Ontario Community Newspapers

Stouffville Tribune (Stouffville, ON), May 30, 1984, p. 30

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mre2 wednesday may 30 1984 future bright family trust moving toward expansion the management committee of family trust corporation are currently putting the final touches to the firms midterm business plan which will be presented at the companys forthcoming board of directors meeting on july 5 we are excited about our growth projections which involve an increase of approximately 40 per cent in our staff and a mini mum of five new branches by the end of 1985 said robert a shea senior vicepresident and general manager these projections were estab lished- at a twoday seminar held recently at niagaraonthelake attended by the companys senior management tom shea president will be re porting a 50 per cent increase in the firms mortgage portfolio which recently passed a milestone of 25 million we were very encouraged with the results of our recent sales campaign for both rrsps and gics which were well beyond our expectations said mr shea the assets of the company now exceed 30 million and at the cur rent rate should meet the firms objectives of 50 million by the 1985 year end we are expanding our trust services and plan to enter the short term money market later tom shea president of family trust this summer added mr shea the companys development arm has a busy schedule for the balance of the year which in cludes the following projects plans have been finalized for the enlargement of the markham sales office to 45 desks and con struction is scheduled to start this summer the completion of a new 45desk richmond hill branch at the cor ner of yonge st and markham rd the completion of 10000 sq ft shopping plaza in newmarket a 3000 sq ft commercial de velopment at 12 main st in mar kham which will be leased as three retail outlets the company is currently seek ing municipal approval for a sub stantial addition to our unionville office sales throughout the com panys 29 branch offices are hold ing exceedingly well in spite of the recent increase in mortgage rates said robert a shea and we anticipate a busier than 1983 summer to wind up what we hope will be a record year for the com pany sailboards like the one here on toogood pond in unionville are on display all summer at the mil- liken mills arena the display has been put up by old firehall sports in unionville boards and pad- dleboards also from old firehall sports can be rented at toogood sjoerd wittevween how to play the market howtokeepmore ofyourinvestment income everybody wants to keep as much of their investment income as they can and give away as little in taxes as possible thats why wood gundy wants you to know about an investment that can make a big difference to your after- tax income agf management limited one of canadas largest investment manage ment companies offers you the agf preferred income fund its a fully managed mutual fund designed to maximize your after- tax investment income through investments in highquality preferred shares of canadian corporations the agf preferred income fund pays you income on a monthly basis it lets you use the dividend tax credit to keep more of your income and it protects your capital through portfolio diversification contact the professionals at wood gundy about the agf preferred income fund and keep more of your jpcome as income instead of taxes offer made only by prospectus by joseph d goodman 1 never buy a stock that wont go up in a bull market the insiders are out of it for some valid reason the informed money is not buying the stock the reason may not be apparent but it exists nevertheless 2 never sell a stock short that wont go down in a bear market the insiders have it here again there is a compelling reason be hind the scenes even when the facts are not clear its best not to buck the stock 3 sell the stock short that wont go up in a bull market the moment the market turns to the bear side a stock that cant attract buying sup port when everyhting else is mov ing ahead must have something radically wrong with it it there fore would be vulnerable in a bear market 4 buy the stock that wont go down in a bear market it will probably lead the next rise this is one of the best rules in wall street it means that support is so strong that new buying will push it up when a bull cycle reappears 5 dont buy the sympathy stock dont buy southern pacific because union pacific has gone up everybody does this and it is not often profitable buy the stock that is going up buying sympathy stock is one of the greatest possible fallacies theres no necessary reason why southern pacific or northern pacific should go up just because union pacific does the common word pacific has no thing to do with it 6 when a bull market turns to bear sell the stock that has gone up the most as it will react the most this may seem to be a contradic tion to rule no 3 above but it isnt actually the stocks that have had the greatest percentage rise fre quently have a corrective percen tage decline when the tide turns 7 also sell the stock that has gone up the least it couldnt go up therefore must go down this is in agreement with rule no3 if the stock cant attract buyers it fre quently will attract sellers j 8 when a bear market tyrns to bull buy the stock that has gone down the most and also the stock that has gone down the least these