The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Holding too much debt bodes significant risks continued from p.13 to easy money has just one problem -- some of the streets to prosperity are one-way while with others the outcome goes both ways. The journey you take with debt is just oneway. Unless you pay it off, it does not go away. As we have seen, debt levels have increased over the past several years. Despite warnings from our financial leaders we just keep accumulating debt. This column has echoed the warnings of our federal minister of finance and the governor of the Bank of Canada. It is hard to dampen the enthusiasm when debt is working so well and millions of Canadians are prospering from rising housing and stock market values. In the context of this financial journey, the two-way street is the one that needs to post the warning signs. Housing and stock values do go up but they can also decline. Remember, debt is a catalyst that speeds up financial gain or loss. If the purchaser of the $500,000 house in our earlier example suffers a 20 per cent decline in their house value, they have suddenly lost $100,000 or 100 per cent of their housing equity. What works for you while prices are increasing can suddenly harm you when values of leveraged assets decline. That is the risk. All asset classes can and will eventually decline. Debt is a catalyst because it speeds up the Do you know how your good or bad of owning things on credit. It acts grows? as giant magnifying glass compounding both gains and losses. Know Your Most Canadians are conservative. No one Source wants to lose wealth; especially when we work so hard to earn money and then find it so difficult to save enough for the future. Consider your use of debt as a risky game of musical chairs. Eventually the music will Cash & Carry Bags of most stop and house values will decline and those still standing with too much debt will suffer. SOILS · MULCHES · AGGREGATES · ROCKERY products available. Please consider this as a gentle warning 905-336-7725 that when you hold too much debt, there are URLINGTON 2273 Dundas St. B significant risks ahead. GARDEN SUPPLIES Burlington, ON LIMITED -- Submitted by Peter Watson, MBA, CFP , VISIT US AT burlingtongardens.ca R.F .P ., CIM, FCSI., Certified Financial Planner garden Feed Your Garden This Fall with Manured Loam. Available Now! 17 | Thursday, October 3, 2013 | OAKVILLE BEAVER | www.insideHALTON.com MY NISSAN CLEAROUT DRIVE 2013 FINANCING 0 % FOR UP TO 84 MONTHS OR $ 13,000 UP TO ON OTHER SELECT 2013 MODELS IN CASH DISCOUNTS The 2013 2013 N NissaN issaN a alTiMa lTiMa s seDaN eDaN B BEST-IN-CLASS E S T- IN- CL AS S H HIGHWAY IGHWAY F FUEL UE L E ECONOMY CONOMY A AVAILABLE VAIL ABLE T TOUCH-SCREEN O U C H -S C R E E N N NAVIGATION AVIGATION The 2013 N NissaN issaN s seNTRa e NTR a $ 3.5 SL model shown 4,000 IN CASH DISCOUNTS NOW UP TO $ 88 FINANCE FROM BI-WEEKLY AT PER MONTH FOR 84 MONTHS 0% APR $25,527 WAS $21,527 NOW FREIGHT AND FEES INCLUDED · STARTING FROM $0 DOWN $ $15,949 15 ,949 1.8 SR model shown The All-New 2014 NissaN veRsa NOTe PLUS SPECIAL INTRODUCTORY OFFER BEST-IN-CLASS TOTAL INTERIOR VOLUME $ 78 0.9% AT APR BI-WEEKLY PER MONTH FINANCE FROM FOR 84 MONTHS FREIGHT AND FEES INCLUDED $0 DOWN · STARTING FROM $13,699 1.6 SL T Tech ech model shown OFFERS END OCTOBER 31 . FIND YOURS AT CHOOSENISSAN.CA OR YOUR LOCAL RETAILER ST Finance offers are now available on new 2014 Versa Note 1.6 S (B5RG54 AA00), manual transmission/2013 Sentra 1.8 S (C4LG53 AA00), manual transmission. Selling Price is $13,699/$15,949 financed at 0.9%/0% APR equals 182 /182 bi-weekly payments of $78/$88 for an 84/84 month term. $0/$0 down payment required. Cost of borrowing is $441.36/$0 for a total obligation of $14,140/$15,949. $500/$1,250 NCF Finance Cash included in advertised price, applicable only on 2013 Sentra 1.8 S manual transmission (C4LG53 AA00/C4LG53 BK00)/Versa Note 1.6 S (B5RG54 AA00/B5RG14 AE00) on finance purchases through subvented loan contracts only through Nissan Canada Finance. This offer cannot be combined with any other offer. Conditions apply. $4,000 cash discount is valid on the new 2013 Nissan Altima Sedan 2.5 (T4LG13 AA00/AA10) and 2013 Altima Sedan 2.5 S (T4RG13 AA00/ AA10)/ 13,000 cash discount is valid on all 2013 Titan models except the Titan 4X2 King Cab S SWB (1KAG73 AA00) when registered and delivered between October 1-31st, 2013. The cash discount is only available on the cash purchase, and will be deducted from the negotiated selling price before taxes and cannot be combined with special lease or finance rates. This offer cannot be combined with any other offer. Conditions apply. $13,699/$21,527/$15,949 Selling price for a new 2014 Versa Note 1.6 S (B5RG54 AA00), manual transmission/2013 Altima Sedan 2.5 (T4LG13 AA00), CVT transmission/2013 Sentra 1.8 S (C4LG53 AA00), manual transmission. $500/$1,250 NCF Finance Cash included in advertised price, applicable only on 2013 Sentra 1.8 S manual transmission (C4LG53 AA00/C4LG53 BK00)/Versa Note 1.6 S (B5RG54 AA00/B5RG14 AE00) on finance purchases through subvented loan contracts only through Nissan Canada Finance. This offer cannot be combined with any other offer. Conditions apply. Models shown $20,719/$34,427/$21,649 Selling Price for a new 2014 Versa Note 1.6 S SL (B5TG14 NA00), Xtronic CVT® transmission/2013 Altima Sedan 3.5 SL (T4SG13 AA00), CVT transmission/2013 Sentra 1.8 SR (C4RG13 RT00), CVT transmission. Freight and PDE charges ($1,567/$1,695/$1,567), air-conditioning levy ($100) where applicable, certain fees (ON: $5 OMVIC fee and $29 tire stewardship fee), manufacturer's rebate and dealer participation where applicable are included. License, registration, insurance and applicable taxes are extra. Finance and lease offers are available on approved credit through Nissan Canada Finance for a limited time, may change without notice and cannot be combined with any other offers except stackable trading dollars. Retailers are free to set individual prices. Offers valid between October 1-31st , 2013. Fuel economy from competitive intermediate/compact 2013 internal combustion engine models sourced from Autodata on 13-12-2012. Hybrids and diesels excluded. 2013 Altima fuel economy tested by Nissan Motor Company Limited. Altima: 2.5L engine (7.4L/100 KM CITY/5.0L/100 KM HWY), 3.5L (9.3L/100 KM CITY/6.4L/100 KM HWY). 3.5L shown. Actual mileage will vary with driving conditions. Use for comparison purposes only. Association of International Automobile Manufacturers of Canada (AIAMC) Entry Level Segmentation. MY14 Versa Note v. MY13/14 competitors. Offers subject to change, continuation or cancellation without notice. Offers have no cash alternative value. See your participating Nissan retailer for complete details. ©1998-2013 Nissan Canada Inc. and Nissan Canada Financial Services Inc. a division of Nissan Canada Inc. Oakville NissaN 2316 South Service Road West, Oakville, ON Tel: (905) 827-1177 www.oakville.nissan.ca