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PAGE 14 â€" WATERLOO CHRONICLE, WEDNESDAY, MARCH 12, 1986 2s FAIRVIEW PARK MATH CHAMPS Waterioo collegiate institute‘s junior and senior math teams both came out on top in the recentlyâ€" held W aterloo C o un ty M ath Leagues. For the junior team this is the third consecuâ€" tive year they have won the championâ€" ship. Team memâ€" bers are: centre, Miâ€" chael Blake; front, from left, Serena Schiueter, James Cherry, Maury Weiâ€" gel and Tony Lai. Rear, from left to right, Andy Buimanâ€" Fleming, John Horâ€" man, Brian Mark, Colin Springer, and Tim Andrews. Chronicle photo (NC) â€" Statistics! Six reasons why They tell us that only 2 people out of every 100 will end up with sufâ€" ficient assets of their own to retire and maintain their previous stanâ€" dard of living. True, we don‘t need those assets of our own today in Canada beâ€" cause the government forces us to save, by making us contribute to the Canada Pension Plan. It also taxes us extra so we can also receive the Old Age Pension when we retire. Keeping the standard But even with those benefits, they tell us only 5 out of 100 people will be able to maintain the standard of living they were used to, until the time of their death. It‘s a shame isn‘t it? 1 believe every person can achieve a measure of wealth if they would only apply a simple rule. so many people fail â€" financially, that is And that rule simply states: ‘‘save a part of what you earn and do not spend the earnings on your savings, but let them compound for your fuâ€" ture."" Then, when _ retirement comes, you will have the assets to retire in dignity, and maintain your standard of living. (Who just wants to maintain their standard of living when retirement is the time to travel the world and do many of the things you wanted to do earlier, but couldn‘t because you were workâ€" ing). Venita Van Caspel, author of the millionâ€"selling book *"The Power of Money â€" Dynamics"‘ and several others, plus moderator of a TV show which is carried by over 200 Public Broadcasting Stations in the U.S. each week, says there are six reasons why so many fail (finanâ€" cially). Here they are: 1) Procrastination (I‘ll start savâ€" ing tomorrow, or next week, or next year) and then never starting. 3) Ignorance of what money must do to accomplish that goal. Ouch! How many of those six reasons apply to most of us? Even if only a few apply, the wise ones among us are those who will try and correct our shortcomings. I‘m starting today. For a FREE brochure on "DIVIâ€" DENDS, TAXATION AND YOU*" write Paul J. Rockel, Financial Centre, 153 Union St. E., Waterloo, Ont. N2J 1C4. Paul J. Rockel is President of Regali Capital Planners Ltd. and of the independent investment _ 2) Failure to establish a definite financial goal. 4) Failure to understand and apâ€" ply the tax laws. e _ §) Being sold the wrong kind of life insurance. 6) Failure to develop a winning attitude about money. Fund SUPERIOR MEMORIALS FOR SPRING INSTALLATION 528 Victoria St. N.. Kitchener (Beside Weston Bakeries) 145413 LARGE INDOOR SHOWROOMS YOUR MEMORIAL SHOULD B£ ORDERED NOW IT‘S YOUR MONEY Paul J. Rockel ADVERTISEMENT