How Wall Street Works, 2nd Edition by David Scott

By David Scott

Why 5 stars: reason it is a great booklet for people that understand wall highway with no particularly knowing the way it works (so nice title). nonetheless it's smooth however the content material is quite robust, no longer too dull, brief and the p[resentation is excellent. equipped aroud plenty of questions-answers, that may curiosity a truly huge public. suggestion: purchase it reason it's very reasonable for the knowledge it presents in comparison to different books notice: that could be a nice introductory booklet

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It is also important to keep in mind that profit distributions are taxable What Is Stock? 31 when received by shareholders, while increases in the value of ownership are not taxable until stock is sold. In other words, retaining profits for reinvestment has the effect of deferring any taxes to be paid by shareholders. The tax aspect of investing is discussed in a subsequent chapter. What if I need current investment income for spending needs? If you require current income to meet daily living expenses, you may want to choose preferred stock or the common stock of a company that pays a generous dividend.

Do dividends change from year to year? Hopefully, dividends on the stock you own will increase over the years. Increased dividends are most likely when a company experiences an increase in revenues and profits. Without corresponding increases in profits, continually increasing dividends will eventually eat up all the profits and the firm won’t have any funds available for reinvestment. Some companies have a proud history of raising dividends at frequent intervals. Other firms raise dividend payments sporadically as conditions warrant.

The redemption date is very important in valuing a bond.

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