Online stock trading company – This guarantee is known as recourse.
Where a dealer sells a customer a mobile home the dealer should guarantee that the investor will be paid. If the customer does not pay, the dealer must immediately pay off the entire sum due. Such a guarantee is not always possible to secure, but it is highly desirable from the point of view of further safety of the investment. Since the purpose of the book is to present ways in which an investor or saver can get a higher yield on his money than that offered by the savings bank, this yield element of investment is stressed. Paradoxically, high yield insures safety. It insures safety because it provides an excess of income against which losses can be charged.
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