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

Procrastination can hurt investors' financial success Dollars & P Sense eople often lack the ability to make a decision and that can hurt their nancial success. Most of us are procrastinators. Even when we know what must be done, we delay doing it. Why this happens is a mystery. Or maybe, we should just admit it is human nature. Success is made up of two components: knowing what to do and then doing it. Knowing what to do is theoretical and there is no gain with theory. The reward comes from completing the task. Then, when a decision is nally made, you wonder what took so long. Rationalization would likely allow you to think you were not worse off by the delay. Be careful of rationalization because that is the brain's way of saying you are OK. Much of our cognitive natural mental process is meant to maintain the illusion that we have acted correctly. Our ego needs to think we are rational and have acted correctly, but this is just a coverup to the reality we have not acted prudently. A rst step is to be aware of our mistakes and make corrective adjustments on how we conduct our lives. To illustrate making a mistake: what is the outcome of failing to make the correct turn while driving your car to a speci c destination? You will likely still get to your destination but the cost will be time and gas. Maybe you incorrectly set your car navigation system and ended up driving several Guest Contributor 27 | Thursday, May 14, 2015 | OAKVILLE BEAVER | www.insideHALTON.com Mississauga's Favourite Italian Cuisine Now Featuring Weekly Spring Specials Check our website or call for details Peter Watson 905 822 5751 www.michaelsbackdoor.com 1715 Lakeshore Road West Peerless Carpeting · Buyers Edge Guarantee · 200 Store Buying Power hours before realizing your mistake. Most mistakes have a cost. Some are small but some are signi cant. This is true with nancial mistakes that are made as a result of procrastination. Procrastination can lead to a nancial mistake by not focusing on debt reduction or not saving suf cient funds to allow you to reach your nancial objectives. You might understand the theory that you should be proactive, but not doing what is needed to be done will cost you. Perhaps your mistake is making an investment in a Tax Free Savings Account when it would be more bene cial from an income tax perspective to make a contribution to your Registered Retirement Savings Plan. You know you should check the tax implications of the two investment options, but you don't. Perhaps your mistake is not having a current will with the correct executors for your will, or failing to have appropriate Power of Attorney for both health and nancial matsee Anticipate on p.32 CHILEAN HARVEST Enjoy a glass of wine at each meal!! YES YOU can affOrd it Make your own wine from 100% fresh chilean juice. come in we will show you how step by step. REAL JUICE REAL WINE REAL TASTE 100% SATISFACTION GUARANTEED! 447 Speers Road, Unit 7 905-339-1278 www.nationalwinecorp.com K a r a s t a n A r e a R u g s · M i r a g e H a r d w o o d Persian DIAMOND PLATINUM halton.ca 311 national karastan month As low As Rugs $ sAve on KArAsTAn Wool-Berber-Plush-Twist-Shag Get Involved, Share Your Ideas 3.99 per sq. ft. · Peerless installed with underpad Deadline Extended! Halton Region has extended the deadline for residents to apply for a citizen position on the Regional Waterfront Parks Advisory Committee. If you applied to this Committee before May 1, please contact the Office of the Regional Clerk to ensure that your application was received. Details of this opportunity and application forms are available on our website halton.ca/advisorycommittees, by e-mail to regionalclerk@halton.ca or from the Office of the Regional Clerk, Halton Region, 1151 Bronte Road, Oakville, between 8:30 a.m. and 4:30 p.m. Completed applications must be received by the Office of the Regional Clerk no later than Friday, June 5, 2015 at 4:30 p.m., and may be submitted online, by mail or by fax to 905-825-8838. Karyn Bennett Regional Clerk Please contact us as soon as possible if you have any accessibility needs at Halton Region events or meetings. 140515 luxury CArPeTs 4 Including SmartStrand Forever Clean Carpet 4 Limited Time! Sale ends June 8, 2015 Carpeting Mirage AreA rugS up to 50% Off INcLuDINg KArAStAN, SteveNS omNI DeSIgNer AND wooL rugS AND more Following locations only: soon! sAle ends Hardwood Sale · 200 100% north American Made Products Store Buying opeN SuNDAYS SuperStore Power 125 Cross Avenue, (across from Oakville Go Station) oakville 905.849.4472 228 KInG sT. e. Hamilton 905-546-1921 Like us M i r a g e H a rd w o o d · /flooringca C a r p e t i n g · P e r s i a n R u g s K a r a s t a n