360 Money Matters
Welcome to the 360 Money Matters podcast where Financial Planners, Billy Amiridis and Andrew Nicolaou talk all things Financial Planning. This podcast aims to increase your knowledge and confidence with all thing’s money. Each week we will cover topics such as investing, cashflow and budgeting, saving, passive income, debt management, and much more so you can live life on your terms without limits.
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152. Debt Recycling
09/03/2024
152. Debt Recycling
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the concept of debt recycling, a financial strategy that allows individuals to pay down their non-deductible debt, such as a home mortgage, while simultaneously investing to build deductible debt, which can provide tax benefits. The strategy involves using equity from one's home to invest in income-producing assets like shares. Over time, the income generated from these investments is used to pay down the non-deductible debt, while the investment debt increases, effectively converting non-deductible debt into deductible debt. Furthermore, we go into the suitability of this strategy, noting that it is most beneficial for higher income earners and those with a stable financial situation, including secure income and a solid banking strategy. We emphasize that while debt recycling can be powerful, it requires a strong understanding of both investing and debt management, making it suitable for individuals who are comfortable with these aspects. If you're ready to take control of your financial future and maximize your wealth, don't miss out—listen now! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About the concept of debt recycling Difference between good (tax-deductible) and bad (non-deductible) debt Who debt recycling is suitable for Keeping a non-deductible debt on principal and interest repayments Risks associated with debt recycling Exit strategies for debt recycling Options like paying down deductible debt or selling portions of the investment portfolio Connect with Billy and Andrew! Check out our latest episode here:
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151. Should I invest or Pay Down Mortgage
08/27/2024
151. Should I invest or Pay Down Mortgage
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the dilemma of whether to pay down a mortgage or invest, especially in a high-interest rate environment. We emphasize that there is no one-size-fits-all answer and that the decision should be based on individual circumstances, financial goals, and risk tolerance. People should consider their long-term financial strategy, including their retirement goals, and factor in the potential impact of inflation and tax implications. While paying down a mortgage offers a guaranteed return, we suggest that starting an investment journey early can be beneficial with the power of compounding. Ready to find your financial balance? Hit play and join us for a conversation that will help you make informed decisions about your money. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About whether to pay down the mortgage or invest Mortgage strategy considerations Investment and tax considerations Importance of tying strategy to long-term goals Debt recycling and combined strategies Connect with Billy and Andrew! Check out our latest episode here:
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150. Make Your Strategy Recession Proof
08/20/2024
150. Make Your Strategy Recession Proof
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss making your investment portfolio recession-proof, emphasizing both mindset and practical strategies. We explore what a recession entails, highlighting the importance of maintaining a stable personal budget and having an emergency fund to cushion against economic downturns. We dig into the significance of not panicking and avoiding rash decisions like panic selling. Instead, we recommend focusing on long-term goals and viewing downturns as opportunities to buy quality assets at a discount. We also stress the value of holding a diversified portfolio to ensure steady income despite market volatility. Join us now to strengthen your investment strategy and achieve financial resilience! _ This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Definition of recession Keeping a level head and manage personal cash flow Avoiding panic selling Investing in high-quality assets that generate income Considering having money aside to take advantage of market downturns Balancing regular contributions with opportunistic investing Connect with Billy and Andrew! 360 Financial Strategists Check out our latest episode here: Apple Podcast Spotify Google Podcast
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149. Mastering Your Retirement Plan: Financial and Lifestyle Strategies
08/13/2024
149. Mastering Your Retirement Plan: Financial and Lifestyle Strategies
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss retirement planning considerations, emphasizing both financial and lifestyle aspects. We explore how traditional retirement perceptions, like relying on age pensions, are evolving. We highlight the importance of budgeting and understanding income needs based on lifestyle choices and activities during retirement. We address the transient nature of retirement, where individuals might transition from full-time to part-time work before fully retiring. Lastly, we emphasize the significance of planning for potential inheritance and the benefits of superannuation due to its tax advantages. Tune in now to master your retirement planning and secure a financially and personally fulfilling future! _ This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Retirement income needs and lifestyle choices Estate planning and inheritance Importance of shaping retirement income and flexibility Property considerations in retirement Importance of early retirement planning Connect with Billy and Andrew! Check out our latest episode here:
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148. Wealth Preservation Strategy
08/06/2024
148. Wealth Preservation Strategy
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss investing in precious metals, including gold, silver, platinum, and palladium, and how they serve primarily as a store of wealth rather than a traditional investment. We address a common question from listeners about whether they should invest in precious metals and explore various ways to purchase and store these assets, such as physical bullion, ETFs, and investing in mining companies. We highlight the importance of understanding the liquidity and transaction costs associated with precious metals. Additionally, we emphasize diversification and how precious metals can provide a hedge against inflation and market volatility. We also draw a comparison between precious metals and cryptocurrency, noting their differing behaviors and potential roles in an investment portfolio. Learn about gold, silver, and more, and discover how these assets can help you hedge against inflation and diversify your portfolio. Tune in now to gain valuable insights and practical tips to enhance your investment strategy. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About precious metals seen as a store of wealth and hedge against inflation Characteristics and history of precious metals Precious metals as part of portfolio diversification Similarities and differences between precious metals and cryptocurrencies Importance of diversification in portfolio construction Connect with Billy and Andrew! Check out our latest episode here:
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147. Market Wrap
07/30/2024
147. Market Wrap
Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we discuss the latest market activities, focusing on the U.S. and Australian economies. We note that the S&P 500 decreased by 0.77% in July, though smaller companies showed growth due to sensitivity to lower interest rates. In the U.S., potential interest rate cuts are anticipated as inflation eases, while Trump’s potential election could impact economic policies. Europe sees economic uncertainty with the ECB keeping rates unchanged at 3.75%. In contrast, Australia experiences high inflation and rising employment, with the ASX 200 up 29 basis points, indicating market resilience despite economic challenges. Stay informed on global market trends by subscribing to our podcast. Don't miss our in-depth analysis on the U.S. and Australian economies, as well as key insights into potential interest rate changes and their impacts. Subscribe now and stay ahead in the financial world! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights S&P 500 down 0.77% for the past month Expectation of US interest rate cuts in near future US Politics and economic outlook European Central Bank rates unchanged at 3.75% Australian employment rose by 50,000 in July Australian economic outlook and interest rates Connect with Billy and Andrew! Check out our latest episode here:
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146. The Benefits of Commercial Property Investment
07/23/2024
146. The Benefits of Commercial Property Investment
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, Vicki Likoudis from True North Advocacy shares her diverse background in small business, property development, and advocacy, emphasizing the link between business and commercial property in her career. She discusses different types of commercial property while highlighting the key attributes of commercial property: better cash flow, tenant-paid expenses, longer leases, and potential for capital growth, which set it apart from residential property. Vicki explains the benefits of using a commercial buyer's advocate, including specialized knowledge, focus on investment potential, and thorough due diligence on properties and tenancies. Learn more about the benefits with a commercial buyer's advocate by listening to this episode today! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About Vicki Likoudis Different types of commercial property Typical commercial property clients Attributes of commercial property Benefits of using a buyer's advocate Increased interest in commercial property from residential investors Do's and Don'ts of Buying Commercial Property About Vicki Likoudis With a diverse property and business background, Vicki has developed a finely-tuned craft and passion for assessing and buying property, 15 years in the making. Her focus is always on exceptional client outcomes and lasting relationships and is highly regarded as a valued advisor and mentor in her community. Prior to forming True North Buyer's Advocacy, Vicki held the position of CEO for a leading sustainable property developer in Melbourne, reinforcing her passion for connecting people to the right buying outcomes. Her astute buying approach centers on diligent research, tenacity, intelligent negotiation and a commitment to getting the absolute best result for her clients. Whether it’s securing your business property or a commercial property investment, Vicki’s primary goal is to guide your buying confidence with clarity so you can cut through the noise, purchase with confidence and find the best property for you and your goals. Connect with Vicki Likoudis: Website | Linked In | Connect with Billy and Andrew! Check out our latest episode here:
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145. Average Super balance For Your Age
07/16/2024
145. Average Super balance For Your Age
