Professional Documents
Culture Documents
millions of businesses, large and small, that are the key to our prosperity and
our strength as a nation
basics of how this economic system works
Big defence contractors
Any think which is highly volatile in news will come fast the same way.
Food business will always run in the event of any crash in the market.
Consumer growth companies (which sell inexpensive products)
These are called consumer growth
companies. They sell inexpensive items: beer, soft drinks, snacks, and so
forth, or necessities, such as medicines that people can’t live without.
Chewing gum and candy companies, such as Wrigley’s, can thrive on
recessions, because as Mr. Wrigley himself once said: “The sadder they are,
the more the people chew.”
Depressions they can handle, wars they can handle, the hole in the
ozone layer doesn’t bother them, but competition can do them in.
labor-saving devices
These officers and directors must also notify the SEC any time they buy or
sell shares of the company’s stock, and this information is available to the
public. It’s quite useful to know what these insiders are doing with their own
investments, because they’re involved with the company on a day-to-day
basis. If several of them are selling their shares all at once, they can’t be very
optimistic about the company’s prospects. On the other hand, if they’re
opening their wallets to buy more, they have to like what’s going on
whenever it does, the market “corrects,” the prices drop to more sensible
levels, and thepeople who bought at the top are stunned and depresse
The more you salt away now, while you’re on the parental dole, the
better off you’ll be when you move away and your expenses shoot up
never thought of her car as an investment. It’s only transportation. Then don’t
go for the pricerier thing go for the comfort and average decent price.
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To him, a $400 TV set he saw in the store wasn’t really a $400 purchase. He
always thought about how much that $400 would be worth twenty years
later, if he invested it instead of spending it. This sort of thinking kept him
from wasting his money on items he didn’t need.
You may be paying them as much as 18 percent, which gives them a better
return from your pocket than they could ever expect to get from the stock
market. In other words, to a credit-card company, you’re a better investment
than a stock.
Debt is saving in reverse. The more it builds up the worse you are off. Just
see the government, it is in the biggest debt and every year the debt is
growing. Debt is bad.
5. Buying stocks