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

I Choose the appropriate investment structure to reach goals Dollars & Sense Peter Watson Guest Contributor 23 | Thursday, June 13, 2013 | OAKVILLE BEAVER | www.insideHALTON.com nvesters often feel detached from their mutual fund investments because they do not see what they own within the fund. Purchasing speci c securities (stocks and bonds), however, allow investers to know the names of their investments. They can relate to Apple, Ford and Royal Bank. The investments' company names are on client statements. Monitoring the changing nature of securities is easy. Investors can also speak with their adviser about whether to hold, buy or sell a speci c security. With one simple mutual fund investment, you own a basket of different securities. A professional manager is responsible for managing the fund and making buy and sell decisions. However, mutual funds are not that transparent. Investors often do not know the speci cs of what they own. Fund companies do publish their holdings at regular intervals, but that is a backward looking snapshot. It is quite possible the fund would have some different holdings at the time of your purchase. A mutual fund might actually own Apple, Ford and Royal Bank, but investor will not see those names on their investment statements; nor will they have a say in what stocks are bought or sold or the timing of those decisions. You are effectively delegating that investment selection decision to the mutual fund manager. SUPPORT YOUR LOCAL BUSINESS The emotional connection between stocks and mutual funds is different. Owning stocks is more relatable. You can visualize or sometimes experience the product. Relationships with mutual funds are more disconnected because most of us are unaware of the ever changing basket of securities. Some prefer the hands-on experience of purchasing and following speci c stocks the way hockey fans choose their favourite team to follow. There is a competitive aspect to investing as there is in sports. Every investor has a preference regardless of the pros and cons of these two options. They ultimately choose from one of the two or a combination of both. A segregated portfolio is another investment structure option that combines an investor's direct ownership with a professionally managed portfolio. The investor owns speci c securities at the discretion of a professional manager. Once this decision is made, and having ership of securities, mutual funds or any considered the various types of stocks and other investment structure and decide how bonds, whether to hold them in Canada or to implement your investment strategy. diversify around the world, needs to be deYour personal preference on how to invest termined. will be a combination of what you need and So, repeating the above example, you may what you prefer. own Apple, Ford and Royal Bank. Those Like any other decision, you are encourSlug Information: Bad Boy stocks would haveLastman's been purchased on your aged to select the investment strategy that is Project : by June 2 Teaser AD manager based on Ad most Size : 5.145 in x 2.857 in you achieve your objecbehalf a Wk professional likely to help your investment objectives and required re- Publication tives. : Community News Client : Lastman's Bad Boy turn. They would be itemized on your in- Insertion -- Submitted by Peter Watson, MBA, CFP , File Name : BB_CommunityTeaser June 13 Date : June 13, 2012 R.F .P ., CIM, FCSI., vestment statements. This is the time to evaluate the direct ownCerti ed Financial Planner GET A FREE SAVE $ OVER BOXSPRING WITH PURCHASE FREE! QUEEN MATTRESS #82537 AM ED FO CAS EN 4 - PC PATIO SET $ 998 200 WHEN YOU BUY THIS MATTRESS! ET CK IL PO CO OL GE L FREE Boxspring & Patio set with purchase! CO See our flyer in today's paper or online at badboy.ca BB_CommunityTeaser 1 r e a K a r a s June t a 13.indd n A R u g s · M i r a g e H a r d 13-06-10 w o o 9:47 d AM Peerless Carpeting · Buyers Edge Guarantee · 200 Store Buying Power Persian NOW ON SALE WHOLESALE PRICES Large selection of trees, evergreens, topiaries and more! 5% DONATION WILL BE MADE TO SICK KIDS FOR THE MONTH OF JUNE AREA RUGS 5' x 8' starting at $ THIS WEEK'S 99 $ *Selected styles Rugs · Peerless SUPER DEAL! Carpeting WHERE THE PROFESSIONALS SHOP ENTER TO WIN 1/2 PRICE Any Carpet Style A Tricolour Beech Tree (valued at $650.00 Minimum purchase of $50 required to enter into draw) · Berber · Twist $ · Plush · Shag /sq. ft. · Textured Berber Installed with memory foam 2.99 · 1500 sq.ft. limit 200 1/2 PRICE Luxury Berber & Plush Store TRAFALGAR DUNDAS 9TH LINE BURNHAMTHORPE 403 memory foam Installed with 3.99 /sq. ft. Buying FOLLOWING LOCATIONS ONLY: Power 489 BURNHAMTHORPE ROAD EAST OAKVILLE · 905-257-1233 OPEN SUNDAYS SUPERSTORE 125 Cross Ave. TRAFALGAR VILLAGE, Oakville 905.849.4472 M i r a g e H a rd w o o d · K a r a s t a n C a r p e t i n g · 228 KING ST. E. Hamilton 905-546-1921 P e r s i a n R u g s