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Wall Street :warning:, over half of all adult Americans have some of…
Wall Street :warning:
The most important street in the USA
home of the New York Stock Exchange
the biggest and most active stock exchange in the world
fluctuations of the Street's famous indexes, the Dow Jones and the Nasdaq, are followed by millions
nerve centers of the global economy
CRASHES ON THE STREET
1929
values dropped over 50%
the fall bottomed out in 1932,
Great Depression
speculators went bankrupt
2007 - 2008
had lost 54% of its value
1997
most Americans saw the value of their savings tumble
consequences were less dramatic
in some unforeseen future will crash spectacularly again
cause: major world crisis
effect: major economic catastrophe around the world
most forms of saving, except perhaps gold and real estate, will lose most of their value
over half of all adult Americans have some of their savings invested directly on Wall Street
take full advantage of the growth of the stock market
ensuring the best possible long term return on investments