22 THE O A K V ILLE BEAVER Friday October 1, 2000 < > 3 2000 United Way of Oakville Campaign O A K V IL L E OUR GOAL 8 4 5 -6 6 0 1 M unicipal Election 2000 ° V oter Inform ation The Town o f Oakville, Clerk's Department encourages people to exercise their right to vote in the 2000 municipal election. Local governments provide a variety o f services from land use planning and garbage collection to recreational and social programs for seniors. Learning about and participating in the municipal election process is an e x c e lle n t w ay to co n n ect w ith your local governm ent. Please take som e time to review the following information. You may also learn more about th e 2000 m unicipal election by calling the Clerk's Department, (905) 338-4174 [pre-recorded municipal election inform ation line: (9 0 5 ) 3 3 8 -4 2 0 0 )], or by visiting the municipal election portion o f the Town o f Oakville website, www.town.oakville.on.ca. Si vous avez besoin de service en Fran?ais, veuillez appler Andrew Brouwer (905) 845-6601 au poste 3093. Voter Q ualifications, Voting Day and Advanced Voting Days To qualify to vote in the 2000 municipal election, an individual should, on Voting Day (November 13, 2000) be a Canadian citizen o f 18 years o f age or older who is not legally disqualified from voting. Between September 5 ,2 0 0 0 and November 13,2000, the individual must also reside in the Town o f Oakville or be the owner or tenant o f property (or the spouse or same-sex partner o f such an individual). If you will be a qualified voter on or before Voting Day, but are not on the Voters' List, please contact the Clerk's Department, (90 5 ) 338-4174 to make a revision as soon as possible. © n Voting Day, November 13, 2000, eligible electors in the Town o f Oakville will be voting for the following offices, where applicable: · Mayor (one, at large) · Local councillors (one per ward) · Local and regional councillors (one per ward) · Regional chairman, Region o f Halton · School board trustees (English public and separate school boards; French public and separate school boards) The Voting places will be open between 10:00 a.m. and will.close at 8:00 p.m. A voter notification card will be mailed to eligible voters the week o f October 23, 2000. The card w ill instruct eligible voters where to vote on Voting Day. If you do not receive a voter notification card, but you are qualified to vote, contact the Town o f Oakville Clerk's Department, (905) 338-4174. Electors are encouraged to vote early at any one o f the advanced voting days, times and places: jSaturday, November 4, 2000 (11:00 a.m. - 6:00 p.m.) Sunday, November 5, 2000 (11:00 a.m. - 6:00 p.m.) Wednesday, November 8 ,2 0 0 0 (12:00 p.m. - 8:00 p.m.) · O akville Municipal Building (Town Hall), 1225 Trafalgar Road · Sir John Colbome Centre, 1565 Old Lakeshore Road · Glen Abbey Recreation Centre, 1415 Third Line Proxy Voting If an elector is not available to vote on Voting Day or one ol' the advanced voting days because o f absence or illness, or for some other reason, they may appoint a proxy to vote on their behalf. Proxy voting forms will only be issued between October 16, 2000 and November 13, 2000 during regular office hours, as well as between 12:00 p.m. and 5:00 p.m. at the Clerk's Department during the advanced voting days listed above. They may be mailed to applicants during the stated timeframe, but must be returned and signed in person at the Clerk's Department, Town o f Oakville Municipa Building, 1225 Trafalgar Road, Oakville. For further information, contact Andrew Brouwer at (905) 8456601, ext 3093,or e-mail, abrouwer@town.oakville.on.ca. Business * 2 . 7 m illio n Photo by Ron Kuzyk LOGISTICAL EXPANSION: One of the growing trends in handling goods is contract logistics or the distribution of goods through centralized warehousing. The concept is known as Third Party Logistics and growth has been so strong at the 40-year-old Oakville-based ASL Distribution Services, that they've moved from their Speers Road facility to a larger location at 2160 Buckingham Road. That's Cole Dolny Pres. & General Manager of ASL helping Mayor Ann Mulvale work the controls on a forklift Investment expectations should be based on reality D o you know w hat the biggest investments risk is these days? You. The cause o f the problem is expecta tions. E xpectations are im portant because they affect how you will react to normal market fluctuations. F o r exam ple, assum e that you believe the stock market is a good long term investment option but will som e tim es be unpredictable and disappoint ing in the short-term. W hen the market crashed, you would expect this type o f thing to happen periodically and will be patient and continue to hold the invest ments until the market recovers. Alternatively, if you think that the stock market can only go up and there is a decline in the value o f your portfo lio, then you might panic and sell at the m ost inappropriate time. It all boils down to expectations. A recent study done by M arketing Solutions, a Toronto-based consulting firm , uncovered serious flaw s in in v esto rs' expectations. T he results were startling. O ver h alf o f investors surveyed think they will make money in every year during the next 10 years on their stock m arket investm ents. A nother 19% think they will at least break even during that same tim e period. Only seven per cent were close to being realistic and anticipated a loss of 10% or more. These are the m ost dangerous results I have seen in an investor survey in a long time. If you are am ong those that have drifted into unrealistic perceptions o f future stock market returns then, in PETER WATSON Dollars & Sense my opinion, you have a serious prob lem. If the market behaves the w ay it has since investm ent results started to be recorded, your faulty "expectations" might cause you to sell when there is a major correction. If you do not have the ability to hold through the difficult m ar ket downturns, then you should not be invested in equities and should sell now. Women Who Excel W O M E N W HO E X C E L is holding its monthly meeting on Tues. Oct. 24th at the M andarin Restaurant at M aple Avenue and Fairview Avenue, Burlington. The topic for the evening is Business Women & Home-Based Businesses. The cost is $27 and GST ($28.90) for members and $32 and G ST ($34.25) for non-members if reserved by Fri., Nov. 19th. Tea, coffee and other beverages are extra. Reservations can be made by cheque, VISA or M ASTERCARD by calling 905-547-7135 or 1-800-3630268. For more detailed information, call our 24-hour information line 905-5215600, code 3925. The group's e-mail is women.who.excel(@hwcn.org. . . History has taught us, or should I say history should have taught us, that on average, the m arket declines in one out o f every four years. O ne year in 10, the decline is in excess o f 10%. Part o f the problem is that during the past three years, there have been plenty o f declines, but they only last for a few hours o r days or, at most, a few m onths before the m arket goes m arching on to new highs. T his is not the w ay m arket declines and recoveries usually work. If you look back on w hat has hap pened in the past, you will see that the m arket has declined m any tim es by 30% or more. T he recovery period can be one or tw o years. T here are tw o investm ent options. First, you can stay invested in growth oriented but volatile equities and look for reasonable long-term results. T his will m ean that there w ill be plenty o f tim es when even good quality investm ents will decline significantly. Just consider it the em otional cost o f investing. Alternatively, the second choice is to invest in fixed incom e options like term deposits. It is unlikely they will provide com parable longer term returns to equi ties, however, they will not have the volatility either. In summary, recognize the reality o f investing and try not to let false expec tations govern your investm ent deci sions. Peter Watson, MBA, CFP, RFP is the president of Peter Watson Investments -- an Oakville firm specializing in retirem ent planning, RRSPs, and investment plan ning. He can be reached at 842-2100. 1225 TRAFALGAR ROAD · O AKVILLE, ONTARIO · L6J 5A6