Can I (while living in the US) open an account in Euro in an American or European bank? Additional Details Can I (I live in the US) open an account in euro in an American or European ...
Additional Details i traded with 5000 dollars
and had to file even though the bottom line was a loos
and the taxes came out nothing on
taxact but on the state return it ...
what stocks should i buy in this bad market i am going to hold onto them for over a year basically long term.. what stocks you see getting stonger in the long term and explain why please. how about ...
I want to personally set aside a few dollars and give the stock market a try, but I have absolutely no idea how it works, or where to start? Does it have anything to do with Mutual Funds?
I ...
Having just recently had a son my husband and I would really love to start him some sort of education fund. However, with the stock market in a slump if you will, we are not really sure what we ...
Ford's market cap is 16.39 billion, GM's is 11.39 billion. This is relatively recent, in October of 2007, GM was worth much more. It also has a 5% dividend yield while Ford has none. I ...
How would you describe the mood on the floor of the New York Stock Exchange on Black Tuesday? Additional Details A bit of clarification. Yes, this is for homework. No, I do not want someone to "answer it for me." What I want are some ideas to help me develop a rounded answer. It's just like looking online for an article on Black Tuesday. Same concept, so please don't reply unless you want to give a quality answer.
Utter disbelief, confusion, a sick feeling like it was the end of the world.
honeybee4289@sbcglobal.net
are you serious?
Everyone lost everything.The economy went into recession.How would you feel?
Sounds like you are trying to get someone to answer a homework question...
Dr Jim
Suicidal
senior2tor
The mood was fearful because these men made money by paper investments. They knew it was not based on goods or real estate. It is like that today and billions of dollars can evaporate over night when stock values drop . No one has stolen anything. Today Enron did steal by borrowing on nothing and they expected to get away with it. Back in 1929 investment was all a paper value and not goods and real estate. When the dam broke and stock values fell... loans were called in. Money was gone and workers sent home. The supply was affected days later when jobs were lost... prices of goods and real estate inflated when everyone was idle at home. Some people profited, but others did not. Farmers and workers did not get paid when the economy stopped working. Unevenness of prosperity made recovery difficult. Over-investing had caused the system to continue to fail because it was unsecured borrowed money on top of unemployment.
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