360 Money Matters

Welcome back to another episode of the 360 Money Matters Podcast!

In this episode we will provide a comprehensive analysis of recent activities in the financial markets, primarily in Australia. We will delve into the Federal Reserve's decision to raise rates by 0.25 basis points and the Reserve Bank of Australia's pause on interest rate increases, both of which have significant implications for investors. Furthermore, we discuss the S&P 500 index's remarkable 7% increase since its March 13 low.

We also caution against decisions based on fear or greed and why this is so crucial. Instead, we consider why long-term goals and staying in the market are so crucial.

With the information and insights provided in today's episode, investors can make informed decisions that align with their financial goals!

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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 Federal Reserve's decision to raise rates by 0.25 basis points

• The S&P 500 index's 7% increase since its March 13 low

• Optimism in the US economy and the property market with stability in rates

• The Reserve Bank of Australia's decision to pause interest rate increases

• The ASX 300's rise of 6.98% from mid-March to mid-April

• Inflation

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode we will discuss the "fixed rate cliff" for mortgage interest rates in Australia, which has left many homeowners facing significant increases in their repayments as they switch to variable rates. We will also discuss strategies for managing the resulting cash flow pressure, including resetting the loan term, making additional repayments, converting to fortnightly or weekly payments, and switching to interest-only loans.

What we recommend you to do is seek help from financial advisors or lenders, and reassess your cash flow situation. Proactive management is also a good way to avoid adverse outcomes on credit history and borrowing capacity, with selling properties considered a last resort option.

Listen now to learn how you can prepare for and navigate this challenging situation.

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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

• Practical steps to manage the fixed rate cliff

• Implications of switching from fixed to variable rates and adjusting spending patterns

• Cash flow management strategies

• Refinancing and resetting the loan term

• Repayment frequency

• Work with and notify your existing lender

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we will explore the retirement savings system in Australia, commonly referred to as superannuation. We will discuss the significant impact of compound interest on long-term savings and investment growth, as well as the main benefit the superannuation provides.

Throughout this episode, we will discuss what you should look out for when deciding on the right superannuation fund and how you can make informed decisions on your superannuation strategy. Always remember that making informed decisions about superannuation can have a substantial impact on one's retirement wealth and financial security.

Get retirement-ready! Join us to learn about superannuation and choosing the right super fund for your 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

• What is superannuation

• Compound Interest

• Taxation benefits of superannuation

• Retirement income

• Different types of super funds

• How do you decide on what's the best type of super fund

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we discuss debt recycling strategies. Debt recycling involves converting your debt from 'bad' debt (non tax deductible) to 'good' debt (tax deductible). This strategy can help put more money in your pocket as opposed to paying it to the tax office and additionally will result in paying off your home loan faster.

This is a more complex strategy however and hence should only be used if it is aligned to your wealth creation plan and circumstances. Listen to this episode to learn more about the benefits of debt recycling, and discover if it's the right strategy for you.

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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

• Non deductible owner occupied debt

• Basics of a debt recycling strategy

• Who is this strategy best suited for

• Takeaways for debt recycling strategy

• Risks associated with debt recycling strategy

• Considering if you have adequate risk mitigation strategy

• Utilizing some of the benefits of a debt recycling strategy

• Other ways to utilize this strategy

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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 will discuss the collapse of Silicon Valley Bank, the second-largest collapse in American banking history. We'll also talk about how this links to the fall of Credit Suisse which generated fears of a future banking crisis. We will also address the increasing interest rates and employment data. Adding another layer to the challenge of balancing inflation and interest rates in the US. In addition, the expectation of the RBA decision, in light of the recent inflation data and the current difficulties in the US banking industry and what that means for our domestic market.

Stay informed and keep up with the latest developments in the market to make informed investment decisions.

