Excerpt from The Careful Investor Out of the growing caution of the investor in buying securities, and the desire of the investment banker to take no chances as to the quality of what he offers, has been developed a body of sound financial knowledge which is constantly being utilized to increase the security of invest ments. Improvement has proceeded so far that it is now possible to offer the investor thoroughly safe bonds which will yield a much higher rate of interest than was, until recent years, thought con sistent with security. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.