Financial Crisis of 2008

(September 12, 2018) When the banks began to fail in 2008, executives turned to Warren Buffett in a plea for last-minute funding. He later called the events that followed an “economic Pearl Harbor.” Ten years later, Warren Buffett explains what happen to the financial crisis of 2008.

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6 thoughts on “Financial Crisis of 2008

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    1. Start with a small sum. As a beginner in the stock market, I recommend you to consider to invest in index fund. If you are serious about investing, I would start to learn how to evaluate a business. There are many investing lessons I posted on the Investing -> Wisdom. Check it out and feel free to contact me for any question. I will try my best to assist you.

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    1. You may open a brokeage account to buy index fund for less than a thousand dollar. However, the broker charges you service fee every time you buy or sell the index fund. To generate reasonable rate of return, you should have sufficient amount that the transaction fee of your investment is insignificant to your expected rate of return.

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