Liquidity

How long could you live without the stock market?

How long could you live without the stock market?

Would you worry if the stock market closed for five months?  It did just that at the outbreak of World War I.  I’ll admit, that is over 100 years ago.  But what if the market was only open a few days a month?  I would guess that after a time, most people would actually worry less than they do now.  To see why that is so, let’s talk about what a market is, and what it does for us.