360 Money Matters

Welcome back to another episode of the 360 Money Matter Podcast! Investment markets have been moving so rapidly in the last few months, we figured it would be important to highlight some of the key takeaways.

In today's episode, we'll be sharing a quick and accurate rundown of what's happening in the Australian and World Markets.. Beginning with the inflation, the property market, possibility of recession in the US and the status of the stock market. All these sectors have an impact on your finances & investments and can influence your strategy and investment.

Amidst all the market updates and noise, we want to remind you to think long-term. Invest wisely in good quality assets and stay within your capacity so you can reach success in your finances!

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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:

• Inflation
• Property market
• Household saving & employment figures
• Possible recession in the US market
• Stock Market
• How all these relate to you and your finances

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Welcome back to another episode of the 360 Money Matter Podcast! Lender's Mortgage Insurance - To pay or not to pay, that is the question.

Apart from the loan you take out, there is a Lender's Mortgage Insurance (LMI) included when the bank has to lend more than 80% of the property's total value. However, this insurance premium doesn't benefit the borrower but only serves as a safety blanket for the lender. While this can seem like an unnecessary cost and simply waiting to save more money may seem like the most appropriate answer, there may actually be a case for incurring this cost.

We want to help you weigh up your options! It's a matter of knowing your financial capability, comfort level, confidence in committing to repayment, and considering your personal circumstances.

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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 LMI
• The 80:20 Loan-to-Value Ratio
• Considering the Rising Market and how this can impact decision making
• Getting into the market sooner
• Risks of taking a larger loan amount
• Is it an affordable and viable strategy for you?

Connect with Billy and Andrew!

360 Financial Strategists

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Welcome back to another episode of the 360 Money Matter Podcast! Assets are the modern-day version of treasures. In order to take care of your treasure, you'd have to pick the most suitable and safe structure you could store it in.

Before choosing where to place your assets, there are key things you must take into consideration. We want to put emphasis on choosing the right ownership structure for your assets right at the start. This will help you maximize how you handle your assets. In this episode, we're sharing with you the importance of planning, so you can protect your assets and make the most out of it.

It all begins with choosing the right circle of advisors who clearly understands your vision.

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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 3 ownership structures
• 2 main challenges to overcome when considering ownership structures
• Comparing the tax rates of the 3 ownership structures
• Elements of tax
• Owning and protecting assets
• Planning and choosing the right structure for you
• What to consider when housing your assets
• Engaging with the right advisors
• Estate Planning
• Creating a circle of advisors focused on your individual strategy

Connect with Billy and Andrew!

360 Financial Strategists

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Welcome back to another episode of the 360 Money Matter Podcast! One of the most common misconceptions in financial planning is the separation of the assets from cash flow. We often deal with the resistance of people when it comes to converting their assets into income.

While we understand the emotional attachment to the asset, especially when it comes to property, producing income to support your lifestyle is one of the most important things to enhance the quality of your life. We work with our clients to navigate these issues and make decisions that make them feel confident about their financial future.

By the end of this episode, we hope to have widened your horizons when it comes to your choices in dealing with the crisis of being asset rich and cash poor. Plan ahead with your financial advisers now!

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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, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• What being asset rich and cash poor means
• Various options in converting assets into cash
• Different types of assets
• Why people resist selling properties
• The importance of advance planning for your assets

Connect with Billy and Andrew!

360 Financial Strategists

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Welcome back to another episode of the 360 Money Matter Podcast! When will you know you're ready to begin investing? Many people believe that investing requires a large sum of money and that it would take years to save a sizable amount in order to start investing. This mindset on investing is very far from the truth. The key to successful investing is to begin early, stay invested and invest for the long term.

Today's episode is all about getting started with investing, the benefits and tips of starting early, and the power of compound interest. Your time in the market is critical in investing, because the earlier you start, the more time you give yourself for your money to grow.

And now it's time to listen to this episode to get the right operating rhythm when starting your investment journey!

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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, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• The power of compound interest
• Investment opportunities in the market
• Risk and return of investment
• Long-term investment goals

Connect with Billy and Andrew!

