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!

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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

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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.

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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

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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!

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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

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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!

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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 | www.truenorthba.com.au

• Linked In | au.linkedin.com/in/vickilikoudis
  

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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!

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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!

360 Financial Strategists

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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!

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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!

360 Financial Strategists

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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!

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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

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360 Financial Strategists

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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.

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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!

360 Financial Strategists

Check out our latest episode here:

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