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29 APRIL 2013 Direct

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At 95, Hitler's Food Taster Tells Her Story to the World Margot Woelk kept her secret hidden from the world, even from her husband. Then, a few months after her 95th birthday, she revealed the truth about her wartime role: Adolf Hitler's food taster. Woelk says her association with Hitler began after she fled Berlin to escape Allied air attacks. With her husband gone and serving in the German army, she moved in with relatives about 435 miles (700 kilometres) to the east in Rastenburg, then part of Germany; now it is Ketrzyn, in what became Poland after the war.

There she was drafted into civilian service and assigned for the next two and a half years as a food taster and kitchen bookkeeper at the Wolf's Lair complex, located a few miles (kilometres) outside the town. Hitler was secretive, even in the relative safety of his headquarters that she never saw him in person — only his German shepherd Blondie and his SS guards, who chatted with the women. Hitler's security fears were not unfounded. On July 20, 1944, a trusted colonel detonated a bomb in the Wolf's Lair in an attempt to kill >>Cont. Pg.2

Free Market Evaluation Steps to Keep your Brain Cells Humming 2 a Happy Tune

3

How You Can Walk Away From Depression

BUYING OR SELLING

6

2

25

Toronto and Global Market Review

Gold Price Forecasts CIBC HEAD TAKES HEAT OVER COMPENSATION Here's the latest gold price forecast by some of the major world banks In U.S. dollars per ounce, annual averages FORECASTER

2013* 2014

HSBC

1,700 1,720

Bank of America Merrill Lynch

1,670 1,838

Deutsche Bank

1,637 1,810

Credit Suisse

1,580 1,500

Citi

1,555 1,435

Sharps Pixley

1,545 1,750

Goldman Sachs

1,545 1,350

Morgan Stanley

1,487 1,563

Barclays

1,483 1,450

Credit Agricole

1,480 1,318

*2013 forecasts listed from highest to lowest Source: MarketWatch

A Market Watch survey of 10 forecasts shows all predictions for average prices this year are above the current gold prices. Just over half of the 2014 price predictions are above current prices. The pace of gold price declines is likely to slow next year as speculative and exchange-traded-fund selling slows and physical demand picks up at cheaper levels.

CIBC chief executive Gerald McCaughey received a bit of a rough ride at the chartered bank's annual meeting Thursday (Apr 25, 2013) The head of one of Canada's biggest financial institutions was the subject of several complaints from the floor about his compensation and that of the bank's other four named executive officers at the sparsely attended meeting. In a proxy circular sent out last fall, the 2012 total compensation for McCaughey was listed at almost $9.3 million, including $1.5 million in base salary, bonuses and deferred payments. The other four top management executives received an additional $16.2 million. A proxy for the United Church

criticized the pay packages, noting that the last quarter century has seen a massive escalation in compensation for top talent at large companies, and a widening of the income gap among Canadians. Another shareholder said that European countries are moving to rein in executive pay and that Canada

should follow suit. McCaughey responded briefly that the bank is in the process of reviewing their compensation procedures. A spokesman for McCaughey said he would not be available for an interview. United Church's chief financial officer, Erik Mathisen, said the issue of CEO compensation is not going away. The church has been going after the chartered banks, he said, not because they are the worst offenders, but because they have in the past proven to be among the most progressive in the area of governance. They should take a leadership role in the compensation issue, he said. (Source: Canadian Press)

Canada Taking a Back seat in Global Recovery, says S&P “After being a growth leader among advanced economies in 2010 and 2011, Standard & Poor's Ratings Services now sees the country taking a back seat in the global recovery,” said Robert Palombi, a fixed-income analyst at Standard & Poor's, in a report. Lagging could be a hard adjustment for Canadians to make. Between 2007 and 2011, Canada's gross domestic product outperformed U.S. GDP, either through bigger growth or smaller declines. That marked the longest

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stretch of out performance in at least 30 years, according to S&P. A noticeable part of the problem now is that commodities are no longer providing much support to either the Canadian economy or the stock market, where they represent about half of the benchmark index in terms of their weighting. Crude oil has a tough time rising above $90 (U.S.) a barrel, gold is in its first bear market in 12 years and even base metals are struggling – >>Cont. Pg.2

