HomeMy WebLinkAboutThe Goderich Signal-Star, 2009-10-14, Page 5Photo by Gerard Creces
Skating with Pirates'
About 60 young Pirates -in -training came out to the first ever Skate with the Pirates
atthe Maitland Recreation Centre Friday, including (top left) Jordan Hart, (top right)
and Cameron Powell who got some help on his shot from Scott Austin. Above,
Elizabeth VandenBroeck and Kaelan Profit drop the puck on Pirate season after
accepting $500 on behalf of the Kid's Booster Club.
•
COMPANIES WITH DYFFERENT
SIBS HELPS PORTFO�.IO
DIVERSIFICATION-.
You will often hear finau ictal advisors: talk about diversification being one of the most important rules of investing.
For exam e, within the equi#tes portion of your overall portfolio, ifs common to hear about how important it is
to and by industry sector. But those are not the only aspects of diversification You should
also consider the sizeofe companies in which you are investing.
There are three categories to consider - loosely described as large, medium or srnallfn terms of market
capitalization, which is a way to measure the size of a company. It's calculated by multiplying the current stock
price by the number of outstanding shares.
Companies referred to as "large cap" have market capions of greater than $5 billion. "Mid -caps"
- have market capitalizations ranging firm $1 to $5 billion And "small caps" have market capitalizations under
$1 billion. You will also occasionahear about companies that are called "micro cap" an "nano cap" - these
are sub -categories of small caps, with market capitalizations of less than $100 million and less than $50 million
respectively.
Both large and medium cap categories should be represented within the equities portion of your portfolio.
Your largest share should be in high-quality large caps that have a long history of strong performance and good
management As a general nile, you pick large cap stocks that have a history of paying healthy and rising
dividends. (Keep in mind that dividends can be increased, decreased or eliminated at any point without notice.)
Medium-sized companies tend to have somewhat more risk than traditional "blue chip"- large caps so you
should be nictilarly careful about these. They could generate potentially greater returns than large caps, but
because of the risk, you should keep these down to a much smaller percentage of your chosen equities. And
among those, the ones that are in the process of becoming larger and more stable should make up a greater
proportion than those that have recently graduated from small cap to mid cap.
As kw small - which tend to*stodas valued at under $4, including those often referred to as "penny
stocks" - it rtbe wise to avoid these Investing is all about risk versus reward and the potential risks
of small companies - especially the micxo an nano caps - may simply be too great.
Mabe sure you work with an investment
ptsionai whoean help you oanstruct a
portfolio that's tallorea to your unique needs
and dtuumt#ani;ea Eiin Roy, CFP
Edward Jones, Member clPF Financial Advisor
• Echvatd tones does notprovide taac or legal advice. • 519-S24-4873
fteviewyocrcapc +c % vilthyr urtaxadvisor 108 Courthouse Square, Goderich
ich
and/otlegal professional kehiformation www.edwa•rd'
Edwardjones
m
orisconcert**the tintimpii ons(*nailinga ,jokes.com
pa rttwtar hrveshn ent or taki g ry of r actk* . Member CIPF
Goderich Signal -Star, Wednesday, October 14, 2009 - Page 5
Hudak speaks on HST effects
The newly -elected leader
of the Ontario Conservative
Party, Tim Hudak, spoke to
a joint meeting of the God-
erich and District Chamber
of Commerce and Goderich
Rotary Club Tuesday, Oct.
13 at noon at the Maitland
Golf and Country Club in
Goderich.
Once elected as a Mem-
ber of Provincial Parlia-
ment at age 27, Hudak was
recognized as a rising star
and was appointed parlia-
mentary assistant to the Minister of
Health.
He subsequently held the ministerial
portfolios of Northern Development
and Mining, Tourism, Culture and
Recreation and Consumer and Busi-
ness Services.
'lithe 2007 election, he won the new
riding of Niagara West-Glanbrook,
which includes parts of the city of
Hamilton.
Hudak replaces former Conservative
leader, John Tory and was elected at
the party's leadership convention June
27 in Markham.
Chamber executive director, Judy
Cray'ford, said the party contacted the
chamber office to arrange a date for
Hudak to speak on the Liberal govern -
Tim Hudak
ment's intention to intro-
duce the Harmonized Sales
Tax (HST).
While the implementa-
tion of the HST has gar-
nered support from the
Ontario Chamber of Com-
merce and a number of in-
dustries, most small busi-
nesses are not embracing
the harmonized tax plan.
Before entering public
life in 1995, the conserva-
tive Party leader worked in
the tourism and economic
development business and for Wal-
Mart Canada, helping the company
transition into the Canadian market.
Hudak was Minister of Tourism dur-
ing the terrorist attack on Sept. 11,
2001 and convened meetings with
leaders in the tourism industry and
built a plan that provided an addition-
al $14 million immarketing support to
help the industry recover.
Hudak lives in Wellandport with
his wife, Debbie and 18 -month-old
daughter, Miller.
Hudak was speaking to the joint
meeting of Rotary and chamber in
Goderich on Tuesday, Oct. 13 at noon
at the Maitland Country Club on North
Harbour Road.
LADIES WE ` & LINGERIE
162 quare, GODERICH 519.524.7232
