How to Invest Money. English-only reading by default; switch among English, Chinese, and Spanish, or compare languages side by side.
This chapter examines Preface, using the author’s early-twentieth-century investment framework to explain how investors were expected to judge security quality, income, risk, and market conditions. It opens from the chapter’s own discussion: The aim of this book is to present in clear form the simple principles of investment, and to afford the reader a working knowledge of the various classes of securities which are available as investments and their relative adaptability to different needs. The book is an outgrowth of the writer’s personal experience as an investment banker.
Readers studying financial history, investment education, and the chapter’s specific subject—securities, working knowledge, investment banker—will get the most from this section. It is not suitable as a modern trading or investment checklist.
Read this chapter as historical investment education. The market rules, disclosure practices, securities, commissions, interest-rate conditions, and investor protections around securities, working knowledge, investment banker may differ sharply from modern markets.