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the average super balance for your age, highlighting the importance of starting early and making regular contributions. We break down the average superannuation balances for males and females in various age groups, from 25-29 to 60-64, and emphasize the power of compounding interest. We also explore the potential retirement income that different superannuation balances could generate, considering factors like lifestyle and estate planning. Furthermore, we encourage seeking financial advice to ensure you have a plan in place to achieve your retirement goals. Tune in to our latest episode to understand the importance of starting early and making regular contributions to your superannuation. Listen now and take the first step towards a comfortable and well-planned retirement! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Average superannuation balances for different age brackets Importance of early contributions Strategies to boost super balances Calculating retirement income based on super balances Importance of having a comprehensive retirement plan Connect with Billy and Andrew! Check out our latest episode here:
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144. Considerations When Buying Investment Property
07/09/2024
144. Considerations When Buying Investment Property
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the important considerations when buying an investment property. We emphasized the need to align the property purchase with long-term financial strategies and goals. This includes understanding the financial impact on household budgets, getting finance approved, considering the pros and cons of different ownership structures, and knowing the potential cash flow implications. We also highlighted the value of professional advice, such as using buyer advocacy services, and the importance of having adequate financial buffers to manage unexpected expenses and market changes. Additionally, we stressed the necessity of a risk mitigation strategy and cautioned against making emotionally driven investment decisions. Discover the value of professional advice, the importance of financial buffers, and the necessity of a solid risk mitigation strategy. Don't miss out—listen now and make informed decisions for your investment future! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Importance of financial considerations before buying an investment property Aligning investment property with long-term wealth creation strategy Finance approval and budgeting Different ownership structures Using buyer advocacy services Cash flow buffers and risk mitigation strategies High costs associated with buying and selling properties Avoiding emotional investment in property decisions Connect with Billy and Andrew! Check out our latest episode here:
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143. What To Do With Stage 3 Tax Cuts
07/02/2024
143. What To Do With Stage 3 Tax Cuts
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the upcoming stage three tax cuts and how individuals can effectively utilize the extra income. We touched on how the tax cuts will result in increased take-home pay. We advised considering several options for using this extra income, such as making mortgage repayments to save on interest, investing in superannuation for long-term growth, saving for future expenses like a child's property deposit, and considering macroeconomic implications like inflation. We emphasized the importance of planning and discipline in managing this extra income. Don't miss out on our latest episode where we dive into the upcoming stage three tax cuts and how you can make the most of your extra income. Listen now and start planning your financial future! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights The upcoming stage three tax cuts and their implications Using tax cuts for mortgage repayments Investing tax cuts in superannuation Saving for a child's future property deposit Macro-economic considerations Connect with Billy and Andrew! Check out our latest episode here:
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142. Manage Inconsistent Cashflow
06/25/2024
142. Manage Inconsistent Cashflow
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we tackle the complexities of managing cash flow with irregular income. For those that are self-employed, earning commissions or bonuses, this can be a difficult thing to manage. We discuss the pitfalls of using credit card debt and stress the importance of appropriate cash flow management from the outset to avoid financial traps. The Cash Flow Bootcamp is recommended for detailed guidance on these strategies. For couples with mixed income types, we advise using regular income for fixed expenses and irregular income for variables and investments, while emphasizing the necessity of discipline and planning. Furthermore, we cover the potential benefits of irregular income, like using bonuses for investments or debt repayment, along with examples of clients who have successfully managed their finances. The episode concludes with a summary, urging listeners to seek help with managing irregular income and to engage with future content. Don't navigate the complexities of irregular income alone. Join us for detailed guidance and practical strategies to secure your financial future. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Challenges of managing irregular income Strategies for managing irregular income Bucketing strategy and cash flow bootcamp Managing finances in a relationship Benefits and challenges of irregular income Connect with Billy and Andrew! Check out our latest episode here:
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141. Market Wrap
06/18/2024
141. Market Wrap
Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we discuss recent market trends, with a primary focus on the U.S. and Australian economies. We highlight the strong performance of the S&P 500 in May, driven largely by tech giants like Nvidia, which significantly contributed to market growth due to the increasing influence of AI. Inflation in the U.S. shows signs of easing, potentially paving the way for rate cuts, while in Europe, the ECB is anticipated to reduce rates to stimulate economic growth. In contrast, Australia's inflation remains high, and GDP growth is stagnating, raising concerns of stagflation. Additionally, we note the impact of rising construction costs on housing supply and rental prices. We suggest that Australia's interest rates might stay on hold longer than expected due to persistent inflationary pressures. Tune in to this episode for an in-depth analysis of these critical economic developments and their potential impact on your investments. Don't miss out on the latest insights—listen now! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights US market performance AI's transformative potential in businesses Australian market and economy Inflation and interest rates The European Central Bank (ECB) is expected to lead in cutting rates Connect with Billy and Andrew! Check out our latest episode here:
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140. Active and Index Investments
06/11/2024
140. Active and Index Investments
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we talk about two ways people invest their money, active and passive investing. We explain that with passive investing, you put your money in a fund that follows the big companies in a certain market, like the S&P 500. But with active investing, you try to beat the market by making active choices about where to put your money that will outperform the market. We also discuss the benefits and detriments of each approach - such as the ease, simplicity and cost effectiveness of passive investing and the opportunity for improved investing with active investments. It's important to get advice and choose the right approach for you. Don't miss this episode to learn more about how to invest your money wisely! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Comparing active investments and index investing Complexity of investing and the search for growth opportunities Factors influencing investment choices Warren Buffett's investment philosophy Importance of after-tax performance and considering tax implications in investment decisions Connect with Billy and Andrew! Check out our latest episode here:
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139. Employee Share Schemes
06/04/2024
139. Employee Share Schemes
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed employee share schemes and their implications. We explored the concept, benefits, risks, tax considerations, vesting periods, and the impact on employees' financial decisions. We also emphasized the importance of understanding the pros and cons of participating in employee share schemes. This highlighted how these schemes can align interests between employees and businesses but also pose risks, such as potential loss if shares decline in value or tax complications. Tune in to our latest episode where we dive into the world of employee share schemes! Don't miss out—listen now to make informed choices about your participation in employee share schemes! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About what employee share plans are Benefits and challenges of employee share plans Importance of understanding the tax implications associated with different share schemes High failure rate of startups and the risks associated with holding shares in such companies Intention of share schemes Connect with Billy and Andrew! Check out our latest episode here:
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138. Tax Planning for EOFY
05/28/2024
138. Tax Planning for EOFY
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the end of the financial year and tax planning tips, focusing on the effective utilization of superannuation. Key points included maximizing contributions, leveraging concessional and non-concessional caps, and using catch-up contributions before deadlines. Superannuation was emphasized for future financial stability through tax planning strategies like pre-tax contributions. We also discussed government co-contributions to boost super balances for low to middle-income earners, spouse contributions for tax benefits, and planning ahead for optimal results with approaching deadlines. Furthermore, we recommended managing working from home expenses, adhering to good record-keeping practices, and seeking early advice from professionals for effective long-term tax strategies. Don't miss out on essential tips to maximize your financial stability and make the most of your superannuation! Listen now and take control of your financial future! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Considerations for superannuation contributions Catch-up contributions and maximizing concessional contribution caps Importance of strategic planning and contribution strategies Capital gains tax events and planning for tax efficiency Keeping receipts for potential tax deductions Reviewing budgets and financial plans Importance of early planning and collaboration with tax advisors Connect with Billy and Andrew! Check out our latest episode here:
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137. Changes to superannuation limits on 1 July 2024
05/21/2024
137. Changes to superannuation limits on 1 July 2024
