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Oakville Beaver, 18 Jun 1993, p. 31

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By MARK MITCHELL Special to the Beaver Forget putting ‘a Tiger in your tank.‘ Many people are discovering how profitable it can be having a "Tiger in your investment portfolio." 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. During the last two decades, the economic growth of these N.I.C.s, or Newly Industrialized 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 TRAFALGAR OAKVILLE REALTY i EAST OAKVILLE $425,000 312 POPLAR DR. 3â€"bedroom bungalow. Ideal for renovation. Expansion or just live in as is. Quiet secluded back yard view with inground pool: Premiere showing Sat. Sun. 2 to 4 p.m. For appointâ€"ment call LARRY JANES Sales Representative 338â€"1130 AUCTION "Prior Offers Considered" Mon 12th July af 7:30 p.m. 194 Bumhamthorpe Rd. W. Oakville UNIQUE BUNGALOW WITH ENTERTAINING WING ON 3.36 ACRES inspect this Monday June 2ist 7â€"7:45 p.m. Twin drives enter through the high brick and timber. front fence, one leading to a double garage and resicence‘s main entry, the other between tennis court and side entrance to rear workshops, sheds and pond. ldeal for the hobbyist, workâ€" fromâ€"home professional or large family/2 family situation, this 4 bedroom home is enhanced by front library with separate bathrooms _(ideal nannys qrucr’rers or professionals room), step down living room with feature fireplace, billiard room, master bedroom with ensuite, large eatâ€"in kitchen, numerous hobby rooms and massive walkout basement. A Unique Opportunity To Blend City Conveniences With Quiet Country Seftfing. Associate Broker EILEEN GRAHAM Auctioneer DAVID COOK the "Japan of the 90s" in terms of its potential for growth. Mutual funds specializing in investment in the Asian marketplace have achieved impressive rates of return during the last year. In fact, several of them have exceeded 30% as an annual compound rate of return. What makes this area so attractive to many investors is the incredible potential 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. 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 world population by 2010. By 2040, they go on to sat, half of the globe‘s output will be "Made in Asia." Despite its potential for growth, investing in this area is not without some risks. A young marketplace, compared to North America, the Far East has the potential for some hiccups along the way due to, among other things political â€" 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 Chines leader 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. Investment in the Far East has great appeal to a variety of investors. Many people, concerned about the high Canadian PRICE ~ _‘Asian tigers‘ could have place in your portfol10 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 securities, and this will increase to 20% by 1994. Obviously, outside of an RRSP/RRIF, there would be no such restrictions. ‘ 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 your investment advisor. However, if you decide that mutual funds specializingâ€"in the Tiger countries offer you the potential for growth that you are seeking, invest with experienced managers, who are based in the region and have a thorough understanding of its unique qualities. Mark Mitchell is a Financial Planning Consultant with the Financial Concept Group at 4145 North Service Road, Suite 100, Burlington (416) 332â€"5988. BREAKTHROUGH BRANTHAVEN HOMES OPEN HOUSE at onâ€"site sales pavillion on Summit Ridge Rd. N_ _ M s hwe [ _ ___â€"_ Sat. June 19, 2â€"4 p.m. â€" Sun. June 20, 2â€"4 p.m. 338â€"9000 Chl’iStOphel' Inv idiata, Sales Representative Re/Max Aboutowne €661 ‘sg1 suny ‘Lepu4 YIAVIG IT171IAMYO 4HJL â€" L€ t e n on B T it e c on e n d sls n e us t Nce e esd s o on o i e c ic it es ie L Te lc ce o e t e o h B P t en

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