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How To Build A Healthy Portfolio With Lower-Risk Investments – Forbes



“Make money fast.” It’s the siren song that causes far too many people to invest their savings into trends. Even cryptocurrency, for all its promise, can’t promise a high rate of return—at least not yet. 

What’s the average investor to do, then? Two things come to mind.

Paths to Multiplying Money Securely

First, execute patience. Staying on top of personal finances for the long haul requires some determination. Scott Shrum, president and COO of Hennessey Digital, is fond of a quote coined by Jack Bogle, Vanguard founder: “Forget the needle. Buy the haystack.” 

Consequently, Shrum believes in putting certainty and steadiness over hype. “Buying a basket of stocks — and then holding onto it even when the market drops — always wins out in the long run,” he says. “This gap in performance isn’t slight, either — passive investors outperform their more active counterparts by six to seven percentage points per year.” 

Remember: Most worthwhile investments don’t pan out in the short-term. Rather, they keep growing at a steady rate over years, decades, or even a lifetime.

Secondly, look for suggestions from people who’ve been-there, done-that. These don’t have to be individuals in the banking or Wall Street industries, either. Anyone who’s been a successful personal or corporate money manager can speak intelligently about preferred routes to building wealth safely. 

Below are several recommendations from smart professionals to get you started on building a diversified, healthy portfolio.

Steer Clear of Fad Purchases

The old saying still rings true: “If it sounds too good to be true, it is.” That’s why John Hall, CEO of John Hall, focuses his money on low-risk investments. As such, he eschews day trading and stays out of the bitcoin fray. Instead, he concentrates on finding vehicles that will help his family achieve their objectives. 

For instance, Hall recommends putting dollars into college funds. “If you’re a parent like me, you’ve probably been looking out for your kids from the very beginning,” he explains. “Investing in your child’s continued education is a helpful investment.” Some funds, like 529 savings accounts, can offer tax benefits, too.

Of course, not all young people decide to continue in higher education after high school. Hall acknowledges that fact by doubling down on his strategy. “Should your child choose not to go to college, the money can be repurposed to another beneficiary who wants to go to school,” he says. That could include another child, a spouse, a relative—or maybe even you. 

Lean Into Real Estate

Though flipping properties can be a danger for dabblers, real estate can also be a winning way to add wealth. After all, land is finite, which makes it valuable. Plus, you may be able to accrue money over time if you’re willing to take the landlording route.

Kurt Carlton, co-founder and president of New Western, sees long-term rentals as an attractive secondary income source. According to Carlton, “Long-term rentals can be a great way to earn consistent passive income while the value of your property continues to appreciate.”

Is there a risk associated with buying and holding real estate? Absolutely. But as Carlton points out, “In general, land and property tend to appreciate. That’s one of the reasons why real estate has ranked as the top investment pick for the majority of Americans since 2013.” Just make sure any property you purchase is reasonably priced and likely to increase in market value.

Put Aside Money Into Retirement Vehicles

Misty Larkins, president of Relevance, knows how exciting investing in stocks can be. Still, she prefers to take a longer view with her money. “Trending stocks do just that — trend,” she says. “Then they plummet, which leaves you with a significant investment that you’ll likely never have a return on.”

What’s Larkins’ alternative to socking away dollars in stocks that might tank? She’s a firm believer in 401(k)s and related vehicles. And she’s not swayed by the fact that a 401(k) lacks the sizzle of a stock’s ups and downs. “I don’t care how boring it is because planning is a priority for me. The better I can plan well into the future, the less I need to worry later on,” she says. 

Yenn Lei, head of engineering at Calendar, agrees with Larkins’ approach. “I’ve seen so many people who were too quick to invest in things like GME (GameStop

) stock,” he notes. “Popular stocks only do well because they get talked up. I’d much rather be investing in something long-term, like life insurance. It’s a more thoughtful investment that goes a long way for your loved ones in the future.”

The founder of ETL Robot, Steve Gickling, rounds out Larkins’ and Lei’s conservative, security-filled, “golden years” approaches. “I would rather invest in something that’s going to help improve my future,” notes Gickling. “Having something like a fixed annuity is a wise, low-risk financial investment. If I were to use one, I would be thanking myself when retirement funds run out, because I would still be receiving a life-long continued income.”

Spend Money Today to Improve Your Health Tomorrow

Everyone moans and groans about the rising cost of healthcare. However, many people forget about an investment route to lower their overall care costs: An HSA. 

