22 - Wednesday, October 7, 1987 - North Shore News VSE INSIGH Le Vianage mortgages HOW TO make money on mortgages, lose money on the VSE, save money on theatre and spend money on mutual funds — we have it all for you today. dollars and sense by Mike Grenby MORTGAGE MADNESS. Mortgage rates are up again. So plan your payments ~- and payoffs — carefully, For example, pay off a $100,000 12-per-cent mortgage in 20 years instead of 25 — and save a whopp- ing $50,000 interest! Your monthly payment will be only $49 more. Making extra payments, either payments, will produce similarly spectacular savings, especially in the earlier years of the mortgage. That’s when most of your regular payments go to interest, and the principal drops by only. a few dollars every year. WATCH YOUR FLEECE! People often refer to the wild and woolly Vancouver Stock Exchange — which possibly prompted the ti- tle of a new book on the VSE: Fleecing the Lamb (by West Van- couver's David Cruise and Alison Griffiths; Douglas & Mcintyre; $24.95). VSE investors lose some of their money 84 per cent of the time and all of their money 40 per cent of the time, according to a 1979 study quoted in the book: “The question most often asked about the VSE is, ‘How the hell do they get away with it?’, referring to the horde of promoters, brokers and insiders who treat the VSE like an open wallet,’? collecting much of the money people put into VSE stocks. Two ‘‘hot’’ tips: (1) Buy (or borrow) the book for a most read- able insight into a colorful loca! institution and its ‘‘inhabitants.”” (2) Never gamble more than you can afford to lose when you invest in speculative VSE stocks. It can be cold without your fleece. LIGHTER LOAD? AGF Management has just added four mutual funds with no front-end loads. But you pay a diminishing See Profit lump sums or weekly/biweekly Pago 23 a alll alee ale een eael einen | “Your Money Counts ...!” A monthly commentary on economic and market conditions that is informative and educational. Write or call today for your free copy. Name Address - Postal Code Telephone’. ‘Odilum Brown Ltnited 1800 - 609 Granville Street Vancouver, B.C. V7Y 1A3 ‘Your money does matter RICK SALES ¢ DAVE JILES « PETER ROBSON 6 a.m. to 4 p.m. (604) 669-1600 Le ee eee eee a YOUR OWN EXECUTIVE OFFICE "$300 | MONTH © Furnished private office for your exclusive use. « Answering Service * Telex ° Fax. © Excellent receptionist and secretarial support, * Wordprocessing. * Idea! for legat practices, sales and manutac- * Boardroom available. tures agents, business consultants and you. © Services available without leasing office * Absolute confidentiality guaranteed. space. “* Nearby Seabus terminal for easy access to Vancouver. waterfront Place | 119-255 West {st Executive Offices & Secretarial Services ig NVancouver, BC. A DIVISION OF WESTE! ERN NOVA IMPORTERS LTO. « Price? less than the cost of one sectelary, 986-1296 & oto submitted WEST VANCOUVER authors David Cruise and Alison Griffiths expose the wild, woolly Vancouver Stock Exchange in Fleecing the Lamb. MORE CONVENIENCE HAS TAKEN OFF TO VICTORIA New Schedule now in place! DOWNTOWN VANGOUVER TO DOWNTOWN VICTO&IA. Now 24 Flights per day! (Monday - Friday) Coming Soon. Mid-October we inaugurate another route to give your schedule an added lift. Scheduled Jet Helicopter service from the VANCOUVER INTERNATIONAL AIRPORT’S NEW HELIPORT TERMINAL TO DOWNTOWN - VICTORIA. That's another 14 flights per day! (Monday - Friday) % Pre-reserved taxi or limousine “Convenient connecting flights Interline baggage. service Our Royal Service includus: Complimentary shuttle bus Cornplimentary coffee _ ss —_— SS a For Reservations call your ONLY $ | (one way) Victoria 382-6222 Downtown Victoria travel agent or Helijet Reservations H elije t : Airways HM Vancouver 2/ 3-1 41 4 Downtown Vancouver Vancouver International Airport VANCOUVER INTERNATIONAL “aaa AIRPORT pained, San | HELUET PORT OF VANCOUVER MARU, HELIPORT AIRWAYS @& HELIPORT Be LEGIS ATURE Sabre Participant