Stocks & Mutual Funds Information

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Historical Briefing: Stocks, Finance and Money


The World Bank claims that some two billion of the world'scitizens live on $1 per day or less! That fact absolutelyshocked me. With this statistic in mind it becomes important tofocus on all of the things that have served as money over thehistory of civilization. Aztecs used Cocoa beans, Norwegiansused Butter and dried cod, many Indian tribes used animal skinsand some of the early colonists used grains. It's worth thinkingabout this the next time you pick up your paycheck. The word"salary" is derived from the word SALT, which is what was thekey currency of the North Africans for hundreds of years. SALTwas a key commodity substance used for preserving food.

A butter and dried cod banking system? Reconciling your monthlybank statement must have been very messy!

I'll take bear markets for $100 please Alec!

Anybody want to guess how we came to describe and define a BEARmarket? Well, there is a debate on this one as most people feelthat when a Bear makes a killing its claws move from up to down.However, bear markets are bone-chilling experiences. Marketsalways fall much faster than they rise! Anyway, the word"arctic" is derived from "arktos" which just so happens to bethe Greek word for "BEAR!" And that is how it is believed thatthe word BEAR came to describe a declining market.Brrrrrrrrrrr..

Now you know!

Ok, why the heck do they call it Wall Street anyway?

It was the Dutch you see. They had just moved to Manhattan andhad nowhere to build a dyke, so instead they built a wall. Thiswas in 1653, and it wasn't meant to keep water out, but was madeto keep out the British and Indians. Easy enough for the Dutch,just a 12 foot high wood stockade that ran from river to river.

Then in 1685 they laid out Wall Street along the line of thestockade.

Now you know.

These days the average volume on the New York Stock Exchange isseveral hundred million shares. We have even seen numerous dayswhen the volume exceeded over one billion shares. To give youan idea of how far we have come, the last date on record whenthe New York Stock Exchange traded less than one million shareswas October 10, 1953. The very first day that the BIG BOARDtraded over one million shares was December 15, 1886. On BlackTuesday, the BIG CRASH on 10/29/29 the market established Recordvolume of 16 million shares!

Now you know.

Gosh! One Billion Shares a day....that's a lot of dried cod!

Dowjonesfully,
Harald Anderson
http://www.eOptionsTrader.com.

Harald Anderson is the founder and Chief Analyst of eOptionsTrader.com a leading online resource of Options Trading Information. He writes regularly for financial publications on Risk Management and Trading Strategies. His goal in life is to become the kind of person that his dog already thinks he is. http://www.eOptionsTrader.com.

 

MORE RESOURCES:

Law School to Provide Tax Help
Inside INdiana Business (press release), IN - Jan 5, 2009
Taxpayers with annual income of $42000 or less are eligible for the help if they have not received income from the sale of stocks, mutual funds or homes or ...


Valparaiso University law school to provide tax help
nwitimes.com, IN - Jan 5, 2009
Taxpayers with annual income of $42000 or less are eligible for the help if they have not received income from the sale of stocks, mutual funds or homes or ...


$72 billion was pulled from market in October
The Tennessean, TN - Dec 24, 2008
By ES Browning • THE WALL STREET JOURNAL • December 24, 2008 One of the hallmarks of the long market downturns in the 1930s and the 1970s has returned: ...


New Money features for you
USA Today - Dec 15, 2008
They include: •Year-to-date returns for stocks, mutual funds and exchange-traded funds (ETFs). These can be found by entering the name or ticker symbol in ...


Like other stocks, mutual funds show heavy losses during 2008
LubbockOnline.com, TX - Dec 27, 2008
By Tim Paradis | AP NEW YORK - There was one safe bet that mutual fund investors could make in 2008 - that the stock market was a place to lose a lot of ...


High school investments team wins game
Greenwich Post, CT - Jan 4, 2009
The Greenwich High School investment course is more akin to a college-level course covering stocks, mutual funds, bonds and other securities. ...


Be wary of US treasury bonds in 2009
Stockhouse, Canada - Jan 5, 2009
They pulled money out of stocks, mutual funds, money market accounts, even bank savings accounts and CD’s, and poured it into US T-bills and bonds at a ...


Value? Growth? Both!
Motley Fool - Jan 2, 2009
The distinction between value and growth stocks is such a bedrock assumption that Morningstar routinely classifies stocks, mutual funds, and ETFs as one or ...


City pension funds may cost taxpayers
Allentown Morning Call, PA - Jan 4, 2009
... the crumbling economy has pummeled Allentown's pension funds, which rely on stocks, mutual funds, real estate and other investment tools for growth. ...


A better bailout alternative
American Thinker, WA - Dec 18, 2008
Any type of funds may be used: CDs, bonds, stocks, mutual funds, cash, money market funds. - IRA owners can contribute any percentage of their qualified ...

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