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Tech Talk from Scott Gibson A revolutionary new projector has arrived from Canon! What‘s so great‘ High resolution. high brightness and high contrast in one package! Have that already? Nut like this! The â€" Canun â€" Reals SX50 uses 1CoSâ€" faguid Pe £7% 4 Crysial on Sthcon, a tech F !I q:’ g ; nology that displays all F4 M#a wl H i F colours at the same bime E ¢ & l ; i j simnlar to LCD projectors iA ' i but has direct reflecting 3 ‘ j !*“‘ ' ‘ . panels similar to DLP pro 3 J : ‘,._,! P ‘1 Pos jecturs ; * :‘l_‘." :l k The high native resoluâ€" tion of the LCoS panels combined with the above charactenstics make it one of the best pictures availâ€" able in a portable projector today! For the first time. Canon has combined a w bestâ€"inâ€"class 2500 ANSI lumens of brightness and stunning 1000:) contrast ratio along with SXGA+ i1400 x 1050) resolution. Extensive optical design experience. coupled with Canon‘s proprictary AISYS {Aspectual Hlumination System) technology made the breakthrough to achieve so much in a small 8.6 1b package. At $5999.99 it is the only SXGA projector available for under $10,000.00 wern gitesseccom i fi ‘ sis0n 30000 a ks i a rsion k s hi a 25 coumanta 5T E. x l 7a0â€"8020 wateALO0 Ed C Sn Seott « Bettv Ann WeExBAVE 8â€"4, e : d * h s \ h suomars 12â€" 5 Come in today and ask for a demonstration of the new Canon REALIS SX50! You will be amazed at what you see! SEE IT ALL! j s easy getting around town when you live at The Court at Laurelwood retirement resiâ€" dence! Run errands and arrive at scheduled doctor‘s appointments with our convenient chauffeured bus service. Plus, special trips to local attractions and regular shopping sets you free to do the things you enjoy. . www courtatlaurelwood.com | ©2005 Holiday Retirement Corp Scheduled local transportation * 24â€"hour resident managers * Delicious chefprepared meals Onâ€"site beauty/barber salon * TV lounge, library/billiards room * Exercise/activity room Paid utilities (except phone} * Monthâ€"tomonth rent, no hidden fees * Much, much more! ( (3///0(/(17 /// e /:nr/ au(/; _ THE ¢ 7 QOURT \;* *# LAURELW@DD â€" =L" Gracious Retirement Living 605 Laurelwood Drive Waterloo, ON N2V 2W 7 «44. FREEDOM 519â€"725â€"2442 very small 10 Thinking beyond the RRSP he RRSP season has I arrived, and the contriâ€" bution deadline for the 2004 tax year is approaching quickly. As a result, I want to disâ€" cuss the advantages and disâ€" advantages of this retireâ€" ment savings strategy and review an alternative investâ€" ment method called leverâ€" age investing. Most of the information in this column can be found in my book, Rich is a State of Mind. For most of us, a well diversified RRSP is an effec tive strategy for accumulat ing our retitement savings. The benefits include taxâ€" deferred growth within the plan as well as taxâ€" deductible contributions that reduce our taxes. For someone with a marâ€" ginal tax rate of 46%, for example, an RRSP contribuâ€" tion of $15,500 would accaâ€" sion a tax savings of approxiâ€" mately $7.000. 2sorrn¢eal r»i.sct‘" It‘s about your... ’I\Iorthdal Auto Bodv=$ 6 Complete Collision and Refinishing Service \ 430 Albert Street, Waterioo 88 This refund can be applied to mortgages, debt, leisure, and so on. Another effective and quite fexible retirement savâ€" ings method is leverage investing, which is the process of borrowing money for investment purposes. Typically, people utilize leverage once they have maximized their RRSP conâ€" tributions, and have estabâ€" lished a substantial asset 'Sn'rung( anada‘s sentors stnce 198 base. In fact, the two strateâ€" gies can work quite well together. For example, an investor could use the $7,000 refund to service an interestâ€"only leverage loan. In turn, the payments to fund the leverage program will yield another tax break for the following year. However, some people prefer leverage to RRSPs. Certainly, either strategy can help you accumulate a substantial amount of money for retirement purâ€" poses. But, when looking ahead 30 to 35 years to see what occurs when money is withdrawn from an RRSP or RRIE, leverage seems much more attractive. The funds within an RRSP and RRIF grow taxâ€" sheltered, yet become taxâ€" able income at the account holder‘s marginal tax rate when the funds are withâ€" drawn. Depending on . the investor‘s tax rate, the tax implications could be onerâ€" ous. For example, let‘s assume a 72â€"yearâ€"old investor owns a RRIF worth $1.2 million. The minimum annual payâ€" ment for someone who is 72 is roughly 7.5 per cent of the RRIF, which means the investor must remove Continued on page 17