Wy OF Lore One

WHATS
GOING ON:

From page 54
Info: 929-8920.

North Shore
Neighbourhood House,
225 East 2nd St., North
Vancouver, is offering free,
confidential in-home coun-
selling for seniors by trained
volunteer peers. Info: 987-
8138.

Blood Donor Clinic: 1 to
8:30 p.m., every second
Wednesday, gym, Lions
Gate Hospital Medical Day
Centre, 231 East 15th Sr.,
N.V. Everyone welcome.
Info: The Red Cross 879-
6001.

North Shore Fish and
Game Club: Meets month-
ly, F.O.E Hall, 170 West
3rd St. N.V. Info: Harold
Foster, 980-9948.

North Shore Business ard
Professional - Women’s
Club: Monthly meetings.
Info: Jean, 922-6864.

classes.
Greater

Prenatal

Information:
Vancouver Childbirth
Education Association.
Info: 985-1496, 437-9968.

Adoption Support Group:
Third Wednesday cach
monih: Discussion, sharing
of. issues and information
for all members of the adop-
tion circle. 6:45 p.m.
Seycove secondary school,
room 212, 1204 Caledonia
Dr.,’N.V. Info: Catherine,
929-6309.

Take off Pounds Sensibly:
Info: 985-5632, 985-3208.

ANAD: Free drop-in sup-
port group for individuals
struggling with disordered
eating. Second and fourth
Wed., each month, 7-8:30
p-m., "North Vancouver City

Library, 1212 W. 4th Sr.
Info: 739-2070.

Chronic Pain Support
Network: Info: Joan, 985-
8304.

Atrention-Deficit
Disorder support Group:
Meeting for parents of
attention deticit/hyperac-
tive kids. Info: 983-6719.

Kidfinders: Needs volun-
teers. Info: 251-4332.

Red Cross Creations
Group: Sew, guilt, knit and
make articles to sell at char-
ity bazaars. Volunteer basis.
Into: Delbrook Activity
Centre, 987-3819,

THURSDAY

Managing Your Hearing
Loss. 12 two-hour sessions
Tuesday mornings and
Thursday evenings.
Registration and informa-
tion: 983-3131.

Babes storytime at N.V.
City Library Tuesdays or
Thursdays at 10:30 a.m.
Drop-in for 0-24 months.

LSLAP Free _—_ Legal
Advice; North Shore
Neighbourhood House,
225 East 2nd Street. Free
legal advice for those who
cannot afford a lawyer. Info:
987-8123.

Music Therapy: Thursdays,
7:30-9:30 p.m. The Fir
Building, 119 Capilano
College.

Slow-Pitch for Seniors:
Ladies and men 55 years
and older. . Tuesdays and
Thursdays. Info; John
Bishop 926-8728, Adrian
Smith 985-6826.

North Shore Numismatic
Society: Third Thursday
each month, St. Andrews
United Church Annex,
1044 St. Georges St., N.V.
7:30 p.m. Visitors welcome.
294-2086.

Women for Sobricty: 7
p.m. North Shore Women’s
Centre, 3093
Ave., N.V. Info: 984-6009.

N. Shore Amateur Radio
Club : First and third
Thursday cach month.

Lonsdale*

Room 103, Pacific Marine
Institute, 265 West
Esplanade. 7:30 p.m. ton
hams welcome. Info: Mark
Hansen 988-9965.

IODE: Lions Gate Chapter,
new members welcome.
Info: 922-7320 or 985-
0366.

North West Chinese
School: for all ages. Learn
Cantonese or Mandarin. 4-
6 pm Sentinel School,
WW Info: A. Wong, 929-
7522, E. Lee, 922-6928.

Canadian Federation of
University Women:
Second Thursday each
month, Highlands United
Church, N.V. Speakers, net-
working, and socializing for
university-educated women.
Info: 985-4304.

Business Women’s
Community Network:
Info: 980-1278.

Parents in Crisis Society:
Free, confidential. Info:
669-1616, 1-800-665-
6880.

Therapeutic Touch: 7:30
pm. First and — third
Thursday = cach) = month.
Lions Gate Hospital, semi-
nar room A. Everyone wel-
come. Katie, 929-2930,
Lynda, 980-6604 or 984-
6053.

FRIDAY

Volunteers needed: The
North Shore Multi Cultural
Society is looking for volun-
teers to spend 3 hours a
week assisting newcomers.
Ongoing recruitment. For
further information on val-
unteering, call Golnaz
Aliyarzadeh, 988-2931.

— Compiled by Ann
Hamilton

NEWS photo Tear P Paters

One and Oniey

ARTIST Toni Onley wiil lead a Landscape Painting in
Watercolor workshop at the Silk Purse Arts Centre on
Oct. 11 and 12. An Onley exhibition goes Oct. 7-19.

