Middlebury register. (Middlebury, Vt.) 1886-1937, 1904-11-18

1t from getting away. When a fellow
has saved a thousand dollars and
every nickel represents a walk home
instead of n ride on trolley and every
dollar stands for cigars lie didn't smoke
and for shows he didn't see, it natural
ly seems as If that money, when it's
invested, ought to declare dividends
every thirty days. But almost any
scheme which advertises that it will
make small investors rich quick Is
like one of these Yellowstone geysers
that spout up straight from hades
with a boom and a roar; it's bound to
return to its native birthstone sooner
or later, leaving nothing behind it but
a little smoke and a smell of burned
money-your money.
If n fellow would stop to think he
would understand that when money
comes In 80 hard it isn't reasonable to
expect that it can go out and find more
easy. But the great trouble Is that n
good many investors don't stop to
think or else let plausible strangers do
their thinking for them. That's why
most young men have tucked away
with their college diploma and the pic
ture of their first girl an impressive
deed to lot in Nowhere-on-t the Moth
ingness, or beautiful certificate of
stock in the Gushing Grille oil well
that has never gushed anything but
lies and promises.
Young men are told that the first
thousand dollars comes hard and that
after that it comes easier SO it does
just Il thousand dollars plus interest
easier. and easier through all tie in
creased efficiency that self denial and
self control have given You.
1t doesn't seem like much when you
take your savings bank book around
at the end of the year and get a little
$50 or $40 interest added or when you
cash in the coupon on the bond that
you've bought, yet your bank book
and your bond are still true to you.
But If you'd had your thousand in one
of these 80 per cent bleached blond
schemes it would have lit out long
ago with fellow whose ways We're
more coaxing, leaving you the laugh
and a mighty small lock of peroxide
gold hair.
You can't too soon make it a rule to
invest only on your own know and
never on somebody eses say so. You
may lose some profits by this policy,
but you're bound to miss a lot Of
losses. Often the best reason for keep
ing out of a thing is that everybody
else is going into it. A crowds al
ways dangerous; it first pushes prices
up beyond reason and then down be-
low common sense The time to buy
is before the crowd comes in or after
it gets out It'll always come back to
a good thing when it's been pushed
up again to the point where it's a bad
thing.
It's better to go slow and lose a good
bargain occasionally than to go fast
and never get bargain. It's all right
to take a long chance now and then
when you've got a long bank account
but it's been my experience that most
of the long chances are taken by the
fellows with short bank accounts.
You'll meet lot Of men in Chicago
who'll point out the corner Of State
and Madison and tell you that wher
they first came to the city they were
offered that lot for a hundred dollars
and that it's been the browning regret
of their lives that they didn't buy 1t
But for every genuine case of crowninl
regret because fellow didn't buy
there are a thousand because he did
Don't let 1t make you feverish the mex
time you see one Of those won't you
come in quick and get rich sudden ads
Freeze up and on to your thousand
and by and by you'll get chance t.
buy little stock in the concern fol
which you're working and which yol
!, know something about, or to take tina
thousand and one or two more like 1
and buy an interest in nice little bust
ness of the breed that you've beer
grooming and currying for some othe
fellow But if your moneys tied up II
the sudden millionaire business you'll
have to keep right on clerking.
a mans fortune should grow like |
tree-in rings around the parent trunk
! It'll be slow work at first, but ever.
ring will be a little wider and a littl
thicker than the last one, and by ant
by you'll be big enough and stronl
enough to shed a few acorns within
easy reaching distance and so start
nice little nursery Of your own iron
which you can saw wood some day
Whenever you hear of a mans jump
ing suddenly into prominence and for
tune look behind the popular eXplana
ton of n lucky chance. You'll usual
) find that these men manufactured thei
own luck right on the premises.