Stock, Forex, Commodities, Options, Futures, Cryptocurrencies
Free Resources
logo-main
0 items $0.00
Menu
logo-main
0 items $0.00
Browse Categories
  • Trading Courses
  • Forex and Stocks Trading
  • All in One Series
  • Astro Trading
  • Cycle Trading and Market Timing
  • Options Trading
  • Commodity and Futures
  • Geometric and Pattern Trading
  • Investment and Economy
  • Astrology and Numerology
  • Cryptocurrency Books
  • Home
  • Books and Courses
  • Articles
  • Contact Us
  • About US

Free Resources

Login / Register
0 Wishlist
Home Investment and Economy Duncan On Investment And Speculation In Stocks And Shares
Stan Weinstein's Secrets For Profiting in Bull and Bear Markets
Stan Weinstein's Secrets For Profiting in Bull and Bear Markets $15.00
Back to products
The Richard D.Wyckoff Method of Trading in Stocks
The Richard D. Wyckoff Method of Trading in Stocks $12.00
Duncan On Investment And Speculation In Stocks And Shares
Click to enlarge

Duncan On Investment And Speculation In Stocks And Shares

$11.00

Author(s)

William Wallace Duncan

Pages

233

Format

PDF

Published Date

1895

Add to wishlist
394 People watching this product now!
Category: Investment and Economy Tag: Psychology and Risk Management
Share:
  • Description
Description
Rate this product

Duncan On Investment And Speculation In Stocks And Shares explain the technicalities of the Stock Exchange, and to clear up such difficulties as have hitherto lain in the paths of inexperienced investors.

Introduction (From Author):

INVESTMENT and speculation are twin sisters, and so nearly alike that it is almost impossible to discriminate between them. There are investors, that is to say, people with money laid out to produce income, who would be horrified at the idea of being classed with speculators. Yet what are speculators if they too are not people with money laid out to produce income? Where is the difference? An ” investment” is supposed to mean absolute safety, but where is absolute safety to be found?

And the so-called speculator? Does not he consider that his ventures in the aggregate are absolutely safe to bring him a fair return for the capital embarked? All investments of money are more or less speculations as surely as that all speculations are investments of money. Both methods, call them what we will, have the same object in view, to be achieved by similar means namely, to put out money to the best advantage.

The very people who are most shocked at speculation and gambling are often themselves the most inconsistent gamblers. They invest, and perforce take a chance of losing. But what they do not see is that in their forms of investment the chances are against them ; their chance of loss greatly exceeds their chance of gain. If the unforeseen should happen they might make heavy losses, but no combination ·of circumstances could make them heavy winners. On the other hand they would contend that speculation implies large· chimerical gains with possible loss of the whole capital. This also is an unfair explanation. As a matter of fact, investment and speculation are words with but slightly different meanings.

  • INVESTMENT, strictly speaking, is the placing of capital in a security which does not vary in value, and which offers a certainty that interest upon the same will be regularly paid.
  • SPECULATION is the placing of capital in a security not selected so much with a certainty of regular interest as with the idea of the value of such security increasing.

And a good speculation is one in which the chance of decrease in value is smaller than the chance of increase. The investor receives his interest ; the speculator his profit. Again a distinction without much difference. We may take it therefore that there are three ways of laying out money to produce income; by: Investment-Speculative Investment-Speculation. To appreciate the difference between these three is a most important lesson to be learnt. To know how to adapt each to one’s personal circumstances, to become master of the art of employing money in investment, in speculative investment, or in speculation according to the probabilities of the moment will follow in due course if proper attention be paid to the subject.

And unless a capitalist is prepared to take the very slight trouble necessary to teach himself to invest, he had better be satisfied with the tiny return which high class investment offers him. If, on the other hand, he is sensible enough to want the most he can get for his money, then he must calculate what risks he runs and employ his capital where the contingencies are in his favour. When he knows them he can provide for them and fortify himself against them. If he thinks he holds the one class of security when really he has the other he is in danger that he may not realise until it is too late to save himself and his money. So the prime point is to know whether his property consists of investments, of speculative investments, or of speculations.

