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The Wingham Advance-Times, 1985-11-06, Page 32"We need youl." Please Give CANADIAN CANCER SOCIETY SOCIETE CANADIENNE DU CANCER e • Crossroads '.. CKVR Barrie ]... CWpIVDeetr o it teleguicie Global WXYZ Detroit Q ... WJBK Detroit c •.. CKNX Wingham .-- CFPL London ... CHCH Hamilton •-• CKCO Kitchener ... TSN ... City TV Toronto 1 he following programs listed as supplied by the TV stations are subject to change •'. ,.iii••••- 40 ®•..•..•11..1...•Ie.#•...-! o..; 1 Wed., Novo 13 AFTERNOON 12:00 Q07 ®® News Q Beaver Q Flintstones ®® Ryan's Hope Q Midday ® Bodies In Motion CND Thundersub 12:25 Q Agri -News 12:30 00 The Young and Restless QQ News ®® Loving go FYI Noon Edition ® Super Password J Headline Chasers ® Care Bears Compounding money — it's magic ( NC) — Compounding! It is a long word, with an awful lot of punch. But most people, if they see a statement that says "15% compounded" really have little or no comprehension of what it means. Let's examine "com- pounded," with the tradi- tional investor "A" and in- vestor "B". "A" is the one who earns and spends, and "B" is the one who leaves it to compound. We'll use a 15'', rate of return for each of them, because if the in- vestments were in mutual funds, they would be ex- pected to average 15% or better over a 10 year period or longer. Let's assume both "A" and "B" are 45 years old, and they have $101,000. They both invested it in mutual .funds that aver- aged 15% per year. Let's look at the mathematics. "A" earned $1,500 each year ($10,000 X 15'S) and ADVERTISEMENT IT'S YOUR MONEY Paul J. Rockel spent that $1500 each year. Over the course of the 20 years to age 65, he would have earned $30,00 ($1,500 x 20 years), and would still have his original $10,000. Add the two together and we come up with $40,(007 Not too bad, as there was only an original invest- ment of $10,000. • "B" invested his $10,(x)0; and like "A" he earned an average of 15'7. per year. But he decided not to spend his earnings, but rather leave them 'each year to com- pound. As a result, the first year's earnings of $1,500 were added to his $10,000, giving him a tot& value of $11,500. The next year he earned 1544, on that $11,500, giving him a gain of $1,725. Add that to the previous total of $11,500• he now has $13,225 to earn his 15% on for the next year. And ... so it goes. Investor "B"• at age 65 ends up with a value',of $163,665. Yes, that's one hundred and sixty-three thousand, six hundred and fifty-three dollars. It's a lot of words, and a lot of money, especially if you only started with $10,000. In fact. it's a gain of $123,665 more than inves- tor "A", who didn't let his earnings grow and comm' pound. "A" made a $30,000 profit, but spent his profits each year, "B" left his prof- its and gained $153,665 ($163,665 value minusorigi• nal $10,000). If'B"wentout now and spent $30,000, he'd have $133,665 lett, Mr. "A". spent $30,(XX) and has <nsly his original $10,000 left. They both "earned" the same rate of return, namely But one used "com• pounding", that long word that most of us know the meaning of, but often don't put it to work for us. Who do you think was the smartest? • For a FREE pamphlet on mutual funds, ask for "21 - Reasons" and write: PaulJ. Rockel, 153 Union St. E., Waterloo, Ontario, N2J 1C4 PAUL J. ROCKEL Is Presi- dent of Regal Capital Planners Ltd. and of the In- dependent Fund Dealers As- sociation of Canada. SALE eg Mazda Japan Classic 1:00 0 Intermezzo 114 Lifetime ® Soapbox ®®Q All My Children ®Q Days of Our Lives 1:30 woo As the World Turps ea City Lights 2:00 eg Canadian College Magazine Q Let's Make A Deal Q Parenting a0 Midday 0 20 Minute Workout Dallas 0 One Life to Live ®Q Another World 2:30 QQ Capitol I® Soapbox ® It's Your Move Q Wok With Yan Q Pitfall ® NBA Basketball 3:00 0 Jeffersons 00 Parenting . 