How To Keep Your Money From Being Murdered

# How To Keep Your Money From Being Murdered

advertisoment

How to keep your money
from being
MURDERED!

by Gary Halbert

If you are lucky enough to have any money set aside for a rainy
day and you're keeping it in a savings account, you are really loosing

Your money is probably earning about 51⁄4 per cent interest. Since
inflation is averaging 8 per cent to 10 per cent a year, you are not
even breaking even. And the way thingsare going this year it can only
Do you realize that you have to spend $1.49 to buy as much steak
as you could buy for a dollar only a few months ago?
It you have any money invested in the stock market, you are really
asking for it. Eighteen
months ago Winnebago was considered
one of the safest of the blue chip stocks on the New York Stock
Exchange. A thousand dollars invested in this "safe" stock only a
year and a half ago, as of this writing, would have shrunk to $145.00.
And hundreds of stocks have done even worse.
What about U.S. Savings Bonds? As an investment they are really a
joke. Ten years ago it you had invested $1,000.00 ot your hard
earned money in series
"E" government bonds you would have by
now earned only $7.44 a year in purchasing power.
Well, how about keeping your money hidden in an old sock under
the mattress? Had you tucked away a thousand dollars in this manner in 1957, by now your purchasing power would have dropped a
full 40 per cent. Are things about to get better?

The year 1974 promises to produce the highest inflation rate in the
last 22 years. Prices, as you may have noticed, are going no where
but up. Some, like meat and gasoline are going right out of sight.
The plain fact is that your money is in more danger right now that at
Is there a way out? Is there any place at all to put your money
where it is safe? Where will it earn enough interest to keep ahead of
inflation? Where you can get at it instantly in case of an emergency?

You bet there is!
The answer is going to surprise you. The best place to keep your
money is probably the same place you are keeping it now. In your
bank in a savings account. You've got to start doing things a little
differently, however.
Here is just one of the things you can do if you know how. You
can go to your bank, take out your savings, fill out a new deposit
NEWSPAPL&ARCHIVE®