Show AN IDE IDEAL VL investment mr albert W atwood one ot of the best known writers on the subject of finance and investment has recently written a very important article for the saturday evening post under the title protecting the small investor in the course of that article he writes of treasury savings certificates fi using the subtitle sub title an ideal investment 0 of which he says it cannot be stated with too much emphasis that anyone who really wants a sate safe investment with a good interest return can secure the same without the slightest difficulty on december fifteenth last the wife of the president of the united states purchased from mr mellon secretary of the treasury the first treasury savings certificate sold by the united states government these are now on sale at all post offices and many banks and can be had by mail direct from the treasury department they pay 25 per cent on the money invested tor for a five year period they are guaranteed by the government to pay this figure and guaranteed against any decline in price they are beyond question the safest and surest investment available to any american citizen and it if they are not good then nothing in the world is there has been a lot of talk and cheap platitudes about the necessity and advantages of thrift and savings but a man cannot dig a garden without tools and he be cannot save without a secure place to put his money A splendid work is done by the savings banks but they do not cover the entire country by any means there are millions of people whom they do not reach lite life insurance covers an even wider field but it is only partially a savings and investment proposition the government is the one agency that can appeal to everybody and at last after much experimenting during and following this the war it has devised a permanent form of small investment which is simple convenient and which meets the needs of all except the wealthiest classes these certificates are always sold at the same price 20 80 and in five years they are pay pala oft off at 25 and 1000 respect respectively tive this is 4 A per cent interest compounded semiannually semi annually it is 25 per cent in five years there is no state or local tax on these certificates and no normal federal income tax tas any individual can buy as much as each year and the same amount is available to any member of his bis family they can be redeemed at any time before the five years are up at the full amount paid plus 3 per cent interest by sending them to the treasury department since the name of the owner is registered at washington the loss of 0 the certificate does not mean the loss of the investment there Is no risk depreciation in value or promoters or brokers brokers commission to pay there is liberal interest and an immediate cash withdrawal value |