$10K Invested In US Stocks 1934 Would Have Reached $21M In 2007

Ten thousand dollars invested in the stock market in 1934 would have been worth $21 million in 2007, but there’s always a reason to stay out of the market, as Todd Sullivan demonstrates with his chat “74 Reasons Why People Did Not Invest in the Stock Market”.

A few of the reasons are a stretch, like Eisenhower getting sick or the Newark Race Riots. They may have been important events, but it would be surprising if someone put money under their mattress specifically because of them. Even so, the litany of war, political uncertainty, and financial setbacks is impressive, and when nothing’s going wrong people really may have stayed...