As of Wednesday, 10/13/14, 4:30 PM
16321.07 -223.03 (-1.35%)
Open: 16, 535.43
Low: 16, 310.67
Volume: 107, 830, 340 shares traded
After having had a banner year reaching record highs of well over 17, 500, the DJIA has been in retreat for most of the past month wiping out the year’s gains in a few short weeks.
“I’m not rich,” you say, “why should I care? I have no sympathy for the rich. I work for a living. Investing is a rich man’s game. How could this effect me?”
We here at FreeThinke’s blog are hoping for a variety of answers that might help others to understand why and how the market matters.
Like it or not, we are are all in this together. If the market fails, it produces a chain reaction that effects everyone. If the rich are faced with sudden poverty, the rest of us will soon be destitute.
What are your thoughts?
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