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Elaine Scott - Stocks And Bonds Profits And Losses - A Quick Look At Financial Markets 1985_3

Tham khảo tài liệu 'elaine scott - stocks and bonds profits and losses - a quick look at financial markets 1985_3', tài chính - ngân hàng, đầu tư chứng khoán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | The Bulls and the Bears 2 Why Do People Invest ------- 13 w w hy do most people work To earn money of course because it takes money to buy food and clothing and shelter. It costs money to take a vacation or go to school or visit the doctor. Most people earn their money by working for someone else. It could be the neighborhood grocer or it could be Xerox Corporation but the simple fact is most of US will never have our own widget company or own any other kind of business. But we can still participate in many company s profits. How By investing in corporations whose stock is sold to the public. We can also participate in many company s losses. How By investing in corporations whose stock is sold to the public. Back in 1670 a group of businessmen who lived in North America decided that they could make some money if they only could find the Northwest Passage to India. Everyone said it was over here in the New World somewhere They approached King Charles II of England and asked him there were no state governments to grant them a charter for their new corporation which they were going to call Gentlemen Adven- -------- 15