Never Buy, Give or Lend Under Pressure
This Tip holds good in both Business and Finance. In fact, every man who has any money should make an unalterable rule never to spend, lend nor invest under pressure. There are so many rogues, relatives and beggars in the world, that a man with money must consider himself a FORT. He must not allow himself to be taken by assault. He must always be on guard. He must protect himself from the money wanters ,the parasites who live by persuading other people out of their money. ALWAYS, WHEN YOU ARE ASKED FOR MONEY, POSTPONE YOUR ANSWER UNTIL THE NEXT DAY — there is a rule that would have saved you many a loss.
There are so many persuasive people in the world, that it is hard for a man to keep what he has. The art of getting other people’s money has been developed to a very
There is no doubt that Bottomley, for instance, has taken more money from the public than any ten burglars. He floated forty-five CC companies ” in the last twentyone years. These ” companies ” had a paper capital of about $50,000,000. Most of them collapsed like balloons. They were not ” companies ” at all. They were swindles; and it is a very unpleasant fact that a man can swindle us for twenty-one years without being caught. Bottomley is now locked up, but when he entered jail, he was fully twenty-one years overdue.
There are still plenty of small Bottomleys. They are in every town. They are not in jail and not likely to be. They don’t earn money. They tranfer it. They concoct wonderful schemes. They rush about with great excitement and shout ” Wonderful scheme! Millions and millions! Who wants plenty of money? Quick! Quick! Come and get the money! ” Always this sort of thing gathers a crowd. It always will. People who are quite sensible in other matters come up and give these men their money.
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