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Show Yes, You Can Invest Safely Suppose you were offered this investment opportunity: A company is formed by a number num-ber of the nation's most astute business men. It operates under stringent government r e g u lation which seek to eliminate, as far as humanly possible, the chance of failure. It has a large reserve which is maintained solely for the protection of those who invest in it. It has, as well, millions of dollars in assets, represented by government bonds and the securities securi-ties of the best, oldest and soundest sound-est industries. This company then offers shares to the public. These shares may be bought outright, or on time payments pay-ments over a period of years, in any case, the full amount the investor in-vestor has contracted for will be paid to his heirs in case of his death even though the cont-act is for thousands of dollars and he has paid in almost nothing. If in an emergency he has to raise money, he may borrow in accordance accord-ance with provisions in his contract, con-tract, at a low rate of interest, from the company. If he finds himself unable to keep up his payments, pay-ments, he may turn back his contract con-tract for cash, in many cases. You'll say this sounds like the apex of the investor's dream a beautiful impossibility. But it isn't. Precisely such contracts are sold every day and all thrifty citizens own them. They are, in short, life insurance policies. |