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17 | O akville B eaver | T hursday,F ebruary 13,2020 insidehalton.com Toronto Pearson is Canada's busiest airport. We understand that our operations and the growing demand for air travel impact the communities around us. Through our Noise Management Action Plan, we are working with our partners and the community to manage noise impacts. Toronto Pearson operates around the clock, seven days a week. We know that nighttime noise can be particularly bothersome for some. Between midnight and 6:30 a.m. each night, we prioritize the use of runways to minimize the number of residents overflown. This is called our Nighttime Preferential Runway System. We have had a preferential runway system since the 1970s, but over the last five decades, the communities around the airport have grown, and the airport has too. That's why we undertook technical analysis and consultation to update the Nighttime Preferential Runway System to better reflect today's environment. We will conduct a one-year trial of the Nighttime Preferential Runway System starting February 27, 2020. TORONTO PEARSONTOTRIALUPDATED NIGHTTIME PREFERENTIAL RUNWAY SYSTEM TESTING DETAILS • DURATION: Starting February 27, 2020 and continuing for one year • TIMES: Every night, midnight - 6:30 a.m. LEARNMOREANDHAVEYOUR SAY • WEB: torontopearson.com/preferentialrunways • PHONE: Noise Management Office 416-247-7682 • EMAIL: community.engagement@gtaa.com Residential, commeRcial and industRial gaRage dooR installations & electRic opeRatoRs RepaiRs & seRvice • Custom painting • Custom door designs overhead door co. of Hamilton-Burlington™ Half price windows on doors with wood grain finish. *valid until February 28, 2020 on qualifying purchases, some restrictions apply. 5450 Harvester Road Burlington • 905.333.1772 • overhead door (Hamilton-Burlington) ltd. info@overheaddoorburlington.ca overheaddoorburlington.ca HIGH-QUALITY PRODUCTS. PROFESSIONAL INSTALLATION. pRoviding HigH-QualitY and long-lasting Residential and commeRcial dooRs in soutHeRn ontaRio It's time you change the way you invest. All you need is an open mind. Be willing to ac- cept the evidence on how to invest that has been ad- vanced by leading aca- demics over the past 70 years. Stock market prices are the best indication of a stock's true worth. Pric- es reflect all available in- formation that is inter-formation that is inter-f preted by both buyers and sellers before every transition is completed. Don't waste your time and energy trying to out- think the market by de- ciding what individual stocks to buy and sell, and when to complete the transaction. Some refer to that ap- proach as "guessing." History has shown us that guessing doesn't work. Over the last hundred years, the U.S. stock mar- ket has grown in value by about 10 per cent annual- ly. That's the good news. Now for the bad news. Unfortunately, many studies done over the past decades have shown that investors' actual re- turn performance is sig- nificantly lower. It is not uncommon for individuals investing in this market to have actu- al returns that are less than half what the mar- ket was returning. The same disappointing re- sults are true for those in- vesting in the Canadian stock market. To understand how this could happen, let's take a closer look at how markets work. As stated, the average annual return of the stock market is approxi- mately 10 per cent. That is the average return, but in most years the annual re- turn is significantly dif- ferent.ferent.f We understand stockWe understand stockW markets are volatile; it's how they operate and how they are meant to op- erate. Annual perfor- mance figures fluctuate significantly. Investing in stocks is meant to be done over the long-term. Good returns and bad returns will average out over time; think long-term. Managing your expec- tations is significantly more important than at- tempting to overmanage your portfolio. The next time the stock market de- clines in value, I have some advice. Change the way you think about investing. Do not necessarily change your investments. Peter Watson is regis- tered with Aligned Cap- ital Partners Inc. (ACPI) to provide investment advice. Investment prod- ucts are provided by AC- PI. ACPI is a member of the Investment Industry Regulatory Organization of Canada (IIROC). The opinions expressed are those of the author and not necessarily those of ACPI. Peter Watson pro- vides wealth management services through Watson Investments. OPINION THINK LONG-TERM WHEN INVESTING EDUCATING YOURSELF IS THE BEST FINANCIAL STRATEGY, WRITES PETER WATSON PETER WATSON Column VISIT INSIDEHALTON.COM TO READ CURRENT AND PAST INVESTIGATIONS