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In those years, until 1913, it was not possible for the ordinary investor to find what we call short-dated stock.
Would not a short-dated security be the same as an uncertain income—a security relating to one year?
That is why the banker goes in for three months' bills and as many short-dated loans as he can get.
The serious feature is the immense floating, debt, the great quantity of short-dated securities which we have to meet.
Many large companies have raised loans—very often short-dated loans—and very few indeed have raised fresh preference capital.
And there are very good reasons why there should be a good deal of short-dated stock in the market.
The rate of interest assumed in the scheme is not comparable with the rate of interest paid in present circumstances on short-dated securities.
An upward adjustment then took place in the short-dated gilts market and the long end of the money market.
Managing Your Emotions
What makes me angry?
Mostly，l hate when someone tries to make someone else feel bad.
I have to admit that once, when l was actually called names.
l regretted doing this afterwards, but not full heartedly because l think l was provoked in that situation.
The most postive way of dealing with anger is talking about the problem.
l talk to someone who listens, or l'll write my thoughts down on paper.
Learning how to deal with anger as you're growing up is so important.
When you're younger, you might yell,or cry when you're angry, but as you get older, you're expected to handle your emotions much better.
Learning to control your emotion now will prevent you from doing something that you'll regret later on in life!
