April 10, 2009
Currency exchange trading – A second significant reason is the ability of large companies to generate a large part of their capital requirements from retained earnings and depreciation funds.
In the end, the great unknown is the long-term growth of stock prices. No one knows how rapid the gains will be. The best efforts at economic analysis are full of qualifications. Superimposed on economic analysis, if the projections are assumed to be correct, are the evaluations placed by investors on earnings and dividends. These evaluations are determined by psychological and political elements. A ten-year period is a long time in some respects.
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