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HomeMy WebLinkAboutThe Huron Expositor, 1983-12-14, Page 91• THE HURON EXPOSITOR, DECEMBER 14, 1183 — AO Financial success depends on good plan BY HARRY L. MARDO,N Personal financial success rarely happens without the individual haying done some good planning. But before you can do that you must set an objective. In the business world this process is known as Management by Objectives. In essence it means a company sets specific goals and then draws up a program to achieve these. This same fundamental approach can be used by individuals and termites. For many Canadians, buying a house is a permanent objective. It is also a major financial undertaking - probably the. largest single investment in °lifetime for the average, Canadian family. Most homes are purchased by using a large amount of money borrowed from mortgage - lending institutions. such as banks and trust companies. They are called mortgagees. The interest rates. oorrower Is cane° Inc mortgagor. however, one thing to keep in mind is that If you, or a close relative, have as an Ye may pass up a good buying opportunity • objective for 1984 the purchase of a home. internis of the price of a house - as you wait you will want to buckle down to the financial fol interest rates to possibly edge downward planning right now. Some people dither and soate mare. You are better off financially by delay endlessly, fearful they may not get a bu%ing a house at a good price. , and thus mortgage at the lowest interest rate. needing to borrow less money at the outset. The fact is that nobody knows for sure thin possibily losing out on a bargain price when interest rates are at a rock bottom level. fo . the sake of a future slightly lower They've declined sharply since hitting a peak m rtgage rate. in 1982. There is a possibility interest rates a only way to determine whether a will drop a bit more in the coming months. pI) rtY that is up for sale can be purchased mostly because many mortgage lenders have al abargain price is for you to undertake some an abundant supply of money whereas the research. You have to ask such questions as: demand for mortgages is fairly slack. What did the previous owner pay for the You should dote that some financial cmPerty? What have houses of similar size institutions now offer variable rate mors- and quality in the neighbourhood or district gages, which adjust to the ups and downs of sold for during the past couple of years? Is the Mouse located in, an area that has social and LIBBY 'FANCY' PURE TOMATO JUICE 48 OZ. TIN 9 ( INSTANT 'SAVE 1.70' TASTER'S CHOICE COFFEE 52 REGULAR & O[fAFFEINATED � REG. 6. REGULAR DECAFFEINATED REG, 6.99 9 economic stability? In seeking answers to these and other questions, do not rely solely on the information provided by real estate sales people. Seek confirming information from your local real estate board and from mortgage -lending institutions. These inquiries will involve effort and time.' However, whether you are a first-time house buyer or not, the time and energy, you devote to your research can pay a handsome dividend to you. The better informed you become the more likely it is that you will make a wise purchase. This applies to any investment, of course, but especially so when the investment takes the form of a •home purchase. tax-free capital gain, when the time comes for you to sell the house. You achieve a capital gain if you sell the house for more than you paid for it. Any capital gain on one's principal residence is not subject In I^mm^ •�� Mr. Mardon is manager of corporate communications for The Investors Group, the Winnipeg -based financial planning services company.) Huronview decorated in theme NuiponvOw It's beginning to look a lot like Christmas at Huronview. The theme has been carried out with drawings on the windows. and decorated trees are everywhere. Outside the Unless you are buying a roominghouse, the home, brightly colored li hts are gleaming property won't generate income for you. But and extending a warm welcome to everyone. home ownership has the potential for a One of the happiest times of the holiday season is the family gathering around the CREAM CHEESE 8 OZ. REG. 1.69 PHILADELPHIA 6 BLOOM 369 POINSETTIAS WHITE qo JET250 GM. KRAFT FRUIT & MARSHMALLOWS Also White Miniature Marshmallows TODDLER JF, EX•ABSORBENT -...' 8 DAYTIME c=,.: 99 PAMPERS WELCH'S CONCORD OR WHITE GRAPE JUICE 1 LITRE DELMONTE'FANCY' REGULAR a SEASONED GREEN & 1402. WAX BEANS • 59 DELMONTE NEW 'LIGHT TASTE' FRUIT COCKTAIL ALSO PEACHES & PEARS 179 BAKERY RUNSMASTER DINNER ROLLS TWIST, REGULAR It WHOLE WHEAT PKG. OF 12 COUNTRY STONE MILE 675 GM. REG. 1 10 WHOLE WHEAT BREAD .89 WELCH'$ 199DIETRICH SCONE FROLLS . 99 PRUNE. NECTAR OUNCAN HIKES 380 GM. WESTONRASPBEIftY OR CHOCOLATE SNACK CAKE MIX .99S `SWISS ROLLS 0KG OF, .99, 1 KG. RANDOM CUT TAVISTOCK CHEESE MEDIUM .89 MARBLE 28�9s. LB. OLD :="251 29.oRc0LBT CHEEZ WHIZ 500.. REG. 3.55 [ 8 OZ. REG. 1.41 KRAFT ONION AND DILL CHIP .99 ORANGE. GRAPE APPLE & MIXED FPUIT TANG DRINKS PKG OF 3 X 250 ML 77 7,„\SE PE.:: ' 2Q OCEAN SPRAY CRANAPPLE AND CRANBERRY�99 COCKTAIL . 