Wall Street in Myth and Reality: A Native’s Guide to Investment
Always remember that what happens on Wall Street is gambling, and if you participate you will be a minnow among whales. But the advantages the whales have written into law can also benefit little fish. In spite of the risk, I’ll try to explain how I got started in saving money for my family at the Wall Street casino and how I came to consider a brokerage account to be a savings account that grows faster than inflation can shrink it. I write now because I came to wish I had started earlier and saved for my retirement.