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_ Forget putting ‘a Tiger in your tank.‘ 3 M le are discovering how profâ€" G Many people are discovering how pro: Z: itable it can be having a "Tiger in your eL â€"£661 ‘1 1 aung day, June 1 Asian countries seen as investment portfolio ‘tigers‘ By MARK MITCHELL Special to the Beaver Our Advertisers Tell Us ... Beautiful Hanging Baskets $8.99â€"14.99 2070 SPEERS RD. (West of Third Line) C xt3 ; 15% OFF Shrubs .59â€".99/ Box Mon.â€"Fri. 9:30â€"5:30 Sat. 9:00â€"6:30 Sun.1:00â€"5:00 onr 77794 Call Us Today at 845â€"3824 We Get Results! BRONTE VILLAGE MALL 2441 Lakeshore Rd. W. 827â€"7675 1131 Nottinghill Gate 825â€"2835 Soft Haiser Buns Sameday Service including Saturdays Reg. $2.40/doz. 2 dozen per customer. 1 coupon per customer Oakville‘s Newest Garden Centre Oakville weke. WwB AUTO SERVICE Serving Glen Abbey, River Oaks, lrox)(wis Ridge College Park en Abbey Italian Bakery Tom Robertson, manager of Master Mechanic in Oakville Town Centre II is a firm believer in local advertising. He is a regular advertiser in the Oakville North News and receives measurable results for his business. Tom knows that readers of the North News bring their cars to Master Mechanic for professional auto service, because they clip and redeem coupons for his weekly service specials. Thank you for supporting our local advertisers. NOTTINGHILL PLACE 1131 Nottinghill Gate 825â€"2917 The "Tiger" in question would be the "Asian tigers"â€"Hong Kong, Singapore, South Korea, and Taiwan â€" and the four "miniâ€"tigers" â€" Thailand, Malaysia, Indonesia, and The Philippines. investment portfolio." % Off Dry Cleamng Excluding suedes, leathers, shirt laundry Valid with incoming orders only Expires June 26, 1993 8" Apple or Cherry Pie | | § Sm I 1 coupon per customer PILGRIM‘S WAY PLAZA 1395 Abbeywood Dr. 825â€"8326 During the last two decades, the ecoâ€" nomic growth of these newly industrialâ€" ized countries has surpassed that of both the U.S. and more recently Japan. As a result, many people are looking to this region of the world to be the "Japan of the ‘90s" in terms of its potential for growth. Mutual funds specializing in investâ€" ment in the Asian marketplace have achieved impressive rates of return durâ€" ing the last year. In fact, several of them have exceeded 30% as an annual comâ€" pound rate of return. What makes this area so attractive to many investors is the incredible potenâ€" CINGâ€"FM 108 FACE PAINTING BALLOONS REFRESIHILMENTS by CIVITAN ADMISSION: $2.50 â€" Adult $1.00 â€" Senior/Teen ART m . TBSNUETUIAAS 125 Craftspeople selling their own high quality functional pieces of craft also SPENCER SMITIHI PARK SATURDAY SUNDAY JUNE 12 13, 1993 10:30 A.M.â€"5:30 P.M. Sponsored by (shores of Lake Ontario) Fundraising Event for Children‘s Programmes 1333 Lakeshore Rd., Burlington, Ontario (416) 632â€"7796 *Must present coupon* FREE pickup delivery (no minimum) | 1395 Abbeywood Dr.(Pilgrims Way Plaza)847â€"6028 Includes: new antiâ€"freeze and complete inspection of your vehicle‘s cooling system. Hardware extra if required. 210 North Service Rd. W. Block B, Oakville Town Centre II 845â€"0178 onn COOLING SYSTEM FLUSH $3995 (1 ncludes: new anti freeze and complete inenentinn nf unur vehinle‘e mnnalindg 263 SPEERS RD. OAKVILLE : |The Post| ° tial that it offers. With an enormous domestic marketplace, inexpensive labor, and an entrepreneurial spirit that is second to none, the countries of Southeast Asia offer investors seeking growth an exciting opportunity. BETTER THAN EUROPE In a recent study of the region, Citibank predicted that "by the year 2000, the Asian market will be more economically powerful than the European Common Market". Another forecast made by the Organization for Economic _ Coâ€"operation _ and Development predicted that Asia and the Pacific will account for one third of WwB BPROFESSIONAL AUTO SERVICE with this ad Expires June 30/93 Whether investment in this area of the world is appropriate for you is very much a personal decision that should only be made after consultation with an investment advisor. However, if you decide that mutual funds specializing in the ‘Tiger‘ countries offer you the potential for growth that you are seekâ€" ing, invest with experienced managers, who are based in the region and have a thorough understanding of its unique qualities. world production by 2010. By 2040, they go on to say, half of the globe‘s outâ€" put will be "Made in Asia." HIGHER INTEREST RATES Investment in the Far East has great appeal to a variety of investors. Many people, concerned about the high Canadian deficit, and what effect it will have on our stocks and bonds, consider it to be safer to diversify part of their investments outside of Canada. Even within an RRSP/RRIF, as much as 18% of the assets can be held in foreign secuâ€" rities and this will increase to 20% by 1994. Obviously, outside of an RRSP/RRIF, there would be no such restrictions. Mark Mitchell is a Financial Planning Consultant with the Financial Concept Group at 4145 North Service Road, Suite 100, Burlington (416) 332â€"5988. Despite its potential for growth, investing in this area is not without some risks. A young marketplace â€" compared to North America â€" the Far East has the potential for some hiccups along the way due to, among other things, political instability. However, many experts agree that, in the short term, politics governs the direction a country takes. In the long term, economics governs it. With the recent comments made by Chinese leadâ€" er Deng Xiaoping that China needs 10 more Hong Kongs up and down the Chinese coast, logic would suggest that, at least in China, the scales are tipping towards capitalism versus protectionism. ua (most cars) Offer expires June 19/93 PILGRIMS __WaAY _