Wednesday, May 3, 1989 CAROLANN STEINHOFF Investment Executive Vancouver Island Page BO Steady income, high returns yi ScotiaMcLeod +. TREASURY BILLS » BONDS. » STOCKS + GIC’S » COUPONS, etc. Guaranteed Investments are like money in the Bank, Only Better! Better because they pay higher interest — rates than most Savings accounts. Safety guaranteed through CDIC. FULL TIME/FULL SERVICE 2475A BEACON AVE. 655-1303 © maximum growth from investing !I BUS: 389-2113 (Call collect) BRISBANE, Australia — ] your signature or cheque. _ Visit competing companies — right now to find out about those travel almost halfway around the ® Do not be too ready to sign. and ask them to comment on latest budget changes from | world looking for new and more ~ First, shop around among reputa- their competitors’ products and Ouawa. Watch for this column effective ways to manage money ble financial advisers — check advice. — . for what it all means to you and -. and find Canadians are their qualifications and experi- ® Do not be greedy: Greed is a “your moncy.) already ecuing as good advice as ence; find honest individuals major danger and often clouds Today, more than ever, you anybody, Personal financial plan- Svith whom you fecl comfortable — decisions. Higher returns always have to keep up before you can ; ning is on the grow here, justas it | 7 lO get some idea of what’s = mean higher isk, so ignore get- hope to get ahead. a 7 a is in Canada. available. rich-quick schemes —- unless When you are travelling away THE BEST AVAILABLE RATES While some tax, investing, Then you can resist a sales - you can afford to lose the money from home, especially on vaca- | ; ; ; banking and insurance details pitch with its demand foraquick involved, lion, you might be tempted by the . might differ, the fundamentals of decision. For once you do sign or —— @ Be careful about taxation, idea of owning a place by the CALL mee 383-1 AQA (2, hours) gelling the most personal and pay the money, you are commit- | Consider. the tax angles, but lake or beach, in the mountains financial satisfaction from your ted. don’t be blinded by tax breaks _ OF some other appealing region, money span the 15,000 kilo- ® Make an investment plan. (see previous item on “greed”). whether in Canada or abroad. NESBITT metres between the two coun- Sct objectives: short, medium By all means calculate the tax _ Resist the temptation. First do THOMSON trics. and long term. Build in flexibil- you will save now. | the research to examine the his- Ross Greenwood, editor. of ity; some investments could tic Butalso project the total return —_ tory, present situation and future Meibourne-based Personal Inv- up your funds. on your money over the life of . prospects of the area —- the way estment Magazine, summed up ® Have everything in writing. the investment. ‘That is the key | you would if you were investing several basic. approaches. Clip That protects both you and the figure. in-property nearer to home. this column to use as a checklist... adviser from possibly costly mis- a Enlist the services of local real every time you do some financial understandings. Put your direc- ® Be careful. with computers. —_ estate professionals — other than planning, whether on your own tions and objectives on paper. . Computers can throw out all — the property’s sales agent — or with an-adviser.. Disclose all personal and — kinds of financial plans and pro- ~ including a lawyer. @ Do your. homework. financial information, including jections. But the input — what What is involved in buying Australians are also over- expected changes. Match your you provide — must be com- and selling? Are there special whelmed by all the financial objectives with the adviser’s _ plcte. ~ taxes or other costs? If you are in: | products and advisers in the | Tecommendations, noting the — The adviser must then inter- ~ another country, check for 1. market. So it’s important to lam... reasons given for those particular Pret me Sige hl ane in - restrictions on forcign owners. as much as possible through —. products and strategics. plain Engush. Figures. are fine, And who will keep you (CURRENT. RATES SUBJECT TO CHANGE. reading and: ‘aking coursts. 6 Also record *any subsequent | but how you feel is also import- informed of local developments? Three Years Four Years Five Years Always ask questions about. . Changes, whether instigated by | ant. Finally, would buying this 11. 625 11.25 11.25 - 11. 25% | anything you don’t understand. — you or. the adviser. ~ @ Review your financial plan. property fit:into your over-all The above rates may be annual or compound and. ‘The adviser should be-as ‘pre-. @ Watch out for biased advice. © regularly. Conditions change -— ~ financial plan? Will the personal. may vary on amount deposited.. “pared to. answer those questions Ask for recommendations cover-.. especially at federal budget time. ~ and financial returns warrant the | se Semi-annual, quarterly and: ‘monthly options are rake available. | and offer explanations as to get | ing a broad range of products. : ~ (We're heading back to Canada. ‘costs and risks involved? : | BRACKET SYSTEM of the Work= f horse- i, unveiled Friday: at. Duns-- ; Qo muir. Lodge, is: manufactured .In- ‘}:. Indonesia and can be used to con- :- { Will they be using your services? | The most effective way to --reach Saanich Peninsula - households is through advertising in ' Review Call 656-1151 for details. _ “Welcomed in 12,964 “Saanich Peninsula households nroreemre tose esas eater tora enstatbel oe PCA pulls tent posis; space makes offices © “more businesslike” _ Associ HONS Haba revival tent new Mathers’ classes and .home- sd Shi" a Pete an the. Corner ranyimore, " Says its S amaker training SCESTONS, a atter year, as a lt ~~ direction, (he expansion was lunded government’ Ad ‘ i eae on look Like one. through an agteeinent with School Niys executive director Barb. Store District G3, owner of the building, after sovernment,. 1} rier The dissociation has a new — do pue hte ‘A. lease payments for the Canada. has. built up a et no ial sovvite aaa est five Yours a. he Gost of ; AON the project: - ~ debt that now totals over 320 €) a ‘5 housed in-an. old house Or "Phe community sgsccitition will _ “billion dollars. So that today, en i squeezed into i too-small office now pay $4,000 per year more in a eet one third of every tax dollar is eee MS wasted just paying the interest on (:* Z _ this massive debt. Let's stop short. i i tye changing ourselves, We've gotta as - deal with the debt now, That | ‘soclal programs in the future. And that's isi in everyhady's | best inter | . bet ‘ i Ava ad tae ME STM) ’ aden oS Sea \ RCL a) t ’ iy tl Cai a | HN ; : Mea ea IN if ¥ seesennie petal ates La ane gi me DME weg . hadnt as ant aR eer ree were dtawor of i? Thecexpansion. adds PSo0. Ss Maure feet ta the 3.000 sare fool binding, Mieluded: im the proce” The Paniieuda Community fends tO project-a temporary. daide back ininge. Storiee expects the expansion, tbe olfivially opened this: Friday, will increase office. efficiency and proje Chima IMtisie esstike image. We're staning to lowk Uke oas Dy a cay office as ft can tolerate without Teasitiys ihe sll owas Way renovation “oF thi existing “other located, Storrien added, The PCA is sorting a lotery REEDE fo-cover the cost of new. 2” Marpets and window coverings. Soitie Jocal attivts hive offered: to ing room for IX renting chasses: rent but no longer has to. rent additional space for the job club, Storrier said: ‘The job club should, he in themain Iuilding where the employment services are lone pamtings dor the walls and o There will be hanelveinpoinng sine Mies, toca tes, at Ti cone wae Onn (ont entice: is just nor eo est. Bee Meee 0 ee proved © BeOS HOW! Said Stonrier, “alia ane Se gh a? sd eat, ie Phe etnlietted pie. LEHOWITIONS oon “ne Ale at edt ” TOONS. He ate it eee cael - For more information call 1- 800- 267- 6620 o1+- 800- 267- 6650 . D.D, ) Canadii | Belor. the expansion als conte “plated. COMI SCLOEs shiticd ablives, welt dl betel: ents teal ior , chy nts “The expansion provides at clays: roan and ’space lor the job etal, which had been meeting in rented unice: an and Street, rls amet ° “The poor pinks in he, hook - S heeping departiient looked-ap one aby and thar walk wax gone, hid stained the panence of salt’ © and volumeces aver. the mast iN. onths, The building was originally - -used 10 house the school district mite! jr Cie ts. Ho a