Word: invest
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Benny sought out a broker, told him of his yen to invest-though he hardly knew a stock from a bond. Having met hundreds of Bennys, the broker knew just what to do. Benny, he said, should invest in shares of a mutual fund. By last week Benny Hall's investment of $5,000 had grown to $20,000 without his putting in another penny. With his nest egg bigger than he had ever hoped, Benny has used his salary and the returns from the sale of his house to buy a $30,000 home, plans to take...
...Offer financial aid to foreign-development banks and other "American financial institutions which are prepared to invest in private enterprises in the less developed countries...
...power, irrigate 250,000 acres of parched croplands. Another is a plan to exploit 200 million tons of 55.6%-grade iron ore found twelve years ago south of the Negro River. The government has also approved plans by Houston's Butadiene & Chemical Corp. to invest $40 million for three big petrochemical plants for synthetic rubber, carbon black and butadiene gas near Comodoro Rivadavia, plus another $17 million for an aviation-gasoline plant...
With the will of the late Vincent Astor (TIME, Feb. 16) waiting for probate, the temporary administrators of the estate petitioned Dutchess County, N.Y. surrogate's court for help on a little problem in part created by Philanthropist Astor's uncanny financial touch. The request: permission to invest earnings of the mammoth estate (at least $100 million), which is burgeoning at the rate of more than $200,000 a month...
...courage to invest regularly in blue chips all during the Depression and since could hardly have escaped making a fortune. Last week, to thousands of curious investors, Merrill Lynch, Pierce, Fenner & Smith proved this in a booth in Manhattan's Grand Central Station. There a whirring IBM Cardatype accounting machine figured what would have happened had an investor put an average $500 a year into a stock every year since 1929-about $15,500 in all. Had he bought Alcoa, his shares would be worth $115,850, and he would have pocketed $17,158 in cash dividends-a paper...