Many employers offer HSAs, or health savings accounts, to their employees as benefits. Yet workers often forget that HSAs can be seen as a type of wealth-building tool. “It’s not a typical place you would think to look, but it pays off in the end,” explains Stephen Dalby, founder of Gabb. “You gradually add money to your HSA over the year and can use it for health expenses, including over the counter drugs. Add the maximum amount you’re allowed to annually and save what you don’t use for your future retirement or a larger-than-expected medical bill.” 

Go Into Investment Trends With Eyes Wide Open

Still interested in putting some dollars toward trends that seem ready to explode? Rather than going with a fad that’s wholly unproven, find one that’s shown stability and longevity. Take the senior care industry, for instance. It’s an investment consideration that attracts Jason Zuccari, vice president, business development and external relations of Hamilton Insurance Agency.

“Investing in the senior housing vertical, via real estate or insurance, is certainly not as provocative or exciting as dogecoin, but it is a sure long-term bet,” explains Zuccari. “Demand in the senior care industry has seen steady growth and that trajectory is forecasted to continue upwards as better healthcare translates to longer life spans.”

Chalmers Brown, CTO of Due, feels similarly. “Investing in a very low-value cryptocurrency 

with long-term growth expectations, like IOT (Internet of Things), is wise,” says Brown “Since the world is becoming increasingly reliant on the Internet of Things, this is a more stable investment that is expected to grow steadily through the years as devices that utilize IoT are expanding across the globe.”

Most people who are sitting comfortably haven’t treated wealth management like a trip to Vegas. They’ve taken time to invest wisely and look ahead to the future. As tempting as “get rich quick” sounds, it’s never as comforting as growing money safely feels.

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HomeFirst Home Healthcare secures investment from Fulcrum – PE Hub



Harpeth Ventures also participated in the investment.

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Stone Investment Group Provides Update to Closing of Transaction With Starlight Capital – Yahoo Finance



Stone Investment Group Limited

TORONTO, June 23, 2022 (GLOBE NEWSWIRE) — On June 22, 2022, Starlight Capital Investments LP (“Starlight Capital“) issued a press release announcing that as of yesterday’s date, Stone Investment Group Limited (“SIG” or the “Corporation“) had not yet satisfied the closing condition (the “AUM Condition“) to maintain a minimum of $630 million of assets under management (“AUM“) in its public mutual funds (the “Stone Funds“) and managed accounts as required pursuant to the arrangement agreement dated April 7, 2022 between SIG, Starlight Capital, Stone-SIG Acquisition Limited, 13613429 Canada Inc., and 13909841 Canada Inc., as amended May 6, 2022 (the “Arrangement Agreement“). Starlight Capital went on to state that if the AUM Condition is not satisfied prior to June 30, 2022, it does not currently intend to complete the transactions pursuant to the Arrangement Agreement unless at least 10,500 of Stone’s outstanding 9.0% senior unsecured debentures (the “Debentures“) are irrevocably deposited by 5:00 pm on June 24, 2022 to the offer launched on November 29, 2021, as amended, by Stone-SIG Acquisition Limited for $800 per Debenture (as amended on December 15, 21, 22 and 27, 2021, and January 28, March 31 and May 19, 2022, the “Stone Offer“).

As the Corporation has previously announced, the Stone Offer remains open for acceptance until June 30, 2022.

The Corporation wishes to clarify that the decline in AUM is a function of the sharp decline in global capital markets over recent weeks and is not a reflection of the relative performance of the Stone Funds and managed accounts. Stone Asset Management Limited, portfolio manager of the Stone Funds and managed accounts, together with all of the subadvisors, remain confident that the investment portfolios are being managed appropriately in the circumstances.

Richard Stone, President and CEO of the Corporation, said: “Everyone knows the global capital markets are in a period of precipitous decline. When we signed the Arrangement Agreement on April 7, we were comfortably over the AUM threshold. It is unfortunate that the collapse of the global markets began just weeks before our scheduled closing date. Given the timeline for approval from shareholders, the court and the regulators, there was nothing we could do to accelerate the transactions. Despite this challenge, the firm, its managers and subadvisors remain steadfastly dedicated to the best interests of the investors in the Stone Funds and our managed account clients. While the circumstances are certainly less than ideal at the moment, we remain optimistic that the transaction with Starlight Capital will be completed and we continue to work toward merging our operations. We are doing everything we can to get this done.”

