The Strategy Stacker - Luke Talks Money

By Luke SmithSociety & Culture Business Education Kids & Family Investing

The Strategy Stacker - Luke Talks Money episodes

March 03, 2024Luke on 2CC – Risk and your investment portfolio
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 1 March 2024 with Leon Delaney. This week’s show considers risk and your investment portfolio. The show encourages listeners to consider how risky is the portfolio they’re holding. Many people are often surprised about the risk they’re taking within their superannuation when they take a closer look. Risk is something you should give consideration to for investments both inside and outside of super. Thanks for joining us on 2CC or your favourite podcast streaming service.
Key topics covered include:
Risk and your investment portfolio
Have you taken a look at risk?
Why trying to time the market presents risk too
Consider diversification from at lease 3 perspectives: individual investments, sectors, and time (dollar cost averaging)
Be careful of investment portfolio names – balanced might not be balanced, look at the percentage of growth and defensive assets
The difference between growth and defensive investments
Why you need to invest according to your own risk tolerance
Luke shares his top tips around thinking about risk and your investments and super
https://www.envisionfinancial.com.au/wp-content/uploads/2024/03/The-Strategy-Stacker-Luke-Talks-Money-01032024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Is it time to take a closer look at risk and your investments or super?
All investments carry risk. You can manage it through by selecting the right mix of defensive and growth assets that fit your own risk tolerance. Seek financial planning advice if you need help.
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. 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’ soon. You can also 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.
19 min
February 25, 2024Luke on 2CC – Misconceptions around transition to retirement
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 23 February 2024 with Leon Delaney. Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show considers some of the common misconceptions people have around the transition to retirement process and strategy. It surprises many to learn that they can access money from their super through a pension, while still continuing to work, earning money and accumulating superannuation!
Key topics covered include:
What is the transition to retirement legislation and strategy?
Can I use the transition to retirement rules within the PSS like the CSS and other types of super funds?
I’ve got to take a pension on a fortnightly basis?
How much can you take from a pension when you’re in the transition to retirement phase?
Is a transition to retirement arrangement tax free, both the account earnings and the pension payments?
Can you add to a transition to retirement pension?
Does the pension money get added to my taxable income? No!
Can I use the pension income to pay down debt or a mortgage, to pay it off quicker?
Who qualifies for a transition to pension? Find out your preservation age here.
How do you go about using this strategy?
Luke shares his top tips around managing the transition to retirement opportunity.
https://www.envisionfinancial.com.au/wp-content/uploads/2024/02/The-Strategy-Stacker-Luke-Talks-Money-23022024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Have you thought about your own super and retirement planning?
Misconceptions around the transition to retirement pension can stop you from doing what you’d rather be doing! Seek advice if you need help to make the most of your options!
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. 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’ soon. You can also 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.
19 min
February 20, 2024Luke on 2CC – Misconceptions around super death benefits
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 16 February 2024 with Leon Delaney. Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show considers some of the common misconceptions people have around super fund death benefits. A passing of a loved one is a very difficult time. It’s not the time to be surprised about what happens to their super or pension account.
Key topics covered include:
What is a binding nomination in regard to your super?
Did you know your Will has no control over your super or pension account?
There is a difference between a binding nomination and a non-binding nomination!
Family law advice is not the same as a post office Will
Is there tax on my super or pension if I die? It might not be tax-free!
Can I leave money to anyone from a super or pension or does it need to be a relative?
Do nominations lapse from super or pension accounts?
What happens to a nomination in a divorce? Does it still apply? Yes – so update it like your Will
Luke shares his top tips around managing the misconceptions around super and pension fund death benefits.
https://www.envisionfinancial.com.au/wp-content/uploads/2024/02/The-Strategy-Stacker-Luke-Talks-Money-16022024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Have you thought about your own super and retirement planning?
If you’re concerned about what happens to your super or retirement account if you or your partner passes seek advice. Your financial planner can work with your family estate planning solicitor to ensure you put in place an estate plan that meets your goals.
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. 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’ soon. You can also 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.
20 min
February 11, 2024Luke on 2CC – Misconceptions around super funds
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 9 February 2024 with Leon Delaney. Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show considers some of the common misconceptions people have around super funds. There are differences between regular funds and defined benefit funds too.
