Mutual Funds Give People The

One Of The Very Nice Things About Investing In The Stock Market Is That You Learn About All Different Aspects Of The Economy. It's Your Window Into A Very Large World.

If You Go Back To The Time Of J.p. Morgan, The World Of High Finance Was Completely Wholesale. The Prestigious Investment Banks On Wall Street Appealed Exclusively To Large Corporations, Governments, And To Extremely Wealthy Individuals.

Early On, New York Already Had A National And Even International Identity.

The Great Inflation Of The 1970s Destroyed Faith In Paper Assets, Because If You Held A Bond, Suddenly The Bond Was Worth Much Less Money Than It Was Before.

The Securities Laws Of The 1930s Were So Important Because It Forced Companies To File Registration Statements And Issue Prospectuses, And It Remedied The Imbalance Of Information.