Steve and Luke catch up to discuss the fortnight in review.

Why looking at past performance of investments can be misleading, and an apple with apple's comparison often very difficult.

Starting within the end in mind, why you should be reverse engineering your financial plan

The explosion of Share Trading accounts and what to be wary of when using them.

SMSF Property Investing and being wary of property spruikers, tips & traps.

Luke and Steve talk about the markets over the past fortnight, is the "cheaper to buy than rent" argument a valid one?, nuggets of wisdom from Warren Buffet, and the traits of the wealthy.

https://www.berkshirehathaway.com/letters/2020ltr.pdf

We chat about the housing market last fortnight and the unprecedented increase in prices. Steve had a chance during the week to catch up with a local agent and get the scoop.

Income Protection Insurance, what's covered and why should you have it. Also, does it typically cover redundancy, and if it doesn't, is that such a bad thing.

The increasing costs of financial advice, and what's caused this.

Elon Musk at it again, what's he done with Bitcoin.

In this episode Steve enjoys a beverage with Ros Thomas whilst discussing Self Managed Super Funds.

What are they?

How are they structured?

The responsibilities of Trustees

Pros and Cons

Housing Market, the continued rise of Australian Housing. What's caused this and can it last.

Common Loan Interest Rate Structures, Fixed & Variable some of the Advantages and Disadvantages of each.

Melissa Caddick. The Sydney woman who disappeared and allegedly stole millions from close associates.

Game Stop, the spectacular rise and fall of a small US gaming Retailer.

ASIC Financial Adviser Register. If you are receiving Personal Financial Advice, the person providing it should be on this register. If not 'Run the opposite Direction'

https://moneysmart.gov.au/financial-advice/financial-advisers-register

About the Money Men....

Steve and Luke are colleagues with a passion for educating people about financial matters. They believe that financial literacy is one of the keys to unlocking a person's potential to achieve wealth, whatever that may mean for them individually.

When they are not recording The Money Men Podcast, they work as Licensed Financial Planners within Steve's Business. 'Steve May Financial Services'

Steve goes it alone in this episode due to some very wonderful news for Luke! In this episode he chats about identity theft, salary sacrifice and capital gains tax. Don't worry - Luke will be back for the next episode.........

In this first episode of 2021, Luke and Steve chat about a variety of topics including the best performing Aussie stocks of the past 12 months, the sensationalism of news headlines, some of the discussion taking place regarding superannuation, and the perils of trying to time the market.

In this first season end of year wrap up, Steve & Luke discuss the habits of the wealthy.

Getting On Top of Your Cashflow, the Importance of Taking an Interest in your Super, Saving Money, The Power of Starting Early, Compounded Returns, The Benefit of Getting Financially Educated, Knowing when to Outsource and Get Help, Protecting your Wealth.

Other Resources:

https://themoneymen.com.au/

https://moneysmart.gov.au/

https://motivatedmoney.com.au/product/motivated-money/

In this Beverage with an Expert edition, Steve chats with Michelle Jardine about setting up a business, the business financials, marketing and staffing, the importance of having a team of professionals available, and the growing pains small businesses can experience.

www.michellejardine.com.au

www.themoneymen.com.au

Steve and Luke (The Money Men) talk with Andrew Kaprilian about Andrews Experience as a Licensed Real Estate Agent, the Local Residential Property Market (Newcastle & Lake Macquarie), Market Trends, tips for Sellers and tips for Buyers. And, the million dollar question, should I buy or should I wait?

We caught up with Andrew 6 months ago on episode 25, but this episode is a must if you're keen to understand all things Property at the coal face.

https://www.facebook.com/andrewkaprilian1/

http://creer.com.au/?/staff/103764/andrew-kaprilian/