November 25, 2024

Luke on 2CC – Is it time to take profit from your super fund or your pension?

19 minutes

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired live on Friday 22 November 2024. Luke joins Leon Delaney in the studio to talk about taking profit from your super fund. Investors in the recent times have had great returns on their superannuation. With many enjoying double digit returns right now, Luke asks the question: Is now a good time to take profits from your superannuation fund?

It is of course important to remember that returns fluctuate and there’s lots of things out of your control that can impact your investments so is there action you should be taking right now?

Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’.

Key topics covered include:

Is now a good time to take some profit from your super fund?

If you’re in pension phase of super, you can take your profit tax free

How would you feel if you didn’t take some profit and markets fell right now?

Why is now a good time to take a profit?

Can you mitigate capital gains on poor performing assets if you’re not in the retirement phase?

Has your risk allocation changed given rising markets? Asset allocation is important.

What do you with the profits you take?

Does the fixed interest outlook (falling interest rates) mean that now is a good time to lock in a fixed interest investment?

What about if you’re still in the super phase? What are your options?

Luke share’s his tips when considering taking a profit.

https://www.envisionfinancial.com.au/wp-content/uploads/2024/11/The-Strategy-Stacker-Luke-Talks-Money-22112024-1.mp3

Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’

Do you need investment advice to help you move forward with confidence?

Rising markets mean many investors and super fund holders have seen really positive returns. But is now the time to take some profit? If you need personal advice to help you make more confident decisions, make an appointment to speak with Luke.

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement. Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.

Luke will return to 2CC to talk about other ‘Money Matters’ next week. You can catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.

We look forward to your company again and Luke’s book Smart Money Strategy is out now.

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By Luke Smith