Word: taking
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Dates: during 1950-1959
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...state of the U.S. economy. Their report was still another confirmation that the U.S. is in the early stages of a new boom. The businessmen thought that a steel strike might slow the economy's pace somewhat in 1959's second half, but not enough to take the zip out of industry-or prevent it from hitting new peaks in many important sectors...
...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 his wife on a grand tour of Europe...
...wide as the economy. Even more important, he also buys savvy in the stock market, letting the fund managers do his buying and selling for him. Says a St. Louis businessman who gave up making his own investments: "I'm going to stop worrying about stocks and take life easy. Let those boys...
...market. But Robinson cites the record to show that just the opposite has always occurred: more fund investors turn in their shares in a rising market, fewer in a falling market, thus making the funds a balancing force. This may be the shareholder's form of profit-taking, but it is more likely a sign of his confidence in the funds; when the market is uncertain, he feels safer with his money in mutual funds, but when he thinks it is heading for the sky, he succumbs to the temptation to take his money and get into a more...
...whisky stocks. When Vance, Sanders got wind of the plan, it was horrified. A partner gathered up the cards of 1,200 M.I.T. shareholders, walked into a trustee meeting and threw them on the table. They represented Baptist institutions, Christian Scientists, Catholic convents, and other investors who might take a dim view of liquor-even in their portfolios. The trustees hastily backed down...