Party Favors: Buying Stocks on Margin
Lecture no. 36 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 03 min | Categories: The Great Courses Plus Online Economics & Finance Courses
As the Dow Jones Industrial Average continued to rise throughout the 1920s, people wanted to keep the party going. One way: buying stocks on margin, which means you borrow money to purchase shares.