Holy Diver

Paging all you stock gurus here!

With the tanking of the market despite the 'bailout', its clear to someone who is not involved in finance to think about history. Specifically the Great Depression. I know some peeps are afraid to use the "D" word...but it seems pretty obvious that something wicked this way comes. And it rhymes with regression, starts with a d and is spelled D,E,P,R,E,S,S,I,O,N.....

My Question:

Historically speaking, what markets were making money while our nation was in the Great Depression? Are those markets easy to get into today?

Any discussion on this topic is greatly appreciated.

Thanks in advance!

Michael

Have you heard about lighter than air ships?

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Holy Diver

I dumped a bunch of money in Zeppelins back on the early 90s.....never really paid off...Mostly because John Bonham is still dead.



I'm wondering what markets or investments turned out profitable in the long term back then? I'm not an expert (as referenced by my Hindenberg stock)

BelichickFan

Unemployment during the Depression peaked at over 25%. People are freaking out today because it's at 6.2 and could rise to 7 or even 8. Now . . . 25% vs. 8%; you do the math.

Holy Diver

Those #s are inflated, and thos estatistics don't reflect the actual # of people out of work. We all know that.

anyway...any help with my question?

PatsFanInVa

One place to start looking would be armaments toward the end of it (goes without saying.) Otherwise... google away and when you find out tell us. It would be incredibly interesting.

BelichickFan

No, I have no idea. But I don't think it's very instructive as it's a false premise (how do you make money coming out of a Depression).

MrBigglesWorth

we need a bond drive where people can invest feeling secure and we need better turn around on interest rates.

it would be nice if we could transfer our 403b or 401k into this or buy bonds nontaxable.

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"There are two categories of superbowl participants that nobody remembers:

The team that lost the game and the team that only won one." Dwight White- Steelers

MrBigglesWorth

Wonk Room Income Disparity And Wealth Consolidation Show Eerie Resemblances To 1928




this was posted before and I thought it should be brought back.

you can see it took a long long time to recover and I think we're going to pay this price of the rich ripping us off

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"There are two categories of superbowl participants that nobody remembers:

The team that lost the game and the team that only won one." Dwight White- Steelers

Run DMC

I posted in another thread that the FED is very clear in stating their policy for dealing with economic problems like we are having right now. Helicopter Ben will continue to dump tons of paper in an attempt to ward off deflation. You can expect to see hyperinflation in 2-3 years the likes of which, we've never seen before in the USA. Therefore, you want to own hard assets, ie, physical precious metals, real estate, etc. Avoid all paper products, currency, stocks, bonds, etc. Read my tagline by Thomas Jefferson, it ain't no joke.

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