Advice to Investors From NYSE Chief Keith Funston
NYSE President Keith Funston offers basic rules for new investors amid 7.5 million stockholders in the nation. He cautions only some should own stocks, recommends fully paying initial purchases, notes credit for margin exists but warns against rushing buys, and says predicting daily prices is impossible due to diverse investor opinions.
MENTIONED IN THIS ARTICLE
Keith Funston
New York Stock Exchange
Funston
Advice on stock selection and the broker’s role
Mr Funston urges consulting a capable broker for stock choices while noting no broker is infallible yet experienced enough to aid informed decisions. He adds that intangible benefits of stock ownership surpass tangible gains and emphasizes defending the capitalist system to resist anti free enterprise propaganda.
MENTIONED IN THIS ARTICLE
Funston
Compos mentis and the mind from flour to forests
A compact note on the term compos mentis meaning of sound mind. It explains white flour made from wheat after removing the outer kernel coat and notes Finland as a heavily forested country. It closes with a remark on the variety of words in use.
MENTIONED IN THIS ARTICLE
Finland
Random Global Statistics Snapshot from a Historic Column
A compact collection of figures notes daily telegrams in the United States around 680000 while addressing education rates and literacy comparisons. It also cites mental health contrasts in Africa versus the United States, English education odds, and remaining Indian head pennies.
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