This dangerous shortage has brought about a brand new industry—the teaching machine, or programmed learning.
The Skinner method is based on repetition and rote learning; the Crowder method relies on the reasoned answer, backed up by remedial explanation in areas where the student shows weakness. The machine and its self-tutoring courses are produced and marketed under an agreement between Grolier and Teaching Machines, Inc.
If you can’t afford the time necessary to develop your own portfolio or the expenses involved in professional management, a new investment vehicle called SBIC (Small Business Investment Company) might be your answer.
This piece from the 1960s demonstrates how Small Business Investment Companies (SBICs) and mutual fund management companies are a good way to build and diversify your growth stock portfolio.
SBICs give investors a safe way to participate in the glamour issues of the day while reducing risk through diversification and professional management.
Savings and loans…traditional investment vehicles, but in recent years, fallen out of favor. As a matter of fact, growth has been stirring in savings and loan companies.
The word is getting around that maybe savings and loan firms are not as dissociated from growth as they were thought to be. As a matter of fact, growth has been stirring in savings and loan companies.
Strictly speaking, there is no such thing as a non-speculative stock. The moment you take a position in a stock you are speculating, sometimes without realizing it. Take some notes from this historical piece; much still rings true today.
Investment in office buildings and apartment houses usually involves such large sums of money that it is beyond the power of most small investors. Therefore, in recent years, it has become increasingly popular for small investors to turn to real estate syndicates. This historical piece offers some great insight into investing in the 1960s.
Risky railroads? During 1960, some railroad bonds sank to the lowest price levels since 1939, with most of them now still quoted at wide discounts from par.
In price behavior these medium-grade railroad bonds were seen by Financial World as having occupied a “midway position” between high grade bonds at one end and the more speculative bonds and common stocks at the other.
The enormous growth of suburban shopping centers and discount stores in the past decade is reflected in the dramatic rise of E. J. Korvette, whose stock rose from a 1959 low of l7s to a high of 128d in 1961. The discount store, characterized by low store overhead, low mark-up and fast turnover of merchandise, once was considered as a renegade form of retailing.
Besides convertible bonds, there are other types of bonds which could be investment vehicles for substantial capital gains. This farmer thought and read about the stock market every waking moment. Preferred stocks with dividend arrears are generally highly speculative.
The space program, said Ralph J. Cordiner, Chairman of General Electric, in The Space Frontier, “will also help to accelerate the development of new or unusual power sources, such as the fuel cell, thermionic converters, magneto hydrodynamics and vastly improved nuclear power sources.”