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore deeper into the intricacies of year-end tax planning and the impending modifications in superannuation. We broke down significant adjustments like the transfer balance cap set at $1.9 million and the forthcoming increase in concessional contributions to $30,000 annually. Additionally, we explored the bump in after-tax contributions to $120,000, accompanied by a three-year bring-forward option. We also examined the uptick in super guarantee contributions from 11% to 11.5% and the simplification of preservation age to 60 for all individuals. We touched upon the anticipated stage three tax cuts set to take effect on July 1st. Our discussion includes the importance of seeking tailored advice to capitalize on these changes effectively. For deeper insights, catch the entire episode and stay tuned for ongoing financial guidance by subscribing to our podcast. Join us now! _ This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About superannuation changes Changes in superannuation limits After-tax contributions and bring forward rule Super guarantee contribution and preservation age Stage three tax cuts and financial planning Connect with Billy and Andrew! Check out our latest episode here:
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136. Property Guest (Marcel)
05/14/2024
136. Property Guest (Marcel)
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, Marcel Dybner, a Partner at Besser+Co Estate Agents in Melbourne, recounts his journey starting from a challenging rental experience that steered him towards making a positive impact. Initially focusing on sales, he entered property management before joining Dion at Besser & Co. He addresses the current property market dynamics, where increased interest rates and landlord pressures are prompting property sales. Furthermore, the strategies for selecting attractive properties are emphasized, highlighting factors like location, livability, and future development potential. Auction insights reveal varying bidding tactics, with some opting for aggressive early bids and others strategic late entries. Notably, there's a trend towards single-level homes due to the convenience they offer to an aging population. Marcel underlines the importance of seizing investment opportunities aligned with personal goals and financial considerations amidst debt levels and economic uncertainties. Listen to the full episode for insightful perspectives on navigating the property market and making informed investment decisions. _ This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About Marcel Dybner Overview of Besser and Co. Estate Agents Property market trends and challenges Factors influencing property purchases Property development and investment strategies Property selection based on client needs Financial considerations and discussions on loan repayments About Marcel Dybner Marcel is a Partner at Besser+Co Estate Agents in Melbourne and has been recognised as a leader in the Real Estate industry. Along with his own blog, he has been published in The Age, Sydney Morning Herald, Business Insider, Smart Company, Property Observer and a host of other publications. He was most recently on the cover of Elite Agent Magazine and featured in their ‘Every Agent has a Story’ series alongside Million Dollar Listing LA (MDLLA) brothers Matt & Josh Altman. Property represents most people's largest single asset and handling its tenancy carries significant responsibilities. Marcel strives to deliver superior service through constant communication with clients, achieving excellent rental returns and the best results possible. His drive, along with his ability to communicate both with and between parties in an approachable manner, provides Marcel and his clients with a competitive market edge. Connect with Marcel: Website | Linked In | Instagram | Twitter | Connect with Billy and Andrew! Check out our latest episode here:
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135. Protecting Your Assets
05/07/2024
135. Protecting Your Assets
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss asset protection strategies concerning personal and business finances. We stress the importance of segregating personal and business assets to shield against risks like creditors or business failures. Utilizing trusts, companies, superannuation for asset protection, and advising seeking professional guidance from financial advisors, lawyers, and accountants for legal compliance and tax planning. Lastly, we emphasize early planning and professional advice, noting the need for a comprehensive approach considering taxation, wealth goals, risk management, and legal compliance. Learn essential strategies from financial professionals to protect against risks and maximize your wealth potential. Don't miss out – listen now for invaluable advice on securing your financial future! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Importance of protecting accumulated assets Separating business assets from personal assets for protection Trusts and entity structures Company structures for business Utilizing superannuation contributions Business protection measures Connect with Billy and Andrew! Check out our latest episode here:
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134. Rentvesting
04/30/2024
134. Rentvesting
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss rentvesting, a strategy where you rent your home while investing in other properties for income. This approach provides flexibility in your living situation while potentially generating returns from your investments. We discuss the tax advantages, such as mortgage interest deductions, and potential drawbacks like less security in your living situation and loss of first-time homebuyer benefits. We also touch on the need for careful cash flow management and alternatives like "own vesting." If you are rentvesting or planning to, listen to this episode and find out more about it. Join us for a meaningful discussion! _ This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About rentvesting Exploring the benefits of rent vesting in terms of investment returns and lifestyle choices Challenges of balancing lifestyle requirements with property investment goals Importance of considering cash flow implications and diversifying investments beyond property Discussion on the importance of setting a trajectory and seeking guidance for successful rent vesting Tax implications and alternative strategies Connect with Billy and Andrew! Check out our latest episode here:
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133. Market Wrap
04/23/2024
133. Market Wrap
Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we discuss the latest trends in global investment markets. We examine the S&P 500's decline of 2.47% and its connection to inflation, which came in at 0.4%, while addressing the shifts in interest rate expectations and potential recession signals such as the Mel and SAHM rules. In Australia, the ASX 200 saw a minor decline of 0.79%, mirroring the US market, while rising inflation is outpacing income growth. There is also an increase in metals and mining, and precious metals prices, particularly gold, as a hedge against market volatility. It is important to level-headedness during economic uncertainty and preparing for potential recessions. So seek financial advice to navigate the current climate in this episode. Join us now! _ This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Discussion on changes in the US stock market Discussion about recession signals like the Mel Rule and SArm Rule Concerns about rising unemployment and potential economic downturn. Australian market reacting to the US market trends Income growth challenges in Australia Anticipated increase in financial advice needs during economic uncertainty Strategies for households to manage rising costs and potential recession impact Discussion on the metals mining industry, focusing on iron ore and China's demand Recent market trends showing signs of concern and fluctuations in money markets Connect with Billy and Andrew! Check out our latest episode here:
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132. Asset Rich & Cashflow Poor
04/16/2024
132. Asset Rich & Cashflow Poor
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the concept of being asset-rich but cash flow-poor in the context of retirement. The accumulation of assets without sufficient income, due to tax considerations, can lead to challenges during retirement. The options presented included liquidating assets for income-producing alternatives, downsizing the family home, considering reverse mortgages, or purchasing a downsized home early. Proactive financial planning, with advice tailored to individual circumstances, is crucial. It is essential to seek personalized advice from a financial advisor, tailored to specific goals and circumstances. This episode is packed with valuable insights and strategies, all tailored to help you navigate your financial future. Tune in and empower yourself with knowledge! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights The concept of being asset rich and cash flow poor Strategies to transition from relying on personal income to generating investment income Asset types for those in asset rich, cash flow poor situation Importance of having a clear exit strategy Cash flow issues Planning ahead and seeking personalized financial advice Connect with Billy and Andrew! Check out our latest episode here:
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131. Maximising Age Pension
04/09/2024
131. Maximising Age Pension
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed getting the most out of age pension. We talk about who can get it, how it's been changing, and how the government decides who gets it based on what you own and earn. We also share tips on how to maximise the age pension also! Furthermore, we explain that there are limits to gifting money while still qualifying for age pension. That’s why it is important to plan early and get advice because living costs can be tough on just the pension. So, think carefully about your money to make sure you're set for retirement. Take charge of your financial future by learning how to maximise your age pension entitlements. Join us now! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About age pension eligibility Means testing and assessment of assets Strategies for maximizing age pension entitlements Complexities to consider regarding beneficiary impact and fund preservation Understanding spousal contribution and superannuation strategies Gifting assets and financial structuring Connect with Billy and Andrew! Check out our latest episode here:
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130. Equity to Invest
04/02/2024
130. Equity to Invest
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed equity in property, focusing on its calculation, utilization, and implications. We explained equity as the difference between the property value and the debt owed, influencing the loan-to-value ratio (LVR). An LVR above 80% may incur mortgage insurance costs due to increased risk for banks. Utilizing equity can enable diversification into other assets or properties to further expand your wealth creation. Another key point highlighted was structuring loans to ensure tax deductibility based on the fund's purpose. The debt recycling strategy was introduced as a powerful method to convert non-deductible debt into deductible by investing strategically with borrowed funds from existing equity. This approach involves building an investment portfolio that generates income to pay down non-deductible debts over time. Join us and learn how to leverage your property equity effectively and make informed financial decisions. Hit the play button now! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Understanding equity in property About loan-to-value ratio and equity calculation Considerations when taking out equity and investing it in other assets Assessing serviceability and tax considerations Debt recycling as a powerful strategy Having an exit strategy and risk mitigation plan Connect with Billy and Andrew! Check out our latest episode here:
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129. Bought a Property, What is Next?