360 Financial Strategists

Check out our latest episode here:

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Welcome back to another episode of the 360 Money Matter Podcast! No one is more concerned about your financial well-being than yourself. So, having a good financial plan will help you save money, time, and meet long-term goals.

In this milestone 50th episode, we will go over some of the steps to creating your own financial plan, including the elements that we look at when putting a plan together for our clients.

There are some nuggets of gold in this episode, so grab a pen and paper and take note, as this is one that you won't want to miss.

Episode Highlights:

• Understanding your assets and liabilities
• Determining cash flow
• Bucketing strategy
• Developing an investment strategy
• Estate planning

Connect with Billy and Andrew!

360 Financial Strategists

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Welcome back to another episode of the 360 Money Matter Podcast! In today's podcast, we talk about buy/sell arrangements and how business partners can protect their business interests in the event of death or permanent disability. These events could be unpredictable and thus require advanced planning.

With the example of our partnership, we are going to walk you through what the Buy/Sell Agreement is all about, who is involved, what health considerations should be taken in the underwriting of the contract, ownership structures and valuation methodology.

If you are planning to enter into business with someone else or if you are in business with a partner, then this is the episode 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, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Defining Buy-Sell Agreement
• Who are involved in the agreement
• Some considerations to take for each partner and their families
• Importance of reviewing the Buy-Sell Agreement
• Talk to a licensed financial professional

Connect with Billy and Andrew!

360 Financial Strategists

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Welcome back to another episode of the 360 Money Matter Podcast! Usually, when we prepare to invest, we're also prepared to potentially lose our money if we don't tread carefully. But did you know there are options that are available with zero risk? They've been around for a while now and aren't new to the market– They're not for everyone, however, they can form a hugely beneficial part of an investment strategy. If you are willing to lock away your money for a certain number of years, this is definitely an option to look into!

In today's episode, we'll be going into Capital Guaranteed Products. In essence, these products are investment options that allow us to invest in growth assets, shares, properties, infrastructure, and a whole bunch of other assets with zero risk. While that sounds too good to be true, they're actually quite a great tool for wealth!

Join us as we talk about its pros, cons, and how this could be a great addition to your investment portfolio!

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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, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• How Capital Guaranteed Products work

• Long term horizon

• The benefits and drawbacks

• A breakdown of some sample numbers

• How CGP can for part of a broader strategy

• Who these products are suited to

Connect with Billy and Andrew!

360 Financial Strategists

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Welcome back to another episode of the 360 Money Matter Podcast! As the world and Australia feel the impact of inflation and rising prices, it raises the question; is it the right time to invest in property?

In this episode, we really wanted to emphasize that when you begin investing in such a large scale asset, you need to work within your means and really assess the affordability - even if things don't go to plan. Make sure that property is the right thing to be investing in with regards to your circumstances at the time, rather than trying to time the market perfectly. If history is anything to go by then the best time to invest would have been yesterday and the next best time would be 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, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights: • Increasing interest rate environment • Current media hype • The impact of those interest rate increases • Where is the property market at the moment? • Focus on your personal situation and financial position • Thinking long term

Connect with Billy and Andrew!

360 Financial Strategists Check out our latest episodes here: Apple Podcasts Spotify Google Podcasts

Welcome back to another episode of the 360 Money Matter Podcast! Making mistakes is just an unfortunate by-product of investing and something that anyone who has participated in financial markets has experienced. We will share some of the missteps that we have made in the past or have seen our clients make and how you can avoid this.

In this episode, we wanted to sit down and talk about common mistakes we see daily in the financial management space. Be it sticking to a timeframe or filtering sensationalization of media, there are many takeaways in this conversation! While we know that avoiding risk is an innate need as humans – however, it's important to stick to the financial plan and strategy to avoid losing money in the long run.

Don't miss out on this great episode!

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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, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Stick to your financial plans

• Filtering media sensationalization

• Being a diversified investor

• Dollar-cost averaging

• Expect volatility

Connect with Billy and Andrew!

360 Financial Strategists

Check out our latest episodes here:

Apple Podcasts

Spotify

Google Podcasts