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29 APRIL 2013

DREAMS MONEY &

6

Steps to Keep your Brain Cells Humming a Happy Tune

In addition to getting a proper diagnosis and prompt treatment for symptoms of confusion or memory loss, you can take these six steps to keep your brain cells humming a happy tune: 1. Walk for 30 minutes a day. Regular physical activity is the most important step you can take to prevent dementia—more effective than all other approaches combined. 2. Cultivate calm with meditation, yoga, journal writing, breathing exercises or guided imagery. 3. Pack your diet with fresh produce and brain-friendly omega-3 fatty acids from salmon, trout or 900 milligrams of supplemental DHA daily. Protecting your cardiovascular system keeps the brain supplied with the nutrients and oxygen it needs and reduces the risk of stroke. 4. Aim for brain-friendly levels of cholesterol (HDL above 60, LDL below 100, triglycerides below 100), blood pressure (115/75) and blood glucose (90 to 100 fasting). A low-sodium diet, meditating for 10 minutes a day, avoiding saturated and trans fats, and daily physical activity will help you hit those targets. At 95, Hitler's food taster... From Pg.1 Hitler. He survived, but nearly 5,000 people were executed following the assassination attempt, including the bomber. “We were sitting on wooden benches when we heard and felt an incredible big bang," she said of the 1944 bombing. "We fell off the benches, and I heard someone shouting 'Hitler is dead!' But he wasn't. " She said she returned by train to Berlin and went into hiding. Woelk said the other women on the

food tasting team decided to remain in Rastenburg since their families were all there and it was their home. "Later, I found out that the Russians shot all of the 14 other girls," she said. It was after Soviet troops overran the headquarters in January 1945. When she returned to Berlin, she found a city facing complete destruction. Round-the-clock bombing by U.S. and British planes was grinding the city centre to rubble. After about two weeks of heavy fighting, the city surrendered on May 2 — after Hitler, who had abandoned the

Insure your dreams Weekly Statistics Canada News

NON-FARM PAYROLL IS UP. Average weekly earnings of non-farm payroll employees were $909 in February, up 0.9% from the previous month. On a year-over-year basis, earnings increased 3.1%. The 3.1% increase in earnings during the 12 months to February reflects a number of factors, including wage growth, changes in composition of employment by industry, occupation and level of job experience, as well as average hours worked per week. In February, non-farm payroll employees worked an average of 32.9 hours per week, down from 33.0 hours in January, but up from 32.8 hours a year earlier.

By DR. MIKE ROIZEN & DR. MEHMET OZ 5. Bolster memory skills by playing brain games and being a lifelong learner. Try learning a new language, tackling a new project or interacting with new people and new situations as often as possible. 6. Guard against head injuries: Avoid

RESIDENTIAL PROPERTIES VALUE UP From 2006 to 2011 The total value of residential properties rose in every province from 2006 to 2011. The fastest growth occurred in Saskatchewan (+132.6%), where values more than doubled, followed by Newfoundland and Labrador (+100.0%) and Alberta (+97.0%). The slowest rates of growth were in Prince Edward Island (+40.6%) and Ontario (+42.9%). Even so, Ontario accounted for one-third of the overall growth in the total value of residential properties during the five-year period.

RETAIL SALES ROSE Retail sales rose 0.8% to $39.5 billion in February, a second consecutive monthly sales gain. Higher sales were reported in 7 of 11 sub sectors, representing 82% of total retail trade. After removing the effects of price changes, particularly higher gasoline prices, retail sales in volume terms were flat.

standing on rickety chairs or ladders, teetering high heels or cluttered stairs, and always wear a seatbelt. And if you do bump your noggin good and hard and then have symptoms of confusion or memory loss, get to a doctor, pronto! Drs. Oz and Roizen are authors of YOU: Stress Less.

EXERCISE HIGH BLOOD PRESSURE

(Source: thestar.com)

High blood pressure affects about 1 in 3 American adults and increases your risk of heart disease and stroke. Exercise, weight management, and a healthy diet are important ways to help prevent high blood pressure. Working out also boosts the effectiveness of blood pressure medication if you're already being treated for hypertension. Be sure to check with your doctor before starting a fitness program.

Wolf's Lair about five months before, had committed suicide. His successor surrendered a week later, ending the war in Europe. For many Berlin civilians — their homes destroyed, family members missing or dead and food almost gone — the horror did not end with capitulation. "The Russians then came to Berlin and got me, too," Woelk said. "They took me to a doctor's apartment and raped me for 14 consecutive days. That's why I could never have children. They destroyed everything." Like millions of Germans and other Europeans, Woelk began rebuilding her life and trying to forget as best she could her bitter memories and the shame of her association with a criminal regime that had destroyed much of Europe. She worked in a variety of jobs, mostly as a secretary or administrative assistant. Her husband returned from the war but died 23 years ago, she said. With the frailty of advanced age and the lack of an elevator in her building, she has not left her apartment for the past eight years. Nurses visit several times a day, and a niece stops by frequently, she said. Now at the end of her life, she feels the need to purge the memories by talking about her story. "For decades, I tried to shake off those memories," she said. "But they always came back to haunt me at night."

Canada taking a back ... From Pg.1 and S&P believes that U.S. and Chinese growth won't be strong enough to lift the global economy and drive commodity prices higher. This puts limits on Canadian exporters and could restrain investment spending and hiring in the resources sector. But S&P believes that a potentially bigger drag comes from the domestic economy, where Canada faces declining home prices, rising unemployment, and a combination of easing debt levels and constrained spending – trends that have barely been felt so far. The greater balance between housing supply and demand should drive home prices down by 5 per cent this year. That's the good news. The bad news is that S&P sees a 10to 15-per-cent chance of a darker future, where the global economic recovery falters. In that case, Canada's unemployment rate shoots up to 9 per cent and home prices decline as much as 20 per cent. Either way, Canadian debt levels also look like an obstacle. Debt as a percentage of disposable income has risen to a point where it is considerably larger than U.S. levels. But it is now showing signs of

(SOURCE ; YAHOO NEWS)

stalling, with consumer credit card debt expanding at its slowest pace in 20 years and growth in residential mortgage credit at 12-year lows. “Household earnings are no longer increasing, something that might create stronger incentives for consumers to reduce spending and manage down their debt burdens,” Mr. Palombi said. S&P expects the Canadian economy to expand just 1.7 per cent in 2013, lagging U.S. growth of 2.7 per cent. That's not a disaster, but it could be enough to push investors elsewhere, reversing what had been a strong Canadian draw. The Canadian dollar has also begun to look vulnerable. The loonie has slumped about 8 per cent next to the U.S. dollar since April, 2011. Among stock market sectors, Canadian energy and materials stocks are already mired in bear markets. But even financials, the talk of the world for their relative stability during the financial crisis, have stalled. Industrials and consumer discretionary stocks began to weaken nearly two months ago. Canadian investors have had little reason to diversify abroad in recent years when the home country was seen as a haven. That will change if Canada becomes a laggard. (Source: Theglobeandmail)

2


29 APRIL 2013

DREAMS MONEY &

KNOW THYSELF

How You Can Walk Away From Depression Depression can have many faces. For some, it is a reaction to a specific situation, such as a death of a loved one, work woes, or economic insecurity. Others slip into depression after giving birth (postpartum) or when the weather turns cold and gray (seasonal affect disorder). Then there are those people who suffer from altered brain chemistry that results in a general feeling of sadness with no specific trigger or cause. Regardless of the type or cause of depression, the treatments tend to be the same: anti-depressants, psychological therapy, or a combination of the two. However, there are issues with both solutions. On the antidepressant side, they are not advised for long-term use and frequently have side effects that range from mildly bothersome to downright lethal. When it comes to psychological intervention, many treatments can be both time- and cost-intensive. Given this, many researchers have looked for alternative solutions to treat depression naturally. Of the many therapies studied, one stands out as effective, inexpensive, and easy to implement: exercise. After an exhaustive search of more than 100 studies, researchers focussed on eight that fully met their criteria. These studies included a total of 341

One –Trick Pony Definition of One-Trick Pony: One that is skilled in only one area; Also: One that has success only once There are four areas of life that everyone must address and master in order to be truly successful and not get shot by hungry depressed people: ŸThe Psychological ŸThe Physical ŸThe Spiritual/Relational ŸThe Financial Most people are one-trick ponies. They major in one thing and minor in the rest – oblivious to the fact that four majors are required to graduate the School Of Life. You need to start looking at life more holistically. Wealth is holistic in nature. And only by approaching wealthbuilding on wealth's terms will you ever attain it. What you do in each of the four areas above affects all the others to a degree underappreciated by most. If you're having trouble making progress in one area you can go tinker in other areas that magically unlock the door in the

by Preston Ely

troubled area. Too many of us are focussed strictly on one aspect of life – normally the financial – at the expense of all the others, when what we need to be doing is focussing on all four simultaneously. Ÿ What if we knew our ability to control our weight had a direct correlation with our ability to control our finances? That by mastering our body it would magically become easier to master our money? Ÿ What if the holier we were, the more money we'd have? Just look at Hasidic Jews. They're frigg in loaded! ŸWhat if forgiving that one person could cure us of – or protect us from – cancer? Would you make more money with or without cancer? ŸWhat if the more we focussed on helping people the more our life would just magically turn into something from a movie? ŸWhat if the more money we gave away the more we would have?

By KIMBERLY DAY Contributing Editor, Peak Health Advocate people aged 20 to 73. The participants ranged from students and postpartum women to seniors and people under hospital care. The frequency of walking in these studies ranged from twice a week to daily, while the study periods lasted between 6.2 days and six months, and walking times ranged from 20 minutes a session to 50 minutes. Of the eight studies researchers focussed on, four found that walking significantly reduced depression symptoms. Therefore, after carefully evaluating all factors of the eight chosen studies in the meta-analysis, researchers concluded, “Walking has the potential to produce an effect in reducing symptoms of depression comparable to other forms of physical activity.” They go on to state that walking appears to be beneficial to a wide range of ages, and that neither intensity nor duration seem to be indicative of success. Similarly, indoor and outdoor walking were equally effective. Whether you suffer from depression of any kind or simply want a way to calm your mind and lift your spirits, walking is the name of the game. Start off with just 20 minutes a day at least five days a week.

