Almost always, after we have discussed a problem with a friend, we think back and say to ourselves: “Why didn’t I add this, and this? How could I have overlooked that?” This chapter is the result of such questioning, as it were. We began with a “fireside chat.” Let us see what an equally informal chat with the reader-investor would cover after he has read this book.

Actually, we have gone over the essentials, but shading and emphasis need touching up. These are the essential points:

1. Investment companies serve a real purpose.

2. Most investors may properly put part of their funds in investment company shares.

3. By and large, the record of investment companies has been favorable.

4. How much the investor should buy; what type of invest ment company share and which investment company issues are most suitable these are matters for the investor himself to decide.

The chief word of caution: Do not, as an investor, expect too much, too fast. In the recent past, the investor has come to expect just that. High expectations sometimes are disappointed.

In considering what investment company or companies to buy into, the investor should analyze his position candidly. What are his objectives? What are his plans for future invest ing? What relation do investment company and all other stockholdings have to net worth, income, and holdings of other securities and to protection in the form of insurance of the in dividual or family. Certified Financial Planner - Read More.