Milford chronicle., 1963-12-20
Bubson
Discusses:
INVESTMENTS

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English, Science, Ply sic a.
Health, and Religion (or Faith),
That column should be carefully
retained for future reference,
This week, / wish to mention
ten "investments" which ayoune
couple who have finished higt
school, and perhaps college,
should acquire:
% A FAMILY. Whether OF
not you get married is none %
my business. II, however, you
are married, your first invest
ment should be a family. The
cheapest and best time to be-
gin this is when you are young.
CD YOUR HOME. At the same
time, It is important to locate
your home In the right state.
True, every one Of our fifty
states has It's advantages and
disadvantages; but 1t is most
important that a young couple
settle In a state suitable in
climate, business opportunities,
end probable growth. cannot
help individuals through CORES
pondence; but this matter should
be your main study, covering
several months, before you
definitely settle anywhere. Per-
haps the Chamber Of Commerce
where you now live will help you
with this. Personally, I like q
comparatively small city show
ing considerable growth now.
(s) LIFE INSURANCE. After
starting a family and getting To-
Gated, you should take out life
insurance. Take 1t out when you
are young, for several rea-
sons, you can get a low
premium, and you need 1t most
then. I think a twenty-yeaI
straight life policy is probably
the best for you. Premiums
would naturally be payable fol-
twenty years, but with no more
payments necessary after that
On the other hand, II you should
die soon after the policy Is taker
out, your beneficiaries would re-
ceive payment in full. Later, you
may want to change from
straight twenty-year life to ar
endowment or some other fancy
policy; but not for your first
one.
(4) FURTHER TRAINING. BY
this time, you and your wife
should have decided what you
are best fitted for whether II
is clerk, an engineer, or
salesman. Or, you may be best
fitted for agriculture. once you
have decided, get all the train
ing you can In that field.
(5) EDUCATION OF Chill
DREN. believe in savings bank
accounts; every family should
deposit at least So OF their in
come In the savings bank for the
education Of their children. II
you start when the children are
young, II Is surprising how saw
ings accounts will grow with
only a small but regular de-
posit. Once when / asked Thos.
A. Edison who was the greatest
inventor, he replied: "The man
who invented Compound Interest
was no slouch."
(6 CHURCH AFFILATION.
The young couple who Is trying
to get along without active par
ticipation in some church is
making a great mistake. ] am
not appealing for any special
denomination; but the denomina-
tion in which you we're brought
I'D probably has a church near
you. Be not content merely to at
tend It, but take an active part
in its welfare, and have your
children attend its Sund ay
School.
CO CHILD DEVELOPMENT.
Carefully watch your children
develop. Do not try to make them
follow some line that you and
your wife want them to follow.
Probably each child has In
herited some trait from some
ancestor. Although they may be
brothers, children can be en-
tirely different in the traits they
have inherited.
(s) EARLY COMPANIONS.
You can "select" your chill
dren's playmstes and friends as
they grow up. This is some
thing which is very important
and should be carefully studied
and watched.
(9) HOME INFLUENCE. In
stead Of letting your children &C
out to too many parties in other
homes, encourage them to have
parties In their own home where
you can largely determine who
should be invited. But do no
be too rigid about IL.
(10) GUIDANCE. Experience
teaches me that money spen
guiding your children will bt
well invested; but this must bs
done very carefully without try
ing to force them into an,
definite social group or any line
Of endeavor. In short, your mos
important investment will be ths
Time and Thought given to YOU
children and NOT MONEY
Your children's love or interes
or friendships cannot be bought
TULSA, Okla. (AP) NV A mar.
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