,

,

MIKE GRENBYS MONEY TOON

WE ALL worry, about being

_ Sent up (or under). by all of

= today’s: financial, political

“and natural. upheavals —— yet

“some ‘simple strategies can *
“help you: cope. ©.

First of all, accept the fact that
you can't do ‘anything to influence

the direction of the dollar, interest

rates, the stock: market, or where

_ the next earthquake will hit. But, .

- you can take steps to help lighten
both your personal and financial
“mood. :
- Whatever happens, it won't be
~ the’end of the world. Setting aside.,
-environmental and other global

‘concerns for the moment, we know. ;
the sun will continue to rise each

day. So take the long view.

“Of course, an individual’s quali- °

cy of life might change. That’s why
“you should review the following

" Steps for your protection ~— and

* even ‘profit. :
"CAUTION AHEAD -
“Most Canadians tend to bec cau-
iiaus and feel comforted by a sim-
ple, defensive strategy.
. Avoid or pay ‘down debt to

“-péduce the impact higher interest’ '

‘fates could have on you. Paying off

 a12% debt is the same as putting |

money into a guaranteed deposit

_ Pelding up to about 24% interest.
’ That’s a great investment at any

. time. .

Get the maximum tax break
with a maximum RRSP contribu-
tion in case the rules change. Even
borrow (unless you are awash in
red ink) as long as you will pay off

‘the debt by year-end.

Stagger the maturity dates of
your term deposits, stnpped bonds

“CORRECTION
‘NOTICE.

os, Nick’s Place’.
The Great Greek placed an
ad in the North Shore News
on Sun. Feb. Sth for 2
‘dinners for $15.95. This
offer is not» valid on
Valentine's Day. The North
:Shore. News apologizes for
‘any inconvenience this may
.have caused.

nastier SN AOE OHT

WHETHER YOU ARE
CAUTIOUS OR,
ADVENTUROUS —

ng your loa

_ Simple steps can lead you to financial success

and similar instruments. That locks
in some of today’s returns (in case
rates fall) and also allows you

~ renewals-at higher rates if they rise.

Diversify with anything from #
U.S. dollar account to mutual funds
or stocks with a “foreign flavor”

Develop a self-employed side-
Hine, probably a home-based busi-

“ness, us insurance against job loss.

BE ADVENTUROUS
Bad times can beg good limes to

“emake. money."

7 IC rising interest rates depress
"housing prices, look for underval-
ued revenue property whose rents
will cover the borrowing and main-
tenance costs, -.

_ Lower mutual fund and stock
~ prices allow you to buy quality at
bargain prices.. Invest smaller

_ amounts monthly rather than jump

sums, in case the market falls fur-

ther. |
“UM OUTTA-HERE”
~ If you have really lost faith in

poet

_ Free Initial Consultation

Douglas W. Lahay
CLARK, WILSON

BARRISTERS & SOLICITORS

f 800-885 West Georgia Street, Van.

687-5700

24 HOUR MESSAGE 643-3161

RK ICBC's policies are not law. 1 will get
B. you a fair settlement or trial award. .

1

Canada — and have found another
country which offers a better quali-
ty of fife — then consider leaving
the country.

Those distant fields might
appear greener, but before you
make the big move, try living
(rather than just vacationing) there
for a prolonged period — in bad
weather as well as good — to see if
your lifestyle really would be bet-
ter. Being ahead financially won't
profit you if you hate living in the
place or you miss friends and fami-
ly.

Canada hus its problems, but so =

does every other country in the
world.
Mike Grenby i is a North Shore:
based columnist and indepéndent
financial adviser who works with
individuals; he will answer your
questions in this columm as space ;
allows — write to him clo 2444.
Havwood Avenue, West Vancouver,
B.C. V7V IYI.

Stephen
Radcliffe

Rates Subject To Chauge Without Notice

Minimum $25,000

Federal Government-

Guaranteed 5 Year Annual Pay.

Call 981-6600

North Shore's #1 Investment Firm
Suite 250 - 15th Street, West Vancouver

RBC .

DOMINION

SECURITIES
-- Member of Kod Bank Group

by
Michael Levy
Popular Financial

Commentator

* RRSP opportunities now

* Mutual Fund chdices for your RRSP
* Low risk RRSP investments

* Canadian dollar outlook

* Interest rate forecast

SATURDAY, FEB 11TH, 10AM
HOLLYBURN COUNTRY CLUB
950 CROSS CREEK RD., W. VAN

CREEKSIDE ROOM -

Limited seating! To reserve call 661-7708, S. Cobham
. Midland Walwyn Capital Inc.

GUARD Rate Watch

... THE RETIREMENT SPECIALISTS
Monthly income on $50,000 investment

» RALF. Misimum
[yon Yr. | 10m Yr, Fund Value

“i [ova enanr fil
ete cele
(7 ia ss uo

» “Rates subject to change. without nalice ~ a
RSP /gic fates
9.00%

18MOS..,

‘For your ;

ARIF tlustration or a
copy of ...-
our Guide,
calls

925-3101 Tenn pe
=. Solguard Financial Ltd.

,401-100 Park Royal Ss. Wes! t Vancouver

Building better retirement incomes since 1974

—

, Your RSP can fund three types of retirement: Sink, Swim . «or Sail.

“The 5 Top Strategies |
For Your 1995 RRSP”

Tuesday, February 14/95
7:30 DM

West Vancouver Library
1950 Marine Drive,
‘West Vancouver

Date:

Time:
/ Investment Mace:
Advisor

KEVIN KONAR

Date: Thursday, February 16/95

Tine: 7:30 PM

Mace: North Vancouver Library
Capilano Branch (Edgemont Village),
North Vancouver

Date:
Time:

Places

Saturday, February 18/95
10:00 AM

Boardroom, RBC Dominin
Zn Floor, 250-1 5th (at Bellevue)
West Vancouver

This Seminar will be of most interest to those investors with a
ininimum of $50,000 in their current RSPs
To book your place, please cail Aida at. 981-6600 °

RBC |
DOMINION
SECURITIES.

Member of Royal Bank Group

na me ope ae es Sen op oes ee

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