Halton Hills Newspapers

Halton Hills This Week (Georgetown, ON), 8 May 1993, p. 14

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Page 14— Halton Hills This Week, Saturday, May 8, 1993 Taking Cache «of Business BOUCHER & SONS ALUMINUM LTD. WINDOWS & DOG A Georgetown family business A familiar sight in Halton Hills, the R.A, Boucher Aluminum truck just setting out to install windows, doors and aluminum siding in a new Georgetown wn home. Pictured above is the Boucher family crew and owner Real Boucher, far right. Does your building need a face-lift? Call Real at 877-8830. COLOUR DESKTOP PUBLISHING a WITH UNLIMITED DESIGNS. GIVE YOUR WORK THAT PI TOU LAMINATION PLUS IT! 873-6349 Fax: 459-091 7] OPEN HOUSE PRIVATE SALE OF TWO FAMILY HOME. iS Sunday May 9, 2-4 p.m. 98 Barton St. Milton 871 84 Sidesplit & Attached Raised Bungalow Neutral attractive decor, wood deck, Florida room, sauna, finished basement, CV, CA, mature private gardens EXCELLENT VALUE AT $239,900 SEMINAR * GOALS ° TAXES + INFLATION + RETIREMENT SEA GIS Please call Pete Masson at 416-: PUBLIC N. North Halton Golf & Country Club, Maple & Trafalgar Rds, Georgetown 00 PEOPLE 6 or Bill Hopkins at 416-873-2381 to our seat By Paul J. Rockel What’s in store for your financial future? Wouldn’t we all love to know the answer! Your financial future Seen depends upon what you do with your earnings. If you deeds to spend them all, then it is certain that your financial future will be bleak. Government pension plans are unfunded and have never proved to be satisfactory, and they lose pur- chasing power as inflation moves along. But, what if you indeed decide to save, what does the future hold for those savings? Important question, and one we’d all like to know the answer to. One of the people that I have Templeton Group of mutual funds and of the Templeton Foundation, which awards an annual prize, greater in value than the Nobel prizes, to the person. who has done the most to achieve “Progress in Religion” Today, ‘books have been written about Sir John (who has been knighted by the Queen not for his financial achievements, but for his humanitarian work) and he is con- sidered one of the top financial managers in the world. But, it wasn’t always so. In 1960 when a U.S. Federal Reserve official explained how the international financial system worked (fixed exchange rates, based on gold, throughout the world), John Templeton stood up in the seminar and said flatly we’d be off the gold standard in 10 years, and that currencies would float within 15 years. He further forecast the U.S. dollar would weaken. Everyone thought he was crazy at ve : Amey but all his forecasts came oa 1968 when the Dow Jones Index hit 1,000, he came out and said that it would sell in the low Allstate LIFE, AUTO, HOME, RRSP DAVID R. WALSH 232A Guelph St., Suite 204 Toll Free 1-800-387-9974 i __ PRESS 600’s in the early 1970’s. Everyone laughed, but he was right. The Dow Jones average went down to 600 in 1974 and when it was still in that range in the early 80’s, John Templeton forecast that theré was a 50% chance that the Dow Jones Index would reach 3000 in tte next decade. They laughed agait But, now the market has gone up more than five times from its low, when he made his forecast 10 years ago. Will it double again (or better) to reach 6000 in the next decade? Sir John says that there is a 50% chance that it will. Many people laughed at his long range forecasts in the past, and they were wrong. I’m betting that he will be right again. All the while, over these turbu- lent times the- Templeton Growth fund has achieved a compound annual rate of return of 16.8% to March 31, 1993. That’s why my savings are in mutual funds, where I believe John Templeton will be right again and my values will more than double in the next 5 to 10 years, Will yours? Plan to attend a seminar on international investing featuring the Templeton Funds on Tuesday at the North Halton Golf Club. For details, see the ad elsewhere in this paper or contact Peter C. Masson, M.B.A., Regal Capital Planners Ltd., 10 Fagan Drive, Georgetown, Ontario. Phone 877- 7216. Paul J. Rockel is the author of “Why I Invest in Mutual Funds” and Chairman of Regal Capital Planners, a 25 year-old financial Planning company with offices to coast in Canada. CLEANING au offers a aioe Ma, AD «IN HOME UL AY ES LIVING ROOM R SOFA DINING ROOM

Powered by / Alimenté par VITA Toolkit
Privacy Policy