Oakville Beaver, 15 Oct 1993, p. 18

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Meeting Challenge could see child in hall of fame (Continued from page 17) Gretzky invested time. and effort in his son’s development. You will substitute the time and effort with cash. Every month of your child’s life, you invest $1,000 per month into a mutual fund. We will assume that the fund will grow at the rate of 18% per year. When your child is 35-yearsâ€"old, they too will have $25.5-million. Yes, 18% is a super return, and yes, $1,000 per month is a significant commitment. The second example is a little more conservative. Assume that you can only The investment nest egg will be worth save $250 per month and your investment less at age 35, but if you are willing to wait return is 15%. 15 years until the age of 50 and you (Continued from page 17) He will speak on The comeback of Canadian Manufacturing and Why Canada Still has a Bright Future. Canadian Club speaker high on Canada's future The meeting will be held at the Howard Johnson Hotel and will begin with a cash bar at 6:15 pm. with dinner to follow at 7:00 pm. Cost for the meeting is $24 for members and $34 for non-members. All fees $189,500. This one could qualify for Homes gardens Magazine. Neutral decor, 3 baths. On the ravine in the tress. JOHNSTON DANIEL Limited Realtor EDNA KING* 844-6061 TREE TOPS, END UNIT include GST. Cheques should be made payable to The Canadian Club of Oakville, c/o 307 Robinson St., Box 52148, Oakville, Ont. L6] 7N5 or phone 845- 2862. Mark Kitten CARRIES LIKE RENT FOR ONLYâ€"; Audion View â€" 4â€"bedroom updated Human home harbour location, 9an celllrus, tasflc trim and period Mndmvs, full basemem Very low reserve bid. Auction date: October 24th, 3:50 pm. GARY REED‘ ADVANTAGE nus REALTY INC. 844-4444 ADVANTAGE flu FEALTY INC. Phone 844'4444 700M01ve.3.lte103,03kville,( 3-bedroom unit with new broadloom, flooring and entertainment centre, large eat-in kitchen with walk-out to grass and patio. Come see for yourselfl ' MARK KIRTON 338-6550 SATURDAY 1~3 p.m. ~ SAT.ISUN.. OCT. 16/17. 1-3 p.m. 2A5] SOVEREIGN ST. $730 $95,900 BEAUTIFULY UPGRADED OPEN HOUSE ‘1 meolComudee'sbtggestscuets isalormer NHL physrmeomnto, Deficit Vancouver who has now nndeitohebigleagJeslnREAL ESTATE. Always the seasoned ma, you‘l aways w'n wflh Knononyouhometeam. "The Oakville Pro!" #8 in CANADA (1 992) OPEN HOUSE maintain those monthly savings â€" the same $25.5-million will be achieved. In our two examples, we have rounded the numbers slightly, and we have not considered any income tax liability. But I think the numbers state the case. Financial stardom is possible with a subtle blend of good savings over a long period of time‘, plus good investment returns. No, there will not be the glory that goes with being a world-class super star, but the financial rewards are just as significant. If you can’t be rich and famous, then I guess rich will have to do. Good luck with your quest to get your youngster into the “Financial Hall of Fame”. Peter Watson. MBA. CFP, RFP is the president of Peter Watson Investments Limited â€" an Oakville firm specializing in retirement planning, RRSPs, and investment planning. He can be reached at 842-7602. (Principal, Interest, Taxes) Site 108, Odtville, 0ft:

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