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10 Worst Stock Market Crashes

10th Worst Stock Market Crash (1932 – 1933):

This crash required the longest recovery time of all the 10 crashes. The combination of the tech bubble bursting and the September 11th terrorist attack served a deadly blow to the stock market, but relative to markets past, this was a minor one.

Date Started: 1/15/2000

Date Ended: 10/9/2002

Total Days: 999

Starting DJIA: 11,792.98

Ending DJIA: 7,286.27

Total Loss: -37.8%

9th Worst Stock Market Crash (1916 – 1917):

This market suffered about a 40% loss.

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%

8th Worst Stock Market Crash (1939 to 1942):

It was one of the most grueling. It took nearly 3 years to recover from this crash! With the attack on Pearl Harbor, the markets had a very tough time.

Date Started: 9/12/1939

Date Ended: 4/28/1942

Total Days: 959

Starting DJIA: 155.92

Ending DJIA: 92.92

Total Loss: -40.4%

7th Worst Stock Market Crash (1973-1974):

Another long market crash -one that many people still remember (think Vietnam and the Watergate scandal). This crash lasted for 694 days before bottoming out.

Date Started: 1/11/1973

Date Ended: 12/06/1974

Total Days: 694

Starting DJIA: 1051.70

Ending DJIA: 577.60

Total Loss: -45.1%

6th Worst Stock Market Crash (1901 – 1903):

This is the oldest crash to make the list (DJIA records are not available before 1900).

Date Started: 6/17/1901

Date Ended: 11/9/1903

Total Days: 875

Starting DJIA: 57.33

Ending DJIA: 30.88

Total Loss: -46.1%

The 5th worst stock market Crash (1919 – 1921):

This crash followed a post war boom (Stock prices rose 51%). After the crash bottomed out in August of 1921, this decade saw tremendous growth in the stock market and the economy (often called the roaring twenties).

Date Started: 11/3/1919

Date Ended: 8/24/1921

Total Days: 660

Starting DJIA: 119.62

Ending DJIA: 63.9

Total Loss: -46.6%

The 4th worst stock market crash in U.S. History

Although this is the shortest market crash observed, it was a deadly one. Investors saw almost half their money disappear in just two months. This crash started the “Great Depression.”

Date Started: 9/3/1929

Date Ended: 11/13/1929

Total Days: 71

Starting DJIA: 381.17

Ending DJIA: 198.69

Total Loss: -47.9%

3rd Worst Stock Market Crash (1906 – 1907):

This crash was called the “Panic of 1907.” The U.S. Treasury department bought 36 million dollars worth of government bonds to offset the decline

Date Started: 1/19/1906

Date Ended: 11/15/1907

Total Days: 665

Starting DJIA: 75.45

Ending DJIA: 38.83

Total Loss: -48.5%

2nd Worst Stock Market Crash (1937 – 1938):

Just when investors thought the market was finally good again, following a recovery of almost half of the great depression losses, the market plunged again due to war scare and Wall street scandals.

Date Started: 3/10/1937

Date Ended: 3/31/1938

Total Days: 386

Starting DJIA: 194.40

Ending DJIA: 98.95

Total Loss: -49.1%

Worst Stock Market Crash Ever:

1932 Stock Market Crash:

Investors lost 86% of their money over this 813 day beast. This market crash combined with the 1929 crash, made up the great depression. The full recovery didn’t take place until 1954.

Date Started: 4/17/1930

Date Ended: 7/8/1932

Total Days: 813

Starting DJIA: 294.07

Ending DJIA: 41.22

Total Loss: -86.0%

Mansi aggarwal writes about stock market depressions. Learn more at stockdepression.com stockdepression.com

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People in their early 30s are most likely to take out loans. This has been substantiated by recent polls conducted by the finance sector. The poll showed that the borrowers falling between 30 and 35 have unsecured debts to the tune of £5,863 on an average. The interesting fact is that this figure is 29 per cent more than the national average.

