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

www.insideHALTON.com | OAKVILLE BEAVER | Thursday, July 10, 2014 | 18 ATTEND A FREE HOME SAFETY SEMINAR Review investment portfolio and accounts continued from p.17 offer some favourable tax treatment so they are less costly from a tax perspective than interest income earned from bonds. Therefore, if you are attempting to shelter investment income from income tax, it is to your advantage to shelter the interest income from your bonds. Sheltering income is easy. There are no income taxes paid on investments held within a Registered Retirement Sav- First 25 to register receive a FREE carbon monoxide detector at event. In praise of Heritage Homes What you need to know to protect your family, and your investment Attend a FREE home safety seminar specifically focused on issues common to older homes. Did you know? EARN ONE AEROPLAN® MILE FOR EVERY $2 SPENT ® Aeroplan is a registered trademark of Aimia Canada Inc. ings Plan (RRSP) or a Registered Retirement Income Fund (RRIF). Therefore, bonds that produce interest income should be held inside a RRSP or RRIF account. When you eventually withdraw money from a RRSP or RRIF , it is added to your income and then it is taxed. Money taken from your Tax-Free Savings Account (TFSA) grows tax-free and there is no income tax paid when those funds are withdrawn. The initial thought might be to also include bonds in a TFSA. Most often, ® Imagine comfort. Escape into a Stressless . and depending on your individual circumstances, that is wrong. FREE LEATHER UPGRADE A TFSA should be your preferred ® with any piece of Stressless Furniture account in which you hold your best until August 18 investments (i.e stocks), as those will make you the most money over time. You should own stocks inside your TFSA because they grow tax-free and, when withdrawn, are not subject to tax. Each investment portfolio has its own characteristics based on your THE INNOVATORS needs. You will pay less income tax if OF COMFORT TM you are holding the right types of investments in the right account. We recommend you review your SEE OUR FLYER investment portfolio to make sure the IN TODAY'S PAPER various types of investments are in the correct accounts. A little simple tax planning can significantly reduce your income tax liability. -- Submitted by Peter Watson, 4080 Fairview St. (between Walkers & Appleby) · Burlington (905) 633-7226 · 1-866-556-7226 · www.scandecor.ca MBA, CFP , R.F .P ., CIM, FCSI., Hours: Mon.-Wed. 10-6 · Thur.-Fri. 10-8 · Sat. 10-6 · Sun. 12-5 Certified Financial Planner Love your Heritage Home ­ a FREE seminar Tuesday, July 15, 2014 · 6:30pm to 8:00pm Oakville Public Library - 120 Navy Street, Oakville Special Guest Speaker Special Guest Speaker 3 Days Only! OAKVILLE TENT SALE Popcorn Bouncy Castle Caricature Portraits (first come first serve, limited times) Don't miss our annual Oakvil le Frank Cohn Host, The Home Improvement Show 1010 Newstalk Radio An expert renovator, Frank understands the issues most commonly that will help you prioritize where to spend your money to maximize the return on investment. John Romanetti Electrical Solutions Advisor Birnie CurrentSAFE John has inspected hundreds of homes in the GTA. He reveals hidden electrical hazards that are sure to shock you, while advising FREE Fri July 11 - Sun July 13 www.renspets.com 75 up to TONS OF DEALS In the T ent & In Store in the tent Oakville 4002 Trafalgar Road (905) 257-4611 Standby Generators Power outages are becoming more commonplace. What's the best solution? We've got answers. BIRNIE CurrentSAFE is listed by the Town of Oakville for its expertise in servicing Heritage Homes. April 1st - July 31st, 2014. Cash in on these fantastic savings. GET SERIOUS THIS SPRING AFTER INSTANT REBATE $189.95 MSRP ® OUTDOOR POWER EQUIPMENT Curved Shaft Trimmer GT-225 $ 16995 95 $20 SAVINGS 5 yearnsumer Co anty Warr 2 year mercial Com nty Warra · 21.2 cc professional grade engine · 30% reduction in starting effort · Easy-loading trimmer head · 48" curved shaft · 5 year consumer warranty PB-250LN $ Handheld Blower Register today at ismyhomesafe.ca or call 1-855-569-1818 179 AFTER INSTANT REBATE $199.95 MSRP $20 5 yearnsumer Co anty Warr SAVINGS 2 year mercial Com nty Warra · 25.4 cc professional grade engine · Low noise - 65 dB(A) · Air volume: 391 CFM - pipe · Maximum air speed: 165 MPH · 5 year consumer warranty National Sales Event instant rebates valid only at participating dealers with purchases made April 1st - July 31st, 2014. Not walid with any other offer. Join us today! www.echo.ca Current Power Machinery Inc. 1661 Lakeshore Rd. W. Mississauga 905-822-4211 www.currentpowerinc.ca