Sunday, September 28, 1997 — North Shore News — 53

Getting

the best

bang for bucks

Fram page 25

style, bur it’s doubrful that the
interest rates will,

Sull, don’t overlook the
traditional deposit as part of
your investment portfolio.
Cash investments (traditional
deposits) can play an impor-
tant role in a well-diversitied
portolio. They can provide
security, flexibility, a broad
range of maturities, and that
magic word, “liquidinv” - a
safety net when other invest-
ments are unstable or when
you simply need some accessi-
ble cash.

What csgc'y is a

tional depest™? Well,
come in: *-* «= st classes:
B Cash/saviugs accounts:
Liquidity is the key, but there’s
a low interest sate. However,
your moncy is available for any
investment opportunities or
for an emergency. This is the
“slush fund” approach.
@ Fixed interest investments
or guaranteed interest invest-
ments: Net as liquid as
cash/savings accounts but
they have a better, secure
interest rate, and your princi-
pal and interest is usually guar-
anteed. Examples include
GICs, term deposits and
bonds.

The next asset level for
investing would be equities,
including stocks, sophisticated
investments, and mutual
funds. These all have the
potential for high interest rates

ut the principal and interest
rate are not guaranteed.. You
can earn a Jot more money
than the other two asset types,
but of course you can also carn
less.

As you know from the cur-
rent fanfare on investing, there
are riskier investments which
offer a higher rate of interest.
Bur if you want a safe invest-
ment with a decent rate of
interest, there are many attrac-
tive offerings out there right
now, thanks to the competitive
banking environment.

Financial institutions are
offering such things as bonus
rates on deposits and term
deposits with appealing fea-

tures.

For example, here are some
tips on what to ask for from
your financial institution term

“tradi-
these

deposits which give you a bet-
ter “bang for your buck”:

@ Traditional term deposit:
with bonus rates through
“relationship banking” (how's
that for a ‘90s term?) — in
other words, you'll get a better
rate if you do all of your bank-
ing here
@ “Hedge-your-bets” type
GIC: usually a locked in
investment with a one-time
opportunity to break it if inter-
est rates go up. You can rein-
at the new higher rate.

Escalating-type term
Meposit: the longer yotr
money is in, the better the
interest rate. For example, you
might get an interest rate of
3% in the first year, 4% in the
second year, and so on. This
type of term deposit is normal-
ly a minimum three-year term,
with some as long as 7 and 10
years.

W@ Index-linked term deposit: a
mutual fund with training
wheels. This is an opportunity
to safely play the stock market.
For example, if you walk into
your favourite neighborhood -
financial institution and’ say
“hey, I have $20,000 and I
want an index-linked term
deposit” you won’t get a quot-
ed rate ‘of interest. Instead,
you’ll be paid an interest rate
of whatever you would have .
made if your money was
invested in the-stock marker."
The guarantee is. that you
won’t lose your principle (a.
guarantee that doesn’t exist in
regular stock market invest- .-
ing). The good part is you -
could get returns like the stock
market. It’s linked to some- :
thing like the TSE 100 index,
the wp 100 big-name compa-
nies in the ‘Turenta Stock
Exchange. As goes that index,
sO goes your investment.

Interest rates may be low,
bur as we move into this fall
investment season you're in a-
good position to still find an
attractive yet guaranteed
investment vehicle for your
hard-earned dollars.

Doug Smith is Vice- .
President, Investment and .
Insurance Services, North Shore
Credit Union. For more infor-
mation on traditional deposit
investments, contact one of the
credit union's TeleConsultants
at 713-3000.

‘Hire an experienced
ICBC Claims Lawyer
JOHN NOBLE
669-9755

Free House Calis

Charlotte Diamond
& her Hug Bug Band

Sunday, Sept 28. 11:30 am & 2:00 Py

Walk with the
. North Shore
Branch
of the

Volva S70 Special Edltion

37, $80 mcg

* Excluding wee and where * Leather

B.C. SCHIZOPHRENIA applicable metallic paint, * Traction Control
Soci ETY * Automatic Transmiss‘on
wu

: * Sport AHloy Wheels
SunpDay, OcToBer 5THE | < ni 3 * Fog Lamps
Meet at John Lawson Park at 10am (foot of 17th, West Van) a8

* Spoiler (sedan only)
. ___* Leather er Steering Whee Wheel |
Walk along the seawall to Dundarave Pier and back

SPECIALTY VOLVO |
1235 Marine Drive, North Vanceuver
980-2464
www.specialty-volvo-subaru.com
* Vehicle nol exactly as shown
Bre Sutebs

Heip us beat
“Youth’s Greatest Disabler”

For info call 926-0856