To demonstrate his own commitment to completing the transaction, Mr. Stone has executed and delivered a letter of transmittal to deposit under the Stone Offer all 728 Debentures that he beneficially owns, subject to acceptance in conjunction with the closing of the transactions pursuant to the Arrangement Agreement. He added: “I firmly believe that this is the right transaction for the company. I am prepared to do what I can to see it through to successful completion.”

In addition to Mr. Stone’s Debentures, the Corporation has also received a firm commitment for the deposit of a further 336 Debentures on the same terms as Mr. Stone’s deposit. Management and the board are hopeful that other Debentureholders, particularly significant Debentureholders, will support the transaction and follow Mr. Stone in depositing additional Debentures to the Stone Offer.

About Stone Investment Group Limited

The Corporation is an independent wealth management Corporation. The Corporation, through its wholly owned subsidiary, Stone Asset Management Limited, structures and manages high quality investment products for Canadian investors.

For more information:

Stone Investment Group Limited
Richard Stone
Chief Executive Officer
416 867 2525

Disclaimer for Forward-Looking Information

Certain information contained in this press release may contain forward-looking statements within the meaning of applicable securities laws. The use of any of the words “continue”, “plan”, “propose”, “would”, “will”, “believe”, “expect”, “position”, “anticipate”, “improve”, “enhance” and similar expressions are intended to identify forward-looking statements. More particularly and without limitation, this document contains forward-looking statements concerning: the acquisition of the Corporation by Starlight Capital; the completion of the transactions contemplated in the Arrangement Agreement, the Debentures, the Stone Offer, whether further Debentures will be tendered to the Stone Offer, whether the AUM Condition will be satisfied under the Arrangement Agreement and whether Starlight Capital will complete the transactions contemplated under the Arrangement Agreement.

Forward-looking statements necessarily involve risks, including, without limitation, risks associated with the ability of the parties to the Arrangement Agreement to satisfy their closing conditions, general business, economic and social uncertainties; the ability of the Corporation to continue as a going concern; the ability of the Corporation to continue to realize its assets and discharge its liabilities and commitments; the Corporation’s future liquidity position, and access to capital, to fund ongoing operations and obligations (including debt obligations); the ability of the Corporation to stabilize its business and financial condition; the ability of the Corporation to implement and successfully achieve its business priorities; the ability of the Corporation to comply with its contractual obligations, including, without limitation, its obligations under debt arrangements; the general regulatory environment in which the Corporation operates; the tax treatment of the Corporation and the materiality of any legal and regulatory proceedings; the general economic, financial, market and political conditions impacting the industry and markets in which the Corporation operates; the ability of the Corporation to sustain or increase profitability, fund its operations with existing capital and/or raise additional capital to fund its operations; the ability of the Corporation to generate sufficient cash flow from operations; the impact of competition; the ability of the Corporation to obtain and retain qualified staff, equipment and services in a timely and efficient manner (particularly in light of the Corporation’s efforts to restructure its debt obligations); and the ability of the Corporation to retain members of the senior management team, including but not limited to, the officers of the Corporation.

Events or circumstances may cause actual results to differ materially from those predicted, as a result of the risk factors set out and other known and unknown risks, uncertainties, and other factors, many of which are beyond the control of SIG. In addition, forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information but which may prove to be incorrect and which have been used to develop such statements and information in order to provide stakeholders with a more complete perspective on SIG’s future operations. Such information may prove to be incorrect and readers are cautioned that the information may not be appropriate for other purposes. Although the Corporation believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Corporation can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified herein, assumptions have been made regarding, among other things: the impact of competition and the general stability of the economic and political environment in which SIG operates. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. Furthermore, the forward-looking statements contained herein are made as at the date hereof and SIG does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

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British International Investment plans $200 mln investment in Africa hydropower –



LONDON, June 23 (Reuters) – The UK government’s development finance institution British International Investment (BII) plans to invest $200 million in a joint project with Norway’s Norfund to construct at least three hydroelectric power projects in Africa, BII said on Thursday.

The two institutions will equally split a 49% shareholding in a joint venture with Norway’s Scatec ASA (SCATC.OL) for the projects, BII said in a emailed statement.

These will include the planned 205 megawatt (MW) Ruzizi III hydroelectric plant to supply electricity to Rwanda, Burundi and Democratic Republic of Congo, the 120 MW Volobe hydropower plant in Madagascar, and Malawi’s 350 MW Mpatamanga project, BII said.

Reporting by Rachel Savage; Writing by George Obulutsa; Editing by Nellie Peyton and Jan Harvey

Our Standards: The Thomson Reuters Trust Principles.

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