ita "4

Hf OSEAN 1
eA ULSD BARN EIR

contribution anywhere else untii you've

stopped by your nearest North Shore Credit Union brarich.

Together we'll discuss your retirement pian and ensure the

best return for your RRSP program.

*7 1/4% interest rate
applies to 5 year term
RRSP. Subject to
uo change. :

Wednesday, February
oNs Ne 7m

THE MOST sophisticated
tax and investment adviser
will invariably give you the
the most basic financial
planning advice: pay off
your debts.

Don’t even think of tax shelters
(other than, perhaps, a registered
tetirement savings plan). Forget
about quick killings in the stock’
market or real estate.

Just realize that paying off debt
is one of the most tax-cffective

ways to invest. And it’s certainly
the simplest and least risky . in-

To make the most of your
investments, step up to the new 5
year Escalator Guaranteed
Investment Certificate (GIC) or
Escalator Retirement Investment
Certificate (RIC), You'll receive
progressively higher guaranteed
interest rates over the term of your
investment. And for a limited time
only, you'll receive a remarkable
10% per annum for the fifth year of
your investment.*

* Rates effective February 1, 1993 and
subject to change without notice. Product offer

may be withdrawn after March 1st, 1993,
Ask for details.

All North Vancouver Branches
Fri., Feb. 26 until 8 p.m.

* Sat., Feb. 27 until 6 p.m.
Mon., March Ist until 8 p.m.

* Branches normally open on Saturday
only.

EXTENDED HOURS FOR RRSP CONTRIBUTIONS AND LOANS

24, 1993 - North Shore News - 17

Reduce all debts first —

vestment approach around.

That advice comes from a cer-
tified general accountant (CGA)
who helps. clients with their per-
sonal financial planning —. from
analyzing the most. sophisticated
tax shelters to dealing with cred-
itors. ; ;

“The concept is simple,’’ said
the CGA. ‘‘Paying off a 10%
debt is like earning 10% after tax.

- And finding: any other no-risk
way to earn a. guaranteed 10%
after tax is far from easy.”

See Reducing page 19

Escalator GICs and Escalator
RICs also give you flexibility. If
rates go higher in the future, you ’
have the option to reinvest early,
on the 3rd or 4th anniversary date,
to selected GICs or RICs. i

But if you want to step up to
10% for your RRSP now, get on
the Escalator RIC today!

West Vancouver Branches
PARK ROYAL
Fri., Feb, 26 until 7 p.m.

* Sat., Feb. 27 until 6 p.m.
Sun., Feb, 28, 12-5 p.m.
Mon., March 1st until 7 p.m.
CAULFEILD VILLAGE
Fri, Feb. 26 until 7 p.m.
Sat, Feb, 27 until 5 p.m.

AMBLESIDE —
Thurs., Feb. 25 until 7 p.m.
Fri, Feb. 26 until 7 p.m.

Bank of Montreal
We're Paying Attention