north shore news

ae

stimmer or plan a trip
abroad later this year,

- you will: ‘probably buy
fo currency (and |
hope the Canadian dol-
lar. shows some

include their :

afonts

Red" avy

~ 6x :

Pine

In effect, you invest
$36,714,07 which will com-
pound at around five per cent
annually to grow to $39,500
on Feb. 2, 2000.

Strip bonds often pay a
higher rate than GICs and are
as safe as the issuer whatever
their terms; deposit insurance

~ usually covers only GICs with

@ maximum term Of five
years.

When I bought a strip
bond recenily, I was charged
a commission. I checked and

a found. the broker’s selling
“price alread: included i its

charges. A five-minute phone

eallg got the $118. 50¢ commis-
_sion reversed. :

That works out to an’
hourly tax-free “pay” rate of
$1 42 which should

encourage you to check care- .

fally all your transaction slips
monthly i investment

“statements.

= Copyright 1998 Mike

“ Grenby.

: and ind in al as, personal

KHck:, Steel Bhuc

adviser; pod answer

Pricedh Right or 14"

~-FINAL’CLEA RANCE ‘OE SUMMER WEAR

5 Infants

50- 70.0%: entire stock
war .

Mike Gieiby' ites columnist

+ BUSINESS

Language
problems

From page 18

area’s woes did not sit weil
with him.

“There are problems with
the language (in Montreal),”
said Esmacili. “I left my
country (Iran) because of
that.”

He moved first to

Toronto and later found
himself on the West Coast
where he owned a motel in
the Fraser Valley before mak-
ing the move to West
Vancouver.

“Most of my customers
are local and most of them
know the Milieu,” said
Esmaciti.

All the rest...
The other businesses on the
strect include (east to west)
Plum, Bellevue Landing,
Margareta, Valerianne,

win a Summer Festival T-Shirt. Pick up a music #“Passpo

g. Grand Prize mystery trip for two (Draw. date: September:
" Mecessary.

“Name:

nonesuch, Tkornburys,
Walker Place, Flair Framing,
Bears Toy Store, LJ Salon,
Axxeezzoric, Angels. on
Believue — and Carlson
Wagonlit Travei.

— If you have a business’
that is part of a unique or.
otherwise worthwhile block or:
know of any, share it with us.
Write to. Commercial
Avenues c/o Robert Galster
at the North Shore News,- ~
1139 Lonsdale ‘Ave. North -
Vancouver, V7M 2H4.or. e-
mail: robert@nsnews.