The San Angelo press. (San Angelo, Tex.) 1897-1907, 1905-03-09

There are two branches In the study
of riches getting money and keeping
II from getting away. When a fellow
has saved thousand dollars and
every nickel represents a walk home
instead of u ride on a trolley, and every
dollar stands for cigars he didn't smoke
and for shows he didn't see 1t natural.
~ seems rs IL that money, when it's
invested, ought to declare dividends
every thirty days Hut almost any
scheme which advertiscs that it will
make small investors rich quick is
like one of these Yellowstone geysers
that spout up straight from hades
with boom and roar; it's bound to
return to its native birthstone sooner
or later, leaving nothing behind it but
a little smoke and II smell of burned
money your money.
II a fellow would stop to think he
would understand that when money
comes in so hard it isn't reasonable to
expect that 1t can go out and find more
easy. But the great trouble Is that Il
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 a lot In Nowhere. on 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 1t comes easier. So II does
just thousand dollars plus interest
easier, and easier through all the In
creased efficiency that self denial and
self control have given you.
II doesn't seem like much when you
take your savings bank book around
at the end of the year and get n 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 II you'd had your thousand in one
of these 30 per cent bleached blond
schemes 1t would have lit out long
ago with n fellow whose ways were
more coaXing, leaving you the laugh
and mighty small lock of peroxide
gold hair.
You can't too soon make II n rule to
invest only on your own know and
never on somebody clses say so. You
may lose some profits by this policy,
but you're bound to miss Il lot OF
losses. Often the best reason for keep
Ing out of thing Is that everybody
else Is going into 1t. A crowds al
ways dangerous; 1t 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
1t gets ont. tn always come back to
a good thing when It's been pushed
up again to the point where it's n bad
thing.
It's better to go slow and lose good
bargain occasionally than to go fast
and never get n bargain. It's all right
to take n long chance now ana then
when you've got n 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 when
they first came to the city they were
offered that lot for II hundred dollars
and that IFS been the crOwning regret
OF their lives that they didn't buy II.
But for every genuine ease of browning
regret because fellow didn't buy
there are II thousand because lie did.
Don't let II make you fcvcrish the next
time you see one Of those won't you
come In quick and get rich sudden ads.
Freeze up ana on to your thousand,
ana hy and by yOu'll get chance TO
bny little stock in the concern for
which you're working and which you
know something about or TO take that
thousand ana one or two more like it
and buy an interest in II nice little bust.
ness OF iin breed that you've been
grooming ana Currylng for some other
fellow. But if your moneys tied mp in
the sudden millionaire business yOu'll
have to keep right on clcrking
4 mans fortune should grow like Il
tree-in rings around the parent trunk.
Itll be slow work at first, but every
ring Will be little wider and a little
thicker than the last one, and by and
by yOu'll be big enough and strong
enough to shed few acorns within
easy reaching distance and so start a
nice little nursery of your own from
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 lucky chance You'll usually
snd that these men manufactured their
own luck right on the premises.
The Underwood typewriter
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