How diversification with the help of equity and debt mutual funds is important in times of volatilit

The sharp fall in equity markets during the onset of Covid in March last year in 2020 was a wake-up call for investors to diversify their investments across sectors, assets and market caps. As the adage goes about not putting all your eggs in the same basket, if you invest your entire money in stocks of a single company or a single asset, you may end up losing money.

Some company stocks could be more volatile than others. Thus, it is a prudent decision to invest in a portfolio of different stocks. As a retail investor, it is complex and time-consuming to pick and manage multiple stocks. This is where equity mutual funds can help. Equity mutual funds invest in different stocks, thereby overcoming concentration risks and helping you minimize the downside risks.

The meaning of an equity mutual fund is a scheme that as per the scheme information document invests a minimum of sixty-five per cent of its net assets in equity and equity-related instruments.. It is suitable for investors with a high-risk appetite and a long-term investment horizon. There are different types of equity mutual funds such as categorization as per market capitalization; Large, mid and small cap, categorizing as per styles; value & contra, sectorial/thematic funds, ELSS (Equity Linked Savings Scheme) etc.

The current pandemic has shifted the focus of retail investors towards debt mutual funds. A debt mutual fund, also known as a fixed income fund invests in bonds and other debt securities. It invests in Treasury bills (T-bills), Government securities (G-secs), Debentures, Commercial Paper, Certificates of Deposit and others.

When you compare Equity Funds vs. Debt Fund, equity mutual funds generally have the potential of generating higher returns over the long-term. If you have a long term horizon and have a risk capacity to bear volatility, then an equity mutual fund is for you. However, if you are looking for a short-term horizon of less than three years, then you might consider investing in debt mutual funds that are relatively less volatile and has potential to help you achieve short term goals.

A portfolio mix of equity and debt mutual funds has potential to help to minimize downside risks due to market ups and downs. Last but not the least, a periodical review is needed to ensure that the assets you have invested in are aligned to your intended goals. As you near your financial goals, you may want to have a greater proportion of your portfolio invested in debt mutual funds than in equity mutual funds. Those who are starting to invest and do not have too many financial obligations and to investment for long term may choose to invest a larger portion of their investments in equity mutual funds.

Immunisations, Travel and Vaccines

The most recommended form of immunisation is through vaccines, as certain diseases can be very harmful when contracted, potentially causing permanent disability or even death. Hence the safest method of immunisation is through vaccinations.

Immunisations are generally needed from the time we are born, and there are several age-specific immunisations that have to be given specifically to children (in addition to others that are required by both children and adults). These standard immunisations in Queensland are:

Hepatitis B
Rotavirus
Diphtheria, Tetanus and Acellular Pertussis
Haemophilus Influenza Type B
Pneumococcal
Polio
Influenza
Measles, Mumps and Rubella
Varicella
Human Papilloma Virus
Meningococcal
Whooping Cough
Chicken Pox
Many immunisations are done through a single shot or course, while others, such as the flu vaccine, may need an additional booster shot every so often. These repeat vaccines are required either because the immune response is not long-lasting, or due to certain diseases, such as the flu, evolving quite regularly with new variants of the disease being found from time to time. Because of this, the vaccine given previously may not work as effectively against the new variant of the disease. To address this issue, vaccine manufacturers conduct continuous research and development to create newer updated versions of the vaccines in order to fight these new variants of certain diseases. This is why it is important to get your annual vaccines so that your immune system is ready to fight should you contract the disease.

Getting immunised does not always mean that a person will not contract the disease, but the severity of the symptoms and the disease itself may be greatly reduced.

Although everyone should get vaccinated to stay safe from dangerous diseases, there are certain groups of people who are more at risk of contracting these diseases, such as:

Babies and children below 5 years.
Adults above 65 years.
Families with newborn babies and those people caring for babies.
Pregnant women.
People with certain chronic diseases such as Diabetes, Heart Disease, Lung Disease, HIV, etc.
People receiving certain treatments that make them more prone to infections.
People severely exposed to infections and diseases, such as healthcare workers.
Vaccines have been found to have certain side effects in some people, but these are very mild in nature and usually disappear after a few days. The benefits you gain from being vaccinated far outweigh these minor side effects. Such side effects from vaccines could include:

Mild fever
Redness or swelling at the point of injection
Fatigue
Headache
Muscle or joint pain
So what are the advantages of getting yourself vaccinated?

