1916 - 1917 Stock Market Crash:
If the 1930s sounded like a long time ago, well to find the 9th worst market crash, I had to go back to the WWI era.
As you will see, this market suffered about a 40% loss. It's difficult to break even after a 40% loss. On a $1,000 investment, your portfolio went down to $600. To get back to $1,000, it would have to go up 66.7%!
9th Worst Stock Market Crash:
Date Started: 11/21/1916
Date Ended: 12/19/1917
Total Days: 393
Starting DJIA: 110.15
Ending DJIA: 65.95
Total Loss: -40.1%
Continue with: The 8th worst market crash!
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