Steve and Luke review markets over the past fortnight, chat about dividends and tax, discuss the pros and cons of ETF's, and explain the ways in which superannuation can be released before retirement.

Lots to cover, Refinancing Debt, The Double-Edged Sword, The Value of Financial Advice Quantified, Investing, what would a dollar be worth if you invested into Australian Shares 120 years ago. The answer may astound you! Enjoy!

Blog/Article Links

Refinancing Personal Debt - The Double-edged Sword

https://www.stevemayfinancialservices.com.au/refinancing-personal-debt-the-double-edged-sword/

The Dividend Connection

https://www.stevemayfinancialservices.com.au/follow-up-from-dividend-video/

Steve and Luke chat about what's happened over the last fortnight, explain some of the jargon used around superannuation, and discuss how share market crashes have occurred throughout history.

In this episode Steve chats with Ros Thomas of Thomco Tax and Accounting about various end of year tax tips and actions.

•Prepay certain expenses

•Claim a tax deduction for personal super contributions

•Government co-contribution

•Spouse contribution

•Instant asset write off

•Deductions for various occupations

Luke is having a break this week so Steve goes it alone to review the past fortnights happenings and share a few thoughts on whether you need to be rich already to invest.

https://www.vanguard.com.au/personal/home/

https://raizinvest.com.au/

Jenel and Steve chat about the role of a mortgage broker, the state of the property market, interest rates, loan turn around times and key tips for borrowers.

www.gafa.com.au

This week Luke and Steve cover off on some of their Pet Peeves, financial ones that is.

Luke has taken the time to digest the Berkshire Hathaway AGM, and shares some Gold Nuggets from the meeting.

Cryptocurrency, and what successful investors have to say about it.

The media at it again, economists and central banks are forewarning inflation, what does it mean for you and your investments.

Please like, share, review or ask a question, we're more than happy to hear from you.

If you're interested to pursue the Berkshire AGM, webcast link below.

https://www.youtube.com/watch?v=gx-OzwHpM9k

Fortnight in Review - RBA keeps Interest Rates on Hold (0.10% Cash Rate). Housing Market still strong. Upcoming federal budget 11th May. What First Home Buyers or those looking to build a Deposit over the medium Term could do to better position themselves. 'Lock in' financial Investments, buyer beware. And why you probably shouldn't take your advice from morning TV.

Fortnight in Review, Cryptocurrencies, Investment Seminars (be careful). Age Pension, how much is it, and can I have a comfortable retirement on it. COVID Super Payments, what did people spend their money on.

https://www.superguide.com.au/retirement-planning/how-much-cost-live-in-retirement

https://moneysmart.gov.au/investment-warnings/cryptocurrencies-and-icos

https://moneysmart.gov.au/investment-warnings/investment-seminars

In this episode Steve May & Luke Styles cover:

Fortnight in review, market commentary.

Index Funds and how a successful Investor can utilise them in their portfolio.

Basic Debt Structures and Strategies for Investors, and why you might pay your Home Loan debt before you Investment loan debt.

The differences between Income Protection and Workers Compensation, and why you would generally want to be covered by both.

If you enjoyed the episode please rate, comment, or share.

https://www.vanguard.com.au/personal/education-centre/en/guides-topic/understanding-indexing/introduction-indexing

https://www.finder.com.au/income-protection-vs-work-cover