How to Invest Wisely

Download or read book How to Invest Wisely written by American Institute for Economic Research and published by American Institute for Economic Research. This book was released on 2019-12-23 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic of the American Institute for Economic Research, How To Invest Wisely was first written and published in 1947, just as American society was being put back together again following the ghastly upheaval of war and its command economy. Americans regained their ability to control their economic and financial future, and did so in a world of rising prosperity, changing technology, and regained control of family and community. How to Invest Wisely was an immediate hit. New editions appeared every few years between that date all the way until 2010 when it stopped being printed. The first edition was prepared by our founder, Edward C. Harwood. Other writers and editors through the years include Richard W. Radcliffe, Stanley D. Ryals, C. Russell Doane, and Lawrence S. Pratt. This edition adds consultation by Edward Stringham and Peter C. Earle. Rather than attempt an integration between old wisdom and new opportunities, we’ve updated the most recent edition and added the first-edition classic as an appendix. It still remains valuable after all these years. How to Invest Wisely is about investing: the patient and prudent management of financial assets for the long term. It is not about starting or managing your own business or how to “get rich quick.” It is only incidentally about minimizing taxes. The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity.