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Page 10 Halton Hills This Week, Wednesday, September 30, 1992 Money Matters Planning Your RRSP Portfolio It is a source of wonder how often people part with their hard earned cash for an annual RRSP contribution and have no clear idea of what type of investment they have made. If they had $5000 to invest in stereo equipment or a new computer, they would invariably have undertaken some lengthy research. Probably, they would have chatted to friends and co- workers about their choices and then made a careful analysis of what best suits their needs. Not so with their RRSP. Research still Nn response to requests from our customers, Municipal Trust (in conjunction with our underwriter Seaboard Life) is pleased to announce that we have developed an out-of-country travel health insurance package for our customers under age 71. Basic Plan $49. per year For just $49. per year, our basic plan covers you for up to 48 days on any one trip and allows you any number of trips per year. The same coverage is available for families at a cost of $98. Or choose to stay for up to 180 days For those customers under age 71 who wish to stay out-of-country beyond 48 days, various terms are offered for stays of up to 180 days. For example, individual coverage of 180 days is $649; family coverage for 180 days is $1149. For information on other terms that are available, please drop by any Municipal Trust branch. This policy as described above is subject to certain limitations and exclusions. Certificate holders must refer to their insurance certificate for complete details. Prices shown above are subject to change. >’< municipal trust 27 branches exclusively in Ontario * Over $1 billion in assets Ban confirms that every year, the vast majority of RRSP investments are made in the last week of February and it usually takes as long putting a signature on an application form. at a wicket. What, then, should you be doing about planning your RRSP investments? The first rule should be “To your own self, be true.” In other words, are you a Cautious or an aggressive or a middle-of-the-road investor? Spend some time thinking about your temperament. Do you prefer the security of a guaranteed invest- ment such as Canada Savings Bonds, Treasury Bills, term deposits and fixed rate certificates. If so, then these should form the majority of your RRSP portfolio. f you are somewhat more Outside Canada TRAVEL HEALTH INSURANCE C'mon Over. Become a customer today. To become a Municipal Trust customer and to be eligible for this special group health insurance package, all you have to do is open up a 1st Rate Investment Chequing Account or a ist Rate U.S. Dollar Account. If you are age 50 or better, ask about our 1st Rate 50 Plus Account which offers even higher interest rates. Receive up to $125 for account transfers. If you decide to transfer your entire savings and chequing account balance to a Municipal Trust 1st Rate Investment Chequing Account then you are eligible to receive a cash bonus of up to $125. Please speak to your Municipal Trust branch manager first for complete cash bonus transfer terms and conditions. Georgetown 28 Main St. S. Gary Elliott Mon - Thurs 873-4077 8:30- 5:00 riday F E Saturday 9:00 - 12:00 than that, then you could be investing in mort- gages, government bonds and preferred shares of what are — companies that are well capi- talized, have a record of making profits for their share holders and have been in business for a length of time. Commercial real estate would also be a middle of the road investment. It provides regu- lar rental income and over time appreciates in value. Admittedly, this example looks unlikely to be doing so in the near future with the reduced value of real estate globally. The Reichmann empire remains the best example of that. Finally, what does the aggres- sive investor look at. Certainly, there would be a need to invest in common shares of those “Blue Chip” corporations — shares that will rise and fall more So than those preferred shares mentioned earlier. They are really a barome- ter of supply and demand as the expression goes. Other invest- the aggressive investor are commodities such as precious metals and financial instruments such as options and futures. These are really for the knowledgeable. How can you start on restruc- turing your RRSP portfolio if you did not realize all these invest- ‘Well, you should ask around for someone who is well qualified and has a good reputation in the financial services com! af This might be an accountant, a ys planner or a representa- e from the investment industry. in my next article, I’ll look at some of the other planning tech- niques available with your RRSP portfolio. John Green is a Milton resident and an Account Executive with the Investors Group in Oakville. The opinions expressed in this column are of a personal nature d any general investment advice should not be acted upon without consultation with a quali- fied adviser. If you have any questions about this article or any other financial planning matter, you can reach John at 875-0511 or 842-4630. ment products were available? _ CORE’S WELL \ DRILLING \878-4515 ‘Well Tests Well Cleaning Halton Hills This Week 873-2254