Personal Finance and Investing

Thanks for posting.

That shows very powerfully the value of staying invested. It's also important, when looking at the numbers and statistics for the 1930s, to remember that the stock market was in a huge bubble in the lead up to the Crash, in no small part because of two things: manipulation by some large investors, and that many people were buying on "margin", putting up as little as 10% of the price of a stock and essentially taking a loan for the other 90%. Once stock prices started falling, they were seriously under water, similar to many people in the housing bubble.

These days the entire market is just far to big to be manipulated in any meaningful way. So when I see claims of that here on DU I know the person saying that just hasn't a clue.