Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1892-01-18
INVESTING MONEY.
VALUABLE OPINIONS ON The BEsr
WAY TO INVEST 500.

VARYING idcns NJ we'll known capitnii.ta.
SAVING. Iianhs sud uoiiiius ,ul Lu,n
A.,oci,t,on. Recommended O., lie ss..
est Place. 10 Ecop money.
Hundreds of thousands OF thrifty
young men and women throughout the
Tinted States. who nre ambitious TO sr-
cure competency for their old nrr, are
at loss 20 know how TO invest their
small savings to adyantntt There j.
scarcely n successful business mHu iu
New York who does not receive Ia his
mail every morning requests lOr iuiormA-
ton as to the best way TO invest small
sums Of money
with Wow OF obtaining some opin.
ions on the subject u reporter called q
few days ago upon some ~ the most
promiurut aud success lul business mon
Of the country noted for their shruwd
investments. and asked them to give
their opinions OF tho best way 60 inyctt
500
Mr.. Henry Clows, who has carned a
reputation for bis sound judgment IN nh
aiAttcrs rotating 10 investments. siii.
"Thc best Investment tor 500 is to
place it in u good savings bank and make
Inc foundation 10 build upon by frequent
additions 70 u. When the amount ryts
largo enough tho first acquisition ol prop
erty should buy a homestead. and when
that Is accomplished II will piyo such
comfort and peace Of mind TO the owner
and his family rs TO make life worth tho
living
Whom man Is known 10 own MI,
house It gives him status IN the com.
mumty greater than anything else Il
also gives him an established credit
which. when obtained. It ludiciuusly aud
cuusoryativoly used, will make Il much
easier to acquire THIS worlds goods
Tho best citizcns are those who own
in fee their homes and their couiluts, for
It develops qualities In "A mans u1turo
that otherwise may remain dormant or
hidden like light under bughol.
Among these qualitics arc pride q
20 ition. which will keep msn respect.
able. the love of country, which will
make him u patriot, and almost moro
than anything else contribute 10 mako
hm, not only respected by his uo,ghbIr4
and friends. hut also % good and faithful
husband and loving parent
a "diLI EDGED hoNp, SAYS ph. pLrrw.
DR.. Chauncoy NJ Dcpow advised that
tho 500 should be- mndo grow 10 Sl,OOO
before being invested IN any enterprise
Put Il w the savings bank. elil the
doctor where 1t can draw compound
interest, and add 10 it as you can until
Il becomes thousand. Ihan consult
some WISE conservative nanEcf ANA IN
vest 1t IN u g.lt edged bond which can DO
registered There 70 no investment for
| SlOO except to rus II INTO savings bank
That Is absolutely safe. The chances are
that u he went 70 inquire he would meet
| speculative gentlemen VINO would land
/ ms 4lVO IN some mining or other similar
! fchomo which promised large returns,
aud that would be tho cad Of IT,
! Mt Ernsius Winnn = OF the opinion
! thht "the best way to invest SlOO Is 70
ony shaf' IN some wen managed local
unildihg ana loan association lhcSe
associations represent the aggregate saw
lngs Of Their members ana tho money Is
invested ohIy IN houses onlll uy one OF
tnoif own NUMBER. Inc investment l.
therefore very saIe one 0ecnusc men
w'il pay Tor their homes ana the interest
dno thereon sooner th9h they would pay
Tor anything else lhe money can be
withutawh' II heed 10 white 1t rests
win mo society ana II pays Us good ai
'ltuItst IA any otAyt sAie enterprise eau
ahV'u compare" "',ii 'he savings oll.N
Mylo'u' ABOUT tW'c' INC interest," WINE
'He security 10 generally Just a5 gool'
VI course an depthus upon manage
moht' oat taken Us whole Tue money
o. Poor p'op'e put mo oullulhS loan as
soelatloh' mas ueuH more honestly az
'n'n's'ered oy thopoos people ihemse'Nei
man mas oeeh any otAer financial trui
'm 'ho country IN proportion TO tA'
enormous amount invested whlch no"
reaches over oO'UVy'OOV-re"ehihs thA'
o. tho ''p't'l OF h'' 'Hc national ohh6s -
,he amount oil uelAleHt'ohs mas been M
HHiies'iial
inc Ia'e oil interest PAID mas necl
Ihrger' tue purpose accomplished nobler
nlu 'llo security Just MS saio ~ thht o'
inc average railroad oanR' mortgage OF
insurance Investment put SlVo away
every month IN ~ nnlia'hs ana loan as
hociat'oh' conscious '.'t u u mo N'fy
safest una bt investment mat ear
IL o. o. HH.a a.