BUSINESS LIFE.

New Zealand Herald, Volume XLV, Issue 13778, 17 June 1908, Page 9

BUSINESS LIFE.

Caution fethe father of security. The first requirement of success is patience. Most fortunes have been built upon small foundations. Comparatively few who have kept a level head have lost. Never sell stocks on account of a strike. —Addison Camrnack. Don't get demoralised. There is no animal of creation so subject to panic as man. Always keep back enough of your resources so that you may be ready for an emergency. Great profits are usually realised in unusual opportunities distant from large supplies of capital. Prices are less indicative of values in the Stock Exchange security than m any other kind of property. If you cannot investigate for yourself, get some competent and trusted friend to investigate for you. It is a mistake to lie afraid of money. Money is willing to be your friend ; is willing to work for you. If you do not save, you are a menace to society and a certain curse to yourself, for penury punishes the profligate. If market conditions are unfavourable, and prices go down, do not worry. If prices go up, do not get a big head and hold on too long. The haymaker who will dessert his newlycut, crop 'to go fishing is oh a par with the investor who gives his investment no further thought. Don't do. that. If you save money and accumulate a fund, vou are sensible. If you invest money so that it will make provision for you in the day of your weakened energy, you are a capable person. Any investor or adviser of investors who sleeps upon a bed of roses and expects reward to follow indolence is likely to be greatly mistaken; but the man who works, and works wisely, will pretty surely win.

Have you health? Have you freedom from distressing debt? Have you a desire to live and prosper? Then you are an investor. Whoever figures on the to-morrow is an-investor* . ,