HomeMy WebLinkAboutThe Goderich Signal-Star, 2009-05-06, Page 13Godench Signal -Star, Wednesday, May 6, 2009 - Page Al 1
Hindmarsh conservation legacy lives on in area
Dave Syke&
signal -star publisher
It was a completely green day at the
Maitland Woods off Parsons Court on
Sunday and many families took ad-
vantage of the event offerings to buy
plants, take home free compost and get
a guided tour of the #wooded trail.
Members of the Maitland Valley Con-
servation Authority and friends of the
John Hindmarsh Environmental Trust
Fund held their annual plant and tree
sale and guided tour of the .Maitland
Woods in support of conservation.
Money raised from the event will help
support programs at the Wawanosh Na-
ture Centre and Nature Conservancy of
Canada.
The John Hindmarsh Environ-
mental Trust Fund has supported the
Wawanosh Nature Centre, assisted with
pond and forest restoration at Falls Re-
serve Conservation Area, hosted an-
nual spring hikes at Naftel's Creek and
supported the Yellow Fish Road Storm
Drain Marking Program for elementary
school students.
Hindmarsh was a noted area conser-
vationist who reforested marginal ar-
eas, created ponds for fish and water-
fowl and implemented a variety of soil
and water conservation techniques on
his farm property.
Over the years, he extended his in-
terest to the restoration and preserva-
tion of areas such as Naftel's Creek
and Saratoga Swamp. He planted trees
to reduce soil erosion, established fish
and wildlife habitat, created trails and
then donated the lands for public use.
He taught how important it is to value
and preserve our natural heritage.
The pioneer world of log cabins,
horses and canoes fascinated him and
as a young farmer he began construct-
ing log homes. Through the years, he
moved or rebuilt 13 cabins and gave of
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Photos by Dave Sykes
A number of avid hikers took to the
trails in the Maitland Woods off Parsons
Court Sunday for a guided tour of the
area courtesy of the Maitland Valley
Conservation Authority. Many families
toured the wooded area, purchased
plants and took home free compost.
Six-year-old James Knox registers for
the event.
his time and expertise,
A passionate pilot, Hindmarsh was
killed in plane crash on May 25, 1995
near Goderich.
The Maitland Trail Association has
developed over 50 kilometers of trails
along the Maitland River from Goder-
ich to Auburn and also maintains Mai-
tland Woods where Sunday's guided
event was held.
>•” THE G.CDEIUjGi
P • ,
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across from racetrack
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I get mon
9
tamthe
ent o ' l year has f ueled a is. E f F d- oom men:
beyond. People are fearful that* *'similardrop will happen awn this year so they're
toioiding stockmarket.
If that describes you, you might find it's more helpful to instead use a broader historical
context as your guide. While studying past performance does not guarantee that you'll have
certain knowledge about will happen in the future, it can provide the basis for an unemotional,
disciplined approach that has been successful for many long-term investors.
If you define a bear market in Canada as any time the TSX (which is an unmanaged index
that cannot be invested directly into) falls 20 per cent or more, you would discover that we
are currenfly in Canada's eleventh bear market since the mid-1950s. In each of the previous
instances, the Canadian market has rebounded to its previous peak and subsequently risen
to higher levels. It has just been a matter of time. In the case of the fastest rebound, it took just
nine months to return to the prior high. The slowest required 73 months. The average was 42
months, or about three -and -a -half years.
What's more, we know that dividend reinvestment has accelerated that bounce -back
process, as investors were able to invest more when prices were low. Dividend reinvestment
cut the average recovery time almost in half, to roughly 23 months.
In fact, the effect is even more pronounced when you consider what happened ff people
added regularly to their investment portfolio. Those who kept making stock purchases
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the average recovery time to about 14 months. (Keep in mind that dividends may be increased,
decreased or eliminated at any point without notice.)
The key lesson from this is that rather avoiding stock purchases, a bear market may
actually be presenting you with a good three to add to your holdings. However, remember the
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Quality 1s also important. Quality investments are more likely to have the ability to survive
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Of course, we never know when the market will begin another bull run, and no doubt there's
still plenty of bad economic news to he concerned about. Nonetheless, history tells us that
adding money to a diversified, quality equity portfolio now could enable you to reach your x•
lot ag financial goals sooner. It's a conveirsation you might want love with your Ananciai