O'Reilly logo

Money Machine by Gary Smith

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

image

THE RIGHT ATTITUDE

Human behavior flows from three main sources:desire, emotion, and knowledge.

—PLATO

Some people think you can’t go wrong buying stocks, at least in the long run. Others think that stocks are like a trip to Vegas, where most people return home with less money than they came with. Both are wrong. The stock market is more nuanced than these simplistic caricatures. Historically, investors have, on average, made a lot of money, but there is no guarantee how future investors will do.

Table 10-1 shows the average annual returns from short-term Treasury bills, long-term Treasury bonds, and the stocks included in the S&P 500 index. The ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required