0 Laverne & Shirley 00 General• Hospital ® Coronation Street ® Santa Barbara '0 Fitness Break 000 The Guiding Light 3:30 ® The Green Hornet 00 The Facts of Life 0 Sale Of The Cen- tury Q OWL TV 4:00 Q Good Afternoon Detroit 0 America IID The Brady Bunch Q Bob Newhart in Super Pay Cards Q He -Man Q Parenting 00 Divorce Court 00 Video Hits 0 Toronto Rocks 4:30 00 People's Court Q Jeffersons 00 One Day At A Time m Tom and Jerry Q The Young and The ljestless Q T e Edison Twins 0 The $100,000 Pyra- mid ) 10 No Money a8�a country warehous MOUNT FOREST HANOVER LISTOWEL ORANGEVILLE PAY NO I NTERESTTI FO'R-90T-DA-YS---------- • ' 5O°° REBATE ON ANY REGULAR PRICED HEADBOARD BED Plus 1 Set of Sheets ,FREE 4 pc. Nude Singles Only $149°0 While Supplies Last .20 5:00 0 Rally Car Racing 00 Soap • WIRP In Cincinn- ati Q Diff'rent Strokes ® Pink Panther ® Video,Hits owe The Price is Right ®® News 5:30 ®o News • Three's Company 7000 Benson ® Gobots 0 Too Close For Comfort ® The Way It Was EVENING 6:00' 11110381111131C10 News eg Citypulse Q Star Trek 0 Scan Newshour 0 FYI at 6:00 ® World Endurance Auto Racing 6:30 OE) News 7:00 Q Wheel of Fortune ® Jeopardy ® Entertainment Tonight Sportsdesk um News ® MASH 00 Diff'rent Strokes Q Gunsmoke 0 Knight Rider Q Trade Secrets - Journalism 7:30' ® Fighting Words ® Movie "The Bos- tonians" Q Entertainment Tonight 00 The Price Is Right Q The Ted Knight Show m Outdoor Life With' William Conrad co Three's Com- pany Q Jackpot Os Wheel Of Fortune 8:00 05 Highway To Heaven Q TBA ® Sportsworld Inter- national 0000 The Nature of Things 0 Highway To Heaven .Q Insiders , ID Webster 00 Movie "North B(eachand Rawhide" (Pt, 2) 8:30 ID Oceans Alive 9:00 Q Dynasty 0 Magnum P.I. 007 0 Charlie and Company Q TBA m Top Rank Boxing 05 Hell Town 0000 Market Place 9:39 DODO Man Alive 0O George Burns' Comedy Week — Mr. B-elvedere`--- 10:00 0 Hotel ® Lifestyles of The Rich & Famous 007 The Equalizer ® Citypulse ® Hotel Os St. Elsewhere ©000 National 10:20 0000 Journal 11:00 1B FYI Final Edition , Q Newsfinal END News 0.CTV National News ® SCTV 1-1.20. ®--h;ott-o' 6/49 11:25 0 Ontario Report 11:30 © Barney Miller Q Three's. Company 00 Entertainment Tonight Q Sportsline O Tonight Show 00. Taxi ,Sportsdesk 0 Movie "Alex In Wonderland" 12:00 Q Eye On Hollywood o Movie "The Adventures of Mark Twain Iii Carson Comedy Classics 00 Charlie's Angels Q Movie "Black Dia- mond" 00 Donahue Q Benny Hill o Special - Get Rich With Real Estate ® World Endurance Auto Racing 12:30 0 Lou -Grant DI Late Night El Barney Miller ® Movie "TBA" 1:00 J Personal Advance- ment Course 7 Letterman [no The Saint ® Outdoor Life With ,William Conrad . an Mery Griffin 1:15 0 Movie "Return From The Past" 1; 30 0 Sportsworld Inter- national I® Soap 0 Kung Fu 1:45 ® Movie "The Bosto- nians". osto- nians"_ 2:00 gg Medical Centre 00 Maude ® Nightwatch 0 Movie "How To Marry A Millionaire" 0 Highlights 2:30 ® Entertainment Tonight 0® Top Rank Boxing 0 Rat Patrol 3:00 ID Ben Casey 00 Eight Is Enough 0 Name That Tune 4:00 00 Night Watch ® The Lone Ranger 4:20 0 Movie "Home Of The Brave" 4:30 0 News. 5:00 ® Telling Secrets ID Guelph Basketball Tournament MANAGED TRADE One of the most absurd statements attempts to place the cost of each job protected against foreign competition at tens of thousands of dol- lars. This completely ignores. the benefits of foreign ex- ports or the real cost of im- ports. Last week this column tried to show that free trade is only a theory that does not work in practice. Clearly, we need a workabje alternative, and managed trade seems to be the best available answer. Managed trade, which provides a measure of pro- tection against imports and assistance to stimulate ex- ports, can work. Companies, in turn.,- must agree to modernize their plant facili- ties and restructure their op erations. In theory, the conj) sumer pays the bill when the domestic market is sheltered from open or covert foreign competition. It is possible to show mathematically that prices of certain foreign goods would have been lower in the absence of protection against imports, but facts belie the numbers. These -kinds of calculations are useless as policy guides. Theyi-grrore thebienefits that accrue to a protected in- dustry: the spur to innova- tion and the long-term value of keeping an industry viable in Canada. Beyond the em- ployment that is created or maintained, GNP is h°iicreas- 'ed, the balance of payments helped, and the next stage of technology is advanced. The threat of the removal of pro- tectionist measures would be a spur to plant moderniza- tion and increased competi- Crossroads—Nov. 6, 1985—Page 7B Supergran for kids She's fantastic, tremen- dous, amazing, stupendous. She's Supergran, the dear old lady who can do every- thing but fly. She can leap the highest heights, vault over buildings and perform feats of strength to turn strong men