Key topics covered include:
Can I take money from super tax free?
The pension I take from super when I retire is tax free?
60 or 67 – Is access to super is different to access to Centrelink?
Will the income from my investments pay my pension in retirement?
Can I buy any investment I like within my super fund?
I’m 55, can I take my super as a lump sum from a PSS?
Do all super funds allow transition to transition to retirement – to start a pension while you’re still working?
My fund doesn’t charge me administration fees? Is that good?
Luke shares his top tips around managing the misconceptions around super funds.
https://www.envisionfinancial.com.au/wp-content/uploads/2024/02/The-Strategy-Stacker-Luke-Talks-Money-09022024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about your own super and retirement planning?
If you’re concerned about your super and retirement income, seek personal financial advice to help you understand your options. Most people don’t deal with super every day so it can be complicated.
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. 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’ soon. You can also 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.
21 min
February 04, 2024Luke on 2CC – Misconceptions around pension payments
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 2 February 2024 with Leon Delaney. Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show considers some of the common misconceptions people have around pension payments in retirement. Leon starts the show however by asking a question, what should you do if you won the $200 million Powerball?
Key topics covered include:
What is a pension from super?
Here are some pension payment misconceptions:
Can I go back to work if I start a pension from super?
Do I get a fortnightly payment?
When I start a pension, I need to cash out my investments into a bank account? No don’t!
Can I add money back into super if I’m not working? Yes you maybe able to, it’s got nothing to do with your employment status.
Can I add more money to my pension once I retire?
Do I pay tax on the sale of assets inside of a pension?
Luke shares his top tips around pension payments.
https://www.envisionfinancial.com.au/wp-content/uploads/2024/02/The-Strategy-Stacker-Luke-Talks-Money-02022024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about your own retirement planning?
For retirees, having certainty around your income provides great piece of mind. Seek financial planning advice if you need help with your retirement planning.
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. 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’ soon. You can also 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.
17 min
January 22, 2024Luke on 2CC – Misconceptions around contributions to super
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 19 January 2024 with Leon Delaney. Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show considers some of the common misconceptions people have around making contributions to super. For most Australians, superannuation is the biggest investment outside of their own home. Given how tax effective super is, it pays to know what the rules are in order to make the most of it!
Key topics covered include:
The new year is a great time to think about your super and start making more of it.
There’s lot’s of misconceptions around super such as:
You cannot make a contribution after you retire – that’s actually wrong, you can
When you sell an asset, can I put it all into super – maybe you can, it depends on your situation
I can only make a contribution to super in cash – no, you can transfer in assets to super if your fund allows it
I want to put a lot of money into super, eg lotto win, inheritance, can I? – it depends on your situation
I’m over 75, I can’t make a downsizer contribution – actually you can
What are the key things people need to remember?
Luke shares his top tips around super contributions.
https://www.envisionfinancial.com.au/wp-content/uploads/2024/01/The-Strategy-Stacker-Luke-Talks-Money-19012024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about making more of your own super?
Superannuation can be complex as most people don’t deal with it every day. Financial Planners however do. Seek advice if you need assistance to get more into super.
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. 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’ soon. You can also 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.
0 min
January 15, 2024Luke on 2CC – How to start an investment portfolio
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 12 January 2024 with Leon Delaney. Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show considers how to set up a small portfolio to get your investment plans going – for your kids or grandkids or even yourself! For people looking at starting an investment journey, this podcast will provide some ‘how to’ ideas following on from last week’s show on compound interest.
Key topics covered include:
Busting some myths around starting to invest!
You don’t need to start with a lot, you might even start with just $200
A micro-investment app could be a great place to start
There retail multi-investment products too, it’s prudent to seek advice to help you select the right investment option if you’re inexperienced or don’t wish to do-it-yourself
Regular savings can also help grow and investment portfolio, if you buy into more investments
‘Let it cook’ – remember time and compound interest are your friends
Automation can help you too, direct debit can you save consistently
How do you manage temptation once your investment portfolio grows?
Luke shares his top tips around starting an investment portfolio.
https://www.envisionfinancial.com.au/wp-content/uploads/2024/01/The-Strategy-Stacker-Luke-Talks-Money-12012024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about starting an portfolio investment in 2024?
