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Podcast: Wealth Formula Podcast
Episode: 173: What Worked During the Great Depression?
Description: With the rocky stock market and concern for recession in the air, it is always interesting to go back and reflect on investing behaviors over time. These days, when people are frightened, they don't invest. Instead, they keep all of their money in the bank. Why? Well, you've probably never witnessed a bank failure and lost your money. In fact, unless you've lived through the Great Depression, you've seen nothing but bank bailouts and smaller banks being gobbled up by huge banks that are too big to fail! But during the Great Depression, thousands of banks failed and there was...