Hi to you all,
Just want to bring to you all an insight regarding the 'stock market'. I've had a few earnings myself and thus would like to share what little I may have. In 2007, I earned over 5,000 PGK (PNG Kina), within 7 months investing on a local market, and in my home country its a fortune. Anyway, for the momment..., we must go back in time and search the roots of the market.
The history of Stock Exchanges dates back over some 749 years to 1262 when the Government of Venice, unable to repay the temporary forced loans still outstanding, converted them into permanent National Debt in the form of bonds. These bonds could be traded in the market place.
The idea gradually spread and in 1693, William III established the English National Debt. The merchant brokers of the Royal Exchange would often act as intermediaries or agents in matching buyers and sellers of these bonds.
Some of the romance associated with the Stock Exchange originates from these times. Because of the types of companies whose shares were traded such as the East India Company, Bank of England, South Sea Company and the Africa Company there rose a strong sense of "new" adventures and romantic voyages to the newfound lands. The brokers mainly bought or sold on thier own behalf or on behalf of very wealthy people thus the fallancy was born that the stock market is only for the rich.
Its is interesting to note that even today many people look to the stock market as a place where mystery abounds and where only the wealthy can enter. This is not so. Clearly, the origin of stock broking is not found in "modern" times but first came and in shares in joint stock companies.
thanks for the info, because I did not know .. yeah I follow my blog also like to share about painting pencil
ReplyDeleteBusiness Plan Writers really agree with the facts that you have shared on this post. An interesting topic like this really enhances reader's mind to have more effective decisions over a certain issue.
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