Chronological briefing: stocks, finance and money - stocks-mutual-funds
The World Bank claims that some two billion of the world's citizens live on $1 per day or less! That fact absolutely shocked me. With this sign in mind it becomes crucial to focus on all of the effects that have served as money over the history of civilization. Aztecs used Cocoa beans, Norwegians used Butter and dried cod, many Indian tribes used being skins and some of the early colonists used grains. It's worth thinking about this the next time you pick up your paycheck. The word "salary" is consequential from the word SALT, which is what was the key currency of the North Africans for hundreds of years. SALT was a key commodity substance used for preserving food.
A butter and dried cod banking system? Merging your monthly bank account must have been very messy!
I'll take bear markets for $100 desire Alec!
Anybody want to guess how we came to illustrate and classify a BEAR market? Well, there is a argue on this one as most citizens feel that when a Bear makes a assassination its claws move from up to down. However, bear markets are bone-chilling experiences. Markets always fall much closer than they rise! Anyway, the word "arctic" is consequent from "arktos" which just so happens to be the Greek word for "BEAR!" And that is how it is assumed that the word BEAR came to express a declining market. Brrrrrrrrrrr. .
Now you know!
Ok, why the heck do they call it Wall Boulevard anyway?
It was the Dutch you see. They had just moved to Manhattan and had nowhere to build a dyke, so as a substitute they built a wall. This was in 1653, and it wasn't meant to keep water out, but was made to keep out the British and Indians. Easy an adequate amount of for the Dutch, just a 12 foot high wood parapet that ran from river to river.
Then in 1685 they laid out Wall Lane along the line of the stockade.
Now you know.
These days the be around degree on the New York Stock Altercation is several hundred million shares. We have even seen many days when the capacity exceeded over one billion shares. To give you an idea of how far we have come, the last date on background when the New York Stock Barter traded less than one million shares was October 10, 1953. The very first day that the BIG BOARD traded over one million shares was December 15, 1886. On Black Tuesday, the BIG CRASH on 10/29/29 the bazaar reputable Record volume of 16 million shares!
Now you know.
Gosh! One Billion Shares a day. . . . that's a lot of dried cod!
Harald Anderson is the break down and Chief Analyst of eOptionsTrader. com a chief online source of Options Trading Information. He writes commonly for pecuniary publications on Risk Management and Trading Strategies. His goal in life is to befit the kind of anyone that his dog before now thinks he is. http://www. eOptionsTrader. com.
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