The Strategy Stacker - Luke Talks Money

By Luke SmithSociety & Culture Business Education Kids & Family Investing

The Strategy Stacker - Luke Talks Money episodes

September 20, 2021Luke on 2CC – Thinking about an investment property?
What to consider before you buy an investment property
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 17 September 2021. Lockdown continues in the ACT, so Luke can’t be in the studio. Luke joined Leon by phone. This week’s topic: Buying an investment property – What do you need to consider?
Key highlights include:
With record low interest rates and increasing property prices, investing in property is becoming an attractive option for many right now
But why are you investing in property? What’s the goal?
What structure will you buy the property in? Yourself, joint names, your superfund (in some circumstances) or a family trust.
When might you buy an investment property in a superfund?
There are costs you need to think about if you’re going to use a self managed super fund
Make sure you think about all the expenses in owning a property – strata fees, rates, insurance, agents fees – they all impact your overall investment return.
What about Air BnB? Remember you need to be actively involved in managing arrivals, departures and cleaning so don’t forget about those costs too. There might also be body corporate issues.
If you’re going into debt, have a financial plan to pay it off – make sure you do you homework in case of an interest rate rise.
Luke share’s his tips about thinking about buying an investment property.
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/09/The-Strategy-Stacker-Luke-Talks-Money-17092021.mp3

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

Do you need advice around investment?
Make sure you understand all the costs of owning an investment property, regardless of what kind of property it is. Of course seek advice if you need to as well, before making a purchase decision.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Financial planning and investing can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss investment, super, retirement and insurance. 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 podcast. We look forward to your company again.
20 min
September 12, 2021Luke on 2CC – Active and Passive Investment
Active and Passive Investment: How will you blend your asset allocation?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 10 September 2021. Lockdown continues in ACT, so Luke can’t be in the studio again this week, but he joined Leon by phone. This week’s topic: Active and Passive Investment.
Key highlights include:
What is active management and passive investment?
How do active investment managers work?
How do passive investment options work?
Why would you blend active and passive options in your own investment portfolio?
What are the differences in cost?
Why is it important to look at the underlying investments?
Start by looking at your own asset allocation, consider diversification, risk, goals and costs
Also consider the investment menu of the super fund or investment platform you use – some funds and platforms don’t offer a wide selection of investments
Luke offers his insights for when to use active and passive investment options. He’s an advocate of blending that helps build a portfolio that’s right for each individual
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/09/The-Strategy-Stacker-Luke-Talks-Money-10092021.mp3

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

Do you need advice around active and passive investment?
Blending a portfolio with active and passive investment options provides a number of benefits. Have you thought about your own asset allocation lately? 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. Financial planning and investing can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss investment, super, retirement and insurance. 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 podcast. We look forward to your company again.
20 min
September 06, 2021Luke on 2CC – Income protection – Get it or check it before it changes on 1 October 2021
Income protection is about to change. What you need to know.
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 3 September 2021. Covid lockdown extends in many parts of Australia, including the ACT, so Luke can’t be in the studio again this week, but he joined Leon over the phone. This week’s topic: Income protection changes – What you need to know.
Key highlights include:
Income protection changes are coming 1 October 2021
So what’s changing with income protection cover?
When was the last time you checked your income protection?
What will disappear or change from 1 October 2021?
Things to check in your own policy, before the changes arrive
Why it’s an important conversation for parents to have with adult children
Seek advice if you need help to assess or compare your policy with others in the market place
Luke shares his key strategy tips when thinking about income protection cover before 1 October 2021
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/09/The-Strategy-Stacker-Luke-Talks-Money-03092021.mp3

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

Do you need advice around income protection?
Income protection is changing. Make sure your policy meets your needs before 1 October 2021. After that date, some of the good features will be gone forever due to government changes.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Financial planning and insurance can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss super, investment, insurance or retirement. 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 podcast. We look forward to your company again.
20 min
August 30, 2021Luke on 2CC – What is investment risk in super?
What is investment risk? How does it apply to superannuation?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 27 August 2021. We hope you’re keeping staying safe and staying occupied as lockdown extends in many parts of Australia, including the ACT. This week’s topic: What is investment risk in superannuation?
Key highlights include:
Why saying ‘Super is risky’ is incorrect – super is a structure
Risk relates to investment choice and decisions
How fast are you willing to drive to get a return on your super investments?
How do you feel about your own investment risk?
Look at the assets you hold – are they growth or defense assets?
Consider diversification as part of your risk management strategy, Luke gives examples
Does being younger mean you can take more risk and equally does being older means you should take less risk? Luke says not necessarily
Look at your growth and defensive allocation – a balanced fund might not be balanced
How events like covid-19 can’t be predicted, but impact on markets and risk
Luke’s tips for managing risk with your own superannuation
And remember start with your own goals in mind, not your friends
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/08/The-Strategy-Stacker-Luke-Talks-Money-27082021.mp3