03/26/2024
129. Bought a Property, What is Next?
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we advise listeners like Danielle, who has settled on a property and mortgage and wants to know what some of the things are that she should be considering next. We stress the need for a cash flow management strategy to ensure affordable mortgage payments and achieve savings goals. Insurance coverage is essential, including life insurance, permanent disability cover, income protection, and building/contents insurance. Building an emergency fund is crucial for handling unexpected costs. Also, seeking personalized advice is recommended to determine whether to focus more on debt elimination or wealth creation strategies based on long-term financial goals. Tune in to our latest episode where we address essential steps for new homeowners like Danielle, covering budgeting, insurance, and long-term financial planning. Don't miss out ! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Practical next steps after settling on first property and mortgage Concept of cash flow system Risk management and the need for a strategy Setting new goals after purchasing the first property Importance of building wealth for retirement Various approaches to wealth creation and retirement planning Connect with Billy and Andrew! Check out our latest episode here:
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128. F.I.R.E Movement
03/19/2024
128. F.I.R.E Movement
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss the F.I.R.E (Financial Independence, Retire Early) movement. We explain that this movement encourages people to retire early and achieve financial independence by saving and investing a large portion of their income. Additionally, living a frugal lifestyle and reducing expenses are key to achieving this goal. We acknowledge that the F.I.R.E movement may not be suitable for everyone, but we emphasize the importance of being intentional with spending and making conscious financial decisions. Tune in to our episode to learn the secrets of saving, investing, and living a frugal lifestyle. Don't miss out on this opportunity to make conscious financial decisions and pave your way to a brighter future! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About F.I.R.E Movement Origin of the movement Strategies for achieving F.I.R.E Benefits of starting early Living expenses and lifestyle implications Investing in the F.I.R.E movement Connect with Billy and Andrew! Check out our latest episode here:
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127. Insurance Inside vs. Outside Super
03/12/2024
127. Insurance Inside vs. Outside Super
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss personal insurance and the benefits of holding it inside or outside of superannuation. We explore different types of insurance covers, such as life insurance, permanent disability, income protection, and trauma insurance. We also discuss the increasing responsibilities that make having the right insurance cover important. Funding options for premiums are discussed, including using cash flow or faying for this through superannuation. Furthermore, we also touch on tax efficiency and how this will change depending on the structure of how this insurance cover is held. Benefits and product benefits may also differ depending on how this is held. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Four types of personal insurance cover Different funding options for personal insurance Tax deductions for personal insurance premiums Default insurance covers Disadvantages of holding cover within super Aligning insurance strategy with broader financial planning goals Risk mitigation strategies Potential pitfalls and risks associated with superannuation insurance Importance of comprehensive planning and regular review Connect with Billy and Andrew! Check out our latest episode here:
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126. Market Wrap
03/05/2024
126. Market Wrap
Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we discuss the intricate dynamics of the global economy and its effects on financial markets. Observing the impressive growth in the US market despite minimal macroeconomic updates, we discuss the need for policymakers to carefully consider interest rate decisions. With inflation concerns looming in the US and negative sentiment prevailing in China, a broader global economic slowdown becomes apparent, as evidenced by countries like Japan and the UK entering technical recessions. Furthermore, we talk about how Australia's recent earnings season showed a mix of good and bad results, along with a small increase in unemployment. We also discuss how the Reserve Bank of Australia is being careful about interest rates, hoping for a smoother economic recovery, even though some worry about a recession. Listen and get deeper information about the importance of a balanced and informed approach to financial planning amidst these uncertain economic times. