How to Get Ahead Saving Money And Making It Work
How to Get Ahead Saving Money And Making It Work
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In our eReader you can find the full English version of the book. Read How to Get Ahead Saving Money And Making It Work Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book How to Get Ahead Saving Money And Making It Work
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To quickly assess the difficulty of the text, read a short excerpt:
This is an important point, be- cause beyond question the chief requisite of a good investment is safety, or the certainty that ^ the principal sum will be returned when agreed upon or when demanded, or that it can be con- verted into money. And, as the leading refer- ence book on bonds, The Principles of Bond In- / vestment, by Laurence Chamberlain, says, "There is one and only one word in the language to designate the employment of funds in accord- ance with these requirements, and that is th...e word 'Lien. ' " Bonds and mortgages are, there- fore, the securities that are best suited to the needs of the inexperienced investor. 195 196 HOW TO GET AHEAD A bond is in essence a lien as distinguished from a share of ownership. Any one familiar with the financial markets might name offhand well-known stocks that are as safe, for all prac- tical purposes, as are three-fourths, or perhaps ninety per cent. , of all the bonds in existence. But two points must be noted : In any given concern bonds are safer than stocks.
What to read after How to Get Ahead Saving Money And Making It Work?
You can find similar books in the "Read Also" column, or choose other free books by Albert William Atwood to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
This is an important point, be- cause beyond question the chief requisite of a good investment is safety, or the certainty that ^ the principal sum will be returned when agreed upon or when demanded, or that it can be con- verted into money. And, as the leading refer- ence book on bonds, The Principles of Bond In- / vestment, by Laurence Chamberlain, says, "There is one and only one word in the language to designate the employment of funds in accord- ance with these requirements, and that is th...e word 'Lien. ' " Bonds and mortgages are, there- fore, the securities that are best suited to the needs of the inexperienced investor. 195 196 HOW TO GET AHEAD A bond is in essence a lien as distinguished from a share of ownership. Any one familiar with the financial markets might name offhand well-known stocks that are as safe, for all prac- tical purposes, as are three-fourths, or perhaps ninety per cent. , of all the bonds in existence. But two points must be noted : In any given concern bonds are safer than stocks.
What to read after How to Get Ahead Saving Money And Making It Work?
You can find similar books in the "Read Also" column, or choose other free books by Albert William Atwood to read onlineMoreLess
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