Russell Moldowan THE BOTTOM LINE YOU'VE PROBABLY found that as your inceme and net worth increase, your invest- ments become more complex and spread out. As you try to achieve multiple goals — like college tuition for your ‘children and reducing worry about paying hicher taxes — BUSINESS BRIEFS Compiled by Kate Zimmerman North Shore business groups and individu- als wishing to subinit items to Business Briefs can fax them to the attention of Kate Zimmerman at 985-2104, Program offered to bilingual students Individuals with a near-native fluency in English and one other language are eligible for a part- time, three-part program at Vancouver Community College in court interpreting. The program runs Sept. 20-May 16 and is held Tuesday and Thursday evenings at Langara College, 100 West 49th Ave., Vancouver. It includes three com- ponents: Professional Orientation to Interpreting Skills, Bilingual Interpretation, and Law for Court Interpreters. The cost is $975. Applicants pay a non-refundable fee of $20. Deadline for applications has been extended to Aug. 25. To receive a brochure and application, call 323-5322. West Van resident wins DVA Award West Vancouver's Phi] Boname, president of Urbanics Consultant, Ltd,, has won the 1994 Downtown Vancouver Association Achieve- ment Award. Born in Paris, Boname arrived in Vancouver in 1970 and accord- ing to the DVA has since then ' “worked tirclessly” for the advancement of Downtown. He has served as: vice-president, president, director and advisor of the DVA; co-founder, director and vice-presi- dent of the Urban Development Institute, Pacific Region; and a member of various committees, including Urbanarium, the B.C. Place Liaison Committee, the Parking Standards Committee and the Georgia Street Beautification Create your own financial team Using the skills of professionals will help you achieve your investment targets you find you need more than a one-page will. To cope with diverse financial, investment and tax matters, suc- cessful investors build a team of professionals to help them manage their money. A typical team con- sists of a lawyer, an accountant and a qualified investment adviser. While each professional has a different area of exper- tise, some financial dealings often blur the lines, For example, you'll want input from both your investment advis- er and your accountant when discussing tax planning ideas: the accountant can help you decide if you should transfer or post- pone income; your investment adviser can recommend the best investments to do it. Or, if you’re establishing a trust fund for your children, you may seek the advice of each member of your financial team. Remember that even though individuals on your team may get Commitiee. He has also been vice- chairman of the Vancouver City Planning Commission. In 1992, he was elected to a one-year term as chairman of the prestigious International Downtown Associa- tion based in Washington, D.C. Chamber gathers MPs, MULAs and mayors The North Vancouver Chamber of Commerce is calling local MPs, MLAs and mayors together to dis- cuss the results and recominenda- tions of a recent survey aimed at removing barriers to employment in communities across Canada. The survey is part of the Canadian Chamber of Commerce’s Aim for a Million project, in which the North Van Chamber participated earlier this year. “We're not asking any govern- ments — federal, provincial or municipal — to create jobs but to establish an environment that will encourage business to make deci- sions that will result in the creation of one million new jobs for Canadians,” said Sadru Mitha, pres- ident of the chamber. The meeting will be held Sept. i at the monthly luncheon meeting of to know one aspect of your finun- cial life in great depth, you are the only person who has the big pic- ture. Your team of advisers can provide you with the facts and guidance, but you must make the final decisions. How can you get the most out of your financial team? Here are a few tips: When choosing advisers, keep 66 You shouldn't rely on your invesimeni adviser for legal advice any more than you would trust your lawyer for investment advice, 39 in mind that you'll want to rely on them for many years as your finances evolve. Someon:: with knowledge and expertise to handle more complex needs as they arise like setting up trusts and planning your estate should be sought. @ Ask business associates and the board of directors at the cham- ber office. ' “We need action at the commu- nity level,” said Mitha. “By bring- ing the recommendations based on the survey results to the attention of our MPs, provincial representatives and mayors we are seeking action. We are asking them to review the Aim for a Million report and relate its recommendations to our local economic and employment condi- tions. ; “We are bringing these key players in our community together to build their support, and that of the public, for the actions that must be taken to create jobs.” BBB offers service The Better Business Bureau welcomes inquiries about compa- nies listed in its records. Before doing business, feel free to call 682-2711 for automated reports 24 hours a day, seven days a week. Business deaths District of North Vancouver: Radio Shack, Park and Tilford. West Vancouver: Bladerunner Sport Ltd., Park Royal. Ist Time Offered! . Large 1, 2 and 3 bedroom units] * * * " « * Excellent Investment opportunity Proximity to Whistler Positive cash flows Stable tenant base Professionally managed 3 year financing @ 8% Robert Kollen - 684-7117 Town Group ieealty Ltd. . friends whose judgment you respect to recommend profession- als who understand personal finan- cial matters, @ When you meet the accountant, lawyer o¢ investment adviser, explain your current and anticipat- ed needs clearly. & Make sure you feel comfortable with your chosen professionals outlook and methods. If, for exam- ple, an investment adviser specializes in aggressive invest- ments and you prefer a lower-risk approach, ask him or her to refer you to one of his or her associates. ¢ Ask questions about anything you want, including fees. Certain services, offered by lawyers and accoun- tants, may be done for a flat fee. Investment advisers are paid by commissions on your secu- rities transactions. i Keep each member of your team abreast of major changes in your situation. Only by knowing all per- tinent facts can they then advise you properly. : @ While it's a good idea to solicit suggestions on a specific situation from all your team members, remember who the expert is in a given area. You shouldn't rely on your investment adviser for legal advice any more than you would trust your lawyer for investment advice. If serious questions arise where your advisers have opposing opinions on the same subject, arrange for a conference telephone cal] or a meeting to resolve the issue. The bottom line is this: a care- fully selected and properly man- aged financial team will help you determine and achieve your finan- cial goals. As your life becomes more complex with work, family and other responsibilities, gather- ing a small group of trusted profes- sional to guide you and work together in achieving your goals can be a very rewarding move. Russell Moidowan is an invest- ment adviser in Vancouver. He advises on investment management and retirement planning. Call or write to Russell at (604) 661-7475, P.O. Box 10342, Pacific Centre, Vancouver B.C., V7¥ 1H6. - | Don’t be fooled by high bond : and mortgage yields. ; I] Protect your wealt INVEST INTERNATIONALLY “Contact Jim Perkins and JIM PERKINS VCE PRESIDENT fanaa, -. diversify your portfolio ORTUNE FYEUNANCEAL Fidelity Investmenitse 681-1300 #1750-1075 W Georgia St. fy Jump Start to an Outstanding Career in Accounting! Accounting Assistant Program Develop your knowledge and the skills required to enter the professional world of accounting. 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