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Investors urged to buy with cash not debt in 1958 outlook
Babson Park Massachusetts columnist urges readers to avoid borrowing for quick profits in land stocks or small businesses. He stresses buying with cash, recognizing supply and demand dynamics, lower prices as a reality, and using unemployment relief and savings to weather cycles. He cites President Eisenhower and Ecclesiastes to support prudent investing and balanced employment.
MENTIONED IN THIS ARTICLE
Aeril Welm
the News
Nahar
Eisenhower
United States
Desam
Vou
Ecclesiastes