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The Citizen, 1998-01-28, Page 17Cashing in on the gold Three area figure skaters proved their mettle recently coming home with gold medals from the Great Lakes Winter Skating Festival in London. All the girls are students of Michelle Blake. They are, from left: Michelle Cook, Blyth; Michelle Smith, Brussels and Jamie Lewis, Blyth. Local skaters take gold The Great Lakes Winter Skating Festival was held at the Earl Nichols Arena in London. This year's event, the 25th anniversary, ran from Friday, Jan. 16 to Sunday, Jan. 18. Two skaters from Blyth Jamie Lewis and Michelle Cook, as well as Michelle Smith from Brussels, skated at this event. All three are coached by Michelle Blake. Lewis skated at the Junior Bronze A level and received a gold medal for her performance. Cook also received a gold medal and competed at the Can Figure Skate B level. Open-netter ends Continued from page 7 had a one-point advantage into the second. Austin widened the spread, off the stick of Josh Albrechtas only to have Hensall bring it back within one. Cody Anderson snuck one home, unassisted, with just over five minutes remaining in the sec- ond, putting Blyth up 3-1. Smith skated at the Can Figure Skate B level and as well received a gold medal. Atom game At the 12:20 mark of the third Anderson set up Austin for his sec- ond goal of the game. Hensall kept it tight, however, coming back with one of their own just three minutes later. In the dying minutes Hensall pulled their goalie, allowing Kernighan to slide one into the open net with seconds left in the game. tOG I °NS' CLASSIFIEDS SPECIALIZING IN All Types of Memorials aid Inscriptions Ross Ribey Seaforth, Ontario NOK 'I WO \s, Tel: (519) 527-1390 rC PAUL COOK ELECTRIC Home, Farm & Commercial Wiring BELGRAVE 357-1537 WHERE DO YOU TURN TO SEE WHO GOT MARRIED? YOUR NEWSPAPER: The link to your community CA H SAVI GS ON '3.00 THURSDAYS Drop Into /MN,' of our offIc•s any Thursday with your word classified (maximum 20 words) and pay only /3 00 (paid In advance) That's 51 00 or' regular rates. Cn aze THE CITIZEN, WEDNESDAY, JANUARY 28, 1998. PAGE 17. The Turtle and the Rabbit Investing do's and don'ts By Linda Henhoeffer Financial Advisor As we gather up our Christmas decorations and turn our attention to planning for this new year, we will likely be wondering about our financial investments and specifically our RRSP savings. As many advertisements will remind us, we have only until March 2 to make our 1997 RRSP contributions. Until March 2, we consumers will be bombarded with RRSP advertisements and information. Add in global economists' nervousness about the 'Asian flu' and many of us will be very confused and anxious to go hibernate with our friendly, neighbourhood groundhog. Wiarton Willie knows why he only appears above ground briefly on Feb. 2! But before we panic, let's remember our childhood story of the race between the turtle and the rabbit. The rabbit begins the race with great expectations of easily winning this race as everyone knows he can run much faster than his slow moving competitor. He dashes off from the starting point and gets so far ahead of the turtle that he allows himself a carrot and a nap. As he awakens from his rest, he sees the turtle nearing the finish line. Even though the rabbit makes a huge effort to beat the turtle, the turtle calmly crosses the finish line first. The moral of this story is that slow and steady efforts generally outperform erratic and poorly planned actions. 1. Invest like the turtle. The turtle won the race with the rabbit because the turtle had a plan. His plan was to proceed at a slow but steady pace while ignoring the progress of his competitor, the rabbit. Like the turtle, we can choose to invest in a planned and organized manner. Regular monthly contributions to our savings investments are easily set up with automatic withdrawals from our bank accounts directly into our investment accounts. With our regular investing, we also benefit from the effect of 'dollar cost averaging'. 2. Invest with a long term goal. The turtle was successful because he had a goal of crossing the finish line first. The turtle didn't worry about short term obstacles like a fallen tree or the hot sun. Instead, the turtle concentrated on reaching the finish line and simply moved along the raceway one step at a time. Unlike the turtle, the rabbit marvelled at his own speedy takeoff and the dust he raised with his fast feet. The rabbit assumed his initial success would continue without further effort, and so the rabbit indulged himself with a snack and a nap. 3. Stay focused The turtle stayed focused on his goal of crossing the finish line. With our investments, it is easy to be distracted by hot tips from friends, or dire predictions of market crashes or alarmists warning of wild inflation (or is deflation the worry of the week?). 4. Get good advice Everyone can benefit from the advice of a coach. A coach helps us to focus on our goals and plan a winning strategy. Their experience can help us avoid pitfalls. Also, a coach is there to encourage us through the difficult times. If the rabbit would have had a coach, would he have had a better chance of winning the race? Like the turtle, we will be success investors if we stay focused on our long term goals while shrugging off short term distractions. Like the turtle, we can be winners too! • GOODS • SERVICES • TRADES JOHN H. BATTYE 20 Hamilton St., Blyth ( at Manning's Building Supplies) Tel: 519-523-9311 11 FLOORING 011 Doane Raymond Chartered Accountants Management Consultants Canadian Member Firm of Grant Thornton International 152 Josephine Street P.O. Box 1420 Wingham, Ontario NOG 2W0 Tel: (519) 357-3231 Fax (519) 357-2452 Listowel Tel (519) 291-2274 DAVIES ACCOUNTING SERVICES ACCOUNTING & TAX PREPARATION Farm, Business, Personal & Corporate 887-9595 1-Strafford Cemetery. Memorials Ltd. KffLitg *Nam Youngblut's PLUMBING and HEATING • SHEET METAL WORK • GAS FITTING DARRYL YOUNGBLIJT TEL: (519) 523-9383 B LYTH