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THE HERALD OUTLOOK Pessimists abound on Wall Street Continued from Page each year in Florida or Arizona you will also want some holdings in US dollars A 65yearold with a substantial portfolio could invest up to 20 per cent of it in preferred shares con vertible debentures and or stock mutual funds The best bets in the current environment are US or global funds Avoid funds that specialize in Japanese stocks A younger person will want a lot more of his portfolio in equities The question is will the stock market together with potential currency gains yield a better return over the next while than the per cent or so you can earn on Government of Canada treasury bills Your decision may depend on the different tax treatment of interest dividends and capital gains Capital gains and dividends fare better Americans sympathetic towards Quebec Continued from Page that was a model of fairness and balance Host Robert was born and raised m Canada and may be more sensitive than most Americanbased media people to the strong feelings the accord has aroused But you get a nagging feeling from much of the American coverage that the gist of the pro blem that Quebecs nationalist aspirations are being suppressed by three spoilsport provinces which have refused to support the Lake accord The Quebec sign law which angered is rarely mentioned None of the stories have seen has mentioned the fact that Bouchard resigned primarily over the Charest report which recommended that the distinct society clause in the Meech accord not supersede the Charter of Rights and that the federal govern ment should be allowed to promote and protect linguistic duality Nowhere has there been a men tion the American that English speaking Canadians ha ve reached he conclusion ha Quebec is determined to promote its distinct society over the rights of minorities a feeling supported Quebec unwillingness lo allow the supremacy of the Charter of Rights For a press that holds individual rights in its a lapse Clean Up Vourflct PitchIn Liberals may alter leadership vote process Continued from Page smidgen of excitement It was not a great trendsetter for political junkies However neither is the current Liberal race which has been sleep walking across Canada for the last six months And furthermore it even lacks the element of fairness that goes with universal suffrage WANT HOOPLA What the parties like about delegates doing the selecting is the hoopla that builds up around the convention It provides for great television with its balloons bands and balloting And often it has been used as the kickoff for an election campaign The convention atmosphere gives a much more flattering pic ture of the party than the selection process we recently saw in On or the ones conducted by the Parti Quebecois Echoing halls and empty chairs dont give the impression of a par on the march toward victory Some Liberals who previously supported the concept of universal suffrage now talk of tightening the current process to eliminate so- called dirty tricks and other ir regularities This would permit a full scale leadership convention to be held after delegates had been selected in a fairer process One suggestion would be to eliminate the slate system under which one candidate is able to sweep an entire riding This could be replaced with a selection based on the number of votes cast for each candidate There is also talk of standardiz ing the length of time constituency voters must be party members before being permitted to take part the selection of delegates Some feel this should be up to a year Other ideas will no doubt emerge in Calgary and the universal suf frage system we recently saw in Ontario might well win over a ma jority of delegates One thing seems certain after what weve seen this time there will be changes SAT SUN JUNE 2nd 3rd 100400 pm Highway 7 West to Regional Rd 3 Trafalgar Rd Continue north through Ballmafad and follow Canada Trust signs Everyone welcome PLEASE COME For more info call Anne Farrell at 454 0446 hour pager 27A MAIN ST S Canada Trust Realtor 8779500 The Canada Trust Company I LIVE AMONG THE TREES Just outside of Georgetown close to North Halton Golf Club this huge bungalow sits- on gorgeous treed acre lot Large country kitchen full ensuife bath hardwood floors and high cathedral ceilings Take a walk through with John Hill BALLINAFAD ACRE Better than new ft home on a private treed lot Freshly decorated with mam floor family room fireplace hardwood floors main floor laundry plus all the luxury features expected in todays new homes Only See it with John NATIONAL REAL ESTATE SERVICE BRAND REALTY INC 45 N Georgetown Ontario Bus 8730300 Res 8732270 ELAINE SALES REP Toll FfM 1 SAT JUNE 2 1 pm BEAUTIFULLY LANDSCAPED Eight acre lot with lovely bedroom bungalow Separate living and dining room large family room with tone fireplace and walkout to tiered deck eat In kitchen with walkout built in oven range and dishwasher main floor laundry room 2HtMColl Elaine Kemshead Sale Rep or Toll Free 1 551 Hwy North of Acton become 2nd Erin Twp to Go Right Side SUNJUNE3lpm4pm COMMUTERS DELIGHT with car garage situated an lovely acre or in Halton Hills Living room cut stone fireplace oak plank floor and double French doors Large fee room with bar workshop and cold Call or Jack Kemshead Sale- Reps Go Go North on Line from Steele Between 15th Hills REDUCED VENDOR WANTS AN OFFER This one is deceiving 2 bedroom bungalow separate dining room possibly 3rd bedroom or family room large living room with gleaming hardwood floors and stone fireplace Recently renovated Situated quiet village minutes toG0 Call Elaine or Jack Reps or Toll Free Pager 551 7009 MtttM 3 Credit St Glen William North on Mountalnvlew from Hwy to Credit