“October. This is one of the particularly dangerous months to speculate in stocks…the others are July, January, September, April, November, May, March, June, December, August and February.”
— Mark Twain, October 1894
Even as we approach October 1998, Mark Twain`s advice regarding the stock market is very insightful.
The president in 1894 was Grover Cleveland and Mark Twain was suffering, as were so many Americans, through the devastating depression that followed on the heels of the 1893 stock market crash.
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