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The stock market is such a place where you can earn a huge amount of money. But every person does not earn profit from the stock market and therefore you may also have to face the loss as well. The best way to earn profit from the stock market is to know the market well before investing into it. The knowledge of the shares can help you and save you from the great depressions in the stock market. There are many people across the world that has lost almost everything due to the downfall of the stock market. The stock market can make a person millionaire overnight as well as make a person go bankrupt as well. Therefore the investments should be made very cautiously so that you do not lose but earn from the investments. There are numerous investors who have faced the loss and hence have gone bankrupt as well. There is a guide to stock market depressions which portrays the whole story of the greatest losses by the people in the stock market.
The stock market crashes are as old as the inception of the stock market. There have been several crashes and some of them have become the worst and they took a very long span of time to recover from the crash. There are some of the worst crashes of the stock market which changed the life of the people greatly. These crashes are:
1. The greatest stock market crash of 2000:
This was one of the greatest crashes and therefore it took a huge amount of time to recover. This crash stared on the 15th of January 2000 and it last for more than two years and ended on the 9th September 2002. The reason for this stock market crash being the worst is due to the terrorist attack on the World Trade Centre and the other important buildings of the United States. There was a heavy loss to the market and hence the recovery period was huge.
2. The stock market crash of 1916:
This crash was also a very big blow to the stock market and therefore the market suffered a very heavy loss. The loss recorded in the market was about 40% and moreover it last for about one year. It became very difficult for the people to choose the sectors where the money should be invested. There was a loss in almost all the sectors and therefore many of the people even went bankrupt as well.
3. The stock market crash of 1932:
The crash of the market during this time was one of the worst market crashes which brought forward various challenges to the people. The stock market was very heavily damaged and hence the recovering took a huge amount of time. It was a daunting task for the people but the people do not look backwards and reconstructed the stock market and brought it to the light in no time.
4. The stock market crash of 1973:
The market crash in the 1973 was also one of the longest market crashes which took a huge amount of time to recover. The crash affected the market for about 694 days and hence it was not an easy task for the people to set up the lost position of the market. The total loss suffered by the market was about 45% and hence it required a very heavy work to be done.
5. The stock market crash of 1901
The crash of 1901 is known as the oldest crashes in the history of the stock market. The reason behind this fact is that the there are no records before the 1900 and hence according to it is the oldest crash of the market. It was also one of the longest as well. It took about 875 days to recover and the market suffered 46% loss as well. The people call this crash as the inception of the bad days of the stock market.
This guide to stock market depressions provides you with the various crashes of the stock market which changed the way of thinking of the people. The crashes of the stock market brought a new enthusiasm in the people to recover it from the crashes.
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