Food for Thought : “Dreams & Money” “Dreams” can be seen anytime and anywhere – No “Money” needed to see “Dreams”. “Money” can be seen in “Dreams” more often than any other thing – But it cannot be cashed.

Qasim Abbas Educator

So think deeply that whether it is worthwhile to see “Dreams” – though free of charge – which cannot generate any “Money”? Why continue to see “Dreams”? Why not face the reality of life? Work hard. Live life like it is to be lived. Then “Liveable Life” and “Money” will be reality of life, and no “Dreaming” at all.

Daily Soft Drinks Raise Diabetes Risk by 22%, Study Shows Just one soft drink consumed daily can raise the risk of diabetes by 22 percent, a study showed. A mere 12 ounces serving size of sugar-sweetened soft drink a day may increase the chance of developing Type 2 diabetes, the most common form of the disease, according to a study published by Diabetologia. Consumption of sugar-sweetened beverages, on the rise in Europe, induces rapid spikes in blood sugar levels and in insulin secretion, leading to insulin resistance, one of mechanisms which causes diabetes, according to the authors of the study published on Diabetologia, the journal of the

EXTRA VIRGIN OLIVE OIL This Oil, made from the first press of olives, is especially rich in heart healthy antioxidants called polyphenols, as well as healthy monounsaturated fats. When olive oil replace saturated fat (like butter), it can help lower cholesterol levels. Polyphenols may protect blood vessels. Tips: Use for salads, on cooked veggies, with bread. Look for coldpressed and use within six months. 3

European Association for the Study of Diabetes. Consumption of sugar-sweetened soft drinks “increases your risk of developing diabetes beyond the effect

on body weight. “You may remain thin and still have a higher risk of developing diabetes.” (Source: Bloomberg)


29 APRIL 2013

Housing Market

DREAMS MONEY

From Perrii’s Blog: www.perrii.com

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Thumb Rules And Basic Ideas For First Investment Property

Editor-in-Chief & Publisher Perrii Muthuraman Direct : 416 473 6100

Editor & Technical Advisor Aishwar Muthuraman DISCLAIMER Dreams and Money takes care to present all the information as accurately and efficiently as possible. Any advice or recommendation appearing in the paper is also part of information only. They should not be construed as an expert opinion. Please note that no representation or warranty with respect to the accuracy or the completeness of the information is given. Information always keeps changing. Hence all the information, including advice and recommendations are to be treated as of general nature only. For your specific circumstances, you are always advised to consult an expert before acting on any information.

unsolicited articles & community news are welcome selected ones will be published email : editor@dreamsandmoney.com Web : www.dreamsandmoney.com Copyright © 2010 Dreams and Money, Canada. All Rights Reserved.

THE MISSION At Dreams & Money, we want to help people lead happy lives. We want to help people reach their dreams. A lot of dreams in the world require financial awareness and proper planning to bring to fruition. To get this financial knowledge can be challenging. We realize this, and want to make this process simpler. We will bring you financial news happening around you that impacts you, along with timeless classics on topics like financial planning, life skills, health etc. to help you grow all around to reach your dreams. If you are someone who shares this same passion, and think you can contribute to us in any way (writing articles, spreading the message etc.), please let us know. We’ll be happy to hear from you.

By Perrii Muthuraman

Media is suggesting that the property prices will drop anywhere between 5 and 25 per cent; but the reality is different, particularly for residential homes other than condos. If your intended holding period is long enough, you should be fine, even if you invest now in Toronto. The truth is that it is very hard to be a market timer. Certainly investing in property is NOT a get-quick-rich program. Here're some thumb rules, basic ideas and facts. 1. Know Real Estate has Cycles. Recent Real estate cycles occurred in 2004 (when changes in rent control were announced) and then in 2008.Presently condo market seems to face some correction in Toronto. 2. Know yourself and your own tolerance for risk. What is your investment goal? Do SWOT (Strength Weakness Opportunity and Threat) analysis. What is your current savings and cash-flow? How comfortable are you with the instability of value and irregular cashflows? 3. Decide how you want to do Real Estate investing? Alone or along with other like-minded people or both. If you join hands with others, what the partner is bringing in? (Money, Time or

