Investment, an exact science

Bibliographic data

Monograph

Identifikator:: 865521182

URN:: urn:nbn:de:zbw-retromon-48767

Document type:: Monograph

Author:: Lowenfeld, Henry

Title:: Investment, an exact science

Place of publication:: London

Publisher:: The Financial Review of Reviews

Year of publication:: 1906

Scope:: 1 Online-Ressource (X, 160 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter V - The practical construction of investment schemes

Collection:: Economics Books

84 the possibility of so reducing chances as to make satisfactory investment results a practical certainty from the outset. This dubious frame of mind we consider rather advantageous than otherwise, because it should tend to egg the doubter on to a close study of the subject of averaging investment risks. All investigations which he will make will lead to a better under standing of the subject, and to the ultimate conviction that we have in no way overstated the accuracy, with which an investor can pre arrange a given result. Having once determined what results he desires, and having discovered what classes of stocks he should include in his investment list, an investor should be guided by the following main points of a safe Investment Scheme, which are applicable to all investment schemes whatever the desired object may be. 1.—The Division of Capital. The amount invested in every separate stock must be alike ; therefore the number of stocks which the in vestor decides to hold settles the amount of capital to be placed in each. In our opinion the evolution of invested savings should be somewhat as follows :—When annual earnings first begin to exceed the annual expenditure, the Post Office Savings Bank should be the

Access restriction

Copyright

fullscreen: Investment, an exact science

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation