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Updated: May 4, 2025
His words for the moment alarmed me, for, acting on old Gadley's advice, I had persuaded my mother to put all her small capital into Mr. Stillwood's hands for re-investment, a transaction that had resulted in substantial increase of our small income. But, looking into his smiling eyes, my momentary fear vanished. Laughing, he laid his hand upon my shoulder.
They resorted to substituting future dividends the outcome of capital accumulation and re-investment for present ones. The myth was born. Thus, financial market theories starkly contrast with market realities. No one buys shares because he expects to collect an uninterrupted and equiponderant stream of future income in the form of dividends.
And, thanks to the affection of an uncle, she had means some £400 a year, capable of considerable increase by re-investment of the principal which were enough for two persons who could be content with plain living in Italy.
He mentioned to me that he only did business for old clients." "Do you think he'd be likely to have a sum of ten thousand pounds lying at his bankers?" inquired Starmidge. Hollis looked sharply at the detective and then shook his head. "Not unless it was for some special purpose," he answered. "He might have such a sum if he'd been selling out securities for re-investment.
Seven thousand clear for re-investment." "How splendid!" she said, and in that instant her face seemed to catch and reflect his enthusiasm. "To have waited, fought like that in the face of defeat, and to have made good." "And it's only the beginning," his voice caught a little; "an apple orchard has bigger results every year after maturity.
But when the shares stood at fifty-three pounds each, Mahony could restrain himself no longer; and, in spite of Ocock's belief that another ten days would see a COUP, he parted with forty-five of the half hundred he held. Leaving the odd money with the lawyer for re-investment, he walked out of the office the possessor of two thousand pounds.
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