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This youngster receives some assistance with lacing up his skates during the ACLD fundâ€"raising rollerama last week at Super Skate in Waterloo. Maggie Schnarr photo For the 70 or so participants taking part last week in the fifth annual rollerama presented by the Kâ€"W chapter of the Association for Children and Adults with Learning Disabilities (ACLD) the evening at Super Skate Seven was a mixture of fun and relaxation. Chronicle Staff Some whizzed around the rink like pros. Others struggled to keep their balance, occasionally tripping over their unsure feet but nonetheless giving it a valiant effort. The rollerama was held in conjunction with the Waterilooâ€"Conesâ€" toga Rotary as a fundâ€"raising drive to raise money for worthwhile ACLD projects. This year the funds will be used for Camp Pioneera, Close to 100 pledges were received, and while the figures are still being tallied, Urte Look, fundâ€"raising chairperson and second viceâ€"president said $8,200 in donations has been received. That‘s an increase of over $1,500 from last year‘s efforts. Adults and children alike donned skates during the twoâ€"hour rollerama and the local chapter of the Beavers also donated their time and skating power for this cause. Local various businesses sponsored 13 door prizes awarded to selected skaters throughout the evening. avs;t_nlfmr‘ day ('amp. for learning disabled children from the area said Su McKillop, president of the Kâ€"W ACLD. The ‘professional‘ investment NC\ Professionals We all use professtonals You probably use profes sionals, in that you go to a doctor if you‘re sick. or a dentist with your teeth. or a mechame with vour car Ever ask yvourself why? The obvious answer is "because they are profes sionals 7 They have stu died long and hard. passed strenuous tests, and there by became quahfied to look after our health our teeth or our car In almost every thing we do in life we turn to specialists â€" be they law vers. electnorans. plumbers carpenters, hairdressers hflrr\rm etc You too are most likely a specialist at what you do If you are a ditchdigger. you dig an excellent ditch for those who hire you If you are a housewife. hair dresser. secretary or what ever, you are an expert and do a much better job. be cause you are experienced and work at it every day Yet when it comes to say ing our dollars. and know ing what to do with them. a lot of us think we are the "experts "_ We think we know how to invest. be cause the institution where we cash our cheques is offer ing us a fixed rate of return that is covered by CDIC (Canadian Deposit Insu rance Corporation) for upto $60.000 We think we know how to invest because we "think" we have the most important criteria. namely "safety" â€" How many of us "non profeasionals" (in invest ing) ever look at what that Fun for ACLD at rollerama safety is In fact, is there such a thing asa riskles« in vestment‘ Vhe answer is NO Remember this There is no such thing as a nskless investment, just degrees and tvype of risk _ Those fixed income investments tbetter known as guaran teed investments| are al way s subject to purchasing power nsk, as well as inter est rate msk If vou have "fixed" your rate of return for a "fixed" perrod. and in terest rates were to se teo bad. because vou must still continue to get that lower rate: Hinterest rates were to decline, and your term in vestment came due. you would have to accept a lower rate On top of those ‘misks" come the greater msks of tax ation and itsero sion on your return In fact. over the past ten years, vir tually every investor in interest earning invest ments" actually lost pur chasing power by earning interest In the 10 years to the end of 1984, the average return on GIC (Guaranteed In vestment Certificates â€" us ually paying about the highest interest rate avail able) rates averaged 10 A9% Sure. there were periods in which rates wrrvrlghvr. as well as periods when rates IT‘S YOUR MONEY Paul J. Rockel were lower But the average was 10 89% During the same pened inflation aver aged 9 9" That means you almost earned (on average} 1" over and above infla tron But most Canadt ans pay income faxes with the average being 45% on the latter part of their in comes Sure, some of us pay Y income taxes But let‘s use just the average of 3N If we were to pay 35 of that 10 X@" we earned it would amount to over 35% we would lose to taxes Com hine those taxes of 395 with the inflation of 99 and it totals 13 47 We only earned 10 X@" average. we loat 13 4% to in flation and taxes. weend up Iosing For a FREE table show ing what inflation hasdone over the past many vears and companng what in vestments in a mutual fund, house or GIC did dur ing the same period. ask for "Templeton vs house prm ces vs inflation" and write Paul J Rockel, 153 Union St E.. Waterioo. Ontano. That‘s a good investment by us prufrs:'n} »na!s‘ â€" N2ZJ 104 PAUL J. ROCKEL is Presiâ€" dent ol Regal Capital Planners Lid. and of the inâ€" dependent Fund Dealers Asâ€" sociation of Canada. ADVERTISEMENT WATERLOO CHRONICLE, WEDNESDAY, OCTOBER 30, 1985 â€" PAGE 15 IATERLOO MAZDA WATERLOO MAZD