If someone had had cash after the Crash of 29 and the early 30’s, could they have bought any stock during that time period, and had they done so, would it have benefited them after the stock market eventually rebounded? I’m well aware that in addition to many people losing their jobs, a lot of banks failed. So most people had no money to invest at all, be it from income or savings.
I‘m basically asking out of curiosity. If you had money saved in one of the few banks that didn’t fail, could you have invested?
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