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

Do you need advice around your own superannuation?
Risk decisions are like driving a car. How fast will you go? If you need advice about your own super, please seek advice.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Financial and investment planning can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss super, investment, insurance or retirement. 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 podcast. We look forward to your company again.
19 min
August 23, 2021Luke on 2CC – What is a Property Trust?
Property trusts – Why would you use one?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 20 August 2021. We hope you’re keeping well and staying safe as lockdown extends in many parts of Australia, including the ACT. This week’s topic: What is a property trust and why would you use one?
Key highlights include:
Property trusts can be used to generate income
What is a property trust?
What kinds of property can a property trust own?
Do you need a lot of money to buy into a property trust?
How often do you get a return on a property trust?
How do you evaluate property trusts?
Do investment managers of property trusts ‘actively manage’ what property they hold?
Are property trusts limited to Australian properties or do they consider international property too?
How can you buy into a property trust?
Can you put a property trust in your super?
How do you use this kind of trust as part of your portfolio?
And remember start with your own goals in mind, not someone else’s
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/08/The-Strategy-Stacker-Luke-Talks-Money-20082021.mp3

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

Do you need advice around property trusts?
Property trusts provide a way to earn income without needing to buy a whole property. But not all property trusts are the same. Seek advice to ensure you understand your options, before making a decision to invest.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Financial and investment planning can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss super, investment, insurance or retirement. 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 podcast. We look forward to your company again.
19 min
August 16, 2021Luke on 2CC – What is the transition to retirement pension strategy?
Did you know you can work part-time and top up your income from your super?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 13 August 2021. We hope you’re keeping well and staying safe. Unfortunately with Canberra in a Covid lockdown, Luke wasn’t able to get into the studio so he joins Leon by phone this week. Luke will return the studio once lockdown lifts. Let’s hope that isn’t too far away. This week’s topic: How can you transition to retirement? It’s a strategy that allows you to dip your toes into retirement, without giving up work completely.
Key highlights include:
What is the transition to retirement strategy?
Why might you use a transition to retirement strategy?
How much pension can you take under the transition to retirement rules?
How do the transition rules work?
Consider your tax position too – under the transition rules, it’s not tax free money if you’re under 60 years of age
Once you start a pension, you can’t add more super to it, so there are some structural considerations to consider as well
Transition to retirement pensions for the over 60’s also offers additional financial planning strategies
Can you reverse the transition to retirement pension, if you want to go back to work full time or alternatively fully retire?
How long can you stay in the transition to retirement pension?
What changes when you turn aged 65?
Luke shares his top tips to think about the transition to retirement strategy.
And remember start with your own goals in mind!
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/08/The-Strategy-Stacker-Luke-Talks-Money-13082021.mp3

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

Do you need advice around starting a transition to retirement?
Are you ready to try out retirement without quitting your job? A transition to retirement strategy might be the answer. Make sure you 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. The legislation and retirement planning can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss super, investment, insurance or retirement. 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 podcast. We look forward to your company again.
18 min
August 09, 2021Luke on 2CC – How do I start a pension from my superfund?
If you’re retiring like most people, you’ll want an income from your super.
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 6 August 2021. We hope you’re keeping well and staying safe. This week’s topic: How do I start a pension from my superfund once I retire?
Key highlights include:
A pension provides you with tax free income for retirement from your super
What are the rules around starting a pension?
A superfund pension is not the same as an aged pension
Depending on your fund, you can have your pension payments fortnightly, monthly, quarterly, half yearly or annually
How much pension do you need to take? Are there special covid time rules?
Can you take out a lump sum to pay off home or buy a boat?
Can you work part time and get a income from a pension as well?
What are the key things to think about before starting a pension?
Luke shares his top tips to think about starting a pension from super
And remember start with your goals in mind!
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/08/The-Strategy-Stacker-Luke-Talks-Money-06082021.mp3

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

Do you need advice around starting a pension?
If you need advice about starting a pension from super, seek advice before you retire 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. The legislation and retirement planning can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss super, investment, insurance or retirement. 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 podcast. We look forward to your company again.
20 min
August 03, 2021Luke on 2CC – Generating Income from Cash
When interest rates are low, what can you do?

