WHERE TO INVEST MONEY.
What Shall I Do with My Money?--Enormous Profits in Trust
Companies--The Most Costly Bell in the World--The Bell
Telephone--Edward Bellamy’s Vision--The Best Paying Stocks--$11 per
Day in a Lodging House--How a Young Man Made $10,000--How to Start
with Nothing and Be Worth $100,000 when You are 40 Years Old.
The first question is, How to get money? The second, How to invest it?
The general distrust of money concerns is seen in the enormous deposits
in the savings banks--a disposal of savings which yields the smallest
returns--and also in the readiness, not to say rush, to take government
bonds when only three per cent. or even less is offered. We give a few
of the best paying investments, but the list is by no means exhaustive.
The first four are in a section (Brooklyn Borough) of a single city, but
there is no reason to doubt that other cities, and other sections of the
same city, can make an equally good showing. Indeed, many Western
concerns pay much higher dividends.