Do you know what mistake people make when it comes to investment?
Hi the most common mistake people do when it comes to investment is they don't investment. Do you know why? They don't know where to invest. This is why you should read this announcement till the end. It will tell you about investing your money in segregated funds.
Before I start my announcement, I would like to ask you a question. What are options provided by your bank if you need security of your principle? Probably GIC Guaranteed Investment Certificate) right? But it has low return on your investment between 2 to 4%. This return hardly beats inflation of 5%, but did your bank offer you to invest in segregated funds? If not, you are not the only one. I used to be that person as well. Banks offer to invest in segregated funds to only high networth clients who has atleast $ 250,000 to invest with the bank. Now who has $250,000 in the bank?
So, I have started financial brokerage firm called experior financial group that provides a platform through which common people start investing in segregated funds with no minimum limit. You can start investing as low as $50 a month.
Here are the advantages of investing in segregated funds:
1. Capital gurantee at maturity and death
E.g. let say you have invested $100k in segregated funds and if market fall by 30%. Now if withdraw your money now you get 70k, right? Bit segregated funds comes with principle guarantee of either 75% or 100%.
Who has a control over death? No one , right. In the same scenario like above, wen you die, the market value of your fund is 70k then your beneficiary will still receive 100k
2. You an lock your growth.
E.g. you have invested 100k and your 100k becomes 130k. Now you can lock your growth. So, now you will get guarantee on 130k instead of 100k. So in this case if someone die and the market is 30% down, still their beneficiary will get 130k.
3. By the probate tax
Let say if you have invested in real estate and if you die, your next generation has to pay probate tax on total amount of your estate, jut if you have invested your money in segregated funds, you can by pass probate tax.
4. Estate transfer made easier
You kno if you are in canada and if you have will in place, it will take roughly 6 months to transfer your estate to next generation. If you don't have will in place, it will fo to the court and then they will decide what to do with your estate. It might take a year or more sometime, but if you have money invested in segregated funds, all money will be transferred to your beneficiary which could be your wife or kids within 2 weeks.
So
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