investments are only investments when they finally meet their objectives. Every investor must know these principles and follow it up strictly. This eBook is good guide for the newbie investor and will guide properly I. GENERAL PRINCIPLES OF INVESTMENT 7 II. RAILROAD MORTGAGE BONDS 23 III. RAILROAD EQUIPMENT BONDS 40 IV. REAL-ESTATE MORTGAGES 51 V. INDUSTRIAL BONDS 63 VI. PUBLIC-UTILITY BONDS 76 VII. MUNICIPAL BONDS 91 VIII. STOCKS 100 IX. MARKET MOVEMENTS OF SECURITIES 108
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