By Hans Wilhelm
Josephine, a tender penguin, is discouraged by way of her loss of luck at school, yet discovers that it truly is greater to maintain attempting than to renounce.
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Additional resources for Don't Give up, Josephine!
Here’s your investment edge. You have the power to wait for opportunities to materialize based on your well-thought-out plan. You have the ability to see the big picture and respond as necessary. You have done the necessary homework and are well prepared to face the other side of this vicious cycle. You have a long-term motive that sees beyond the next few years. Your goal is clearly deﬁned and has highly controlled risk/reward ratios. Most of all, the single variable that engages success is the positive state of mind.
For example, two brothers named Paul and Joseph Galvin needed revenue after the 1929 stock market crash. They had earlier started Chicago’s Galvin Manufacturing to sell electric converters for batteryoperated radios, but business slowed dramatically. A nearby radio parts company owned by William Lear in the same factory building and an audio engineer named Elmer Wavering teamed together with the two brothers to create the ﬁrst car radio. They installed the ﬁrst car radio in a Studebaker in May 1930.
Either way, the markets feed on news to move. S. Department of Labor through its Bureau of Labor Statistics (BLS) division releases the total number of employed and unemployed persons in the United States for the previous month. Currently this number is closely watched by investors on the morning of its release and can cause large movement in all types of markets, particularly the stock market. It tells us what percentage of the labor force is unemployed. The government conducts a monthly sample survey called the Current Population Survey (CPS) which measures the extent of unemployment.