How to Invest Money
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In our eReader you can find the full English version of the book. Read How to Invest Money 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 Invest Money
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In addition, the principle of distribution of risk should prevent one industrial company from investing its reserve funds in the securi- ties of another industrial company.
For private investment the case is somewhat different. A man of good business judgment, who desires to obtain a high yield for which he is prepared to sacrifice something in the way of convertibility and prospect of apprecia- tion in value, may buy the underlying issues of strong companies with every confidence in the safety... of his principal. Again, the investor who wants a high yield and quick convertibil- ity, who is prepared to take a business man's INDUSTRIAL BONDS 75 risk and to sacrifice stability of market price, may make a large profit by buying second- grade industrial bonds. No investor, however, should deceive himself with the idea that any industrial bond will satisfy all the requirements of the ideal investment.
VI PUBLIC-UTILITY BONDS IT was a common saying among bond-deal- ers a few years ago that the day of the municipal bond had passed, the day of the rail- road bond was passing, and the day of the public-utility bond was to be.
What to read after How to Invest Money?
You can find similar books in the "Read Also" column, or choose other free books by George Garr Henry to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In addition, the principle of distribution of risk should prevent one industrial company from investing its reserve funds in the securi- ties of another industrial company.
For private investment the case is somewhat different. A man of good business judgment, who desires to obtain a high yield for which he is prepared to sacrifice something in the way of convertibility and prospect of apprecia- tion in value, may buy the underlying issues of strong companies with every confidence in the safety... of his principal. Again, the investor who wants a high yield and quick convertibil- ity, who is prepared to take a business man's INDUSTRIAL BONDS 75 risk and to sacrifice stability of market price, may make a large profit by buying second- grade industrial bonds. No investor, however, should deceive himself with the idea that any industrial bond will satisfy all the requirements of the ideal investment.
VI PUBLIC-UTILITY BONDS IT was a common saying among bond-deal- ers a few years ago that the day of the municipal bond had passed, the day of the rail- road bond was passing, and the day of the public-utility bond was to be.
What to read after How to Invest Money?
You can find similar books in the "Read Also" column, or choose other free books by George Garr Henry to read onlineMoreLess
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