26 - Wednesday, February 17, 1988 - North Shore News

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17.1% over

20 y

HOW DOES YOUR RRSP COMPARE?

Be honest,

Over the past 20 years, have your RRSP invest-
ments come close to Industrial Growth Fund's
17.1% average annual compound return?

INDUSTRIAL
GROWTH
THE LOM;

AUTHOR ADVISES

Pay debts, then invest

CHUCK CHAKRAPANI says paying off personal debts is
one of the first and best investments to make. But he
doesn’t follow his own advice too closely.

“Because of my personality, if I
had to put moncy aside and wait to
pay down my mortgage until it
came up for renewal, 1 would
probably blow the moacy,”” said
Chakrapani, author and founder
of the Investors Association of
Canada

edition of his book, Best Ways to
Make Money: An_ Investment
Handbook for 1988.

He has also written Financial
Freedom on $5 a Day. Both books
are published by Self-Counsel
Press, the national publisher based
in North Vancouver; Best Ways

non-deductible debt first,’’ he said.
“But if you are like me, you might
want to get into investing at the
same time.

‘Security is most important:
you don't start taking risks with
your first few hundred dollars. So
put your moncy into a_high-
interest savings account or a
money market mutual fund with
low or no commission.”’

AND SHORT

OF IL sells - for $5.95 and Financial

Freedom for $7.95.

Chakrapani said you should
Start an investment program once
you have an extra $500.

“‘Idealiy, you should pay off ail

“I can discipline myself to in-
vest. Then | take my profits to
reduce the mortgage.°”

I spoke to Chakrapani during a
visit here from Toronto, following
the recent publication of the hares

Very few ~if any — investments and investment
fund RRSPs have.

Over the past 12 months alone — after one of the
worst declines in history for the stock market —
Industrial Growth Fund was upa full 11.7%. And the
professional managers at Mackenzie Financial are
very optimistic about the future.

So why settle for less than Industrial
Growth Fund?

For full information, call us or return the coupon below,

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send ine infomation on an Industial Gawth Fund RRSP

NAME.

dollars
and sense

Mike Grenby

f ARDRESS: _

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MAIL TO OR CONTACT:
CRAIG PAEEMAN WEATHER A. CROSTHUASTE PETER VAM be vOooREn

GREAT PACIFIC MANAGENENT CO. LID.
Suite #300 - 1190 Homby St., Vancowrer, YOX 245

669-1143

2

All figures ta iecomber 31, 1987 are average annual contpoaund retums
Ro based upon the net amount invested and include reinvestment of dividends.
8 Rates of return are calculated beforv deduction of RRSP administration
\ Sees (maximum $75 peryear). Pas! performance is not necessavily istdicatire

Then Chakrapani suggested the
“RIGs Strategy”’ he has developed .
and uses himself. ;

“R’ stands for recession, ‘}’ for.
inflation, ‘G’ for growth and ,‘s’'
for speculation,’ he said. | :

“To protect yourself, diversify.
Invest one-third of your money in
investments that do:,weil. during
each of the three major economic
conditions. we

“In a recession, bonds, cash and
cash equivalents generally do well.

AH RASPs are not created equal. Get your highest
rewirn possible with a tailor made plan from the
"Your Money Counts’ czam — investment advice
50 years in the making.

DEADLINE FEB. 29TH — CALL 669-1600
Richard Sales/Peter Robson

“Your Money Counts’

Odin Brown Lod.

1800-609 Granville

Vancouver, B.C V7Y 1A3

of future results. Any offer made only by prospectus wchich contains complete
. actails of all chanies. Please read tt before making your purchase and retain
it for future reference. 8

The industrial Group of Funds

Looking both ways. To manage your RRSP. Better.

[Lenin ay. mana your RRSP Bete,

rei eee Abst

NON
°S yt. term. Compound interes: Rites subject so vethirmaton
ae .

‘Act now! Contribution Deadline,

February 29, 1988.

ROYAL
TRUST

Meraber of Canads Deposit Insurance Corporation.

and you'll eam Bonus Interest on the full
amount of your wansfer if your new
balance exceeds $10,000. And your rate
is guaranteed when you request the
transfer.

Instant tax receipts are available. Call
Straight]ine 1-800-387-1808. In
Vancouver call 662-2222. Or visit your
nearest Royal Trust branch. .

With the Royal Trust Bonus Rate
Term Deposit/GIC you could eam an
extra 4% to 42% Bonus Interest.

You can earn ¥4% Bonus Interest on
this year’s contribution when your
total Royal Trust RRSP balance is over
$10,000, or carn 42% Bonus Interest
when your total RRSP balance is over
$25,000.

Switch your RRSP to Royal Trust

West Vancouver
1760 Marine Drive
922-3276

ARSENAL NTS PO LEE BREE PRN SCP CRETE Ae ie NIE Sg npn Bae

North Vancouver
1524 Lonsdale Ave.
$84-4466

AAAI A eet te ALES PED EATS