saving bonds

During the Great Depression of the thirties the plight of the senior citizens, and also of a large proportion of the unemployed, became acute. Legislation was framed, introduced, and finally passed. Old Age and Survivorship Insurance had become a reality. One aspect of its operations will bear further scrutiny.

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Many investors have a love affair with cheap stocks, but as Mr O'Neil (Founder of nvestor's Business Daily) puts it: "Stocks are cheap for a reason". In many (but not ALL) instances, investors try to buy stocks on the cheap without realizing that they're buying stocks of a corporation mired in problems with slowing earnings, sales growth and shrinking market share. These are bad characteristics for a stock to have, cheap or not.

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