The Strategy Stacker - Luke Talks Money

By Luke SmithSociety & Culture Business Education Kids & Family Investing

The Strategy Stacker - Luke Talks Money episodes

October 09, 2022Luke on 2CC – Generating income from your investment portfolio
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 7 October 2022. Leon’s on holiday this week, but Luke is joined by a guest host. This week’s topic for discussion is: How do I generate income from my investment portfolio?
Key topics covered include:
Different assets have different sets of performance expectations within a portfolio
Asset allocation is what we call the mix your different assets within a portfolio
Asset allocations fall into two categories – growth assets and income assets
How much income do you need? Your income needs will change in retirement too!
What kind of income can you expect to earn from shares? How does it differ between Australian and overseas shares?
What kind of income can you expect to earn from property?
What is infrastructure and how does it generate income?
What do fixed income and cash generate as income?
What should people keep in mind when trying to generate income in your portfolio?
What is the benefit of franking credits in generating income?
Luke shares his top tips around investments and generating income.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/10/The-Strategy-Stacker-Luke-Talks-Money-07102022.mp3

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

Do you need financial advice to generate income?
Making decision to invest can be complex. Seek advice if you need assistance and before you make important decisions. Generating income is a goal of many wealth accumulators and retirees, while managing risk.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and/or retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again and sharing more news about the book that’s coming in 2023!
20 min
October 02, 2022Luke on 2CC – Are dividends directly tied to share prices?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 30 September 2022. They start the show by talking about the Queensland Government’s decision to drop it’s tax grab for people who own property in Queensland but don’t live their full time. This week’s topic for discussion is: Are my dividends tied directly to the value of the shares that I own?
Key topics covered include:
There’s lots for volatility in the market right now
Income for you through a share dividends is the result of company earnings and profits.
The share price however is the result of sentiment
Why is it important to understand the difference?
Why diversification remains important
Making sure your invested according to your risk profile is also important
What are franking credits and why are they important?
Luke shares his top tips around investments, dividends and market volatility
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/10/The-Strategy-Stacker-Luke-Talks-Money-30092022.mp3

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

Do you need financial planning or investment advice?
Making decision to invest can be complex. Seek advice if you need assistance and before you make important decisions.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and/or retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again and sharing more news about the book that’s coming in 2023!
17 min
September 26, 2022Luke on 2CC – Why do you need an accountant?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 23 September 2022. This week’s topic for discussion is: It’s tax time – Why do you need an accountant?
Key topics covered include:
Who needs an accountant?
Rules change all the time – do you keep up-to-date with the rules?
Accountants also give advice before you make decisions too – not just do a tax return.
There’s danger in doing what your mates do, rather than seeking advice.
Did you know an accountant’s tax return fees a tax deductible?
What are the other benefits of using an accountant?
Luke shares his top tips around the reasons to use an accountant.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/09/The-Strategy-Stacker-Luke-Talks-Money-230922.mp3

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

Do you need financial planning advice?
Did you know accountants do more than just tax returns? Are you making the most of your accountant? Many people don’t. When you get your tax done this year ask about what else they can do for you.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and/or retirement planning. Envision Financial can also refer you to an accountant if you need one. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again and sharing more news about the book that’s coming in 2023!
17 min
September 18, 2022Luke on 2CC – Buying a property, what should you consider?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 16 September 2022. This week’s topic for discussion is: What to think about when buying a property?
Key topics covered include:
The same kinds of issues tend to apply to a property you want to live in or a use as an investment.
Understand the rules and regulations around buying property in the state you’re buying in.
Rates, taxes, body corporate fees all apply and you need to factor in your costs to get into your thinking.
Interest rates and maintenance costs also apply so factor these in too.
Consider how many units/owners are in a body corporate, more people mean more can contribute should issues arise.
Align your purchase with your why – your reason for buying.
Remove the emotion from the transaction, it’s hard to do but vitally important.
What are the things you should look out for? Things like ownership, capital gains tax into the future, age of property.
Luke shares his top tips around property to consider before you make a decision.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/09/The-Strategy-Stacker-Luke-Talks-Money-16092022.mp3

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

Do you need advice on investing?
Investing in property can be complex. Many people don’t consider all of the costs though so you might be earning less than what you think you will earn. Seek advice before you make big financial decisions.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and/or retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
17 min
September 11, 2022Luke on 2CC – Setting a financial plan – Where do you start?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 9 September 2022. This week’s topic for discussion however is: Setting a financial plan – Where do you start?
Key topics covered include:
Many people are not sure where to start when it comes managing their financial lives.
There might be a lot of things you need to do and it can be quite overwhelming, which means many people just don’t start, because they don’t know where to start from.
A good place to start is to look at your expenses
Start something from those savings
What do you do with your savings once you’ve built a cash balance?
The earlier start, the more you’re going to benefit
Where do people go wrong?
Luke shares his top tips around making a start on your own financial plan.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/09/Luke-Smith-Podcast-090922.mp3