Contents:

First Part:

  • THE PRINCIPLE OF INVESTMENT
  • INVESTMENT AND SPECULATION
  • INVESTMENT
  • SPECULATIVE INVESTMENT
  • SPECULATION
  • PERMANENT SPECULATION
  • TEMPORARY SPECULATION

Second Part:

  • COMPANIES AND STOCKS AND SHARES
  • THE STOCK EXCHANGE
  • PRICES OF STOCKS
  • STOCK EXCHANGE BOOKKEEPING
  • ANOTHER MODE OF SETTLEMENT

Third Part:

  • SUCCESS IN STOCK OPERATIONS
  • APATHY OF INVESTORS
  • PROFITS VS DIVIDENDS
  • How TO MAKE YOUR OWN DIVIDEND
  • No PERMANENT INVESTMENTS
  • SECOND-HAND SHARS
  • FLUCTUATIONS IN PRICES
  • No HAGGLING
  • MORAL FROM A BABY PANIC

Fourth Part:

  • THE CLEVER INVESTOR
  • IDEAL MANAGEMENT OF CAPITAL
  • A GOOD JOBBER
  • AN INVESTMENT REGISTER
Duncan On Investment And Speculation In Stocks And Shares By William Wallace Duncan PDF

Related products

The Increasing Gold Supply
Quick view
Add to wishlist

The Increasing Gold Supply and Its Effect on Security Values

$16.00
Add to cart
Scientific Stock Speculation
Quick view
Add to wishlist

Scientific Stock Speculation

$12.00
Add to cart
The ABC of Stock Speculation By S. A. Nelson
Quick view
Add to wishlist

The ABC of Stock Speculation

$14.00
Add to cart
The Art of Wall Street Investing By John Moody
Quick view
Add to wishlist

The Art of Wall Street Investing

$14.00
Add to cart
The Elements of Speculation By Thomas Gibson
Quick view
Add to wishlist

The Elements of Speculation

$18.00
Add to cart
The Art of Investing by a New York Broker
Quick view
Add to wishlist

The Art Of Investing

$15.00
Add to cart
The Machinery of Wall Street
Quick view
Add to wishlist

The Machinery of Wall Street

$12.00
Add to cart
Pitfalls Of Speculation By Thomas Gibson
Quick view
Add to wishlist

Pitfalls Of Speculation

$13.78
Add to cart

ONLINE PAYMENT

Payment methods

24/7 SUPPORT

Unlimited help desk

100% SAFE

SSL Certificate

INSTANT DOWNLOAD

Digital Ebooks and Courses

logo-main

Trading Books, Trading Courses, Trading Articles for All Traders

  • Charitsy Building, Zabeel Road, Al Karama st, Dubai
  • Telegram : @sacredtraders
  • Email: [email protected]
Recent Posts
  • Volatility As A Stock Bellwether By Dan Zanger and Matt Blackman
    September 23, 2023 No Comments
  • Getting Clear With Short-Term Swings By Ron Black
    September 16, 2023 No Comments
  • Market Reactivity By Al Gietzen
    September 9, 2023 No Comments

NEW PRODUCTS

  • The Psychology of Trading_ How to Create and Maintain Your Winning Edge By Jason Alan Jankovsky The Psychology of Trading: How to Create & Maintain Your Winning Edge $9.79
  • All About Technical Analysis_ The Easy Way to Get Started By Constance Brown All About Technical Analysis: The Easy Way to Get Started $12.63
  • USEFUL LINKS
    • Trading Books and Courses
    • W.D. Gann
    • Privacy Policy
    • Terms & Conditions
    • DMCA
2017-2023 Sacred Traders Powerd By Sacred Traders Team
  • Menu
  • Categories
  • Trading Courses
  • Forex and Stocks Trading
  • All in One Series
  • Astro Trading
  • Cycle Trading and Market Timing
  • Options Trading
  • Commodity and Futures
  • Geometric and Pattern Trading
  • Investment and Economy
  • Astrology and Numerology
  • Cryptocurrency Books
  • Home
  • Books and Courses
  • Articles
  • Contact Us
  • About US
Shopping cart
Close
Sign in
Close

Lost your password?

No account yet?

Create an Account
Shop
0 Wishlist
0 items Cart
My account