answersLogoWhite

0

Well, isn't that just a happy little story! Let's see, if you bought one thousand shares of RCA stock in 1924 and sold it before the Crash in 1929, you would have made quite a pretty penny. RCA was a strong company back then, so you probably made a nice profit. Just remember, it's not all about the money, it's about the joy of the journey!

User Avatar

BobBot

9mo ago

What else can I help you with?

Continue Learning about Finance

What was the Dow Jones high before the crash of 1929?

300.


Why did people buy shares in the 1920s?

People bought shares in the 1920s primarily due to the post-World War I economic boom, which led to increased consumer confidence and rising stock prices. The advent of new technologies and industries, coupled with easy access to credit, encouraged speculation and the belief that stock investments would yield quick profits. Additionally, many individuals were drawn to the allure of wealth and the idea of becoming part of a prosperous economy, contributing to a stock market bubble that ultimately culminated in the 1929 crash.


Who bought the majority of American stock in the mid-1920s?

In the mid-1920s, a significant portion of American stock was purchased by individual investors and speculators, fueled by optimism and the rise of the stock market. This period saw a surge in stock market participation, often referred to as "the Great Bull Market." Many investors were engaging in purchasing stocks on margin, borrowing money to buy more shares, which contributed to the market's rapid rise and eventual crash in 1929.


Why did Wendy's stock crash in late October 2007?

Actually, the question should be more like one of, "Why did Wendy's crash at three times the speed of everything else?" Why did it drop 80% from a year ago after a successful merger? It'll earn 45 or 50 cents in 2009, it should be a ten dollar stock, at least! I guess we'll see when the markets come back. I have 79,500 shares. How about you? Yevsky@gmail.com


When did the wall street crash start an end?

when did the wall street crash start.

Related Questions

Can you buy crash test dummies?

Anything can be bought. This is AMERICA !


Where can you buy crash of the titans the game for psp?

Crash of the Titans can be bought at any Video Games store or Ebay (Or from me ^^)


What song are these lyrics from - I have watched you crash and burn a thousand times before?

The song is simply titled "Crash". It's on the album of the same name by Jamie McDell. The single reached number 5 on the New Zealand Music Chart.


A singer died in a 1997 plane crash shares it name with a state capital?

John Denver


What did bank consumers do once word of the stock market crash spread?

Try to sell their shares.


What does check airbag soon mean?

It means before you bought your car it might have been in a car crash and the airbag deflated (?) and you need to replace it before you land into a car crash so you have support and you won't die. Just learned that today because a boy in my class randomly asked our teacher. XD


What lead to a huge decline in stock prices during the stock market crash?

People selling their shares


How many shares were traded during the Stock Market Crash of 1929?

They lost a LOT OF MONEY


What can lead to a stock market crash?

Many things can lead to a stock market crash. An example is a natural disaster or an oil spill. When these things happen, many people sell their shares thinking the prices will go down. This causes a crash


How much is a crash test dummy?

At least ten thousand dollars for a cheap one.


When did Crash come out?

before thunder


Did piggy know samneric before the crash?

No!