Full text: Investment, an exact science

103 
In all cases where none of the examples 
of Investment Aims given in the previous 
chapter really fit in with the actual object 
desired by the investor, he should either 
endeavour to make up a combination, fitting 
his case for himself, or he should consult a 
competent adviser. 
It is just as useless to expect a toy terrier 
to grow three feet in height as it would be to 
expect a dearly purchased fixed charge stock 
to show a considerable increase in capital 
value. There are certain future possibilities in 
every stock, and unless these possibilities carry 
out the investment aims of its holder, disappoint 
ment is bound to be the ultimate result. 
Before any alterations in the existing 
investment list are made, a definite invest 
ment scheme, setting forth the number of 
stocks to be bought, the class of security 
selected and the Geographical Divisions to be 
covered, should be made out, and then such 
existing investments as do not fit into this 
scheme should be sold and the proceeds in 
vested in stocks which answer every require 
ment of the scheme. 
In some cases it is wise to carry out an 
entire reconstruction forthwith ; in others, it is 
preferable to do so gradually. It is quite im 
possible to give any rigid directions in this
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.