Fundamental Investment Principles

Fundamental Investment Principles
ISBN-10
150862447X
ISBN-13
9781508624479
Category
Business & Economics
Pages
42
Language
English
Published
2015-02-25
Publisher
CreateSpace
Author
Investors Publishing Company

Description

This is from an old publication offering advice on how to invest. From the foreword: "The object sought and the value claimed for this compilation is based upon the assumption that information, which hundreds of people have actually asked for, concerning stocks, bonds and all kinds of securities, may be of interest and helpful to thousands of others. Studious application to the teachings given and a careful and persistent adaptation of the same, whenever one is approached with investment offerings, will unquestionably minimize the elements of risk and avert the dangers of loss. Millions of dollars worth of stocks and bonds for new enterprises are yearly offered for sale and a proper selection is, in itself, a difficult task, especially for the inexperienced; becoming even more complicated when the requirements to suit the circumstances of the individual investor are taken into consideration. What will meet the demands of the rich rancher will not be suited for the savings of a small merchant or of a teacher. Some desire an investment for a long period-others prefer short term securities, for the temporary employment of their funds. The principles of investing are set forth herein as simply as possible in plain, concise lay language, to enable those who take the ordinary precautions, to avoid the many pitfalls with which they are confronted in search of a larger interest income than that offered by savings banks. In these days we find a most extensive range in offerings of investments. Everything from fraudulent business ventures to government bonds is trademarked "An Investment." It is remarkable that the public does not discriminate between real, conservative, carefully chosen securities and some of the most impossible schemes. Men and women practice economy and self-restraint for years in order to store up a competence and accumulate their savings for use in old age; yet hundreds of these people meet with financial ruin because of some scheme which promises a magical transformation of their savings into untold riches. The tendency to get something for nothing, a desire for exceptional bargains and the acquirement of sudden wealth, is deeply rooted. Although a great many unscrupulous parties are frequently exposed by prosecution, et cetera, there are always some persons quite ready to risk their savings on apparent investments which promise to work wonders and multiply money hourly. "

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