Innovative Realty Inc., Brokerage*

Expertise or what?). Also decide the legal form of ownership. 4. What type of investment are you planning? Condo, Town homes, Bungalows - New or Resale? With proper planning and implementation,

your real estate investment could become a portfolio in a span of 5 to 7 years. 5. Know the basics and be willing to get educated on the following. ŸReal Estate ŸMortgage 6. Pre qualify yourself for

mortgages and talk to a reliable mortgage broker/bank. If you can put 35% down payment, most of the time getting a mortgage with a reasonable credit score should not be a problem. Mortgages may even be available with 10 per cent down payment. Know the cost and relevance to you in advance. 7. Look for properties in good areas with excellent sustainable tenancy prospects. An experienced realtor can help you 8. Think of what if scenarios. E.g if mortgage interest rate goes up from the present level, will the investment be sustainable over a period of 10 years? Or if there are no tenants for 3 or 6 months, will cash flow be a problem or manageable. 9. Don R.Campbell recommends three pillars—Systems, Relationships and Follow through-- for Real Estate investing; are they in place? If not ŸDevelop/ learn proper systems (or check lists for every known step and situation); look for specifics and details. ŸHave trusted, knowledgeable and accessible team. (Discounted team = Discounted Profit) and ŸFollow the system. It means that you take decisions based on facts and NOT on emotions. If things are not happening, that's o.k. >>Cont. Pg.6

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29 APRIL 2013

GTA Housing Market

DREAMS MONEY &

BUYING OR SELLING – DO IT WITH GREATER CONFIDENCE Here is the General Real Estate Trend for GTA For specific areas – like your area where you want to buy or sell - call PERRII at 416 473 6100 for detailed analysis and free presentation.

HISTORIC SALES AND PRICE DATA

I

MARKET WATCH Condo Market and Rents in Q1 First let us look at the Condo market sales. Greater Toronto Area REALTORS® reported 4,133 condominium apartment sales through the TorontoMLS system during the first quarter of 2013. This result was down by approximately 17 per cent in comparison to the first quarter of 2012. New listings of condominium apartments were also down on a year-over-basis in the first quarter, but by a lesser annual rate of five per cent. The average price for first quarter condominium apartment sales was $332,846 – down by 0.5 per cent compared to the same period in 2012. To put simply, market provided more choice for condo buyers and difficult times for sellers. But the story is different with regard to rents. Greater Toronto Area REALTORS® reported a substantial increase in the number of condominium apartments rented through the TorontoMLS system in the first quarter of 2013. There were 4,277 condominium apartments rented – up by almost 13 per cent on a year-over-year basis. The total number of rental properties listed on TorontoMLS during the first quarter was up by more than 25 per cent year-overyear to 8,816. “Demand for rental condominium apartments remained strong during the first quarter of the year. People looking for higher end rental accommodation, including those who have temporarily put their decision to purchase on hold, were likely driving rental activity during the first three months of the year,” said Toronto Real Estate Board President Ann Hannah. The average monthly rent for one-bedroom condominium apartments in the first quarter was $1,597 – up by almost four per cent compared to Q1 2012. The average two-bedroom condominium apartment rent was up by slightly more than one per cent over the same period to $2,114. Finally, here's my advice. For owners, it is a better time to rent the condo. For buyers, you have more choices now. But as you know, always there are exceptions to any rule. This advice is of general nature. Your individual circumstances may need a different advice. For a free consultation, contact Perrii at 416 473 6100.

MONTHLY STATISTICS II

2013 Sale

January February March April May June July August September October November December Annual/year to date

Avg Sale Price

4,280 $482,331 5,759 $510,580 7765 $519,879

2011

Sale

Avg Sale Price

Sale

Avg Sale Price

4,432 6,809 9,385 10,022 10,546 9,130 7,339 6,250 5,687 6,718 5,627 3,595 85,540

$462,655 $500,249 $500,875 $515,869 $514,550 $507,361 $475,507 $477,174 $501,326 $502,060 $484,503 $478,700 $497,186

4,199 6,057 8,985 8,778 9,766 9,959 7,683 7,330 7,421 7,425 6,908 4,585 89,096

$425,762 $453,355 $456,254 $476,802 $485,362 $474,223 $458,646 $450,323 $463,976 $474,241 $477,582 $449,566 $465,014

Sales & Average Price By Major Home Type – March 2013

III

Sales 416 905 Detached 975 2,794 Semi-Detached 314 573 Townhouse 300 884 Condo Apartment 1,266 505 IV

2012

Total 3,769 887 1,184 1,771

416 $846,828 $607,334 $450,104 $367,595

Average Price 905 Total $592,265 $658,118 $403,031 $475,355 $369,590 $389,990 $278,984 $342,327

YEAR –OVER-YEAR SUMMARY FOR THE MONTH OF MARCH

Sales New Listings Active Listings Average Price Average Days On the Market V

Region

2013 7,765 14,728 18,3841 $519,879 24

2012 9,385 16,191 6,920 $500,875 21

2011 8,986 15,224 16,563 $456,234 23

Notes 1.New listings mean listings during the reporting period entered. 2.Active listings mean listings as at the end of the reporting period.