40 OZ. . FRONTENAC EGG NOG I LITRE .99 1r * IV– rill 1 19 LZr , ,W. DAVE STAfFEN PUTS UP THE LAST OF THE 2,000 6 -PACK CASES OF PEPSI COLA! ... .V u,f rHF ei ...r'ID 11 MI r OUANTItIeS STORE HOURS M'"'IDAS to FRIDAY 9 orn toSpm yATURDAV90 , rn6pm CLOSED SUNDAYS puce rt.tor t,..o WI . ,riving MONDAY AT 9 P M PLEASE NOTE: ldverrisimg dune by our sr Store may differ teem Mnelnerl', Marys FOOD MARKETS LIMITED ,StsMann;- Mitchell elavolvdA (h'dpPAELL i Christmas tree. The lights decorations.... even the kind of tree we use are all parts of traditions that have Mme to us from many parts of the world. It is said that Martin Luther began the practice of lighting a tree. He used candles to represent the stars on Christmas Eve. Everywhere, the tree is looked upon as one of the merriest customs of the Christmas seasons. At recent worship services, residents have already begun to sing the carols. They are beautiful both in song and music and it seems a shame that they aresung, for such a short period. Perhaps if they were used more often, the real meaning of Christmas would stay longer. Last Sunday at the worship service, the choir sang an anthem. In .the afternoon aong with Dr: Toll's .band, residents had the pleasure again this year. of listen to the bells. The\'bell ringers are a group &young men from St. Andrew's Church in Wingham. The leader of these talented musicians is Gordon Legget. They played a medley of Christmas carols on the bells. This coming week promises to be a busy one, as the festive day approaches. We are looking forward to the concerts that will be presented. Sunday. Dec_ 11, worship service was held in the chapel with Rev. Pick in charge. There was a very good attendance: In the afternoon, a Christmas variety concert, arranged by Mabel Gray and Joan Henwood r from Goderich was presented. It was much enjoyed and we appreciate their coming, especially at the Christmas season. Those taking part in this presentation were: ' soprano soloist Joy Harrison, violinist Mabel Gray, pianist Joan Henwood,. baritone soloist Ralph Henderson, piano soloist Helen Bryans of Mitchell. We extend a warm, welcome to Mrs. Reta Ladd of Clinton, Mr. Wilson Morley of Exeter. Mr. Jeremiah McMyler of Goderich, who. have come to reside at Huronview. To the families of the late Georgina Ryan, Myrtle McNaughton and Luella Cox, we convey our sincere sympathy. • Manor awarded for accident prevention Seaforth Manor Health Care Facility has received the Ontario Hospital Associa- tion's Accident Prevention Achievement Award. The award is presented by the Associa- tion's, Hospital Occupation Health and Safety Sencces (H.O.H.S.S.), to the health' care facilities with the lowest frequency of lost time injuries among its staff. "Hospitals, nursing homes and homes for the aged are classified in eight different categories, based on firm type and hours worked annually. Awards are presented each year to those facilities in the province with the best safety records", says Doug Callan. Assistant Executive Director, Ontar- io Hospital Association, H.O.H_S.S. "Of the 187 hospitals, 82 nursing homes and 33 homes for the aged in Ontario participating, 29 have earned the award this year. All health care facilities in the province are elgible to receive the award." Vice-president of the facility, Daniel Scaly said, "1 would like to congratulate all the staff .on their earning of the Accident Prevention Achievement Award. Obd%Mclry " JEAN SNELL Jean Hill (Plumsieel) Snell of Exeter died at Soeth Huron Hospital, Exeter on Monday. Dec. 12. She was 74. Beloved wife of the tate Rev. Harold J. Snell, she is survived by one son Peter of Exeter, one sister, Mrs. Margaret Kingston of Seattle, Washington USA. and three grandchildren. Linda. Heather and Russ. Predeceased by two' sons, Roger and Gordon and one sister Eleanor M. Plum - steel. Funeral services were held Wednesday, Dec. 14 from the R.C. Dinney Funeral Home, Exeter. Rev. James Forsythe offi- ciated Interment in Balls Cemetery, Au- burn. Memorial donations to the'Ontario Heart Foundation or the Canadian Cancer Society would be appreciated by the family. ADVERTISEMENT If You Lost Your Hearing Tomorrow, Would YOu Do Something About It? Toronto—An offer of special interest to those who hear bat do not understand words has been announced by Belton. A non-operating model of one of the smallest Belton aids of its kind will be given to anyone requesting it. Send for this model now. It is not a real hearing aid, but it will show you how tiny hearing help can be. The actual aid weighs less than a fourth of an ounce, and it 's all at ear level, in one unit. We suggest you write for yours naw. Again. we repeat, there is no cost, and certainly without obligation_ Thousands have already been mailed, so write today to Dept. 42410, Belton Electronics of Canada Ltd_, 124 Connie Crescent. 4A. Concord, Ontario L4K till.