28 - Wednesday, Januzry 25, 1989 — North Shore News SAFETY FIRST SAVINGS & MORTGAGE CORP. A Unique, RKSP — Eligible Investment Opportunity Suitable for Conservative Investors Safety First Savings & Mortgage Corp. invests in a diversified portfolio of mortgages, real estate, equities and cash in order to obtain a secure stream of income. This offering of common shares features: © & point SAFETY program © 12.15% DIVIDEND in start-up year ¢ 10 day cashablility (subject to certain restrictions) © No upfront or withdrawal fees © 100% distribution of earnings © Steady cash-flow from income-producing assets ° KRSP and RRIF — eligidie For information and a copy of the Preliminary Prospectus please cali 732-5626 (This qdvertiserent docs ft consiiide on offer ta sell or the nolicitotion of an offer to buy securities, A preimninory prospectus has been filed with the B.C. Securities Commission but has not yet become foal. The B.C Secures Commission has not in ony way passed upon the merits of the securities. 0 Income for your RRSP. That's what Industrial Income Fund, and Mackenzie Mortgage and Income Fund, are out to build. But there's more. Because, when they believe the timing is right, the managers at Mackenzie Financial Corporation can invest a portion of these portfolios in high quality equities’ — in an attempt to build capital gains. too. Is it. an approach that works? We're happy to let the numbers speak for themselves. But for more information on Income P/us, speak with your independent dealer or stockbroker or return the coupon below. So that you can use the Pixs 10 make more of your RRSP. Here's the proof. isa) 138 no] 2 no GREAT PACIFIC MANAGEMENT CO. LTD. Doug Gartland Jim Perkins 669-1143 299-6577 (1 ratike to make more of my RRSP. Please send me more information about Income Pus from The Industrial Group of Funds. MME Mackenzie Mortgage & lacome Fund ADLRENS POSTAL CODE, ony PRORINGE (Busunieys) GREAT PACIFIC MANAGEMENT CO. LTD. Mailto: 399 1190 Hornby St., Vancouver, BC. V6Z 2K5 ine Industrial-Group of Funds. by Mackenzie Financi ial Corporation. All feunes to December 7, 1988 are average annual compound returns based on the net income invested and Looking gx : m ‘luding reinvestinent of dividends. e 2 Past performance is not necessarily bath was 4a mdicative of fidure results. Any offers fo mete made only by frogrevtes which contains your RSI complete details of'all charges. Please For growth read it before making a purchase and aha come rehene dt for fidlure reference. HIONE (Randewy BIG-TICKET ITEMS Jevelop a strategy when purchasing new goods WHETHER IT’S a new car, custom furniture or upscale elec- tronics, more and more Canadians these days find themselves making big-ticket purchases. And because these are high-pric- ed items, they demand you exercise a careful approach — a real strat- egy for buying — when it comes time to lay down your hard-earned cash. Start by making sure that this particular big-ticket item is some- thing you really want or really need, not just some whim that’s overtaken your common sense. Then, become an educated con- sumer — find out as much as you can about the item and its benefits and drawbacks; compare prices at several locations and be on the watch for special sales that could Save you a significant amount of money. Don’t forget about the financing “PRIME RATE R.R.S.P. LOANS (FIXED OR VARIABLE RATES) .. ASK ABOUT GREEN LINE DIRECT TRADING & GREEN LINE INVESTOR SERVICES! TORONTO DOMINION the bank where people make the difference * minimum $1,000 contribution INVESTMENT CERTIFICATES Allen Clapp RFP: RETIREMENT PLANNING FIMANCIAL PLANNING RRSP’s RRIF’s AND ANNUITIES TERM DEPOSITS AND GUARANTEED INCOME TAX RETURNS for high-priced items. If you let your buying strategy slip here, you could incur high interest costs. Cash is the cheapest and most efficient way to purchase high- priced items, but a Ic of us simply don’t have all the cash some pur- chases will require. Even if that’s the case, it’s wise to save as much cash as possible to put down against the purchase price. Remember, the less you have to finance, the more you'll save in interest. Credit cards are helpful, but mere expensive than a bank loan. Better than both, especially when you need a lot of money, for ex- ample to refurnish your entire home, is a kome equity loan. Typically, these loans cffer you the best interest rates. Remember, the real cost of an item is its cost plus the cost of fi- nancing. In exercising your pur- chasing strategy, make certain that the financing doesn’t push the total cost of the item beyond its value to you. When purchasing any high-pric- ed item, pay special attention to the warranty that comes with it. Many expensive goods come with substantial warranties, but few people actually take the time to either find out what they are covered for or to take advantage of the coverage when something goes wrong. Things to watch for in war- ranties: Make sure the item is warranted to stand up to your intended use — for example, will the boat and motor you intend to buy be pow- erful enough to enable you to water ski behind it? if not, the time to find out is now, before you make the pur- chase, not after you’ve used it and broken it because you subjected it to use for which it wasn’t design- Make sure you fill out the war- ranty card and send it in. Other- wise, you won’t be covered. And ask about extended warranties for mechanical items. They’re often well worth the extra cost. And some final strategies: First, check the exchange and return terms before you buy. Second, shop around, so you'll know when you're getting a good deal and when you're being taken. And third, don’: bring your children. along — you want to be able to make an intelligent decision about an item that is going to cost you a lot of money. This article contains general fi- nancial advice by Canada’s chartered accountants. Paul Hazell CGA For individual attention and careful consideration, phone Allen Clapp or Paul Hazell. We tisten to you and set your affairs in order, to give you peace of mind as you enter this new phase of your life. You will be pleased with the special services offered. ALLEN L. CLAPP inc Suite 500-1111 West Georgia St. Vancouver, B.C. V6E 3G7 Telephone: 685-3264