One Thousand Ways to Make Money by Page Fox

CHAPTER XXXI.

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.