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 I - On investment risks

Collection:: Economics Books

:il. IX y U ' tion in income is reparable, whilst to attempt to maintain the original standard of income with a reduced capital sum is a difficult and frequently a hazardous proceeding. In recent years it has been quite easy to construct a very safe investment list to yield 4^ per cent, per annum on an average, but it has never been easy very greatly to increase this yield with due regard to capital safety. Now, suppose £10,000 had been invested to produce £450 per annum, and this income had dropped 20 per cent, to £360, but the capital value had remained intact. In the following example, taken from actual experience, this condition of affairs is very nearly approximated, thus :— Bought in 1892. £2,000 Barry Railway Ordinary at 203. Div. 9^ per cent. £2,500 Queensland 4 per cent. Stock at 10*3 ... ... ... ... 60 shares Union Bank of Australia at £57 a share. Div. £3 a share Price. £4,060 2,595 3,420 Annual Income. £190 92 180 £10,075 ... £462 Value in 1897. £2,000 Barry Railway Ordinary at 291. Div. 10 per cent. £2,500 Queensland 4 per cent Stock. at 113 ... ... ... 60 shares Union Bank of Australia at £29 a share. Div. £l£ per share 1,740 Price. £5,820 2,825 Annual Income ... £200 ... 92 ... 75 £10,385 ... £367

Access restriction

Copyright

fullscreen: Investment, an exact science

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation