INVESTMENTS: How to Keep a Buck

Said one of Wall Street's shrewdest speculators: "If I could find somebody who could tell me a sure way of keeping one-fourth of my fortune, I would cheerfully give him the other three-fourths." Nobody in Wall Street has yet found the "sure way." But in a world of welfare states populated with security-minded people, more investors than ever are engaged in a ceaseless search of their own for security.

Out of this quest has arisen the lustiest, fastest-growing phenomenon in U.S. finance: the investment trust, notably the "open-end" or "Boston-type" trust. Though...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!