two principles are not opposed to each other instead they illustrate two extremes in the market stocks showing the greatest per centage declines are normally due for percentage gains stocks that have held up best have a reason for doing so hence are in a position to attract new support v 9 if a stock is a purchase or a sale action should be taken at once the market does not consider your trade in its fluctuations in other words if buying or selling isjim- perative action should be taken at once such transactions should be made immediately at the market editors note the follow ing information was provided by housser and co investment coun sellors on main st in markham business students willing to work wood gundy to wood gundy limited royal bank building 2053 centre st markham l3p 3p9 telephone 2949151 attention howard davis manager please send me without obligationinformation on the agf preferred income fund name address province tel 1 city postal code if you presently have a wood gundy account please indicate the name of your account executive centennial col lege is offering the business commun ity the chance to obtain the skilled services of a senior leasing business adminis tration student at no expense this service pro vides graduating students in account- all makes of carsvxs low as m50 1 p month s plus tax motors vviarkiiam call for details 2911 110 now open results you can seel sprinklers you cant sales installation commercial residential design a m m 3 m m m 99 industrial automatic and manual controls service to all makes models 4162912411 all workmanship guaranteed ing and financial marketing produc tion and data pro cessing manage ment programs the opportunity to gain practical experi ence in their par ticular field after two years of theoretical training the management project experi ence enables the thirdyear student to gain practical on- thejob experience by actual involve ment in daytoday office procedures the student may work at the em ployers office doing routine accounting marketing or data processing tasks or work on specific assignments to help solve particular problems this program also allows a potential em ployer to evaluate possible future workers on the job at no obligation students are available for two consecutive days each week from september to de cember and again from january until april field study pro jects are held in strict confidence and can be super vised by a faculty member if needed or desired the progress and quali ty of the assign ments are regularly monitored by a faculty member at centennial college in conversation with the employer any businesses that are interested in participating in this project are en couraged to call centennial college as soon as possible so thataschedule may bearranged for the fall with the business division the supervisors of the various prog rams are as follows accounting financial manage ment nancy howey 4695981 ext210 data pro cessing marie scragg 4397180 ext280 general management tom brock 4695981 ext 213 marketing management tom brock 4695981 ext213 and pro duction and operat ing management hugh krebs3j39- 7180 ext280 whatbdduafibtd1brlacewith premlation insurance the cost of furniture has nearly doubled in the last five years the price of clothing has risen oversmsin the last three years since 1978 the cost of carpeting has risen over 50x the loss of personal effects is bad enough but for some people it becomes a tragedy when they check their insurance policies in many cases inflation has reduced the value of their claims to a fraction of what they should be and in too many other cases even an uptodate policy doesnt cover full replacement value lb find out where you stand you should talk to one of the iraq insurance brokers listed below is there a difference between an lbjux broker and an agent yes there is an agent works directly for one insurance company an lbao broker is independent and unbiased your lbao broker shops around for value recommends the right coverage at the right price and makes sure your interests are professionally represented when you need to makeadalm so call your broker and ask if he or she is a member of the lbao public notice the yorkpeel federal- progressive conservative associations nomination meeting at the aurora highlands golf and country club yonge st aurora on wed june 684 at 8 00 piri in five years television and hi fi equipment have gone up 4055 and to replace that favourite wedding present would be next to impossible for most people ten years ago this ring cost 800 today it would cost you nearfy 2000 carson weeks ins 59 main st n x 29407222940729 crispi redpath ins brokers 1020 denison st ste 106 4750003tor 4936877 markham markham ins brokers 72 wellington st w 204 2949444 millerslade ins brokers 441 esna park dr 14 4773468 noran ins brokers 7181 woodbine ave suite 224 4751115 craig r wells ins broker 7225 woodbine ave 117 4758438 theres more lb insurance thanjnstaboifcy call the lbao broker in your neighbourhood unionville stouffville alsop ins brokers 83 main st w 6403202 avey insurance inc 622 village parkway 4775556 tower ins brokers 46 ferrah st 4773211 a report by our member of parliament the honourable sinclair stevens pc mp guest speaker the honourable perrin beatty pc mp pc caucus spokesman for the ministry of- national revenue action office telephone 7279455

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