Why don't folks see that stockbrokers can't predict the future? After all, people scoff at astrologers and tarot card readers, but if some guy in a suit says he is a market analyst, people can't wait to hear his insider advice for what to do during a stock run or slump. Investment adviser Mark Matson calls these so-called experts what they are: bullies. They are bullies because they line their own pockets by pushing mom-and-pop investors into taking risks they don't fully understand.
"Must read for every investor."
The aim of this 1908 classic book is to present inclear form the simple principles of investment, and to afford the reader a workin knowledge ofthe various classes of securities that were available as investments at the time and theirelative adaptability to different needs. The book is an outgrowth of the writer's personal experience as an investment banker.
You spend your money on things you like we all do. The new IPad just came out? You got to have it. The new IPhone was just released and you want it but you're running low on cash? No problem just put it on the credit card. You try to keep up with the Joneses and as a result you find yourself caught in the consumer trap.