Contents
CHAPTER I
Investment—The Risk Involved—The Ideal to be Aimed at—Minimum Risk, Maximum Growth of Income and Capital—The Borderline of Investment and Speculation—Investment purely for Certainty of Income—Safety First—Risk for those who can afford it—Handing on the Problem—Creditor or Proprietor—The Ordinary Shareholder—His Chance of Growing Income—The Reserve Fund Policy—The Industrial Risk—A Half-way House.
CHAPTER II
The First Charge on Surplus Income—The Forms of Life Policies—Their Pros and Cons—Survivors Pay for the Casualties.
CHAPTER III
Investing for Income—Registered and Bearer Securities—Jobbing in Long Dated and Short Securities—Trade and the Rate of Interest—The Trade Cycle—A Dangerous Game for the Ordinary Investor—Its Expensiveness—The Risk of Depreciated Buying Power through a Rise in Prices—The Investor's Defence against it—Need he now consider it?—The Probability of Comparative Stability in Prices.