You don’t need a lot to start. But the sooner you start regular savings into an investment, the sooner you’ll start to benefit from compound interest too. If you need financial advice, 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. 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’ soon. You can also 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.
19 min
January 10, 2024Luke on 2CC – Compound interest, time is your friend!
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 5 January 2024 with Ron Henshaw. Leon’s still on holidays but will return next week. Happy new year to our listeners! Thanks for joining us on 2CC or your favourite podcast streaming service. This week’s show looks at compound interest and the terrific impact it can have on investment returns over time.
Key topics covered include:
What can you do for your children or grandchildren (or perhaps yourself)?
Compounding interest might be the answer!
Can you automate your savings behaviour?
What does $5000 look like over 10 years, with $50 a month savings as an example?
Of course returns over time will change, but compounding still occurs over time
Many people don’t think long term, many people also don’t think multi-generational wealth outcomes
Where might you save or invest? Remember all investments have risk!
How do you start?
Additional resource – check out the Money Smart Compound Interest calculator.
Luke shares his top tips around saving and compounding interest
https://www.envisionfinancial.com.au/wp-content/uploads/2024/01/The-Strategy-Stacker-Luke-Talks-Money-05012024.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about saving into an investment in 2024?
Time is your friend. The sooner you start the more you can benefit from compound interest over time. If you need financial advice, 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. 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’ soon. You can also 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.
18 min
December 23, 2023Luke on 2CC – New Year Resolutions, 2024
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 22 December 2023. Thank you to everyone who has tuned into 2CC this year to listen to Luke, and a special shout out to the ‘The Strategy Stacker – Luke talks Money’ podcast listeners too. Thanks for joining us on your favourite podcast streaming service. This week’s show, the final of the year looks at New Years Resolutions – 2024. A new year is a great time to renew, refresh and reprioritise your goals. We wish you a Merry Christmas and hope 2024 moves you closer to achieving your personal financial goals.
Key topics covered include:
2024 has been a challenging financial year with cost of living and interest rate rises
Be realistic with you goals
Bring some requirements and consequences to your goals – don’t make them too easy, it will help you keep focus
Don’t compare yourself to friends and others
Use automation to help reach your goals, to save or pay bills
Have a clean out and sell what you don’t need
‘Consistency always wins’
Set short term goals and break down long term goals into short-term goals
Managing credit cards in 2024
The benefits of using cash
Luke shares his top tips around for making 2024 a great year financially
https://www.envisionfinancial.com.au/wp-content/uploads/2023/12/The-Strategy-Stacker-Luke-Talks-Money-22122023.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about your financial goals in 2024?
New Year Resolutions are a great time to refresh and re-prioritise your goals. If you need help with your financial goals, seek advice. Luke and the team at Envision Financial Services wish you a safe and prosperous 2024.
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. 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’ soon. You can also 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.
17 min
December 17, 2023Luke on 2CC – Spend Christmas well, with a plan!
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 15 December 2023. This week’s show asks a cracker of a question as the Christmas holidays approach quickly: How can I get through Christmas without blowing the budget? Perhaps more than at any other time during the year, Christmas brings a lot of expectations and emotions with it that can impact how you spend.
Key topics covered include:
Is it time to have a plan around Christmas spending?
Do you ask people what they want for Christmas or are you buying something just for the sake of buying something?
Set up an agreement with your family – can you just by for the kids?
Can you put a limit on how much you spend of a Christmas gift.
Online shopping might help you plan better and avoid queues.
Check your credit card limit and lower it if you need to.
Shop with cash, you can’t overspend when you only have cash to pay with.
Post Christmas sales provide cheaper gifts if people can wait.
If you do find yourself with credit card debt in January, turn it into a personal loan with lower interest, or switch to a credit card that offers transfer with free interest for a period.
Don’t compete with others when it comes to gift giving. Do what’s right for your budget.
Luke shares his top tips around Christmas spending.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/12/The-Strategy-Stacker-Luke-Talks-Money-15122023.mp3

Also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Are you thinking about your financial plans next year?
Planning is important – Even at Christmas. Gift cards make a great option too. Make agreements with family members to set spending limits, so no one blows their budget to have a Merry Christmas and a Happy New Year!
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. 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 – it’s the final show of the year. You can also 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 and makes a great Christmas gift.
17 min

About The Strategy Stacker - Luke Talks Money

From the publisher's feed

Luke Smith is The Strategy Stacker. He's an experienced financial planner and each Friday afternoon talks about money with Leon Delaney on 2CC Talking Canberra. Luke's down to earth approach breaks…