The Strategy Stacker - Luke Talks Money

By Luke SmithSociety & Culture Business Education Kids & Family Investing

The Strategy Stacker - Luke Talks Money episodes

October 01, 2023Luke on 2CC – Interest only repayments – When might you use it?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 29 September 2023. The show today looks at loan repayments. When you pay back a home loan you can make interest only repayments or principal and interest repayments. The topic this week for the show is: Interest only repayments – are they good or bad? When might you do it?
Key topics covered include:
What is an interest only repayment on a loan?
When might you use interest only repayments?
How long can you hold an interest only loan?
Can you change lenders and get a new interest only loan period?
What are some reasons why you might use an interest only loan repayment?
Can it be fixed rate or a variable rate?
Remember interest payments on investment loans (such as a property) are tax deductible.
Finally, Luke shares his top tips around making interest only repayments.
Remember seek advice if you need help. You don’t have to go it alone, it’s complicated sometimes making strategies work together.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/10/The-Strategy-Stacker-Luke-Talks-Money-29092023.mp3

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

Is your financial plan working for your current situation and future retirement?
Interest only repayments can be useful in some situations and can be used with an offset account too. If you need advice to get your financial life working better to achieve your goals, then seek it. You don’t need to go it alone.
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 with consideration of your cashflow and debt. 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 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
September 25, 2023Luke on 2CC – How can I make a contribution to super and lower my tax?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 22 September 2023. The show today looks at breaking some of the myths around super, especially around growing it, while getting a tax deduction for it. The topic this week for the show is: How can I make a contribution to super and lower my tax?
Key topics covered include:
What is a deductible contribution to super?
What are the ways to make a deductible contribution to your super?
A personal deductible contribution means you can make a contribution to super and get a tax deduction.
Don’t forget your ‘Notice of Intent’ that you wish to claim a tax deduction. Make sure you send it to your fund.
Give the funds reply to your notice to your accountant a tax time, they can claim the deduction when doing your return.
What happens if I don’t put in a notice of intent – do I miss out on my tax deduction? Yes you do!
Would there ever be circumstances where you don’t want to claim a tax deduction by contributing to super?
Don’t forget about the limits on how many contributions you can make to super each year.
Finally, Luke shares his top tips around making contributions to super.
Remember seek advice if you need help. You don’t have to go it alone, it can be complicated especially when you don’t deal with it everyday.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/09/The-Strategy-Stacker-Luke-Talks-Money-22092023.mp3

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

Do you need help with your super or retirement plans?
Super can be complicated, especially when you don’t deal with it often. If you need help to work out your super contributions or a retirement plan, seek financial advice.
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. 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
September 18, 2023Luke on 2CC – What’s the difference between a self managed super fund and a personal super fund?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 15 September 2023. Did you know some people move from an industry super fund into a self managed superfund? Maybe you’re one of them. Did you know there’s something in between – ‘a personal super fund’. The topic this week for the show is: What’s the difference between a self managed superfund and a personal super fund?
Key topics covered include:
Regardless of the type of superfund, all funds operate under the same rules
Different super vehicles have different features, you need to find the vehicle that’s right for your needs
A personal super fund for example has a wide variety of investment options, like a self managed super fund – shares, efts, managed funds
You can’t however buy a property in a personal super fund like you can a self managed super fund.
A self managed super fund requires you to complete all trustee and administration work where a personal super fund takes care of that for you.
There are other differences with personal super funds too, that’s a step between industry and self managed funds.
Personal super funds also provide options with dividends, franking credits, estate planning and at retirement too.
Finally, Luke shares his top tips around selecting the right super fund for you
Remember seek advice if you need help. You don’t have to go it alone, it can be complicated especially when you don’t deal with it everyday.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/09/The-Strategy-Stacker-Luke-Talks-Money-15092023.mp3