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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 collapse of Silicon Valley Bank, the second largest collapse in American banking history

• The collapse of Credit Suisse with similar issues, leading to concerns about contagion and potential banking crisis

• The future for interest rates

• The employment and unemployment data rate in US

• The Reserve Bank of Australia (RBA) and future rate decisions back home

• Inflation data

• About the property and rental market

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we will discuss franking credits - how it works, the tax benefits, as well as its advantages for creating passive income. We highlight the tools used to optimize and maximize opportunities, including the concessional environment and preservation rules. We discuss how passive income associated with a particular stock versus passive income associated with property has different advantages and disadvantages. We also talk about the role of a good management team in deciding what to do with the profits generated from your investments.

Most importantly, it is important to have flexibility in your investment strategy to anticipate future needs.

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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

• Passive income from property and shares, including capital growth and dividends

• About dividends and its relation to Franking credits

• Franking credits - what they are, how they work, and their tax benefits

• Diversification of investment markets

• About assets

• Passive income associated with a particular stock versus passive income associated with property

• Flexibility in your investment strategy

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we will offer some practical tips for managing the increasing interest rates on mortgages. We explore some options for you to consider with your existing lender, negotiating the interest rates they offer you as well as what to look for when comparing rates with lenders.

We also offer potential options for those struggling with mortgage repayments due to cash flow issues. These options include talking to your lender, switching to interest-only repayments, using redraw money or drawing money out of other investments, considering selling the property, and seeking advice from a financial adviser to help you navigate through it.

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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

• Practical tips for managing increasing interest rates on mortgages

• Exploring options with existing lender

• Negotiating interest rates

• Comparing rates with other lenders

• Refinancing or consolidating debts

• Reviewing household expenses

• Making extra repayments

• Difficulty of managing interest rate increases with inflation

• Five potential options for managing mortgage repayments due to cash flow issues

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we deliver another market update as we talk about the most recent market and economic developments both locally and around the world. We discuss how inflation is affecting households and businesses, consumers, and the stock market. We cover off on the most current US PCE data, Australian inflation numbers from February, tech industry layoffs, and the low unemployment rate.

We also cover off on the difficulties businesses have experienced during the recent reporting season and how reserve banks are responding to try and avoid a recession.. Finally, we'll talk about the RBA's most recent interest rate rise, which was implemented in an effort to offset economic inflationary pressures.

If you are keen on learning more about the present economic climate and how it affects businesses, consumers, and investment markets, then this is the podcast for you!

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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 fear of inflation and its impact on investment markets

• What is the market and economic data in Australia for February

• The effects of layoffs in the tech sector and the low unemployment rate

• How does the reserve banks prevent inflationary pressure on businesses

• The RBA's recent interest rise and what are its effects on the economy

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Welcome back to another episode of the 360 Money Matters Podcast!

Today, we are joined by Rommie Shushtin, a residential property valuer from PRP Valuers. We talk about how property valuers will determine an accurate valuation of your property and some of the different methodologies that can be used. Rommie also shares tips on keeping track of market trends, and how you can maximise the value of your property.

This topic is relevant, as Australia's property market is constantly and drastically changing. We cover how you can utilize the trends so you can make the best investment decisions!

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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

• What does a property valuer like Rommie do

• The property market's current state

• Using property valuer methodologies in your next investment

• Direct comparison approach and summation approach

• What defines a good quality asset and its increase in valuation

• Properties for capital growth

• Suburb and school zones in buying properties

• How full evaluation provides you the best insights before purchasing a property

Resources

Find My School

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Welcome back to another episode of the 360 Money Matters Podcast!

Today, we will be talking all about Capital Gains Tax. We will provide you with tips on how to calculate your CGT and the steps on how you can legally minimize it.

Capital Gains Tax is the tax paid on the profit you made by the rise in your asset value. The CGT is applicable to any asset sold for a gain such as property investments or assets held in superannuation.

While understanding what CGT is, we're sure that many of you will tune in to find out some of the strategies that you can utilise to legally minimise this tax and retain more of your profits in your pocket.

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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

• Understanding the Capital Gains Tax

• Capital gain and cost base

• When do you owe CGT

• Types of assets that attract CGT

• Investment properties and retirement

• Creating the best tax environment for you

• Strategizing your assets and profits

• Utilizing the active asset discount

• How you can legally reduce the CGT

Connect with Billy and Andrew!

360 Financial Strategists

Check out our latest episode here:

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