Yes! What would realy happen if the stock market where to realy CRASH? Lets say,tomorrow. What should we Americans do if it whould to happen? What would we do? Would we all be living on the street? Thanks,Allan.
2007-02-27 08:36:52 · 11 answers · asked by Anonymous in News & Events ➔ Current Events
What should you do when the stock market crashes? BUY BUY BUY. Wait for the bounce, then, SELL SELL SELL.
2007-02-27 08:42:52 · answer #1 · answered by David H 6 · 3⤊ 0⤋
If I remember correctly, the stock market crashed in 1986. It was in some ways worse than the crash of 1929. But nothing much happened to the average person. Apparently the conditions that created the disaster of 1929 had been corrected.
A lot of investors regarded the loss as a "paper loss;" i.e. the stock is valued at less, but it doesn't matter if you don't sell it. In time, the stock would go up again. And it did.
I heard quite a few people of modest means that said they were buying stock after the crash, because they knew the value would go up now.
2007-02-27 09:00:12 · answer #2 · answered by The First Dragon 7 · 2⤊ 2⤋
Stock market crash, A crash is too many people trying to do the same thing at the same time.
Read the best answer below
2015-08-06 17:52:46 · answer #3 · answered by Jetrade 1 · 1⤊ 0⤋
There is a built in Stop Order that shuts down Stock Market at a certain sell off Point....and prevents Crash...
2007-02-27 09:00:17 · answer #4 · answered by bodie 3 · 1⤊ 1⤋
The stock market is only a partial indicator of the American economy.
However, from the looks of things, we could be headed to a recession.
Housing starts are down.
Our imports outweigh our exports.
The war in Iraq and Afghanistan are dragging on.
The attempted assassination of Veep Cheney rattles the economy.
Take all that into account and you can see we're on fiscally shaky ground.
2007-02-27 08:42:00 · answer #5 · answered by docscholl 6 · 5⤊ 0⤋
NO, The stock market has been corrected
since 1929 depression.We might be headed for a recession!!
2007-02-27 09:27:15 · answer #6 · answered by Vagabond5879 7 · 1⤊ 1⤋
if the stock market were to crash the lesson from the past is to return to work and protect your job from the liquidator who will try to seise the machines
for the worker to buy out managment and run thier work place as a coop form a body that has a stake in job security
it is bankers and stock brokers that have recesions to seize the assets ,to put thier elite in charge ,to gain more advantage
now they get us to pay for thier service things are different ,in the past they served us
now only them selves
dont live in the street sleep on the job
2007-02-27 09:40:08 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I bought in the last bear market of 00-03 and am much better off today for it.
ONE day or ONE week or whatever DOES NOT make or break a market.
Smart investors buy when there is fear and sell when every Tom Dick and Harry is buying .
2007-02-27 08:44:48 · answer #8 · answered by Dick Richards 3 · 2⤊ 2⤋
Look into the crash of 1929. (And learn some history while you're at it!)
2007-02-27 09:26:07 · answer #9 · answered by Anonymous · 3⤊ 0⤋
than dick cheney would really crap his pants, and yes most of us would live on the streets, at least temporarily, until such time as we can occupy most abandoned houses and apartments.
2007-02-27 12:35:13 · answer #10 · answered by Anonymous · 0⤊ 0⤋