Full text : Investment, an exact science

90

so  select  his  countries  in  which  he  desires  to
invest,  as  to  obtain  as  great  a  contrast  as  is
possible  in  the  trade  influences  which  govern
each  one  of  his  holdings.  If  the  reader  will
look  at  the  accompanying  map  of  the  world  we
will  attempt  to  outline  the  method  he  should
adopt,  not  only  in  his  initial  selection  of  such
stocks,  but  also  in  the  management  and
manipulation  of  his  holdings  as  recommended
in  the  preceding  portions  of  this  book.  For
the  sake  of  clearness  we  shall  develop  the
method  of  distributing  savings  over  a  geographical ­
  area  from  its  incipient  stages.
We  have  already  mentioned,  in  dealing  with
the  division  of  capital,  that  the  first  savings
should  be  placed  in  the  Post  Office  Savings
Bank.  As  soon  as  the  deposits  have  reached
the  sum  of  £100  this  amount  should  be  taken
out  and  invested  in  one  stock.  The  first  stock
chosen  should  be  of  a  general  international
character.  We  will  explain  more  fully  hereafter ­
  the  nature  of  such  stock.  When  the  next
£100  has  been  saved  this  sum  should  be
invested  in  a  British  stock.  The  next  £100
should  be  invested  in  a  stock  whose  trade
influence  is  the  most  likely  to  be  in  diametrical
contrast  to  that  of  Great  Britain.  The  stock
chosen  should  therefore  be  an  American  stock.
The  succeeding  fourth  sum  of  £100  should  be
            
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