With life hardly peaking at 30, the borrowers have fewer family responsibilities. They can afford to have a lifestyle that goes well beyond their means. Those in 18 to 30 years bracket are cautious in taking out loans because they still have student loans to think about.

Borrowers find unsecured loans an easy option to supplement tackle their financial resources. They can enhance their lifestyle without any requirement of security. Another advantage is that you can get unsecured loans in a hurry. The time taken in processing such loans is quite less when compared to secured loans. The whole loan process in case of unsecured loans takes around 4-5 days.

Unsecured loans present a sea of opportunities for each and every one of us. People have different reasons and motives to take out unsecured loans. For some, it may be a means to go on holidays while for others it may be a chance to finance their dream car. The best part of an Unsecured Loan is that you can avoid the requirement of security and consequentially, the risk of repossession.

Unsecured loans are sanctioned on the basis of your creditworthiness and the ability to repay. In the contemporary UK financial market, there are a lot of money lenders who offer unsecured loans at competitive rates. Do not lose heart even if you have a bad credit history. Some lenders also give bad credit loans albeit at a higher rate of interest. So, just fix your requirements and apply for unsecured loans.

The author is a financial expert in leading lending institute, currently assisting Longdog Finance to compare loans for their clients, writes imperative articles on Secured Loans & Personal Loans. Please visit for more information on related products: longdogfinance.co.uk longdogfinance.co.uk

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It does not make sense to wait for opportune moment to buy a car while you need it badly now. Doing the right thing at right moment is the sign of a worldly-wise person. You are not in possession of enough money to buy a car now; this is the reason you may put forward. So what! There are car loans available with almost all the lenders in UK. Take the one that suits your need and get over your pressing need.

Nowadays car loans are available in various customised forms. To avail some important benefits you can offer collateral and take a secured car loan. A secured car loan generally carries a low rate of interest. Getting guarantee of recovering his money the lender does not hesitate to offer the loan at a low interest rate.

Then, a car-loans-for-all-from-c4f.co.uk/securedcarloan.htm” target=”_blank secured car loan allows you to take out a big amount of money. In addition to that, there will be affordable repayment installments. Finally, the flexible terms and conditions of the loan as icing on the cake.

On the other hand, an unsecured car loan remains a very good option for those who do not have collateral to offer. It also comes as a very good alternative for the homeowners who do not like to risk their property. Despite being risk free this loan ensures quick money lending.

The option of buying a car with car loans remains open to you even if you have a poor credit record. So do not drop behind simply waiting for an opportune moment; use a car loan to have your own car in a favourable manner.

The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Car-Loans as a finance specialist.

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When you live below your means, you find that things work a bit better. I understand the basic idea of living within your means, but you need to take it to another level in order to thrive financially.

For those of you who are living beyond your means, living within your means is a good goal to have. But it is simply the first step. Living within your means is spending what you make. Not more than you make.

Living below your means is saving. It is spending less than you make. Now, doesn’t that sound good.

And this doesn’t mean that you have to sacrifice and do without just to get by. It means that you have money to do with as you please. There is no need for a credit card when you have the money in the bank.

Find ways to cut your spending and your bills. Look at what you are actually spending each month. I was surprised to find that my husband and I were spending hundreds from the ATM each month with no idea where it was going. Once we made the ATM off-limits, we were not only able to better control where the money goes, but we cut back our spending drastically. We don’t miss what we were spending the cash on, because we really don’t know where it was going.

But now we know where it is going. It is going where we want it to.

A great way to live below your means is to forget about a portion of your income. If your employer offers the benefit, have a portion of your paycheck automatically put in savings, with the rest going into your checking. If you never see the money, you won’t miss it. You are living below your means without having to sacrifice a thing. It may mean that you can’t spend as much at the mall later in the month, but it also means that you are building savings.

Don’t just stop at making it from paycheck to paycheck. Wouldn’t it be great to have enough money that you don’t wait for the next paycheck to roll around. If you don’t spend it all each month, eventually, you will know what it is like to do more than make ends meet. You can tie them together.

Martin Lukac represents RateEmpire.com RateEmpire.com and 1AmericanFinancial.com 1AmericanFinancial.com, a finance web-company specializing in real estate and mortgage rates. We specialize in daily updates, mortgage news, rate predictions, mortgage rates and more. Find low home loan mortgage interest rates from hundreds of mortgage companies!

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While planning to take a loan one needs to keep these points in mind. Do a lot of research and contact several lenders including banks, savings and loans, credit unions, and mortgage companies, etc before selecting a particular lender. Ask each lender about the type of loan that would best suit your needs. While making a decision, compare:

• The annual percentage rate (APR): An APR is the most important thing to compare different loans. It is determined on the factors like interest rate, points, fees, and other credit charges that the borrower is required to pay. The cost of the loan depends on the APR i.e. the lower the APR, the lower the cost of loan. Ask if the APR is fixed or adjustable — that is, will it change? If so, how often and how much will it change ?

• Points and fees: These charges are not refundable if pay off the loan early. Points are generally are paid in cash at closing, but may be financed. If you finance the points, you’ll have to pay additional interest, increasing the total cost of your loan.

• The term of the loan: The duration for which you will make the payments.

• The monthly payment: It is the amount that you will be paying every month. Ask whether it will remain same or will change with time.

• Balloon payments: This is a large payment generally made at the end of the loan term and if you can’t make the payment, you may need another loan.

• Prepayment penalties: It is the extra fees that you may need to pay in case you pay off the loan early by refinancing or selling your home. These fees may force you to keep a high-rate loan by making it too expensive to get out of the loan. If your loan includes a prepayment penalty, understand the penalty you would have to pay. Ask the lender if you can get a loan without a prepayment penalty, and what that loan would cost. Then decide what’s right for you.

• Whether the interest rate for the loan will increase if you default: An increased interest rate provision says that if you miss a payment or pay late, you may have to pay a higher interest rate for the rest of the loan term.

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Do you have a bad credit but in dire need of cash? Then it is time for you to try no teletrack payday loans. This type of loan is an easy way for people who have bad credit to get access to thousands of loan services that do not probe on one’s credit history or credit rating.

A no teletrack payday loan lets you enjoy the usual loan services of payday loans as provided by payday lenders. The term “no teletrack” pertains to the system used by lending institutions to detect or identify the borrower’s credit history, such as current loans and bankruptcy cases, as well as all the elements defining one’s financial history.

Built in 1989, teletrack is a monetary service company can provide businesses and other lending institutions regarding the credit information of a particular individual. Aside from the credit bureaus that automatically provide an individual’s credit information, teletrack can likewise provide the same information especially on outstanding checks against existing loans and even bankruptcy cases.

This may sound okay but not so much to those who have bad credit. Chances are, payday loan companies may disapprove applications with bad credit standing.

Luckily, some payday loan companies do not use teletrack system, thus, people with bad credit have better chances of getting approved for their payday loan. In this regard, payday loan companies that do not use teletrack will just require proof of full-time, regular employment and a fixed salary. These things ensure the lender that you can pay your dues on time or during payday.

Like the usual payday loans, no teletrack payday loans provide instant loan for a short term period. This usually lasts for 2 to 3 weeks. However, when compared to other loans, no teletrack payday loans entail higher interest rates. This is to cover up for any risk that may arise.

To know more about no teletrack payday loans, here’s a list of some notes to remember:

1. Do your homework

Every loan companies have different terms and conditions. Hence, it is important to make some assessments first on a particular company that offer no teletrack payday loans. Even if most loan companies provide higher interest rates, you can still identify some loan companies that can provide you no teletrack payday loans at lower interest rates. It is just a matter of shopping and comparing.

2. Prepare your requirements

No teletrack payday loans can provide you instant cash advance for as long as you can provide all the necessary materials, such as employment details, basic personal information, and available checking account. Once completed, you can get your cash the next day or on the same day.

3. Take note of the schedules

Normally, the scheduled repayment of your loan is on the day of your next paycheck, hence the term payday loans. This information is indicated on your application form. If you think you need more time to pay the loan, you can always ask for an extension provided that you agree to the additional charges they will give you.

All of these things will tell you how practical and useful no teletrack payday loans are. You just have to find reliable sources for safe transactions.

Most of all, be mindful of your due dates. Loans are not extensions of your financial resources. Hence, never disregard payment schedules, otherwise, you might experience a hard time getting approvals.

Mario Churchill is a freelance author and has written over 200 articles on various subjects. For information on a paydayloansinfo.org paydayloan or to get a paydayloansinfo.org payday advance checkout his website.

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Almost everyday we hear in the news about the deteriorating condition of our senior citizens. What is even more depressing is that most of these people who are now compelled to live an impoverished life were at one point of time quite well to do working individuals.

Then how did they all come to such a sorry state? The answer is quite simple; they did not save for a proper retirement plan. The “have it, so spend it” policy that majority of us follow is in a way leading us to the same conclusion.

You cannot even completely rely on the state funds. With the everyday newspapers being loaded with reports of gaping holes in state pension funds and its inability to take care of the longer living population, it will be foolish to not save up for those greying years.

So, if you want to look forward to a comfortable and a respectable old age start saving now. As a rule the earlier you start a pension plan, the better it is for you. If your workplace has a pension plan in place, then you must join it, as your employer will be contributing to it too.

If you are apprehensive in joining a workplace related pension scheme for the fear of losing your money should the company become insolvent, don’t be. The government has improved the member protection by means of a pension protection fund.

Don’t think that once you sign up for a pension plan, you can forget about it. Instead, you must constantly check your pensions statements to make sure it is on the right track. Do not ever hesitate from seeking professional advice or asking any number of questions about your pension plans. Pensions can be quite confusing and remember you are saving for your own good.

Besides pension plans you must look at other options of saving as well. Property, ISAs (Individual Savings Account) and even works of art should be considered as profitable investment opportunities.

Remember, a little sacrifice today will secure your future. So do not delay at all and sign up for a pension plan right away.

seek.uk.com Uk finance directory

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When you finally build up credit, you will often be excited because you can actually do a few things. Maybe you want to buy a new car, or put money down on a decent home. But, down the road you realize that your credit is not as good as it used to be. It may be a result of a nasty divorce or maybe you screwed something up by gambling too much. You find yourself in a deep hole because of debt, and you need to find a way out of the mess you’ve sadly created. This is the perfect time for a bad credit personal loan.

Do you desperately need a bad credit personal loan? This can happen even to the best of us. It’s nothing to be ashamed of by any means. My sister often complains about her past experiences with a bad credit personal loan. She fell into a whole mess of debt after she divorced her husband. The situation became complicated because her husband wanted to make her suffer. He this did by getting all of her credit card information and charging as much as he possibly could.

Her experience makes we wish that I would never have to take that path too-often traveled. I don’t want to be the one searching for a decent bad credit personal loan. I think that many people find themselves in similar situations because of credit cards. People end up with huge credit card debts and cannot afford to pay those scary monthly payments. This is where the bad credit personal loan comes into the picture. You will suddenly find that you only need to deal with one small monthly bill.

The World-Wide-Web is the best place to get information about getting a bad credit personal loan. Simply hop on your personal computer and do a search for the right bad credit personal loan. Try to get your hands on one that has a low interest rate. The last thing you want to do is worsen your financial problems by spending more cash every month to foul interest rates.

Morgan Hamilton offers expert advice and great tips regarding all aspects concerning creditsavingssite.com/credit-cards/credit-cards-online/getting-help-with-a-bad-credit-personal-loan.html Bad Credit Personal Loan. Visit our site for more helpful information about creditsavingssite.com Bad Credit Personal Loan and other similar topics.

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Sometimes people look for loan without using any collateral at a cheap rate of interest. If you are also thinking the same, and seeking to purchase a loan holding such features to meet your miscellaneous requirements, then consider the cheap unsecured loan available in the market.

