A Good Investment

Horowhenua Chronicle, 17 August 1916, Page 3

A Good Investment

'•'ACTS ABOUT THE WAR LOA.N

llie .\e« ZealaiKli Tittles says, aucnt tlie War Loan, details of which . am set out by advertisement on page 4 of to-da.v's Chronicle: — "While the large investor is offered a simple, -vellgun ran teed investment, in the shape of lii« war bonds, tlie small man is not forgotten. iJ„ has the certificate :if fiom .111 to I'll) to buy with his money. Ihe difference between the two is dour enough. The owner of tin- bond gets his I.J per cent interest regularly every hull year, at fixed dates, wliereever he likes to luivo it paid, and flee of .New Zealand income tax. The owner of bis certificate gets his interest nt'a compound rate at the "end of his term ol Jive years. According to that arrangement he pubs down sixteen shillings lor every pound he offers, gets a ii pound certificate, umd at maturity ioccivus u poiuid tor every sixteen ghiihuge ho liaa paid. He really invests sixteen shillings, iiiui the interest l.s iavc.sted for hiui at interest, so that he gets back at the end of his period ins capital and tlie interest accrued after reinvestment in the best security during every year ot this period. It is til oncouragoinent to thrift such as has never been offered by any Government ami by but a few private institutions, and on tlif! scale offered, never. and froo of all expellees ot management. The financial aspect is all that could be desired."