This Tuesday the Dow Jones Company experienced a downfall of stocks that left everyone in shock. The Dow Jones is a group of major stock companies that have all came together and since the Chinese stock market experienced a decline of about 9%, it caused other companies as well as the overall Dow Jones to experience an unexpected decline. Even though the decline was rather sudden, we knew that some decline was inevitable knowing that we hadn't had one since September 11. So the decline was bound to happen sooner or later. Tuesday's decline was pretty big news but in now way compares to the great amount of decline and economic hardship that was a cause of the Great Depression and all the stock markets that crashed. The Great Depression is the biggest decline in stocks and I think is hard to beat because even with the downfalls that companies face now a days, they don't compare to the amount of people that the Great Depression left unemployed and living on the streets.
With the Dow Jones decline and the stock market prices down I will definitely consider buying more stocks in order to expand my horizons. Even though I'm doing pretty well with the one stock that I have which is Christian Dior, I'll look into what I'm interested in and if it's worth investing in!
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