The Best Funds to Buy for the Roaring ’20s

Stock market boom? Check. Economy on fire? For now. But this century isn't like the last in important ways.

modern woman looking in mirror to see 1920s reflection
(Image credit: Illustration by A. Richard Allen)

The post-pandemic financial boom of the 1920s was epic. Cars, radios and telephones became widespread, and the major market indexes were stuffed with the tech and consumer leaders of the day – from American Telephone and Telegraph to Westinghouse Electric. Brokerage houses proliferated, and new investment trusts enabled ordinary people to buy stocks in a snap. Mom-and-pop investors flocked to the market, many using risky margin loans requiring a scant 10% down, and stock prices soared.

Sound familiar?

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Anne Kates Smith
Executive Editor, Kiplinger's Personal Finance

Anne Kates Smith brings Wall Street to Main Street, with decades of experience covering investments and personal finance for real people trying to navigate fast-changing markets, preserve financial security or plan for the future. She oversees the magazine's investing coverage,  authors Kiplinger’s biannual stock-market outlooks and writes the "Your Mind and Your Money" column, a take on behavioral finance and how investors can get out of their own way. Smith began her journalism career as a writer and columnist for USA Today. Prior to joining Kiplinger, she was a senior editor at U.S. News & World Report and a contributing columnist for TheStreet. Smith is a graduate of St. John's College in Annapolis, Md., the third-oldest college in America.