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

Do you need help with your super or retirement plans?
Have you thought about the super vehicle you’re driving and is it delivering the features and benefits you need to reach your retirement destination? Seek advice if you need help with your retirement goals and savings.
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. 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
September 11, 2023Luke on 2CC – What is dollar cost averaging and why would you use it when investing?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 8 September 2023. At the start of Spring it’s been a little cold in Canberra this week but hopefully more summer weather arrives soon. The topic this week for the show is: What is dollar cost averaging and why would you use it? In this podcast Luke explores the key issues.
Key topics covered include:
When is a good time to buy into an investment?
What is dollar cost averaging?
Can you use the strategies in different types on investments?
How it works to smooth volatility over time.
Can you use this strategy in investment wraps or personal super funds?
Can automation help you implement this strategy into your preferred investments?
Remember your why, why are you buying the investment?
Don’t forget about dividends too.
Finally, Luke shares his top tips around looking at the dollar cost averaging investment strategy.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/09/The-Strategy-Stacker-Luke-Talks-Money-11092023.mp3

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

Do you need help with dollar cost averaging and your investment plans?
Dollar cost averaging is an investment strategy that can help you smooth your entry into an investment and manage volatility. Seek 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’ next week. 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
September 04, 2023Luke on 2CC – Is a superannuation balanced fund option really balanced?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 1 September 2023. Spring has arrived and Christmas is really just around the corner. The topic this week for the show is: Super investment options – Is a balanced fund really balanced? In this podcast Luke explores the key issues.
Key topics covered include:
What super fund members think balanced means
What balanced actually means will depend on your fund – it’s a label
What are growth assets?
How many growth assets are found in some balanced funds?
Obviously to a financial planner, a balanced approach is 50:50
When comparing funds, it’s important you compare like for like so look at the asset allocations not the labels!
Asset allocation is important because it determines the risk you’re taking
Think of investment risk like driving a car? Basically, the speed you drive at is like the risk you’ll take
So is investing in defensive assets without risk?
Finally, Luke shares his top tips around looking at super fund investment options.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/09/The-Strategy-Stacker-Luke-Talks-Money-01092023.mp3

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

Do you need help to review your superannuation and investments?
A balanced super fund might not be as balanced as you think. This makes comparing different funds difficult. Seek financial advice if you need help to reach your goals with more confidence.
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. 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
August 28, 2023Luke on 2CC – What is risk and how do you manage it?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 25 August 2023. The topic this week for the show is: What does risk really mean and how do we manage it? It’s an important topic as it affects everyone’s financial plan. In this podcast Luke explores the key issues.
Key topics covered include:
It’s important to separate the investment vehicle from the risk
Assets like shares carry some uncertainty
People have different attitudes about risk
What you invest in determines risk, how fast will you drive your investment vehicle?
There’s also an exposure in being too conservative, you might not keep up with inflation
How do you assess it in your super and assess the investment options of your the fund?
There’s strength in diversification to help defend against investment risk
Should your age determine how you view it? Luke says No.
Finally, Luke shares his top tips around managing risk
https://www.envisionfinancial.com.au/wp-content/uploads/2023/08/The-Strategy-Stacker-Luke-Talks-Money-25082023.mp3

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

Do you need help to manage the risk within your own financial plan?
Risk is an important consideration in any financial plan as it can impact the outcomes that you achieve. If you need help with your planning or how to manage risk you don’t need to go it alone, seek advice.
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. 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
August 20, 2023Luke on 2CC – Where do you begin to start investing?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 18 August 2023. The topic this week for the show is: Where do you begin to start investing? It’s back to the fundamentals this week on a topic that’s a corner stone to the financial plan of most people. Investing is a topic that’s of concern to parents with children too, to help them start to move forward in their own financial lives and start good financial behaviours.
Key topics covered include:
The biggest misconception is that you need lots of money to start investing
The benefit of compound interest over time
Where is a good place to start investing and can you use technology to help?
Good consistent saving and investment behaviour is very important!
Why diversification is important and how might you achieve it?
Finally, Luke shares his top tips about where to begin to start investing.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/08/The-Strategy-Stacker-Luke-Talks-Money-18082023.mp3

