Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 1 Feb 1989, p. 20

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It‘s been just over a year since global equity markets experienced their blackest session ever. An estimated $2 trillion was lost around the world as the biggest stock market crash in history ignited an international selling panic Bull market toppled Toppling the léngest bull market in history, the Dow Jones industmal average in New York dropped 508 points, PAGE 22 â€" WATERLOO CHRONICLE, WEDNESDAY FEBRUARY 1, 1989 And despite the apparent distaste for equities being shown by both retail and institutional players, "there is tremendous value in the stock market," said Tony Yue, viceâ€"president of Vancouverâ€"based brokerage firm Pemberâ€" ton Houston Willoughby Bell Gouinlock Inc It‘s been a scary year for investors riding the stock market rails through 1988. But staying on the equity track has pard off for some steelâ€"nerved individuals. some of the investors who weathered the October ‘87 collapse â€" or bought into the market at postâ€"crash prices â€" have made money FINANCIAL PLANNER NWw ~Consistent advertising increases customer awareness, and the Waterloo Chronicle is certainly costâ€"effective that way for Waterloo businesses to get their message across. And just like I am with my customers, my Chronicle rep is always willing to help me and give me good, consistent service. I like that." [ CUI MATERLOO 1 vlark is also aware an intelligent advertising strategy improves the odds of growth potential, and that‘s why he chooses the Waterloo Chronicle. Since opening his first store in 1984. Soundstage president Mark Elias has seen his business grow close to 30 per cent each year; he‘s proud of the highlyâ€"personalized service Soundstage offers to audio enthusiasts and music lovers. Mark is also aware an Our Chronicle ad helps bring in the customers.‘ Your advertising answer! Market in 1988 proved a nailâ€"biter Chronicle 886â€"2830 Mark Elias President Soundstage 59 Regina St. N. Waterloo. 885â€"4750 Th losses â€" and gains â€" have been uneven. Based on price changes since Oct. 16, 1987, 10 of the TSE‘s 14 industrial subâ€"groups have posted price gains since the crash. The losers include the gold, paper and forest products, oil and gas, and consumer products subâ€"indexes. In contrast, the communications index has gained about 40 per cent and the real estate group about 30 per cent, while the pipelines, financial services, merchandising and transportation sectors have posted advances in the 20 per cent range. or 23 per cent to its crash Jow of 1738. Since then, the 30 stocks listed on the Dow have slightly more than recouped the Oct. 19 losses but the index is still 18 per cent below its record high of 2641, reached in August 1987. The Toronto Stock Exchange 300 composite index plunged 621 points, or 17 per cent, by the close of trading Oct. 20, 1987. Since reaching its low of 2838 Oct. 28, the TSE has recovered but is still some 6 per cent below its preâ€"crash levels and 15 per cent short of its record of August ‘87 MAAK BENKOVIC GREG FROST BAia% FROST BA MGR GORD HaMPTON, ANNA ANGER. Jt NUMN both ways. To manage vour RRSP . For growth and income PHON: | Residence All figures to December 1. 1988 are at annual compound returns ‘? bm:n the net income invested and Lookir mt 9 :#mrludm remvestment of dividends hu(;“)‘j\s f 7 *~ Past pctimme is not necessarth To mionives NE jlt ul indicative of hanre resultt Any Atlore ADUKEAS D Reputation and results Auth count for me, Please send me more intormation about an Industrial Group of Furids RRSP e Industrial Growth Fund One example: Many RRSP investors select The Industrial Group of Funds and Mackenie Financial Corporation primarils because of our reputation And. frankls it pleases us that our name is a good one to financial consumer and financial advisors alike But we d rather you selected us for another reason. our performance recorc After all. results are really what count. For both of us COMING FEBRUARY 22== 153 Union St. E., Waterion, Ont, N2J 1C4 THE REGAL CAPITAL GROUP PRAINCE indicatn‘e of future results Any offers made only hy prospectus which contains Milb?!e »u%angapww&and retain it for future reference BEST BET Business 0 5% byt | 4ur ‘ Sur 578â€"3286 AnTAI cube 24. 140%] 16 T rAAFY Y *lOn *J 16 2 20 vr

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