
On June 4th, 2008 at 4:49 pm
That’s the risk of playing the market. There’s no sure fire protection.