Monday, March 25, 2019

Great Migration

I just begin to feel like a man. It's a great pleasure in knowing that you have got some privilege. My children are going to the same school as whites and I don't have to umble to no one. I have registered—Will vote the next election and there isn't any "yes sir" and "no sir."
—Author unknown, from Letters of Negro Migrants of 1916–1918
What began as a trickle soon turned into a mass movement of African Americans known as the Great Migration [Great Migration: beginning during World War I, the mass movement of millions of African Americans from the rural South to cities in the North and Midwest in order to take jobs in industry] . Chicago, New York City, Cleveland, and other cities saw an explosion of black residents. Whites suddenly found themselves competing with blacks for jobs and housing. In some places, racial tensions sparked riots.

Monday, March 18, 2019

Stock Market Simulation

Your Rich Uncle Pennybags has died and left you $100,000!

You could put that money in the Bank but with John Dillinger and his gang running around that might not be such a good idea.

Rather than bury it in pickle jars in the back yard why not invest it in the Stock Market?

1) Which investments were best?  Worst?  What would you do different if you played the game again?

2) Compare/ contrast our simulation graph to the graph of the actual Dow Jones. What is the advantage of long term investing?

3) How did Stock Speculation lead to the actual events of 'Black Tuesday' in 1929?

4) The stock market was the first 'domino' in a chain reaction that would spread world wide.  What were the others?

5) Is investing in the stock market still a good idea?  What would Warren Buffett say?