BUSINESS PUBLIC MORE AWARE OF MONEY MATTERS ain interest TAKE A BOW, readers! 1owas most impressed by the level of interest — and the knowl- edge — of the 700 of you who at- tended the first North Shore News Financial News Seminar, Over the past three weeks, 1 have put on seminars at a dozen wround-B.C. money shows. The experience has been repeated cach time. Whether you take in such shows or read financial advice columns like mine, you understand much more about managing your moncy than you imagine. “But,’’ you might say, “if | were doing such a good job, why would I need to go to money sem- inars and read these columns?”’ It’s just because you take more interest that you stand to collect more interest — as well as tax deductions and other financial ad- vantages. : Realtor Len Ross provides the proof, “} once read in your column about averaging,’’ he told me. “Because my income varies quite a bit from year to year, I figure out averaging could) save me some tax.” At first, said) Ross, Revenue Canada rejected his approach, “But using what Ud read in the paper, [| tied again’ he said. “This time | was successful — and saved $3,500."" Sill, almost every person [ talk to about money has a financial in- feriority compler. Common com- ments: eT feel Pm not in contrat of my dollars and sense Mike Grenby finances. | have no over-all plan.’’ © “We've been working for years and both have good incomes. But we have nothing to show for our money.”’ © “F keep feeling I'm missing out, that there's a better way to manage my finances.''- Sound like something you might say? Let me assure you. Even if you have spent every cent and have no savings, that was the “right way for you to deal with your money, at least so far. A young couple with two in- comes, no savings and an $80,000 ‘sakuetamianlemieetentantneimbantanten Jehonest, Vl" fund RRSPs hi Over the past prof very optimistic about the future. Growth Fund? 17.1% over 20 years. HOW DOES YOUR RRSP COMPARE? Over the past 20 years, have your RRSP invest- ments come close to Industrial Growth Fand’s average amu! compound return? Very few —ifiny = favestments and investinent 2 months alone after one of the worst declines in history for the stock market — Industrial Growth Fund was apa full 17". And the ional managers at Mackenzie Financial are So why settle for less than Industrial For full information, call us or return the coupon bela. INDUSTRIAL GROWTH: THE LONG AND SHORT OTE 1YR, IG. aie GYR. 20YR. 1 tease send me information‘on an Industial Growth Fund RRSP. NAMES ADDRESS erty PHONE: ~ TRU SIRES MAIL TO OR CONTACT: CRAIG FREEMAN HEATHER A. CROSTHWAITE RESITENCES PETER VAN DE VOOREN GREAT PACIFIC MANAGEMENT CO. LTD. Sulte #300 - 1190 Hornby St.. Vancouver, V6Z 2KS 669-1243 Alb fignies to December AL, 1087 are average anneal contpatatd retinas hased upon the net anonnl invested and include reiuvestuent of dividends. Rates of veturn are calenlated before deduction of RRSP administration of fulure res details ofall char i far hilave reference, The Industrial Group of Funds Looking both ways. To aanage your RRSP. Better. SS EES COEDS RTE. NR Gets SCR MoE GEE IC SE Ce j fees Ong. iat S75 pervears, Past perormaice is nel necessarily indicative Lay affer made only by prospectus which cntains complete 's, Please read tt before making your piachase and retain Porsche convertible came to for advice last summer. “We feel we should be saving and anaking investments for the future. the woman said. “We feel guilty that tlds isn't happening.” We chatted about the various investment options; bul after our review, the couple looked at each other and agreed that living for the present and enjoying life really were their highest priorities, at least for now, “There's absolutely wrong with that,”” said. “When you walk out of here, climb into your Porsche and drive off with the top down, almost everybody will look at you with envy. “Your money is providing a lifestyle for you that most others can never have. That’s a rather good return, even if it isn’t finan- ial."* When the two of them left, they were both smiling: gone was the guilt. I'd) been able to reassure them that in their case, it was all tight 10 spend and enjoy their moncy — because that is what they teally wanted to do most. Perhaps in the future, the couple will get the Porsche out of their me nothing ~ system and be prepared to do same investing. They know their choices, and will move when they are A3 - Wednesdas, Febrintry 10, 1988 - North Shore News ready. Like the couple, you have also taken an interest in vour finances and are exploring the options. You probably know far more ago about interest rates, See Explore Page 35 PROFESSIONAL FINANCIA! .OLANNING HAVE YOU A PLANNED STRATEGY FOR YOUR FINANCIAL FUTURE? Do you wont to defer more of your income tax? * Would you like to take advantage of Compound Interest? ¢ Do you want a secured, worry free retirement? * Would you like io lmprove your investrnent yield? *Do you want to be financially independent at an early age? * Would you like free advice wilh no obligation? If you answered YES to these questions — you should have pro- fessional advice om a member of the winning team. The Winning Combination—You, Me, and The Manufacturers For more information call CLIFF GARRETT Otlico 681-5411 Residence 926-4461 Ucansing os tecuued by law held by The Manutactuers Life Ine uance Company Established 1827 Vhe Merit turces Tie tnsitarne 4 eapuny Whatever your RRSP investment objectives may be, we have the Fund to meet your needs. Choose the one(s) best suited to you: Central's Canadian Growth Fund, Central's Government Bond Fund and Central's Select Fund. Make your money work smarter. Ask about Central's Mutual Fund Series for your RRSP today. Ti Youre the central figure. Central Trust today than you did five or 10 years tar, Vancouver 750 West Pender Si. 684-2581 Monday~Thursday 8:30a.m.-5.00p.m. Friday 8:30a.m.-6:00p.m,