Investments

Investments left to discretion of individuals who may consult experts (including shares in oil land as inquired)

"He leaves such matters as investments, etc., to the discretion of individuals who are free to consult experts and make their own decisions, and he feels this applies also to the shares in the prospective oil land which you asked his advice about."

(On behalf of Shoghi Effendi, High Endeavours, p. 71)

Business investment of 'Abdu'l-Bahá

"His means of livelihood was his business partnership with me. That is, I provided him with a capital of three krans;[+F3 The kran was 20 sháhís, or almost 8 cents. Cf. Webster, op. cit.] with it he bought needles, and this was his stock-in-trade. The women of Nazareth gave him eggs in exchange for his needles and in this way he would obtain thirty or forty eggs a day: three needles per egg. Then he would sell the eggs and live on the proceeds. Since there was a daily caravan between Akká and Nazareth, he would refer to Áqá Ridá each day, for more needles. Glory be to God! He survived two years on that initial outlay of capital; and he returned thanks at all times."

('Abdu'l-Bahá, Memorials of the Faithful, p. 52)

To-dos for this page

• Find sources in Star of the West referring to children's Fund teaching them skills for saving and link to it here