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Quote of the Day
“The man who begins to speculate in stocks with the intention of making a fortune usually goes broke, whereas the man who trades with a view of getting good interest on his money sometimes gets rich.”
-Charles Dow
Getting “good interest” on your money is easier said than done. How do you find an investment that will produce a decent return? Check out our post: Warren Buffett’s Concept of an ‘Equity Bond’
November 11th – This Day in Stock Market History
November 11th, 1918 – World War 1 is over as armistice is signed. The New York Stock Exchange would close for celebration.

World War 1 closed the New York Stock Exchange for 4 and a half months, between July 30 and December 12 of 1914. As investors began to realize that the war would bring many profitable opportunities to American manufacturers, stock prices steadily increased during the war.
By 1918, stock markets had appeared to have the victory priced in, as there was relatively little action on Wall Street after the armistice to end World War 1 was signed. The Dow Jones Industrial Average fell 1.70% as trading resumed on November 12th. But stock markets had rallied a couple percent a few days prior as rumors circulated that the end of World War 1 was near. The stock market even closed early on November 7th, 1918 after false rumors of an end to World War 1 spread. Source: Wall Street and the Stock Markets: A Chronology
After World War 1 was over, the U.S. would enter a recession as factory jobs disappeared, exports were greatly reduced, and soldiers came home. U.S. stocks would decline 40% from their post-war high on November 3rd 1919 to August 24th, 1920. This would be the last major decline in the markets until the great depression hit in 1929:

For more history on World War 1’s impact on the markets, this Business Insider article has some good information.
Best November 11th in Dow Jones Industrial Average History
1932 – Up 3.80%, 2.49 points.
Worst November 11th in Dow Jones Industrial Average History
1929 – Down 6.82%, 16.14 points.
Read of the Day
What happens to the stock market if the U.S. goes to war? – By the CFAInstitute
<– Go To Previous Day: November 10th, 1983 – Microsoft unveils Windows 1.0 in what was described as, “the most elaborate product introduction ever witnessed”.