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PAGE 10 â€" WATERLOO CHRONICLE, WEDNESDAY, MAY 8, 1985 To compensate for a shrinking demand in Canada, two years ago Canbar elected to pursue GARY WINGER Sears, Waterioo Town Square 746â€"1080 We‘ve got plans that can keep premiums low while your family is young. And still provide coverage you need Like Allstate‘s 5 or 10 year renewable and conâ€" vertible term plan, the "Gap Closer." Call me The henefits described are provided through the 5 or 10 year plan aymlable under our Renewabie and Convertible Term Policy You need life insurance during those Allstate You‘re in good hands." Allstate Life Insurance Cn . of Canade Call or see Allstate Insuramer ( RELEHER‘S SADDLERY KELEKHER‘S SADDLERY LIMITED SORRY NO CREDIT CARDS Cambridge (H), end of Pine Bush Rd., off Hwy 24 S. â€" (519) 658â€"9814 Cambridge (H), end of Pine Bush Ad., off Hwy 24 S. â€" (519) 658â€"9814 * WESTERN BOOTS Our Largest Sale of the Year! 4 Days Only! Also not to be ignored is the fact that those new oaken barrels remain an irreplaceable part of the whiskeyâ€"distilling process. ‘"Fortunately, you can‘t make whiskey without an oak barrel," said Nicholson. ‘"*You can make gin, vodka, rum, but whiskey needs oak." >+200,000 WORTH OF MERCHANDISE Reduced To Clear . * EVERY SADDLE, ENGLISH or WESTERN Greatly Reduced 15% â€"50% OFF May 8 â€" 9 â€" 10, 9a.m.â€"9p.m. â€" May 11, 9a.m.â€"6p.m 2,000 pair to choose from Despite modernization and new products, Canbar Products Ltd. retains a link to the past with its cooperage and barrelâ€"making diViSiOfl. Chronicle photo How will you do? "What if a cup of coffee costs $1,000 when I retire and a car costs $500,0002" It went on tosay:""What‘s the use of saving, or using an RRSP, when we have no idea what it will buy when we retire." "New money" All Canadians, I hope, do not have this defeatist attiâ€" tude about the way things are going. But is there a way of keeping pace with the costâ€"ofâ€"living, or keep ing your values if "new money" is printed? I think thereis! There are many many hints that the U.S. govern ment is experimenting with the printing of "new money", possibly in rainâ€" bow colours, to make it harder to copy on photoâ€" copy machines, or to coun terfeit on printing ma chines. There are also many fears that if and when this new currency comes into play (expected some time in the 80s) there may be a restructuring so that a "new dollar" might be worth the equivalent of an old $5 bill, or $10 bill And if the US. changes its money values, chances are Canada will do the same People are already scared They‘re asking questions What will these suggested The lettersaid: a cup of coffee Stop and think. Ifa house today is worth four times your annual salary it means if you earn $20,000 a year your house is probably worth $80,000. If you earn $25,000 a year your house will probably be worth apâ€" Eruximatvly $100.000 ight? What if we have hyper inflation in the next 15 years, as in the past 15, when inflation tripled? That means your house (or anything else owned) would probably now be worth three times as much That $100.000 house would I think I know theanswer to all those problems. It may bother me as to future job security, opportunity and the like, but not as far as my investments are concerned. be worth $300,000 What if wehaddeâ€"flation, or a currency debasement? If your house fell from $100.000 value to $50,000 value, your wages would IT‘S YOUR MONEY Paul J. Rockel table" and write: Paul J Rockel, 153 Union St E Waterloo, Ont. NJ 104 Paul J. Rockel is President of Regal Capital Planners Ltd. and the Independent investâ€" ment Fund Deslers Associaâ€" tion of Canada. o So I don‘t worry. I‘ve got investment funds:and they own the basic industries of Canada. They will increase (or decrease) I can sleep at nights no matter what happens For a FREé) table on what 24 investment funds have done over the past ~ years, ask for "10,000 Those who "lend" their money to earn interest are the ones who suffer if we have inflation, because their "value" does not ap preciate with inflation (such as a house. etc ) thin; also probably have fallen Advertisement