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

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