Word: moneys
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Dates: during 1920-1929
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With $500,000 surplus cash to put aside until it is needed, a corporation usually does one of two things. It may bury the money, either in gilt-edged securities, yielding from 3 to 4%, or in its bank account, where it draws 2% as a commercial deposit. Or it may ask the bank to lend the money out on call, at interest rates ranging from 5 to 10%. As the bank asks only a small commission for this service and generally assumes all the risk, the conversion of surpluses into call loans has become a popular feature of corporation...
...current market price, the newsboy has what is known as a "sure thing." If the boy generously lets a traffic policeman in on the secret, he unburdens himself of a "hot tip." If the policeman hesitates to act on the tip, decides first to read How to Invest Money Wisely, by John Moody, he is given the benefit of "financial counsel...
...idol crashed, therefore, when members and guests of Manhattan's Delta Upsilon Club listened, last week, to an address by John Moody, publisher of Moody's Manual, President of Moody's Investors' Service, financial analyst, author of The Art of Investing and How to Invest Money Wisely. Said Analyst Moody, humbly...
...know no hard and fast rule for successful investments. It seems ridiculous to me to be asked how to invest money wisely...
...Years ago, I thought I knew it all. It was then that I wrote The Art of Investing. At 30, I wrote How to Invest Money Wisely. After the book was published, a shabby old gentleman, 85 years old, called on me and asked if I were the author. When I said I was, and asked him what he wanted, he replied...