Cheap unsecured loan is deliberately meant to provide financial support without demanding collateral, to the borrower. In other words, no collateral of the borrower is used while approval of the loan amount. People who do not have or not willing to use property as collateral against the loan can use the secured cheap loan. Both tenants and homeowners can apply and take the advantage of such loan.

With the help of cheap unsecured loan, borrower can borrow amount ranging from £ 1,000 to £25, 000 and meet his requirement. The borrowed amount has to be repaid within the decided period of time. The repayment duration generally extends from 1-10 years from the date of approval.

As no collateral is provided to the lenders in cheap unsecured loan, it does not indicate they cannot obtain their due amount. Lenders can seek for legal steps to claim their money.

Cheap unsecured loan is designed with suitable rate of interest. The interest rate varies from lender to lender, which in turn facilitates borrowers to determine according to his repaying ability. Little efforts from borrower to collect and compare the quotes of various lenders may help in getting a reasonable rate of interest.

Cheap unsecured loan is avail for all sorts of credit holders in spite of bad credit status. CCJs, defaults, bankruptcy and all such bad credit holders can apply and be eligible for such loan.

Unsecured cheap loan is approved in an instant when you use the online process available. The online application method is simple and less time consuming; borrowers are required to provide details related to his personal and credit score.

Cheap unsecured loan has made it possible to meet varied requirements in one manageable loan. Having a car, holidays, weddings and such will turn into reality through unsecured cheap loan.

Andrew Baker has done his masters in finance from CPIT. He is engaged in providing free, professional, and independent advice to the residents of the UK. He works for the UK finance world. For any type of loans as Secured Home Loan, ukfinanceworld.co.uk/uk_unsecured_personal_loan.html Cheap Unsecured Loan,Secured Online Loan,Home Improvement Loans, Home Insurance Loans, Secured Car Loans, Secured Business Loans please visit ukfinanceworld.co.uk ukfinanceworld.co.uk

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If you have any kind of existing credit card balances, balance transfer credit cards may be just the thing you need to reduce your credit card debt. They can also help you save money in other ways, too. Here are some ways that a balance transfer credit card can save you some money.

0% APR Interest

The first way it can save you money is that, hopefully, the new card gives you a 0% APR interest introductory offer for balance transfers. You will need to double-check the fine print on the credit card to be sure that this rate applies to balance transfers. Most often it applies to the interest rate on your purchases, and only on some cards will it apply to transfers. If you also get that rate of interest on your transfers, then be sure to notice how long that you get that rate for. The rate on balance transfers is often different than the length of the introductory offer.

The 0% APR interest generally applies to your purchases made during the introductory time period. This gives you great savings over that time frame, but be sure to pay off the balance each month – and on time, for the best savings. Any late fees take away any savings you get, otherwise, and you may actually end up paying more than if you had made your purchase at retail prices.

Balance Transfer Fees

Another thing you need to look for is to see if there are any fees associated with the transfers. Some balance transfer credit cards will charge up to a hefty 4% of any amount transferred to the card. While this figure may sound good when compared to the interest on the other card, keep in mind that many cards will not charge anything.

Rewards

Choose your balance transfer credit card on the basis of this option, too, since you can definitely save some money here, if you get the right card. Rewards come in many types, but if you get one that is geared to your needs (most expenses per month), then you will probably be able to save considerably. A card with rewards on it means that you get either discounts on future purchases, rebates or cash back. This amount of savings can certainly add up after a while, and can put a smile on your face when your bill comes each month.

Remember to compare a number of balance transfer credit cards in order to see what kinds of deals are available. Also, be sure to look at the various fees, so that you do not lose the value of your rewards. There can be many fees on a credit card, but by shopping around, you may be able to get one that does not have very many, or, has fees that you can avoid with prompt and full payments. Get as low of an interest rate on the card as you can for the time after the introductory time period runs out – or get a new card.

Joe Kenny writes for the Credit Card Guide, offering the latest cardguide.co.uk/ 0% credit cards, visit today for introductory cardguide.co.uk/transfers.html 0% balance transfers and start clearing credit card debt today.
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