Protect you and your loved ones from diseases that can cause permanent disability or death.
Stop the spread of diseases between communities.
Help eradicate certain diseases from the community. The more people who get vaccinated against a disease, the less likely it is to spread from person to person.
There are several types of vaccines.

Inactivated Vaccines – Those that use a killed version of the organism that causes the disease.
Subunit, Recombinant, Polysaccharide and Conjugate Vaccines – This uses specific parts of the germ such as its sugars, protein or capsid to create the vaccine. These give a very strong immune response to diseases because they target key parts of the germ.
Toxoid Vaccines – These use a toxin created by the germ that causes the disease and thereby creates immunity to that specific part of the germ that causes the disease.
Live Attenuated Vaccines – which use a weakened form of the germ that causes the disease.
There are certain vaccines that are required when you travel to other countries as well. These travel vaccines, as they are known, are important in order to protect yourself against certain diseases that may be prevalent in the countries you are travelling to.

Travel vaccines should be an important part of your travel plans, and it is best to speak to a doctor or clinic that provides immunisations in Mt Gravatt or anywhere close to you as early as possible. Because vaccines need time to take effect they should be taken at least four to six weeks prior to travel.

The following are a few required vaccines when travelling abroad, however, these will depend on the country you are travelling to.

Cholera
Yellow fever
Diphtheria
Hepatitis A
Hepatitis B
Typhoid
Japanese Encephalitis
Rabies
Tuberculosis
More information on immunisations and travel vaccines are available with clinics that provide services in immunisations in Mt. Gravatt and elsewhere.

What are the 3C’s of Condo Renovation?

Canada’s first condo was built 49 years ago. On December 20, 1967,Brentwood Village was registered at the North Alberta Land Registration District Office in Edmonton. Today, there are many condos across the nation. They are becoming a preferred choice of home buyers looking to avoid the tedious task of maintenance and repairs. Security feature of the condos is another advantage that makes it a favorable option for home buyers.

Even though home buyers like the idea of living in a condo, they are skeptical about one thing: Renovation. It is because renovating a condo involves obtaining permission from the condo board.

If you are a condo owner and want to upgrade it to match your lifestyle, do not worry. The 3C’s of condo renovation will help you to renovate your living space beautifully:

1. C – Check the Status Certificate

Before undertaking any renovation project in your condo, you must consider the Status Certificate. As per the Section 76 of the Ontario Condo Act, the purpose of the certificate is to provide maximum information to the condo owner. It provides a clear idea of all the rules governing your condo. Also, it helps you in understanding what elements of the condo can be legally altered by you.

2. C – Condo Renovation Contractor can help you

Few terms of the Status Certificate can be confusing for you. Also, certain renovation projects may require you to obtain special permission from the condo board. In such a situation, it is crucial to have expert help.

Condo boards have strict rules such as they allow construction work during weekdays. Also, it may be impossible for you to undertake the renovation project in the limited time period approved by the board. So, hiring a condo renovation contractor will be beneficial for you.

3. C -Custom-built Condos are a Bad Idea

You may not be interested in selling your condo now. But, a few years down the line, you may be tempted to buy a cozy house with a large yard in order to satisfy the needs of your family. Remember that custom-built condos are difficult to sell. And, if you opt for high customization now, you will have to renovate the condo in the future in order to make it buyer-friendly.

The Most Important Tip for Renovating a Condo

If you have a stand-alone house, you can opt for home additions and increase the size of a kitchen or a bathroom. But, if you are living in a condo, you cannot increase the size of your living space. So, opt for strategies that create an illusion of space. Here are a few condo renovation ideas that can help you make the area spacious:

>>Brighten up rooms by painting the walls with light neutral colors.

>>Light colored flooring can also create an illusion of an expansive room.

>>Increase the storage space by adding ceiling-to-floor shelves.

>>It is a smart storage idea to build a platform bed with built-in drawers.

>>Well-planned lighting can create a roomy look for a small condo.

By renovating your condo, you will be able to enjoy a comfortable living space. But, remember that the renovating project can quickly turn into a nightmare if you do not play by the rules of the condo board. So, plan the project with the help of an experienced condo renovation contractor and make your condo beautiful.

Condo renovation in Toronto can be a tricky DIY job. Let the experts at The Home Improvement Group handle it for you. Contact now for remodeling the kitchen, upgrading the electrical system or painting the condo beautifully.