Items related to New Outlook Volume 122
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ...to acquire financial inde endence it is not so much a question of low much one earns, but how much one accumulates, and, no matter how frugal one's habits may be, the result of losses through injudicious investments may offset any accomplishment obtained by selfdenial. Man's eriod of accumulation is limited, and vigi ance and study will have a great deal to do in preventing failure and financial dependency. The wisdom of the judgment of able bankers, combined with the knowledge a prospective investor has of his own requirements in the judicious investing of his surplus funds, will insure t.lie greatest accumulation by the time a man reaches the age of forty-five. By the time a. man reaches this age he has certainly had time to accumulate mone, but the savin has been spasmodic andy tempoi-ar, am statistics show that at the age of forty-five most men have lost or spent nearly all of what they have made up to that time, and the same statistics demonstrate that after fifty not one person in one hundred who has lost his financial footing can regain it, and at the age of sixty-five eighty-tive per BANKERS Founded A.D. I858 WASHINGTON-ILLINOIS Investment Securities New York 40 Exchange Place, 34-3.l' cent of persons still living are dependent upon relatives or charity. Aside from the item of judicious investing there are other matters which have a broad bearing upon this state of affairs. Charge accounts are often opened with too great optimism, apers are si ed without amiliarizing one s self with t eir contents, savings are cut into because living expenses exceed income, and this last feature and the tendency to invest money on ho eful but dangerous hearsay, without know edge. v., '_ of facts, are prime causes of indigency..'...
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- PublisherRareBooksClub.com
- Publication date2013
- ISBN 10 1230095802
- ISBN 13 9781230095806
- BindingPaperback
- Number of pages578
(No Available Copies)
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