VI

Monthly Sales Report - March 2013 Area Average Benchmark Index One 3 Months 6 Months 1 Year Sales Price $ Price (HPI) Month 615 $ 603,882 527,500 160.8 1.84 3.08 2.62 4.62

Halton (Burlington, Halton Hills, Milton, Oakville) Peel (Brampton, 1,670 454,011 403,500 147.5 1.24 Caledon, Mississauga) Toronto (City of Toronto) 2,891 564,793 508,600 155.2 1.37 York (Aurora, King, 1,405 614,216 548,600 159.3 1.21 Markham, New Market, Richmond Hill, Vaughan, Whitchurch - Stouffville etc) Durham( Ajax, Brock, 948 347,055 315,800 134.2 1.98 Clarington, Oshawa, Pickering, Whitby etc) Duffer in County (Orange ville) 47 313,274 321,300 140.2 -0.50 Simecoe County 189 358,470 293,300 138.0 044 Total 7765 $519,879 463,400 151.9 1.40

1.58

1.30

4.09

1.70 2.25

0.78 1.34

1.50 2.71

2.52

2.60

6.17

-0.21 2.22 1.95

-1.20 0.58 1.20

3.77 5.91 2.91

Year

3. MLS® HPI provides a more precise picture of home price trends in a given region, municipality or neighbourhood than the average prices.

Weekly Sales Report - April 25, 2013 Area Average Sales Price $ 278 $578,935

Halton (Burlington, Halton Hills, Milton, Oakville) Peel (Brampton, Caledon, Mississauga) 537 Toronto (City of Toronto) 918 York (Aurora, King, Markham, New 412 Market, Richmond Hill, Vaughan, Whitchurch - Stouffville etc) Durham (Ajax, Brock, Clarington, 279 Oshawa, Pickering, Whitby etc) Duffer in County (Orangeville) 18 Simecoe County 64 Total 2,432

473,582 570,048 606,506

344,752 387,444 354,041 522,788

(Source: TREB) 5


29 APRIL 2013

INVESTING

DREAMS MONEY &

Global and Indian Market Weekly Review - Week Ended 29 April 2013 Review of Global markets European, Asian and US markets traded positive at the beginning of the week just gone by and ended with mixed note on Friday. Market rallied led by Japanese exporters as the yen slid to a four-year low against the US dollar after the Bank of Japan's stimulus policies were unopposed at a Group of 20 meeting. Earnings from some of the region's heavyweights added pressure, offsetting hopes for a rate cut at the European Central Bank's policy-setting meeting next week. Chinese manufacturing expanded less than economists estimated weighed on sentiment. Although economic data from Europe was largely disappointing, commentary from the region overshadowed the data. Corporate-earnings reports and data showing a sharp drop in weekly jobless claims also supported the market trend. Indices rose as jobless claims fell and earnings topped forecasts, while the pound strengthened against the dollar after data showed the U.K. economy avoided a triple-dip recession. U.K. economy expanded 0.3% in the first quarter, avoiding a triple-dip recession and beating estimates of a 0.1% improvement. In US, initial claims level fell to 339,000 for the week ending April 20 from an upwardly revised 355,000 (from 352,000) for the week ending April 13. China's manufacturing is expanding at a slower pace this month, adding to concern that the world's second-biggest economy is faltering. The preliminary report for a Purchasing Managers' Index showed a reading of 50.5 for April Thumb Rules and Basic... From Pg.4 Patience pays. Quality property = Quality Tenant = Quality Cash flow. 10. If facts and fundamentals are not suitable, don't investment. Fundamentals include Ÿ One of the top city/town in the province (If you decide to invest in Toronto, then select the proper area). ŸAverage income of the place has to be higher than the provincial average. ŸTransportation and other economic expansion activities are above average. ŸIncreasing demand due to vibration of the city is noticed ŸPlace is undergoing transition ŸLocal political environment is very favourable ŸComposition of the population and general appeal of the area indicates growth ŸAffordability to buy at that place (RBC Index may be a good indicator for this)is more. 11. Some more points to ponder: ŸInvestment value and market value need not be the same. Investment value is the value through the (trained) eyes of the individual investor. ŸIt mainly focuses on periodic cash

compared with a final 51.6 for March. Euro-area services and manufacturing output contracted for a 15th month in April as the currency bloc struggled to emerge from a recession. A composite index based on a survey of purchasing managers in both industries held at 46.5

M.Shekar

manufacturing and services sectors, monthly auto sales data, Reserve Bank of India's Monetary Policy Statement 2013-14 and monetary policy meeting of the European Central Bank will dictate trend on the bourses during truncated trading week. The stock market remains closed on Wednesday, 1 May 2013, on account of Maharashtra Day. Shares of auto firms will be in focus as automobile companies will start unveiling sales volume data for April 2013 from Wednesday, 1 May 2013. Markit Economics will unveil HSBC India Manufacturing PMI, which gauges the business activity of India's factories, for April 2013 on Wednesday, 1 May 2013. Slowing wholesale price inflation has raised expectations that the Reserve Bank of India (RBI) will cut its key policy rate viz. the repo rate to boost