weak at the knees. In fact Supergran, star of CBC Television's new children's series seen Mon- days at 4:30 p.m., is the most exciting champion of the underdog to emerge since Robin Hood, and even he'd have to doff his cap to Super - gran. The series is based on writer Forrest Wilson's best- selling Supergran books about Granny Smith, a dear old lady who is accidentally struck by a beam ffrom a magic ray machine which gives her uncanny powers. Eyes flashing tartan she un- leashes her devastating powers to thwart the evil scheming of Scunner Camp- bell (played by the inimi- table Lain Cuthbertson), the black -hearted villain of the series aided and abetted by his overweight nephew Tub (Lee Marshall) and a bone - headed duo called Renta - Muscles (Alan Snell and Brian Lewis) who can be re- lied upon to bungle any as- signment they undertake. Red-haired, freckled -faced Holly English, age 11 is mis- chievous Edison Farady Black, granddaughter of the ingenious Invelntor Black ( Bill Shine), partnered in her exciting escapades by pint- sized lam (short for Wil- liam). This series introduces live action sequences rather than settling for animation. Pro- ducer Keith Richardson also called in the services of Paul Weston, renowned for his work on Superman and the. Bond movies as stunt co- ordinator - and arranger ..long with a team off stunt men and women for some of the remarkable sequences. Actress Gudrun Ure in the coveted role of Supergran, alias The Tartan Tornado, a distinguished character actress for many years, her- self tackled some of the daredevil stunts including hanging on to a helicopter in flight and streaking through -the waves of the North Sea on a motor -powered surf board. Canada's Business by Bruce Whitestone tive ability. In the United States, for in- stance, protection for the textile industry led to changes in' production and greater efficiencies, and, as a result, textile prices there rose much less than the average increase in the priceslof other goods. Aside from outright pro- tection, import limitations can be useful although they are a slap in the face of the free market. However, the resulting production ar- rangements can be of assist- ance to producers and not lead to higher prices for the consumer. For example, content- requirements are widely used in the automo- bile industry which require that such manufacturers must locate their plants in various countries. Brazil and Mexico do just that and now thriving automobile manu- facturing operations exist there. Otherwise, cars would have been shipped from the United States. Jobs have been ( reated 'in these and other areas and technology boosted there. The Canada - U. S. Auto Pact accomplish- ed some of these_objectives, although in Canada's case, other measures would have been more successful. Advocates of managed trade often are accused of Starting trade wars or "beg- gar -my -neighbor" policies by Ivhich every nation seeks to reduce imports and stim- ulate exports, a no-win situa- tion for everyone. In prac- tice, however, a more stable system of trade relationships can result from managed trade which will be of benefit to all of us. Also, it could pro- mote the growth in tech- nology word -wide and ra- tional capital investment. The alternative,.. free trade, is -far more unsettling even if it could be achieved. On ' "Live It Up", CTV, Monday, November llth, 7:30-8:00 p.m., Alan Ed- monds introduces you to a new investment club which brings together good ideas and big risk investors; Liz Grogan proves women can win at tackle football; Jack McGaw looks at different kinds of neckties and what they say about the men who wear,them; and much, much more! CUSTOM ENGRAVING Name badges, room numbers, door, signs, attractive desk sets. Also engraving of names on our fine line of pens and pencils. Available at: , The Wingham Advance -Times 357-2320 The Listowel Banner 291-1.660 The Milverton Sun 595-8921 The Mount Forest Confederate 323-1550 NAPOLEONiF'iREPLACE INSERTS - large glass end cast iron door with exclusive dual air wash. - - 24 K gold or brass finishes - 'educes wood consumption by ' , with clean burn system - variable speed automatic blower - may_be hooked up_to outside - heavy duty firebrick lining �clammier OP R14CNENEA 1 a 1, w N x VICTORIA titsurs 9=5 Mon . Tues , Wed Sat 9-8 Thurs & Fri VICTORIA HILLS PLAZA 745-0341 a 0 3 3 1