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 30 July 2021. We hope you’ve had a great week and a shout out to our followers in NSW and QLD who are in covid lockdown. We hope you’re keeping well and staying safe. This week’s topic: How do you generate income from cash?
Key highlights include:
Low interest rates mean it’s harder to get a good return on your cash
The outlook is that this is unlikely to change in the short term
What does fixed interest mean? It doesn’t just mean term deposit…
What else does fixed interest as a category include?
Remember, all investments come with both a risk and a return
0.5% return on cash, means many people are looking at different options for generating income, including taking on more risk
Low risk property funds, bonds, shares and ETFs might also be other options
Practical things to consider when buying a fixed interest assets
Don’t forget about withdrawal options too – just incase you need to access your money
Luke share’s his key tips for thinking about fixed interest as part of your portfolio
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/08/The-Strategy-Stacker-Luke-Talks-Money-30072021.mp3

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

Do you need advice around fixed interest?
There’s more to fixed interest than term deposits. Remember all investments have risk and seek advice if you need to, before you make a decision.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. The legislation and investment types can be complicated but the good news is you can make an appointment to speak with Luke about your specific situation, goals and options.
Make an appointment to confidentially discuss super, investment, insurance or retirement. 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 podcast. We look forward to your company again.
20 min
July 26, 2021Luke on 2CC – SMSFs – tax returns and more!
Chris Levy joins Luke on 2CC

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 23 July 2021. Luke is joined this week by Chris Levy of Aquila Super, a SMSF Specialist Accountant. This week’s topic: SMSF, tax time and more. Chris and Luke offer their tips and tricks for making the most of your Self Managed Super Fund.
Key highlights include:
What can you put in a SMSF?
With great flexibility, comes a great number of rules you need to follow
The ATO does check to make sure you’re meeting the rules and obligations
Tax efficiency is a big part of an SMSF too, making the most of deductions and franking credits at tax time – SMSFs require a tax return and audit
Changing ATO rules mean your SMSF tax return cannot be completed by the same company that does your SMSF audit
Don’t be afraid to ask your accountant what they’re doing on this front
Where are the opportunities for SMSF trustees right now?
Who can use an SMSF?
There are very strict rules around the kinds of assets you have in your SMSF and what you do with them
There’s some good opportunities for self employed people, but talk to your account before you make decisions
What can a specialist SMSF Accountant do for you?
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/07/The-Strategy-Stacker-Luke-Talks-Money-23072021.mp3

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

Do you need advice around your SMSF or SMSF’s tax return?
If you have a Self Managed Super Fund, it’s important that you get the right accounting and audit advice.
Luke as a Financial Planner can help you achieve your personal financial goals and can also work with an Accountant to meet them. Luke is also happy to refer you at no cost to Chris Levy for SMSF accounting tax time assistance. You can call Chris on 02 6230 4663 or visit aquilasuper.com to have a discussion and make an appointment.
To make an appointment with Envision to confidentially discuss Super, SMSF, investment, insurance or retirement, 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 podcast. We look forward to your company again.
19 min
July 18, 2021Luke on 2CC – Being tax return ready for your Accountant
Andrew Snaidero joins Luke on 2CC

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 16 July 2021. Luke is joined this week by Andrew Snaidero of Hardwickes Accountants. This week’s topic: Getting yourself organised at tax time. Andrew has joined Luke previously on 2CC talking about leasing versus buying cars. Andrew and Luke offer their tips and tricks for making tax time easier and removing the angst.
Key highlights include:
Are you tax time ready? Did somebody say ‘I’ve got my receipts in a shoebox’?
One of the benefits of an Accountant is that they ask the right questions to help you secure your deductions
It’s ok to speak to Accountant if you’re not prepared, part of their job is to help you get organised
It’s fundamentally important to keep your receipts – the ATO has a great app you can use on your phone and it’s not linked to the ATO
Accountants keep track of history and can give you advice too
Be honest when you talk to your Accountant – get clarity on deductions and seek advice
Working from home is a bigger tax time question given Covid-19 and you have a couple of options to consider
Don’t under estimate the value of an Accountant once your financial life becomes more complicated
What are the key times for getting your tax return completed?
Did you know if you work with an Accountant you have a longer timeframe to complete your return?
The benefits of being organised
Accountants can also help with structural advice before you make financial decisions
Self managed super also needs support, and you probably need a Financial Planner and Accountant to meet your obligations
Andrew offers his top tips for getting ready for tax time
And remember tax accounting fees are tax deductible!
Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2021/07/The-Strategy-Stacker-Luke-Talks-Money-17072021.mp3

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

Do you need advice around your tax return?
Seek advice to make sure you get the most out of your tax return – accounting tax fees are also tax deductible. A good Accountant will help you through the process.
Luke as a Financial Planner can help you achieve your personal financial goals and can also work with an Accountant to meet them. Luke is also happy to refer you at no cost to Andrew Snaidero for tax time assistance. You can call Andrew on 02 6282 5999 to have a discussion and make an appointment.
To make an appointment with Envision to confidentially discuss super, investment, insurance or retirement, 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 podcast. We look forward to your company again.
20 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…