Collectible Stocks and Bonds from North American Railroads             by Terry Cox

A guidebook and catalog of prices
(I neither buy nor sell stocks and bonds)
  The differences between stocks and bonds  

Most Americans probably have a rudimentary understanding of stock certificates. Millions of people participate in the stock market through mutual funds.

By comparison, relatively few people understand bonds. It is certainly confusing to grasp the concept that higher bond prices represent lower yields. In most basic form, the differences between stocks and bonds are simple:

  •  Stocks represent ownership of companies.
  •  Bonds represent loans made to companies.


Financial terminology is rich in jargon, so I have added a glossary of stock and bond terms. I also recommend this book, Understanding Wall Street, by Jeffrey Little and Lucien Rhodes. See your local bookstore or Amazon.com.

 

 

 

 

 

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(Last updated Jan 8, 2012)

 

 

 
Papermental logo Help support this free site! Please visit my eBay store called Papermental by Terry Cox. My inventory includes (or will include) railroad ephemera, newspapers, magazines, engravings, and all sorts of paper collectibles. The current inventory is about 1,700 items building toward an estimated 3,000.

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