Search Details

Word: encouragementâ (lookup in dictionary) (lookup stats)
Dates: during 1966-1966
Sort By: most recent first (reverse)


Usage:

...Year. To Thomson, investing in the market is no gamble, and he has statistics to prove his point. Under Merrill Lynch encouragement???to the tune of $400,000?the University of Chicago's Center for Research in Security Prices recently studied all stock-price changes since 1926, carried out 56,558,000 computerized transactions. Result: a long-term profit that varied according to tax bracket: a tax-exempt institution would have earned 9% per year on its investment since 1926; an individual in the $10,000-a-year bracket, 8.2%; and one in the $50,000-a-year bracket...

Author: /time Magazine | Title: U.S. Business: Wall Street: A Long Look Upward | 8/19/1966 | See Source »

| 1 |