Edenton, NC, Jan. 10, 2022 (GLOBE NEWSWIRE) — Investment Business Unveils Investment Options For Portfolio Growth
Online finance resource, Super Investments, unravels a mix of different investment options to meet the specific goals of each individual
Super Investments have rolled out a list of investment options to enable clients to achieve their desired goals. The platform has become increasingly popular as the go-to space for financial literacy and wealth-building resources and recently reiterated their commitment to the cause by listing different choices that could make a huge difference in the growth of their portfolio. The available options are particularly unique, allowing persons to change the superior investment options online.
Pre-Mixed Investment Options
Increases
Investment mix: About 85% in stocks or real estate, and 15% in fixed or cash interest, or 100% equity or ownership of a “high growth” option.
Returns: Aim to achieve higher average returns over the long term. This also means higher losses in bad years than you would incur with lower-risk options.
Balanced
Investment mix: About 70% in stocks or real estate and 30% in fixed interest and cash. Or a “moderate” option with 50% equity and equity.
Returns: Aim for reasonable returns, but lower than growth funds to reduce the risk of losses in bad years. These losses tend to occur less frequently than the growth option.
Reservation
Investment mix: About 30% in stocks and property, and 70% in fixed interest and cash.
Profitability: aims to reduce the risk of loss and thus accept lower profitability in the long run. There is less chance of a bad year compared to balanced growth options.
Cash
Investment mix: 100% in deposits with Australian Depository Institutions or a life insurance policy with a ‘capital guaranteed’.
Profitability: The objective of ensuring the capital and accumulated profits cannot be reduced by losses in investments.
Moral
This option aims to liquidate investments in companies that do not meet certain environmental, social, and governance criteria. The ethical choice can be anywhere on the risk spectrum, from high growth to conservative.
Some super funds allow clients to choose a range of different asset types or opt for direct investments. Persons with a MySuper account often enjoy an option that is balanced and diverse.
Unique diversified investment option
This is how most MySuper accounts work, with investors putting their funds into a standard investment mix, and the investment approach remains unchanged. These funds usually have a balanced or growth approach.
Life Cycle Investment Strategy
With this option, the fund will generally move investors’ money from growth investments when they are young to more conservative investments at an older age.
Choosing The Right Investment Option
Factors to consider when choosing an investment option include age, risk appetite, and duration before access to the invested fund. It is worth noting that the high growth option comes with higher risks and faces more volatile returns in the short term, with higher returns in the long run. However, a conservative option provides less risk but less profit in the long run. Investors should also consider the duration before getting their capital back. Some people choose to be more conservative in their investments as they approach retirement to reduce the risk of their balance falling. Others choose to hold their investment in growth options in search of higher returns, as there is no particularly correct approach to investing.
The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency).
TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.
The S&P/TSX composite index was up 254.62 points at 23,847.22.
In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.
The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.
The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.
The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.
This report by The Canadian Press was first published Sept. 19, 2024.
Losing a loved one is never easy, and the legal steps that follow can add even more stress to an already difficult time.
For years, families in Vancouver (and Canada in general) have struggled with a complex probate process—filled with paperwork and legal challenges.
Thankfully, recent changes to Canada’s probate laws aim to make this process simpler and easier to navigate.
Let’s unearth how these updates can simplify the process for you and your family.
What is probate?
Probate might sound complicated, but it’s simply the legal process of settling someone’s estate after death.
Here’s how it works.
Validating the will. The court checks if the will is legal and valid.
Appointing an executor. If named in the will, the executor manages the estate. If not, the court appoints someone.
Settling debts and taxes. The executor (and you) pays debts and taxes before anything can be given.
Distributing the estate. Once everything is settled, the executor distributes the remaining assets according to the will or legal rules.
Probate ensures everything is done by the book, giving you peace of mind during a difficult time.
Recent Changes in Canadian Probate Laws
Several updates to probate law in the country are making the process smoother for you and your family.
Here’s a closer look at the fundamental changes that are making a real difference.
1) Virtual witnessing of wills
Now permanent in many provinces, including British Columbia, wills can be signed and witnessed remotely through video calls.
Such a change makes estate planning more accessible, especially for those in remote areas or with limited mobility.
2) Simplified process for small estates
Smaller estates, like those under 25,000 CAD in BC, now have a faster, simplified probate process.
Fewer forms and legal steps mean less hassle for families handling modest estates.
3) Substantial compliance for wills
Courts can now approve wills with minor errors if they reflect the person’s true intentions.
This update prevents unnecessary legal challenges and ensures the deceased’s wishes are respected.
These changes help make probate less stressful and more efficient for you and other families across Canada.
The Probate Process and You: The Role of a Probate Lawyer
(Image: Freepik.com)
Working with a probate lawyer in Vancouver can significantly simplify the probate process, especially given the city’s complex legal landscape.
Here’s how they can help.
Navigating the legal process
Probate lawyers ensure all legal steps are followed, preventing costly mistakes and ensuring the estate is managed properly.
Handling paperwork and deadlines
They manage all the paperwork and court deadlines, taking the burden off of you during this difficult time.
Resolving disputes
If conflicts arise, probate lawyers resolve them, avoiding legal battles.
Providing you peace of mind
With a probate lawyer’s expertise, you can trust that the estate is being handled efficiently and according to the law.
With a skilled probate lawyer, you can ensure the entire process is smooth and stress-free.
Why These Changes Matter
The updates to probate law make a big difference for Canadian families. Here’s why.
Less stress for you. Simplified processes mean you can focus on grieving, not paperwork.
Faster estate settlements. Estates are settled more quickly, so beneficiaries don’t face long delays.
Fewer disputes. Courts can now honor will with minor errors, reducing family conflicts.
Accessible for everyone. Virtual witnessing and easier rules for small estates make probate more accessible for everyone, no matter where you live.
With these changes, probate becomes smoother and more manageable for you and your family.
How to Prepare for the Probate Process
Even with the recent changes, being prepared makes probate smoother. Here are a few steps to help you prepare.
Create a will. Ensure a valid will is in place to avoid complications.
Choose an executor. Pick someone responsible for managing the estate and discuss their role with them.
Organize documents. Keep key financial and legal documents in one place for easy access.
Talk to your family. Have open conversations with your family to prevent future misunderstandings.
Get legal advice. Consult with a probate lawyer to ensure everything is legally sound and up-to-date.
These simple steps make the probate process easier for everyone involved.
Wrapping Up: Making Probate Easier in Vancouver
Recent updates in probate law are simplifying the process for families, from virtual witnessing to easier estate rules. These reforms are designed to ease the burden, helping you focus on what matters—grieving and respecting your dead loved ones’ final wishes.
Despite these changes, it’s best to consult a probate lawyer to ensure you can manage everything properly. Remember, they’re here to help you during this difficult time.
TORONTO – Canada’s main stock index was higher in late-morning trading, helped by strength in energy stocks, while U.S. stock markets also moved up.
The S&P/TSX composite index was up 34.91 points at 23,736.98.
In New York, the Dow Jones industrial average was up 178.05 points at 41,800.13. The S&P 500 index was up 28.38 points at 5,661.47, while the Nasdaq composite was up 133.17 points at 17,725.30.
The Canadian dollar traded for 73.56 cents US compared with 73.57 cents US on Monday.
The November crude oil contract was up 68 cents at US$69.70 per barrel and the October natural gas contract was up three cents at US$2.40 per mmBTU.
The December gold contract was down US$7.80 at US$2,601.10 an ounce and the December copper contract was up a penny at US$4.28 a pound.
This report by The Canadian Press was first published Sept. 17, 2024.
