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The Goderich Signal-Star, 2009-04-22, Page 3Ross Daily advises Volvo employees Dave Sykes signal -star staff Facing an uncertain future in which the only certain- ties are job loss and loss of personal income, employees of Volvo Construction Equipment tapped in to some expert financial advice at a financial fair organized by the company and the Goderich Chamber of Commerce Thursday, April 16 in Saltford. The employees were carefully guided through the minefield of financial planning, investment products and terminology by Ross Daily, former business and agriculture editor of CFPL- TV, now A Channel, Lon- don and his wife, Eve, who now work as independent financial planners. Formerly with Scotia McLeod, the Dailys offered in- dependent advice to the audience, outlining a six -point plan that stressed that the single -most important deci- sion was the selection of a competent financial advisor. "It is the single most important relationship you will have;" Ross Daily said. "No-one knows where the mar- ket is going but there are certain expectations. The advi- sor is your partner and servant and you are paying, so there is an obligation on their part to provide service. You require honesty and disclosure and advice only from your advisor." Finding a qualified financial advisor is like filling a job vacancy, Eve offered, adding that those looking for a financial planner should ask questions and look for a professional with qualifications that will service the needs of the investor. Experi- ence, they agreed, was an asset that pro- C� I� OIMEDIA Bowes Publishers Umited A Subsidiary of Sun Media Corporation - A Quebecor Company The Goderich Signal -Star, published every Wednesda , 52 times year, at Goderich, Ontario is one of The . Star Group of Community Newspapers. The • . SignahStar shall not be fable for failure to publish an ad or for typographical errors in pubbcation except to the extent of the cost of that portion of the ad in which the error occurred. The Goderich Signal -Star reserves the right to reject or edit any advertisement Subscription rate is $40.00 per year plus GST. The Goderich Signal -Star is a member of The Canadian Newspaper Association (CCNA), The Ontario Community Newspaper Association (OCNA), and the Ontario Press Council. For any non deliveries or delivery concerns please call 519- 524-2614. Return all undelivered copies, changes of Fddress and sub- scxipbon order to address below. Pablolions Mai Agreement No. 40064683 PAP Registration No. 7602 Return undeliverable Canadiah addresees to Circulation Dept P.O. Box 220,120 Huckins St., Goderich, Ont., N7A 4B6 (519) 524-2614 email: sepcirceboawd.00m We acknowledge the financial support of the Goverment of Canada through the Publications Assistance Program towards ow mailing coda CanadW vided a longer perspective on the stock market and in- vestment products. For employees of Volvo and their families, the un- certainty of their economic future puts more of a strain on their ability to pay bills beyond the closure of the manufacturing line while tapping into the right invest- ment mix is more of a luxury. "There's no doubt that this is the worst time for you and your families and your per- sonal future is in doubt," Eve said. "You will lose control and there are no easy answers, espe- cially with investing. The deci- sions you make are critical and we can only give you a frame- work and layout the financial planning process" Having written and definitive life and financial goals is the first step offered as a guide to the planning process. "The financial planning pro- cess is your biggest tool and the only part of this process. (plant closure) that you control. It's your money;" Ross said. "You need to plan for the rest of your See FINANCIAL, Page 5 TH� A 1 9amto4p ALLAGES2-92 ,2 Games $.50' & Comfy Shoes • 1/444.4 oekbrataba EtVgq) — JVednesday, Thursday AND Friday! f„4 COME Bo UNG AS A FAMIL& A SMALL TREE! lids Under a Bowl free! 524 -BOWL (2695) litllebowl.ca FU... • ..• BOWL T1 1.k! 1 Goderich Signal -Star, Wednesday, April 22, 2009 - Page A3 Photo by Dave Sykes Ross Daily, former business and agriculture editor for CFPL- TV, London, (now A Charmer) talks finances with two Volvo employees at a financial fair at Saltford Valley Hall Thursday. The fair, organized by Volvo and the Goderich Chamber of Commerce, offered employees access to a number of finan- cial planners and investment companies. Daily, and his wife, Eve, independent financial planners, offered advice to the group on investment strategies and the need for financial planning. YOU'RE INVITED: TO OUR UPCOMING CAR CARE CLINIC - WEDNESDAY, APRIL 29TH AT 6:30 PM Our facilitator, Christine Mitchell is a licensed technician who provides a light hearted and non- ` technical overview of your vehicle and suggestions to best maintain the life and beauty of your vehicle. This is sure to be a popular evening! Please contact Ashley at 519-524-1500 or ashley@hyundaiofgoderich.com to reserve your spot. EVERYONE WELCOME! Light refreshments are served and draws will be held for prizes. (13) WfUrIOR aCPCIERIDI 619 Bayfield Rd, Goderich 352210 • • Knights of Columbus Present SPRING FLING At the Goderich.;:c.Iumbus Center Saturday April 25, 2009 Doors open at 8 p.m. Music 9 p.m. to la.m. $15.00 per person Late Lunch Provided Proceeds to CT Scanner Commitment For Tickets Call 519-524-1832 Or at Denomme Flower Shop Inc. 140 The Square, Goderich