We’d love to give you S0% off But that would mean that our Everyday fair prices were over inflated to begin with!! Visit Suite Dreams Furniture and find the high quality, excellent Pricing and large selection you’re looking for at Honest - Down to Earth prices! New location of .Al & Shannon & ‘Suite Dreams Furniture Inc. ¢ 1989 Boundary Rd. 320-2577 The goodwill of those we serve is the foundation of our business! Plan home investin DON’T blindly throw money into housing just because a couple of surveys show it has become the current investment of choice. Hf you want to make money, you still need to make some choices of your own. Blame the stock market rollercoaster if you like: Canadians say they are returning to “home sweet home” when it comes to investing. A Gallup poli commis- sioned by Manulife Financial showed Canadians feel most confident this spring about investing in their own home — whether buying a place to live in or paying down the mortgage. That choice scored 62 points, with balanced mutu- al funds the next choice at 42 points. (The new Investment Sentiment Index reflects the percent- age saying it’s a good or very good time to invest in a particular instrument, minus the percentage saying it’s a bad or very bad time to invest.) Interestingly, a survey just done in Australia com- pared the various invest- ments over the past 20 years and found housing in Sydney came second only to industrial stocks listed on the Australian Stock FOR SALE ~ PRIME NORTH VAN | COMMERCIAL SPACE _ © 149 East ist Street Brand new strata store front location at Coronado, with street front parking. * 749 square feet at street level, ideal for professional office, service or retail user. ° Immediate occupancy. © Price: $159,900 With 25% down, you can own th just $836 per month! is space for Call Chris Barbati at 871-4252 north shore news & BUSINESS Exchange. When broken down into tisk-return categories, hous- ing showed up in the most desirable “low risk, high return” quartile compared with “high risk, high return” tor the industrials. I think it’s great when a living investment like hous- ing can also make sense financially. To maximize your chances of generating both income now and also an eventual tax-free capital gain when you sell: “Choose a place with tenant potential, whether that’s a room for a foreign student or a separate suite.” @ Focus not only on loca- tion but also on the type of housing future buyers arc likely to want. Look at the area and demographic trends. @ Choose a place with ter- ant potential, whether that’s a room for a foreign student or a separate suite. With proper tax planning, you should be able to deduct related (but other- G carefully wise non-deductible) expenses without jeopardiz- ing the future tax-free capi- tal gain. & Invest sweat equity wisely to increase the property's value. @ Develop a financial plan to provide the best mix of Paying off your mortgage, contributing to an RRSP and making non-RRSP investments. Perhaps (if you can accept the risks) invest by borrowing against some of the equity in your home. — Mike Grenty is a colum- nist and independent person- al financial adviser. He'll auswer questions in this col- umn as space allows but can- not reply personally, Contact him at P.O. Box 50029, South Slope R.PO., Burnaty, B.C. V5] 5G3; e-mail . while MLA plans to stay a From page 15 Location, Location, Location West Vancouver-Garibaldi MLA Ted Nebbeling said his constituency office has the ideal location. “It’s accessible, but at the same time it is not in a heavy pedestrian area where cvery- body with nothing to do just walks in,” - Nebbeling said. “This is the perfect place for somebody who has to talk to me, and will find me.” Nebbeling, the former mayor of Whistler, succeeded David Mitchell as the riding’s Liberal representative in Victoria in 1996. He has no plans to leave politics, or move the. constituency office, ut he hopes to be on the govern:nent side of the house after che next election. “IT told the landlord ‘leave the lease Open. As long as I’m an MLA, I will be a tenant of yours.” So he’s delighted.” . Nebbeling said he’s ton young to con- template retiring, because he loves what he does, “Other people when they get to my age like fishing and traveling, but I truly like pol- itics. The politics of the provincial level has much more contact with constituents, than in Ottawa. I feel good about doing it. I expect to be here for a while.” Extra, Extra! Read — the success stories. from all the rest. Look for it, June 13th. Pictured above left, John & Ken of John Bishop Jewellers and Jean Claude Lo-Cicero of Carmelo's, above right. ay eles me helt ey goes © Ol ey Mpg yt 8: Nem glans tgs CEL Le LETRA RE AS CRA OR RLS