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CITIZEN HoME! Call the SCUGOG CITIZEN 985-NEWS FOR REAL ESTATE & CLASSIFIED ADVERTISING RATES & INFORMATION Scugog Citizen -- Tuesday, January 19, 1993-- 13 _4a very gracious - interior. PRESTIGIOUS OAK HILLS ESTATES This quietly elegant home is set amidst the picturesque hills of Oak Ridges Golf Course - yet functional - 3 fireplaces, large main floor den or office - Has everything you would expect! First time offered - $439,900 - Call for details and a prompt showing of the Dianne Hooker 985-7351, 24 Hr. Paging. AMEMBER OF THE SEARS FINANCIAL NE TWORK coLbwelLL BANKER QO ® RESIDENTIAL REAL ESTATE Vid -- F.S.P. COUNTRY LANE REALTY LTD. Hwy. 7A & High Street - Port Perry, Ont. 2985-7351 owned of Canada be NEW QUALITY BUILT HOME - 275 BIGELOW ST., PORT PERRY 3 bedroom custom built home - separate dining room - 2 baths - both upper and lower levels completely finished walkouts from each level - high efficiency gas furnace - Excellent floor plan - FIRST TIME OFFERED at $199,900. including G.S.T. Kelth Puckrin 985-7351, 24 Hr. Paging. all brick - A little RRSP simple by: Bill Bradburn Making RRSP contributions earlier in the year will do two things. First, you will avoid lineups, second you will greatly improve upon investment performance. A study of various investment techniques will show some amazing results. Depositing $2400. in February '93 to claim a rebate from last year's income tax is a typical example of how most of us handle our RRSP. Assuming a constant 7.6% investment return over 30 years of contributions this will provide a nest egg of $267,000. Not too shabby. But suppose we made the contribution earlier, and instead the deposit was made in February '92. It would have had one complete year longer to compound the interest return. At the same rate of interest that egg turns from medium to "Grade A Large". A gain of $22,000. will be realized as your RRSP matures at $289,000. Ever wondered why financial institutions prefer to collect loans on a monthly basis rather than in lump sum payments? Consider this example. A $2400. lump sum contribution at the end of each tax year will grow to $267,000. But if you had started in January making $200. monthly deposits for the same annual amount the RRSP will be worth $8000. more. A bonus Store robbed at knife-point Durham Police are looking for male suspect after the Sandford General Store was robbed at knife-point shortly before noon on Monday. Police say a man in his mid- 20's walked into the store in the small hamlet north of Uxbridge and demanded money from the clerk. He was handed a small amount of cash and was last seen driving south of the community in a light-coloured K Car. He was wearing a green coat and had a white scarf or balaclava over his face. Police said the store clerk was not harmed in the robbery. large enough to celebrate the start of your retirement with a holiday anywhere in the world. On the last example I will leave the borffig mathematics to your own imagination. Current tax law enables you to make a once in a lifetime overpayment of $8,000 in excess of your yearly limit. You won't save any taxes on this overpayment unless you hit on hard times and can't afford an RRSP contribution in some future year. If your retirement plan runs into difficulty and this overpayment looms in the past then it can be used to save tax in that year. Not only will it compound interest tax free inside your RRSP but it will also save income tax for you when money is tight. This rule allows you to make contributions several years in advance and build wealth much faster possibly providing for an earlier retirement date. These three RRSP tricks will add as much as $50,000 or arithmatic more to the value of a well planned RRSP. Your savings momentum will only take a few years to build and you can watch with great satisfaction as you retirement fund grows. Make Revenue Canada the willing partner in your retirement business. (Bill Bradburn is a resident of Scugog Township with a working background in financial affairs. His column on money matters and related issues appears on a regular basis in the Scugog Citizen) Crime Stoppers seeks help Crime Stoppers and Durham Regional Police are asking for the public's help in solving an Armed Robbery which occurred in Pickering on Friday, October 2. Just after 11 p.m. a black male entered the Beckers Milk store at 1980 Rosefield Road armed with a black handgun. The lone customer was ordered to lie on the floor after the suspect announced that it was a stick up. The suspect jumped over the counter and demanded that the clerk give him all the money and cigarettes. The robber had brought along a garbage bag and made the clerk load the loot. The victim was then told to open the cash register while the gun was held to his head. The robber then took a box of candy and left the store walking southbound on Rosefield Road. Suspect is described as male, black, 5'10", 170 lbs., medium build, wide flat nose, small goatee and mustache with a scar on right chin, box style haircut (long, flat on top) with a line design cut into right side of his head. He was wearing a dark greenish blue jacket, dark coloured jeans, running shoes and a red bandana covering part of his face. The black handgun had a square barrel and was 7" long. Suspect is believed to be right handed. If you have any information on this crime or any other serious crime, call Crime Stoppers. If your information leads to an arrest you could earn a cash reward of up to $1000. Callers are never asked to identify themselves or to testify in court. Sergeant Grant Arnold is the co-ordinator with the Durham Regional Crime Stoppers Program and writes this article to help combat crime.