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---- 14- PORT PERRY STAR - Tuesday, February 10, 1998 "Scugog's Community Newspaper of Choice" Investing earlier in the year will let you see more at age 65 Timing your contributions for a better end result In an ideal world, con- tributions to your Retirement Savings Plan you started earning tax- able income. And, also in this ideal world, you would would be made on a fre- always have enough quent and regular basis - money to make your con- say, every month. In this tributions. Let's just assume for a moment that you are in this ideal world - before same 1deal world, you would start making your contributions as soon as 5 YEAR: 14.7% Build Yourself A Future: Ivy Canadian Fund 3 YEAR: 1 YEAR: Ivy Canadian Fund is dedicated fo one objective: ownership in good companies for the long term. Which means the managers must be very selective. In fact, they choose to buy only a select few companies. And they're prepared to wait patiently unul they're convinced that the right companies are available at the right price. For more nformauon on a sensibly conservative strategy dedicated to building growth and preserving capital for your RSP mvestments, please call me for a free copy of our Mutual Fund Spotlight, which highhghts on our top 27 mutual funds. Call Investment Advisor Robert J. Gow, FCSI (905) 434-7156 or 1-800-267-1522 £9653 RBC DOMINION . SECURITIES Professional Wealth Management INVEST WISELY: Important information about this mutual lund © contained in the simpldied prospectus Investors should obtain 3 copy trom thew Investment Advisor and read t carefully belore investing. Returns to December 31. 1997 are historical annual compounded total returns including changes in unt value and reinvestment of all dstrbutions, and do not take nto account sales. redemption or optional charges payable by an investor which would have AAF AARFR reduced retums When purchasing mutual funds. nvestors should be aware that. « mutual lund mvestments are not Quarantead. « und values and investment returns wall fluctuate over lime. and « past performance does nol assure Simdar future returns. Mackenze has agreed 10 pay part of the cost of this advértisement Van Camp & Keller CHARTERED ACCOUNTANTS Income Tax Planning & Return Preparation Personal Tax Returns Electronically Filed Preparation of Government Returns (T4's, 15's) Financial, Estate and Retirement Planning INDIVIDUALS CORPORATIONS SMALL BUSINESS FARMS 204 Casimir Street, Port Perry Telephone (905) 985-9725 Toll Free 1-800-215-3852 considering your options if you're not. ' Starting your retire- ment planning early, sim- ply put, means that you will likely build a bigger retirement nest-egg. In earlier articles, I com- pared an RSP to a "magic box" - your money is tax- sheltered and remains tax- sheltered until you remove it from the magic box, or RSP. Well, the longer you have your money in this box, the longer it has to work its magic. That magic 1s called tax-deferred com- pounding. Similarly, if you invest in your RSP earlier in the year, instead of putting it off until the RSP contri- bution deadline is loom- ing, your money will have longer to compound. Consider this example: 35-year-old Brody makes his $5,000 RSP contribu- tion at the very end of the tax year, during the last minute panic. Brody makes his contributions every year until age 65 and gets an 8 per cent growth rate. His RSP will be worth $617,000 when he retires. Not bad for an investment of $150,000. But what if Brody stretched his RSP contri- butions out over the entire year by making monthly contributions? His RSP would be worth $640,000. And if Brody made his con- tributions at the begin- ning of each year in a lump sum, then it would be worth $666,000. All of this assumes that Brody has the $5,000 to BERKSHIRE INVESTMENT GROUP INC. R.M. (MIKE) MCLAREN AIC ADVANTAGE FUND \:e Re-opened Jan: 1, 1998 ® Limited Time Opportunity 3 YEAR 46.1" 1 YEAR 5 YEAR 35.1% 10 YEAR 21.9" 10 YEAR 26.1% N/A* RRSP'S & RRIF SPECIALIST 1-888-522-0844 985-0948 invest in his RSP every year. What if he doesn't? Well, there are alterna- tives. He can put off mak- ing all or part of his allowed RSP contribution for a given year until a future year when he does have the money. Or he could get an RSP loan. Another alternative is to move any securities he has, like stocks or bonds, into his RSP. Remember: you can contribute 18 per cent of your earned income into your RSP, up to maximum of $13,500. Courtesy of, Robert Gow, Investment Advisor Oshawa Branch of RBC Dominion Securities (905) 434-7156 John Walhout, cma Independent Financial Advisor "For all your family's savings, investment, retirement and life insurance needs" 258 Union Avenue P.O. Box 3294 Prince Albert, Ont. LIL 1C2 (905) 985-2363 Build Yourself A Future: Fidelity Canadian Growth Co. All RRSPs are created equal. While any RRSP contribution can defer tax, the similarities end there. It's what's in your RRSP that matters. If you're not sure whether your investments will help you achieve your lifestyle objectives, call EVERGREEN for a complimentary RRSP portfolio review. cal: MARILYN GOODHAND Financial Advisor 1-800-401-1759 or (905) 665-1028 I IAVENENETIN AL. 1.4 MA Aa UT A Division of TD Securities Inc. TD Securities Inc. is a subsidiary of the Toronto-Dominion Bank Member of CIPF, Trademark of the Toronto-Dominion Bank, TD Securities Inc. is a licensed user 404 Dundas Street W., Whitby The Fidelity Canadian Growth Company Fund appeals to investors looking, to participate in a fund that cmphasizes the stocks of smaller, lesser-known companies These companies are referred to as "small cap' stocks that tend to represent much younger companies, as opposed to "large cap" stocks These stocks are not "penny stocks", nor are they start-ups The fund is also 100% RSP chgible and strives to provide maximum exposure to foreign securities, cmphaazing smaller companies in the US, European and Aqan anall cap markets: The fund is suitable for long-term, growth oriented imvestors For more formation on a sensibly conservative strategy dedicated to building growth and preserving capital for your RSP imvestiments, please call me for a free copy of our Mutual Fund Spotlight, which highlights on our top 27 mutual funds Call Investment Advisor Robert J. Gow, FCSI (905) 434-7156 or 1-800-267-1522 $9673 RBC DOMINION . SECURITIES Professional Wealth Management INVEST WISELY. Important ntormaton about the mutual hind & contained in the sempided Prospectus Investors shout obtan a copy from ther Investment Advisor and read carey Detore mestng Returns 1o December 31 1997 are hestoncal anmual compounded total returns including changes in unit vase and reinvestment of AMdstriditions and do not ake nto account sales redemphon or optional charges payable by an mvestor which woul] have Pf AARP reduced returns. When purchasing mittual funds mestors should be aware hat + mutual fund ne<iments are not quanantend » unt values and investment rebum wit fuctuate over time and + past performance does not assure simdar hyture returns Fdeldy has agrend 10 pay part of the cost of this advertisement ER LE AA, oo