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Page 6 — Real Estate This Week, Wednesday, March 17, 1993 4 bedroom home’ wit nee room and wood-buming st IMAC92-80 COUNTRY WITH IN-LAW POTENTIAL —$189,900 ali COMPLIMENTARY 2200 SQ. FT. HOME IN GEORGETOWN — $226,900 ieee Main floor family room with fireplace. Cae oa oes a Lopes mart with its own bathroom and air, Call Maryn Varpar"#S0206oaT4 960. atic LOOKING FOR A NEW PAD? for MAR Listing in 1993? Call me! MARVYN MORGAN” 853-20 2086 OF OR 873-4837 © OR 874-3053 Every donation helps children with Managed Money! More and more people are asking for portfolio management services. Even first time investors are elevating expectations for their hard earned investments. Veterans of investmen recognizing that the level of sophistication required to provide decent yields has increased significantly. So, what is the benefit of professional portfolio management? For growth oriented person it is total rate of return. For a person living off fixed income it is yield. For all investors preservation of capital is also maintained. If a person is only interested in the preservation of capital a portfolio of investment certificates’ will currently yield an after tax return roughly. equal to inflation. As long as more money s be invested, the portfolio will grow in real terms. 5 A person desiring growth must make a total rate of return that pays the taxes and also beats inflation so that an invested sum will 2 grow by itself in real terms with no addition of capital. For such people managed portfolios are beneficial. The returns are superior if the manager is astute. At one time management of a portfolio was for the elite with more than $100,000 available in a portfolio. A portfolio manager will recommend a portfolio mix and a review process based on client needs and characteristics. The review will be on a continuous basis and the changes in portfolio will depend on a number of factors including the point in the business cycle, proximity to retirement, value averaging, and sector performance. Reporting is done regularly and consultancy is continuous. The associated costs very from zero to three percent under of the assets management. ome planners provide services to larger accounts as a value added function. Most brokers charge for each transaction for smaller accounts and charge a flat fee for larger accounts, Managers employing mutual funds most often charge a flat fee or provide services as a value added service. Money Concepts offers tax planning as an integral -part of its financial planning services. This year we are offering income tax preparation in association with Jones, Cohen, and Chan, a division of Payette International, George Perdue is a Financial Planner, Business Consultant, and Partner in Money Concepts, Halton Hills. He can be contacted at (416) 873-1877. physical di: Mail your envelope today. Buying...? Check Out Halton Hills This Week Classifieds 873-2254 / Canada Trust Real Canada Trust Realty Inc. / Realtor Selling...? tyo a Trusted for Service + Respected for Results Ry] REALTOR® Solid Acton Bungalow Major Clean Up Ne Under Power of Sale! Brick Bungalow with Garage Very well kept 3 bedroom home, plus in-law suite, ‘on a large 60" x 100° lot (irreg. shape) offers comfortable living, priced to sell at only: $156,900.00 Call: Andy King’ at 873-1702 (res) or 454-0446 (tor, Featuring: 3 bedrooms, eat-in kitchen, Kitchen room, hardwood floors, in-ground pool in fenced back yard, and much more! if ae minutes from Georgetown or the each. iaare from Gee ae town. burning stove, extra large lot and more. Offered at $156,900.00 Call: Andy King’ at 873-1702 (res.) or 454-0446 (tor. Now Asking Only $94,500.00 in Baa Only $239,900.00 ” “all: Andy King’ at 873-1702 (re. COALS at 873-1702 (res.) Call: Andy King a 1702 (re 0446 (tor.) Me Me DM SM Call: 873-1702 oa, . or 454-0446 .. Today! not Intended to solicit homes already listed