Saturday, October 29, 2005

Stock Market Crash

October 29, 1929 is known as "Black Tuesday", the day the US stock market crashed and ushered in the Great Depression and the decade into which my parents were born, in the Gem State, Idaho.

I note, upon today's receipt of my mutual funds' quarterly report, that my investments have earned an average of 7.5% on the year so far. Better than a poke in the eye with a sharp stick, as they say.

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