August 31, 2009

Stock Markets: September – the good ol’ Anglo-Saxons called it ‘Harvest Month’…

… but later on it got the worst month for stocks and investing. The 1929 stock market crash began in September, and Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008.

I think it’s okay and pretty normal to be a little bit nervous now, and we also must keep in mind that after September comes October with Halloween and the anniversary of October 19 (Black Monday), 1987, when stock markets around the world crashed in a very short time – the largest one-day percentage decline in stock market history…

…but still no need to lose your nerves (nor your money) because finally November will come, and November is historically seen a far better month for the markets than October.

By Eric at 1:01 pm CET | Category: In Flagranti
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