Review of Indian markets Indian Markets edged higher during the last week as slowing wholesale price inflation has raised rate cut expectations. The market gained in three out of four trading sessions in the week just gone by. IT stocks were the key losers during the week on weak economic data in the US, the biggest outsourcing market for the Indian IT firms. Sensex gained 1.42% to 19286.72 and Nifty gained 1.52% to 5871.45 for the week ended 26 Apr. 13. Inflation based on the monthly wholesale price index (WPI) eased to the lowest level in 40 months at 5.96% in March 2013, and sharply lower than 6.84% in February 2013. Non-food manufacturing inflation or core inflation slowed further to 3.41% in March 2013 Market outlook – week begins from 29 April 2013 Market may follow decision taken by RBI in its forth coming review meeting. The next batch of Q4 March 2013 results, monthly data on the

economic growth. The (RBI) will announce the Monetary Policy Statement 2013-14 on Friday, 3 May 2013. Among the key global events, the European Central Bank's (ECB) Governing Council meets in Bratislava on Thursday, 2 May 2013, to review euro area interest rates. The ECB is seen cutting euro area interest rates by 25 basis points to a record low of 0.5% amid the euro zone's worsening economic outlook and subdued inflation The more defensive end of the market is what's performing the best. The lower P/E, and higher dividend stocks would become best choice of investment, under volatile circumstances. We structure and manage investment portfolio for NRI, Foreign investors, QFI according to their needs and financial goals. We also train people to manage their investment portfolio independently. Further details: shekarm@indiafinancebazaar.com www.indiafinancebazaar.com |www.ifmaonline.com Ph : +91 9380034431/9962534431

TSX is Set to move Upward or Downward? TSX Trend From Apr.22, 2013 to Apr.26, 2013

flow. Ÿ Better to consider initial invest-

ment, estimated holding period and sale proceeds. ŸIf your operating expenses + debt service equals your gross operating income, you are at Break Even Level (meaning : no profit no loss situation) Ÿ Most investors will consider the investment if the cash flow is 8 % or more. i.e Gross Annual Rent/Purchase price X 100 = 8% or more Ÿ Shortlist the selected properties; note down pros and cons of each property; do your due diligence. Let your power team work for you. How, Perrii, Realtor can help you? Perrii understands and enjoys working with investors as a Personal Financial Planner (PFP) and a Realtor. He not only helps you to find properties below market value, but also guides you in the whole process. He can also assist you to form your power team consisting of mortgage broker, lawyer and all others, if needed.

TSX Trend From Apr.27, 2012 to Apr.26, 2013

Source : Yahoo Finance

PERRII MUTHURAMAN MBA Sales Representative Century 21 Innovative Realty Inc Direct: 416 473 6100, Email: Perrii@perrii.com www.perrii.com 5

The Toronto Stock Exchange's S&P/TSX composite index closed at 12,233.41 (previous week: 12,065.55) . The index advanced 1.3 percent for the week. Steep declines in the energy, gold and metals sectors on Friday took back some of the gains seen earlier in the week. U.S. government reported that gross domestic product grew at an annualized rate of 2.5% in the first quarter. Economists had expected growth of 3%. Despite coming in below expectations, U.S. GDP growth for the first three months of 2013 was still much better than the 0.4% reported in the final quarter of 2012. The Canadian dollar was at 98.34 (previous week 97.44) cents US. The Dow Jones industrials closed at 14,712.55 ( last week 14,547.51), the Nasdaq at 3,279.26 (last week 3,206.06 ) and the S&P 500 index was at 1,582.24 (last week 1,555.25).


29 APRIL 2013

ADVERTORIAL

DREAMS MONEY &

BUY A LUXURY VILLA IN

CHENNAI, INDIA

Old Mahabalipuram Road (OMR) is the most investment centric and upcoming suburb in Chennai, INDIA. We present to you an exclusive and premium high end Villa community - ONE WORLD located in close proximity to OMR. This is destined to be the next preferred high-end luxury private residence ! Exclusively designed and presented to you by the Real Estate arm of India’s largest media conglomerate with over 175 years of rich legacy. ONE WORLD is specifically designed taking into perspective contemporary design, luxury and space into account. Own one of the 150 signature villas, which range from 3, 4 and 5 Bedroom Villas tastefully fashioned with emphasis on high end luxury and designed by internationally renowned International interior designers. EXCLUSIVE OFFER IN PLACE FOR DREAMS & MONEY SUBSCRIBERS AND READERS.

