‘By McLeod Young
__Welr Limited

DEPENDING ON your ob-

jectionS’ ‘and how aggressive |
you want to be, there are a

number of aréas where a

Stock Broker can be of

assistance to you.

* First decide what 3 your ab-
jectives are — since, in all
likelihood, you have more
than one. Indicate their order
of importance ‘by number
(“‘I’’ as the most important):

Long. térm growth — safe-
ty very important.

-Long term.growth — will
accept some risk to meet in-
vestMent objectives.

Speculative — desire for
short term gains — , Prepared

THE FITNESS levels of
Canadian teenagers
deteriorate dramatically as
they progress through their
high school years.

New Canada Fitness
Survey findings, announced
recently by thé Honourable
Celine Hervieux-Payette,
Minister of State, Fitness and
Amateur Sport, reveal that,
young males, in particular,
become dramatically less ac-

B.C. ski team coach,
Glenn Wurtele of Vernon,
has retired to pursue other
interests.

His replacement is Robin
Tolhurst, 29, of Rossland.
For the past five years,
Tolhurst has worked with a
ski manufacturer and has
also been a technician with
the U.S. women’s ski team.

Wurtele leaves large ski

to tolerate a relatively higher
degree of risk
income from my invest-

_ ments

Concerned about taxes —
want tax reduction deferral
andor exemption

Depending upon how you
rank ordered these objec-
tives, stock brokers can offer
you the investment vehicles
that will help you meet your
objectives.

Long Term Growth

If Safety is very important
you should consider Canada
Savings Bonds, Government
of Canada’ Bonds or Cor-
porate Bonds:

If you. are prepared to ac-
cept some risk consider
retractable. or convertible

_ preferred. stocks. This could
be followed by i inivestments in

tive between age 17 and 19.
Up to age 17, an average of
77 per cent are classified as
active outside of school and
work. By age I9, this figure
drops to only 60 per cent —
barely above the norm of 57

per cent for the whole male

population.

On the other hand, females
also show a decrease in their
activity levels during their
high school years, but they

i coach

boots to fill. In the six years
he was coach. of the B.C.
team,.he placed 18 B.C.
skiers on the national team
and had a host of skiers win
Can-Am and Pontiac Cup
titles.

Wurtele is Chairman of
this year’s Vancouver Ski
Swap and Fair and also will
continue to run his highly
successful summer ski camp.

Field hockey time

IT’S FIELD HOCKEY time
for girls on the North Shore.

The West Van girls field
hockey organization is look-
ing for girls 14-17 who are in-
terested in the fast growing
sport. -

Those interested can con-
tact Sue King at 924-7977:

Ficld Hockey for girls 13
and under started practices

MALCOLM J. SCOTT

BUSINESS &
INVESTMENT
PROPERTIES

24HA
SWITCHBOARD SEAVICE

734-0333

Friday with all practices
under head coach As Ansari
being held Friday evenings
from 6:30 to 8 p.m. at
Centennial School field
house.

Girls from North and West
Van are invited to take part.

Those interested can con-
tact coach As Ansari at
985-4435 or Sue King.

NORTH SHORE BRANCHES
1452 Lonsdale, N. Van (985-7487)
1645 Marine Dr., W. Van (922-0158)

_technologies or

at: Companies’ cotter
different degrees of. Fisk,"

‘sidered. while an oil stock” is

more: aggressive. es
Speculative |

if you ‘want short term
gains you have to be prepared:
to accept a greater degree of
tisk. Here you. might par-
ticipate in speculative stocks.
Companies in new
in: the .
business of looking for oil.
(unlike the Majors —. -stock.
price is more directly related
to oil and gas finds)- -

Income

Even here you have a
choice — because if you
receive interest from bonds
you are fully taxed while if
you earn dividends you

do. it in a gradual fashion: ‘and

aré more. active, on average,
than ‘thales by age 19. By the

end-of high school, 75 per

cent.of females: are classified
as. active, well above the 55

to the entire female
population.

“These facts indicate there
is something lacking in our
school systems,’’ says,
Madame _ Hervieux-Payette,
“Physical: activity isa: vital .
part of. a happy and. healthy.

_their~ leisure ;-time.
pet cent figure which applies —

” Fitness Canada.

* -feceive more preferential tax”

treatmeng. The result — you.
put more after tax dollars in
your pocket. ~ ;

Concerned

about Taxes

Consider a Registered

Retirement. ‘Savings Plan or,
if you.do not own a house, a
Registered Home-ownership

Savings Plan. You could also

consider’. investing so you
receive stock dividends in-
‘stead: of. cash —, the result is.
-you: only pay tax when you:

sell the -stock.—-even if it is. .

over’ a. ‘number’ of years.

“Finally: if again you want |
to be more speculative you

can invest in a Tax Shelter.
So you can see — depen-
ding on what your objectives
are a stock broker may be
able to help you.

Lifestyle,” she adds, ‘‘and it
is imperative that our young
people be motivated and en-
“couraged to adopt lifelong
habits. of physical activity in
School
teams. which cater mainly to
boys*and exclude all but a
relatively few elite athletes

are not a sound: basis for —

developing such habits.””
_These results are based on
a comprehensive survey of
22,000 Canadians 10 years of
age” and - over,

for 23 data’

' Pimited. openings. exist in mons Zee
leagues, mixed leagues, business

girls’ and ladies daytimes.

Leagues start Sept. 29th, 1983

Register. Now!

North Vancouver Recreation Centre
123 East-23rd St. NV. 988-6166

RECREATION

PEM LEP SAN CLE WEE HEP EAE DED A © CENEND Li fy

Guaranty,
Trust

TH ote subrect te tren

MEMBER CANADA DERPUSTEEENSE RANGE CORPOR VEIN

funded by

NOTICE OF
DIVIDENDS

Equity Shareholders

The Board of Directors of North Shore
Community Credit Union have declared a
dividend of Equity Shares on equivalent to

a rate of

per annum calculated on the

minimum monthly balance for the third

quarter of 1983.

Dividends will be paid as of October 1
1983 as an additional allocation of

Equity Shares.

Administrative Oftice

North Shore
Community
Credit Union

301-112 Lonsdale Ave., NV.

986-4321