What Every Investor Should Know
What Every Investor Should Know
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In our eReader you can find the full English version of the book. Read What Every Investor Should Know 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 What Every Investor Should Know
What reading level is What Every Investor Should Know book?
To quickly assess the difficulty of the text, read a short excerpt:
No matter how tight money becomes or how shaken the public confidence, the New York Stock Exchange is always able to produce a buyer at some price for what- ever securities are offered for sale there. This is because someone is always willing to take a chance.
But if all gambling or speculation were eliminated, the business of the Exchange would be cut down to an "infinitesimal'' part of what it now is under natural condi- tions, and its efficiency in providing an in- stantaneous market would b...e impaired to the same extent. Mr. Lawson's "Rem- edy" may be a sure specific for all our trou- bles, but it will injure investors in this way.
. It follows therefore that the present-day investor should contract his holdings of securities listed on the New York Stock Exchange to the narrowest possible limits. For the safety of these securities is being 104 REAL ESTATE MORTGAGES SAFEST impaired and their marketability is likely to be restricted also.
This applies especially to railroad and public utility bonds and in a lesser degree to industrial bonds.
What to read after What Every Investor Should Know?
You can find similar books in the "Read Also" column, or choose other free books by Walker M Van Riper to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
No matter how tight money becomes or how shaken the public confidence, the New York Stock Exchange is always able to produce a buyer at some price for what- ever securities are offered for sale there. This is because someone is always willing to take a chance.
But if all gambling or speculation were eliminated, the business of the Exchange would be cut down to an "infinitesimal'' part of what it now is under natural condi- tions, and its efficiency in providing an in- stantaneous market would b...e impaired to the same extent. Mr. Lawson's "Rem- edy" may be a sure specific for all our trou- bles, but it will injure investors in this way.
. It follows therefore that the present-day investor should contract his holdings of securities listed on the New York Stock Exchange to the narrowest possible limits. For the safety of these securities is being 104 REAL ESTATE MORTGAGES SAFEST impaired and their marketability is likely to be restricted also.
This applies especially to railroad and public utility bonds and in a lesser degree to industrial bonds.
What to read after What Every Investor Should Know?
You can find similar books in the "Read Also" column, or choose other free books by Walker M Van Riper to read onlineMoreLess
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