"FIAT LUX" REPLIES TO CORRESPONDENTS

NZ Truth, Issue 1227, 6 June 1929, Page 22

"FIAT LUX" REPLIES TO CORRESPONDENTS

•"A.H.": Not very keen about youi numbers 1 and 3 since the control is outside the Dominion. In the case of number one anything may happen to rendei the mine practically valueless, whilst ir the case of number three the companj has done remarkably well, but is always open to serious labor troubles. Youi number two is good, sound and safe foi anyone. • The questions of safety In an investment is. m this writer's opinion, purely a matter of comparison. What is , safe for a man with a substantial income maj prove very doubtful indeed for a man on, say, £500 a year. In this .writer's opinion, those with small means should protect themselves by investing only m highclass gilt-edged securities. Admittedly,, the returns are smaller, but their capital is never m danger and this should be the aim of all small investors —safety of capital. . . It was to this end that the Government initiated the Savings Bank Certificates linder' which a person can get approximately 5% per cent. compound interest on his savings by depositing them for a term of 5 years and the capital, ls. guaranteed by the Government. ,/'i It is an ideal form of inves.^ient,' since