XJO 0.67% 8,150.0 s&p/asx 200

haspete's - more upside than down friday, page-12

  1. 1,145 Posts.
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    ? Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even. ?


    Same happened but shorter time frame with cash at the bank. There were runs on the banks which they could not fund so had to cease returning the populations bank balances for a good many years.

    My Great Grandfather was a rich man in bank balance terms but became a battling pauper for many years until the bank could finally honour his bank balance.

    ifandwhen
 
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