Oakville Newspapers

Oakville Beaver, 15 Apr 1994, p. 26

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First there was the logical curiosity that wanted to know why this had happened? It was agreed by experts that the potential of Quebec separating plus our mounting debt or months there was speculation Fabout a stock market correction. When the market did finally respond with a decline there were two interesting scenarios that developed. Stock market ‘correction‘ underscores its volatility 3.34 acres of prime Câ€"3 commercial land. Ideal site just south of 401 Hwy. 25 for fast food, hotel, motel, restaurant, prestigious office space. Reduced to $209,900. per acre. LINDSAY MCLAREN ........cssssssssee0ee. $699,0 RE/MAX MILTOWNE REALTY CORP. 22 Ontario St. S., Milton MILTON â€" HWY. 401 25 COMMERCIAL A GREAT RETREAT! $169,500 EXCLUSIVE 600 ACRES COMMUNITY just 5 mins. from N. Burlington! Enoy unlimited golf, swimming, tennis, winter sports and more! Ideal setting and activities for all family members. (PAGE) MARILYN ROMEYN (905) 639â€"3300. McLAREN (905) 878â€"7777 Office 854â€"2451 (Res.) 825â€"4485 (Tor. Line) Sales Representative | THE 0/ ....................... $699,000. The Quebec situation has been simmering for a century and our debt problem has been growing for decades. How can we imagine that suddenly these two factors would suddenly be so important? It‘s hard to believe that investors learned the scary truth about these two pending evils just recently. were the reason for the stock market decline. A more reasonable explanation is that the market was just due for a correction. And then these two economic rationalizations evolved as an excuse for I don‘t disagree with either of these important issues. 4 level, 4 bedrooms, with gr. level fam. rm. rec. rm. Large 2 level deck. Pied lot, workshop, heated airâ€"conditioned, 2 sheds, central air air cleaner. Close to Oakville. VINCE KENNEY, Associate Boker, 632â€"5406. OPEN HOUSE SUN. 1â€"4 P.M. 659 CAPE AVE. $169,900 EAST BURLINGTON If the market was a logical and explainable environment, then we could all predict it‘s every move and of course we‘d all be millionaires. Unfortunately that is not the case, so we must develop a sense of humor to deal with those whom try to rationalize market chanee. Markets, by their very nature, are full of surprises. The stock market will shock you despite its longâ€"term track record of good results. So the recent correction just underscores the normal volatility of the market. If this type of uncertainty is not acceptable, then perhaps you should not be invested in equities. The second scenario of interest was the actual behavior of the small retail investor after the market started to decline. Individuals have been loading up with equity mutual funds of late and many of these investors were rookies with equity investments. normal market volatility. It all seems to be explainable when in reality it is not. MacLaren will have just completed a two week Trade Mission to China, Korea and Japan prior to the April 15th GATT signing in Marrakech, Morocco. A question and answer period will be included. The session starts with a 7:30 a.m. registration, 8:00 a.m. full breakfast.The location is the Le Dome Banquet Hall, 1173 North Service Road East, Oakville. Cost is $18.00 (Chamber members) $23.00 (nonâ€"members). Minister for International Trade Roy MacLaren will be the feature speaker at an April 18th breakfast seminar sponsored by The Oakville Chamber of Commerce International Trade Committee. His address will be "The World Trade Organization . ... NAFTA and Beyond." The seminar takes place at the Le Dome Banquet Hall. In fact this new group of investors are One of few 150 ac. parcels within a mile of Hwy. 5. Red brick home with outstanding farm bldgs. JIM NEIL * 637â€"8245. i1111 ROYAL LEPAGE D i)i 110011 International Trade minister to address Chamber Monday To register contact the Oakville Chamber of Commerce, 845â€"6613. Yes, it seems that individual investors are getting fairly street smart. They have spent much of the last decade attending financial planning seminars, reading investment books and the financial pages, which are saturated with tips on personal investing and retirement planning. So chalk up this most recent stock market surprise for the little guy. They are taking a longâ€"term approach to a longâ€"term task. Not many seemed to panic when their newly acquired mutual funds started to decline. Of course, many were disappointed, but the consensus was that equity investing is done for the long term and very few sold their funds. Peter Watson, MBA, CFP, RFP is the President of Peter Watson Investments Limited, an Oakville firm specializing in retirement planning, RRSPs and investment planning. He can be reached at 842â€" 7602. referred to as "GIC refugees" who have been raised on a steady diet of nonâ€"growth and nonâ€"volatile fixed income investments. Only the current low interest rates have pushed them into equity investments, which of course come with all the normal ups and downs of a market. * 2800 sq. ft. â€" $249,900. Built by Merrick * 5 spacious bedrooms * Premium lot â€" 49 x 148 feet * 128 River Glen â€" 6th Line South of Dundas Anne Hayes or Delia Micci OPEN HOUSE SAT. SUN. 2â€"4 DON‘T DELAY! PRICED TO SELL! FRIDAY, APRIL 15, 1994 Page 26 21. KELLEHER REAL ESTATE INC.

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