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

Do you need advice on starting your own financial plan?
Have you thought about your own financial plan? Where do you start? If you need advice make an appointment to speak with a financial planner. They can help support you to reach your goals and offer some financial strategies too.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and/or retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
17 min
September 04, 2022Luke on 2CC – Borrowing to invest, is it all tax deductible?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 2 September 2022. They start the show however by talking about the Jobs and Skills Summit. It was proposed that pensioners can continue to work without loosing any entitlements, up to an amount of $4000. This however is only proposed as short-term measure. It might however help with Australia’s present skill shortage, if passed by Government. This week’s topic for discussion however is: Borrowing to invest, is it all tax deductible?
Key topics covered include:
Many people make investment decisions using borrowings without tax planning
This can lead to disappointing outcomes
Your accountant is your primary source of personal tax information
The interest on borrowing money to buy your home is not tax deductible
However, the interest on borrowing money however to buy a property and rent it is tax deductible
The interest on borrowing money to buy a share or investment portfolio is also tax deductible
The purpose of the borrowing determines if the interest is tax deductible or not
A redraw facility and an offset account are not the same thing when it comes to tax deductibility
Ensure the right purpose and the right structure from the start
Luke shares his tops tips in regard to thinking about investments and borrowings
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/09/The-Strategy-Stacker-Luke-Talks-Money-02092022.mp3

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

Do you need advice on investments?
It’s really important to seek advice on tax planning before you make borrowing decisions. Your accountant is a valuable source of information on personal tax matters.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
19 min
August 28, 2022Luke on 2CC – Super contributions, are they all the same?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 26 August 2022. This week’s topic for discussion however is: How do things differ between the different types of super contributions?
Key topics covered include:
The rules change over time in regard to super
Do you want to claim a tax deduction or not?
What are the limits for the different contribution types?
Remember the limits apply on a per person basis (not across couples as many people think)
Don’t forget about the down-sizer rules too if you’ve sold your home – available to people over 60 years of age (from 1 July 2022)
What is the transfer balance cap? It applies to defined benefit funds too.
Additionally, don’t forget about the tax implications for your adult children too with reference to your estate planning. Remember to start with your ‘why’ or your goals upfront.
Luke shares his top tips to consider around making contributions to super.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/08/The-Strategy-Stacker-Luke-Talks-Money-26082022.mp3

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

Do you need advice on super contributions?
Super contributions are a great way to boost your super. There are however strategies for taxation and estate planning you may consider upfront too, before you take action. Seek advice if you need to.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
18 min
August 20, 2022Luke on 2CC – How do you switch super funds?
Thinking about changing your super fund provider? How do you switch super funds?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 19 August 2022. Leon and Luke start the show by talking about what average annual earnings are right now – $92,000 a year for full time employees. This week’s topic for discussion however is: How do you move your super from one fund to another fund?
Key topics covered include:
The way you switch super funds has changed over time
How you switch funds will depend on the type of fund you have
What’s the process for switching super funds?
Do I have to roll over the entire account balance?
Why might you want to switch super funds? There’s a lot of reasons why you might make a change.
Don’t forget about insurance – your new fund might not cover you or offer differ terms and conditions.
Luke shares his top tips to consider around switching super funds.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/08/The-Strategy-Stacker-Lule-Talks-Money-19082022.mp3

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

Do you need advice on switching super funds?
There are many reasons why you might switch super funds. It’s not just about poor performance. Make sure you understand what you’re moving to and seek advice if you need assistance.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
18 min
August 14, 2022Luke on 2CC – Asset allocation in super
Asset allocation in your super? What it is and how does it help you reach your retirement goals?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 12 August 2022. We’re into August already – Where has the year gone? Christmas might be with us before we know it. This week’s topic for discussion is: How are your assets allocated in your super?
Key topics covered include:
What is asset allocation and how does it differ between super funds?
Assets also determine how your fund performs in good times and bad times
Why you need to look deeper than the name, don’t just look at the name of the investment option you’re in
What does strategic asset allocation mean in regard to assets
How does asset allocation impact performance?
How do I find out the asset allocation of my super fund?
Luke shares his top tips around asset allocation in your super fund
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/08/The-Strategy-Stacker-Luke-talks-money-12082022.mp3

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

Do you need advice on asset allocation in super?
Take some time to review your super performance as well as the asset allocation of your investment options. Seek advice if you need help or would like advice on how to build a better super and retirement strategy.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss asset allocation, investment, super, and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
19 min
August 07, 2022Luke on 2CC – What to look out for in a home loan
What should you look out for in a home loan in an environment of rising interest rates?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 5 August 2022. Another interest rate rise has just occurred and many banks have wasted no time in passing those rate rises onto their customers. This week’s topic: What should you look out for in a home loan?
Key topics covered include:
Rising interest rates are a concern for many people
Cash flow is really important
Are you getting the best home loan rate? Shop around!
Are you in the right product for your needs? Don’t pay for things you don’t use
If cash becomes tight, interest only loans are an option
Offset accounts can be useful to help reduce interest over the long term
When should interest rates stop rising?
How do you get a better home loan rate?
The benefits of a mortgage broker to assist
Luke shares his top tips around looking at your home loan
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2022/08/The-Strategy-Stacker-Luke-Talks-Money-05082022.mp3

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

Do you need advice on financial or home loan matters?
Do you need help to take a look at your home loan and find a better deal? A mortgage broker might assist. It makes sense to shop around and get a better deal if you can save money.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss insurance, investment, super, and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Envision Financial Services can also refer you to a mortgage broker should you require assistance to review your home loan.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again.
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…