The Daecheong Incident - November 10, 2009 | Profit From The Past

On November 10, 2009, a North Korean navy patrol boat crossed into South Korean territory in the Yellow Sea which would provoke what is now known as the Daecheong incident.

While the Daecheong incident didn’t escalate into anything more serious - like a full fledged war, it does speak to the unstable and volatile nature of the region.

Investors must take heed and act accordingly. The global order is in an increasingly precarious position and another major war between great powers seems inevitable.

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Profit From the Past is a weekly series that examines historical events and the opportunity they provide to us today, usually in the stock market. Every Wednesday host Jason Simpkins will discuss a different historical event on (or around) its anniversary, and how it has created an investment opportunity for us today.

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Disclaimer: We do not provide personal investment advice. Forward-looking statements and projections are subject to change and may be inaccurate. All investing carries risk. Be smart out there. And good luck.