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Discussion about the US market and its performance in February Inflation and its impact Speculation on potential rate cuts in the US Discussion on economic slowdown in various countries Speculation on possible recession in the global economy Mention of mixed results and lack of clear themes in Australia Discussion on retail data and its implications Analysis of unemployment rates in Australia RBA's approach Connect with Billy and Andrew! Check out our latest episode here:
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125. Land Tax Changes
02/27/2024
125. Land Tax Changes
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we're talking about Victoria's new land tax changes. The Victroian government has introduced increased land tax for a ten-year period starting in January 2024 to repay Covid debts. But some people aren't sure if these taxes will stop after ten years. This affects property owners with investment properties, who now face higher costs for owning and maintaining properties. It's tough for investors, and might lead to higher rents and greater levels of sales activity for investors who want out. Having a solid financial plan is important during uncertain times like this. Click subscribe, hit play now, and understand this context of land tax changes critically! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Changes to land tax and why it was introduced Government's dependence on taxes Impacts of increased tax on investments Potential implications for the property market Importance of planning and having a buffer Connect with Billy and Andrew! Check out our latest episode here:
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124. Before & After Tax Super
02/20/2024
124. Before & After Tax Super
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we're talking about putting money into your super, breaking it down into two types: concessional (before tax) and non-concessional (after-tax). We discuss the tax advantages, contribution limits, and strategic considerations for both types. We’ll be giving some worked examples to illustrate their application in real-life scenarios and how you can best utilise the benefits of each of these superannuation types for your own situation. Join us, hit subscribe, and let's make super contributions simple and smart! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Super Contributions - Concessional vs. Non-Concessional Rapid Retirement Strategy Capital Gains Downsizing Recontribution Strategy Connect with Billy and Andrew! Check out our latest episode here:
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123. Estate Planning
02/13/2024
123. Estate Planning
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore estate planning, dispelling the misconception that it's solely about who will inherit your assets. We stress the need for professional assistance in creating a valid will to document wishes accurately. We also highlight concerns regarding inheritance taxation, particularly in superannuation cases, where non-tax dependents may face taxable status. Additionally, we advise seeking professional advice and introduce a strategy called a recontribution strategy. This strategy, if certain conditions are met, can alter the superannuation status, potentially avoiding or minimizing taxes when the proceeds are distributed to non-dependents. In conclusion, we suggest having transparent conversations with beneficiaries to communicate the reasoning behind decisions in the estate plan. Individuals should also consider the importance of seeking professional guidance and conducting regular assessments of the plan. Discover the secrets of estate planning on our latest episode! We break down myths, share tips on dividing assets, tackle tax complexities, and reveal strategies to cut down on taxes. Don't miss out on expert insights—listen now to make your estate planning decisions smarter and simpler! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Importance and complexity of estate planning Importance of engaging with a professional for valid wills Enforceability of estate plan Importance of reviewing the estate plan periodically Challenges of equalization and considering various factors Ensuring beneficiary nominations align with future wishes Importance of discussing the estate plan with beneficiaries Testamentary trusts and their uses Consideration of wishes and goals for the estate plan Connect with Billy and Andrew! Check out our latest episode here:
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