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Why Bonds Are Safe Investments | By Harris Trust & Savings Bank



The average person perhaps does not realize to what an extent he is now indirectly investing in bonds, and enjoying the advantages which bonds have made possible. The insurance company in which he, his family or his property is insured invests its funds largely in bonds. So very likely to a considerable degree does the bank in which he deposits his money. The school where he sends his children has probably been built from the proceeds of a bond issue, as have many of the other public improvements of his community, the local electric light plant, the waterworks, the railroads which developed the country nearby, the trolley lines on which he rides, etc. Many of the greatest conveniences of the present day would have been impossible if bonds had not been considered safe investments by a very large number of people. It is the purpose of this pamphlet to explain the elements of safety which have made this class of securities so popular with careful investors.

TitleWhy Bonds Are Safe Investments
AuthorHarris Trust & Savings Bank
PublisherBond Department Harris Trust & Savings Bank
Year1882
Copyright1882, Bond Department Harris Trust & Savings Bank
AmazonWhy Bonds Are Safe Investments
Harris Trust & Savings Bank, Chicago Monroe Street, Near La Salle.

Harris Trust & Savings Bank, Chicago Monroe Street, Near La Salle.

-Why Bonds Are Safe Investments
THERE comes to almost every prosperous man a time when he wishes to know the best way of securing a steady income from his accumulated savings without the burden or responsibility of managing property...
-Security
But a bond is even more than this. In the old common law sense of the word, a bond signified an obligation to perform an act, and in the event of failure to do so, there was provision for the forfeit ...
-Registered Bonds
Some bonds do not have coupons; these are known as fully registered bonds. Instead of presenting coupons for collection, the owner of such bonds receives his interest by check through the mail witho...
-Price
The price of a bond like the price of grain, provisions or any other commodity, depends upon market conditions existing at the time. Naturally, other things being equal, a six per cent bond will bring...
-Foreign Government Bonds
The bonds of leading foreign governments have always been considered among the world's soundest securities, and until the Great War began in 1914 commanded unusually high prices, yielding correspondin...
-Corporation Bonds
This class of bonds is issued by railroad, public service and other corporations for the purpose of procuring funds for constructing or extending the company's system or plant. Such bonds are secured ...
-Requirements Of Safety
When a successful investor wishes to avoid risk he has in mind three important requisites of any investment he may choose: First Security, or safety of the principal invested. Second Convertibilit...
-History Of The Harris Organization
The Harris bond and banking organization, consisting of the Harris Trust & Savings Bank of Chicago; Harris, Forbes & Company of New York; Harris, Forbes & Company, Inc., Boston, and the Harris Safe De...









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