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Phillip B. Chute Quotes

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Famous Phillip B. Chute Quotes

“Some great investments are not bought on the open market or Big Board. They are grown economically by entrepreneurs in exceedingly small towns. An investment in the neighborhood or family is an asset to all involved.”

BusinessFamilyTaxesInvestmentEntrepreneurshipBondsStocksDow Jones
Book:Stocks, Bonds & Taxes: A Comprehensive Handbook and Investment Guide for Everybody
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“Workmen’s Compensation insurance is very complicated, expensive, and mandatory. Because it is mandatory and subject to government regulation and enforcement, it is much abused. The rates are much higher than they should be. If you have any employees (even an in-house babysitter or housekeeper makes you an employer) then you need W.C. coverage.”

BusinessEntrepreneurshipInsuranceInsurance Fraud
Book:American Independent Business
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“he Dow Jones Industrial Average is the sum of the largest 30 corporations, although they represent the bulk of the trading on that exchange. This average dominates everybody’s thinking about the market being up or down or whatever. Try to make individual stock picks and forget about the market. A good market could pull your stock up and, a bad one could pull it down, but the real investment factor is how well the company is managed and performs within the stock market.”

BusinessInvestmentStock MarketDow JonesDow Jones Industrial AverageStock Market Investing
Book:Stocks, Bonds & Taxes: A Comprehensive Handbook and Investment Guide for Everybody
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