Jack's Weekly Financial Planning lip
Q. I've atways heard I'm taking a lisk invescing in the stock market. Is that really the case?
A. Let's compare the growth of various investments over the last IS years and determine where the real risk was.
As the accompaning graph portrays, a $1,000 investment in Canada Savings Bonds would have grown to $3,381 in the last IS years. The same investment in 5 year G.I.C.'s didn't fare much better growing to $3,767. However, a well diversified portfolio of investments in a broad based stock market like the S & P 500 grew to $9,663.
The real risk over this time period was not in the stock market but in being out of the stock market.
Value of $1,000 Over the last 180 Months
April 30, 1996
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Dead-end jobs are the cold reality
For many new Jewish immigrants, jobs are far and few between — but not by tlieir choice
ROBERTA STALEY STAFF REPORTER
Dr. Zoran Djuricic makes $7 an hour working the phone lines as a part-time telemarketer. After three years in Canada, it's the only job the former family doctor and occupational medicine professor from the former Yugoslavia can find.
Mr. Djuricic is looking for other work. His English skills are now better than high-school level. And he's made efforts to re-en-
physiology and occupational medicine. To date, her only luck at landing a medical-related job was teaching anatomy for a semester three years ago.
The couple and their children, Srdjan, 16, and Jana, 9, fled a devastated homeland in 1992, applying for landed immigrant status at the Canadian consulate in Belgrade. Mr. Djuricic said they signed papers acknowledging they wouldn't be recognized as
Jasna and Zoran Djuricic display ttieir medical degrees — considered invalid here in Canada.
ter medicine at the bottom rung by training as a nurse's aid. "For two years I have tried to find a job in this field. They didn't tell me, but I have this feeling they felt I was overqualified. It's easier for supervisors to have someone less knowledgeable than them," he said.
The 49-year-old and his family are being sponsored in Vancouver by Beth Israel synagogue. Mr. Djuricic is now studying to attain an ECG or electrocardiography technician's diploma. His wife. Dr. Jasna Djuricic, 46, has already written her ECG exam while cramming for the Canadian medical exam. She too spent years in the war-torn former Yugoslavia training as a family physician before specializing in
physicians. "The man in the embassy said I could work as a nurse, but it was the wrong information."
They didn't realize they were signing away a lifetime of hard work and scholarly achievement.
Because the family can't survive on Mr. Djuricic's telemarketing wage, the family lives on $1,200 a month from social assistance. "In Yugoslavia, we lived better than we do here," said Mr. Djuricic, who arrived virtually penniless because Sarajevo banks refused to release the family savings. "I can do some good for this country. Instead I waste government money."
But there's no question of returning to Sarajevo. In Canada, at least his children won't become