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

Do you need help to map out your own investment plan?
How are your non-super investments going and how can set up some good behaviours for your kids? Seek advice if you need help with your savings and investment plans to help you reach your own 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’ next week. 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 Smart Money Strategy is out now.
18 min
August 14, 2023Luke on 2CC – How much money can I take when starting a pension from super?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 11 August 2023. Luke starts the show sharing some recent good advice experiences. There’s a lot of misinformation out there and people often don’t know about the decisions they can make to achieve their goals sooner. The topic this week for the show is: How much money can I take when starting a pension from super? It’s an important one for pre-retirees who need to replace their work income with an income stream from their super.
Key topics covered include:
Spend some time planning your retirement.
What is a pension from super?
How often can you receive a pension payment?
Do I have to leave work to start a pension?
What’s the transition to retirement pension option?
How much money can I take when starting a pension from super?
Your pension payments are tax free if you’re over 60!
If you pass there’s tax payable to non-dependents if you leave money to them.
Can you go back to work after you retire and will you still be eligible for super?
Finally, Luke shares his top tips when starting a pension from your super.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/08/The-Strategy-Stacker-Luke-Talks-Money-11082023.mp3

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

Do you need help to map out your retirement plan?
Retirement planning can be complex and there are rules around when you can take money from your super as well as how much you can take. If you’re married it’s important both parties line up their plans too, to make the most of their 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’ next week. 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 Smart Money Strategy is out now.
18 min
August 07, 2023Luke on 2CC – Investing in property. Part 5: Conveyancing
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 4 August 2023. Luke this week is joined by Sara Mason-Jones, a highly experienced solicitor with expertise in residential and commercial conveyancing and commercial leasing at Trinity Law. The topic this week for the show is: What is conveyancing and why is it important?
Key topics covered include:
What is conveyancing and what are you looking for when undertaking it?
When should you start seeking the services of a solicitor in the property buying process?
Can you get a contract before you bid at an auction?
Can you negotiate a contract if you’re not going through an auction?
What do key terms mean: ‘Exchange’ and ‘Settlement’?
How does stamp duty work?
How does settlement occur between the buyer, seller, solicitor and bank?
Finally, Sara shares her top 3 tips when thinking about conveyancing and buying a property.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/08/The-Strategy-Stacker-Luke-Talks-Money-04082023.mp3

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

Do you need help to map out your own financial plan?
Conveyancing is an important process when buying a residential or commercial property. It can be complex so seek advice from an expert before you make a decision to purchase.
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, 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. If you’d like to talk to Sara at Trinity Law to talk about Residential or Commercial Property Conveyancing, Luke and his team will be able to refer you to her at no cost. You can also contact Sara directly on 6163 5050 or by clicking here.
Luke will return to 2CC to talk about other ‘Money Matters’ next week. 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 Smart Money Strategy is out now.
17 min
July 28, 2023Luke on 2CC – Investing in property. Part 4: Trends and Selling Tips
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 28 July 2023. Luke this week is joined by Anthony McCormack, an experienced Residential Agent at Haymen Partners. The topic this week for the show is: What are the current residential property trends and selling tips for owners?
Key topics covered include:
How are interest rates affecting residential property right now?
Are parts of the market stronger than others?
What is the first home buyers bracket now in the ACT?
What sort of yields (returns) are people getting on property rentals?
Is the unit market still strong? What market is buying them?
What are some selling tips for people selling property? How does styling work?
Airbnb – how’s that market going?
Anthony shares his key tips for sellers in the current environment.
https://www.envisionfinancial.com.au/wp-content/uploads/2023/07/The-Strategy-Stacker-Luke-Talks-Money-28072023.mp3

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

Do you need help to map out your own financial plan?
Real estate is a significant investment – for both buyers and sellers. When you’re selling it’s important you find the right real estate partner to work with and take the time to present your property well. Seek 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, retirement and more! 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. If you’d like to talk to Anthony at Haymen Partners to talk about Residential Property, Luke and his team will be able to refer you to him at no cost. You can also contact Anthony directly on 0425 283 588 or by clicking here.
Luke will return to 2CC to talk about other ‘Money Matters’ next week. 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 Smart Money Strategy is out now.
18 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…