In the next five to seven years, the appreciation value of a villa will rise by 150-200 per cent. If an individual currently in the middle-income group buys a villa now, when it is relatively affordable, he may fall into the high-income group when the prices shoot up,” said N. Nandakumar, governing council member of the Confederation of Real Estate Developers’ Associations of India. Villas have existed on East Coast Road for several years now, catering exclusively to high-income groups. But now, they come at a modest price in areas like Navalur on Old Mahabalipuram Road (OMR), Singaperumal Koil, Sriperumbudur and GST Road, say experts” - Article from an independent leading daily in Chennai, INDIA

PROJECT OVERVIEW:

AMENITIES

s Located on the Vandalur – Kellambakam Road s Villa Types : 3 ( A, B,C) s Spread over 24 Acres – Exclusive 150 Villas s Size : From 4,200 Sq Ft to 7,500 Sq Ft ( Built up area) s No. of beds : 3,4,5 s No. of Companies in proximity - 75 approx s Infrastructure 4 lane road s Intl Airport 23 kms s City Centre 30 kms s Amenities World Class

s Furnished homes (Modular Kitchen & Wardrobes) s Power Backup s RFID secureed Wi-Fi campus s 5 Star Club House s Business Centre & Guest Suites s Café lounge s Health Spa & Salon s Gold putting Greens s Squash & Tennis Court s Swimming Pool s State of the Art Gymnasium

Perrii on Ph: 001 416 473 6100 or email: perrii@dreamsandmoney.com Contact

* Prices subject to change without prior notice.

Nestled in the hottest investment destination of Chennai is ONE WORLD. At Vandalur - Kelambakkam Road, with proximity to OMR and GST Road, ONE WORLD is just throw away from various IT parks, SIPCOT, Cyber city etc. Due to these development in recent the area has seen a jump in real estate prices as much as 100% since 2008. With the trend continuing, ONE WORLD provides you an opportunity to see your investment proliferate. A smart investor will watch out for such opportunity & buy at the right time and avail the benefits of a promising future.”

ONE WORLD - VILLA TYPE & SIZE Type

Plot Size

A B C

40’ X 60’ 50’ X 70’ 70’ X 70’

Plot Area (Sq Ft) Built up area ( Sq Ft) 2400 3500 4900

4602 5823 7445

Pre-launch Price ( 8000 per sq ft) Rs. 3,68,16,000 Rs. 4,65,84,000 Rs. 5,95,60,000

Value for your money Aura – Another villa project at Chennai Exclusive discounts are available for Dreams & Money Readers and Subscribers It’s a Group Housing. Approval by DTCP. 1651 SFT-(Type-A) comes with 4 Bedroom and 4 washroom REGULAR PRICE: Rs 3600 per sq.ft plus other charges. LIMITED TIME SPECIAL OFFER: Rs.3000 Per Sq.ft plus other charges.

AURA – AT THE HEART OF THE IT CORRIDOR Nestled in the hottest investment destination is “Aura Boulevard” at the heart of Medavakkam Mambakkam Road. You can leave the cares of the city behind and not its conveniences, with proximity to important landmarks on that stretch, makes it a much sought after location for property seekers and smart investors. The location of the project ensures you are insulated from the noise, dirt and pollutions of the city life. AURA BOULEVARD – YOUR PERMANENT ADDRESS IN THE FUTURE An ultimate investment destination for home buyers! AURA BOULEVARD, A gated community of embellished with blissful natural surroundings, landscaping, best of facilities and a chance to live life luxuriously. An awe-inspiring project with luxurious villas that helps you move away the concrete jungle to a world where quality, comfort and aesthetics meet world class construction. Unravel an expression of the luxury of these villas in Chennai at a beautiful stretch of 6.15 acres, which brims with modernity and finery. YOUR CHOICE OF VILLAS AURA BOULEVARD villas are thoughtfully planned with a feeling of elegance and promises you a sophisticated lifestyle. You can choose from amongst 4 different villa variants. All the villas are constructed with best archetypes and materials with great attention to details. Our villas are specifically planned to provide maximum value and lifestyle that you are worthy of! From a modest built up of 1,500 sq ft to spacious 2,000 sq ft, there is enough room for your dreams to be unraveled.

Proposed Amenities:

Schools in Vicinity:

s Club house s Swimming pool s Gymnasium s Multipurpose hall s Department store s Pharmacy s Indoor & out door games s Childrens play area And much more amenities.

s Delhi public school s PSBB millennium school s Sushil hari international school

Hospital in Vicinity: s Chettinad Hospital s Tagore hospital s Global hospital s Annai Theresa hospital s Suraj hospitals s Medavakkam primary health center s 24 hrs clinic in ponmar

s Zigma matriculation school s Vidhya matric higher secondary school s CHRIST the king hr sec school s Balavidhya mandir s HLC International school DISTANCE TABLE VIT Medavakkam Velachery OMR Navalur Vandalur - Kelambakkam Road Tambaram Airport Siruseri Sipcot Kelambakkam Chettinad Health City

For details contact: perrii@dreamsandmoney.com or Phone 001 416 473 6100

6 Kms 7 Kms 14 Kms 8 Kms 3.3 Kms 10 Kms 17 Kms 7 Kms 10 Kms 8 Kms

Dreams & Money: April 2013 Issue 5  
Dreams & Money: April 2013 Issue 5  

Dreams & Money: April 2013 Issue 5

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