The Strategy Stacker - Luke Talks Money

By Luke SmithSociety & Culture Business Education Kids & Family Investing

The Strategy Stacker - Luke Talks Money episodes

November 23, 2020Luke on 2CC – Currency Hedging
What is currency hedging and how does it work?
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 20 November 2020 and the topic: What is currency hedging and how does it work?
Financial Planner Luke Smith takes a a look at the topic of currency hedging. Like many people, you may have heard the term, but what does it really mean? Chances are that if you have overseas investments in your super, you may have some currency hedging already working for you. It can be complicated, so seek advice if you need to. Luke this week is joined by Chris Mac, Leon is on holiday this week.
Key highlights include:
Should I feel nervous about ‘currency hedging’
What is it exactly?
Hedging currency on an exchange rate like a fixed interest rate on a home loan
Can you use a mix of unhedged, hedged or paritally hedged positions in your investment portfolio?
In what market is currency hedging more important to think about?
Currency hedging provides control over exchange rate movement risk, so it’s a strategy that provides more certainty and reduces risk.
What should you think about before you make a decision about currency hedging?
Look into your super or investments, to see if there is hedging in place or not.
What are the things that impact currency movements and therefore the value of your international investments?
Why you need to think about currency hedging in terms of your on your own situation and needs – everyone will be different
A free appointment offer to talk about your own financial planning issues. 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/2020/11/The-Strategy-Stacker-Luke-Talks-Money-20112020.mp3

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

Do you need advice about hedging investments?
Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
November 15, 2020Luke on 2CC – Downsizing legislation and the retirement opportunity
Downsizing legislation may help you live a better retirement
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 13 November 2020 and the topic: What is downsizing legislation and how can it help your super savings for your retirement?
Financial Planner Luke Smith takes a deep dive into downsizing legislation and looks at the retirement opportunities it provides people. It can be complicated, so seek advice if you need to. Luke and Leon start the show talking about ‘old fashioned common sense’. Sadly it’s not so common these days!
Key highlights include:
What is downsizing legislation?
How old do you need to be to take advantage of it?
Did you know you can use the downsizing legislation, even if you’re not working?
An account-based pension allows you manage tax and gives you access money
What are the restrictions or limits on downsizing legislation?
How long have I got to get the money into the super once the sale has happened?
What other pieces of paperwork do I need to be aware of and complete?
Does this impact Centrelink entitlements?
Luke’s key take-outs for using the downsizing strategy
A free appointment offer to talk about your own financial planning issues. 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/2020/11/The-Strategy-Stacker-Luke-Talsk-Money-13112020.mp3

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

Do you need advice around the downsizing opportunity?
Seek financial advice to make sure the downsizing legislation provides you with you what you’re seeking to achieve.
Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
November 09, 2020Luke on 2CC – What to consider before buying an investment property
Investment property – to buy or not to buy?
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 6 November 2020 and the topic: Investment property – what might you consider before making a decision?
Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. Unfortunately our special guest this week is unwell, but we will get him back in the studio for the show as soon as we can to talk about Wills and Powers of Attorney. It is Friday though, which means it’s almost the weekend. Luke and Leon start the show talking about dinner options. What kind of take-out is your favourite?
Key highlights include:
People end up with an investment property for a number of reasons
With money being so cheap, people shouldn’t race out to buy property based on emotions
Start with why – Why are you buying the property?
What is the net rental return? Gross rent less all the costs you’re going to incur.
Can you future proof yourself in the event of an interest rate rise? Factor one into your calculations!
Is there an alternative to negative gearing?
Get a loan agreement with Mum and Dad if they’re helping a child buy a property.
Why is income protection important?
Where do people come unstuck with their investment property?
What happens if you lost a tennant and couldn’t get a new one?
Luke’s key take-outs on investment property decisions.
A free appointment offer to talk about your own financial planning issues. 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/2020/11/The-Strategy-Stacker-Luke-Talk-Money-06112020.mp3

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

Do you need help with your investment decisions?
Have you done the math on your investment property to understand the net return?
Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
21 min
November 02, 2020Luke on 2CC – Capital Gains Tax and how it works
Ask the expert, Rhys Kyburz joins Luke on 2CC
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 30 October 2020 and the topic: What is Capital Gains Tax and how does it work?
Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Rhys Kyburz of RSM Australia to explore all the key issues around Capital Gains Tax. Luke kicks off the show however by answering a listener question – can you give away money if you’re retired and is there a difference if you receive a Centrelink Pension or are a self-funded retiree?
Key highlights include:
Did you know that there was a time in Australia when there was no capital gains tax – ah the good old days…
What is Capital Gains Tax?
How is it calculated?
Did you know you pay Capital Gains Tax at your marginal tax rate?
What happens if your capital gain pushes you into a higher marginal tax rate?
What are the things you might think about when tax planning – can you offset a gain or get a tax deduction elsewhere, like a super contribution?
Is your home exempt from Capital Gains Tax?
Does Capital Gains Tax apply to assets other than property?
As an Accountant, Rhys provides us with his top tips for managing Capital Gains Tax.
A free appointment offer to talk about your own financial planning issues. 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/2020/11/The-Strategy-Stacker-Luke-Talks-Money-30102020.mp3

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

Do you need help with Capital Gains Tax?
Did you know that Capital Gains Tax applies to other assets, not just investment property?
Luke Smith at Envision Financial is happy to refer you to Rhys Kyburz of RSM Australia at no cost. Rhys can provide you with information and support around accounting and taxation matters, including Capital Gains Tax. You can call Rhys on 6217 0300 to have a discussion and make an appointment. Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
October 25, 2020Luke on 2CC – Mortgage or Home Loan, what should you know?
Ask the expert, David Thomas joins Luke on 2CC
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 23 October 2020 and the topic: Issues to be aware of when getting a mortgage to buy a home or investment property.
Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by David Thomas of Trilogy Funding to explore all the big issues you should consider when taking a mortgage.
Key highlights include:
How much can you borrow?
What are the things to keep in mind, to put you best foot forward with a lender
The challenge with credit cards and how lenders view them
The 5 ‘C’s’ of credit – Capacity to Repay, Character, Capital, Collateral and Common Sense
What you need to consider if you’re self-employed
How much of a deposit do you need?
Are interest only loans still available? Should you have an interest only loan?
How an added offset account can provide other opportunities
The key take outs you need to consider around mortgages
A free appointment offer to talk about your own financial planning goals. 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/2020/10/The-Strategy-Stacker-Luke-Talks-Money-23102020.mp3

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

Do you need help with a property purchase?
Do you need help to review your mortgage or home loan?
Luke Smith at Envision Financial is happy to refer you to David Thomas of Trilogy Funding at no cost. David can provide you with information and support to secure a mortgage. You can call David on 1300 657 132 to have a discussion and make an appointment. Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
22 min
October 19, 2020Luke on 2CC – Buying a property, what should you know?
Ask the expert, Mark Poretti joins Luke on 2CC
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 16 October 2020 and the topic: Issues to be aware of when buying a property.
Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Mark Poretti of Trinity Law to answer and explore the issues around buying a property.
Key highlights include:
Who (or what legal entity) should buy the property?
What’s the difference between joint tenants and tenants in common?
What should you do before you buy a house?
What expenses do people incur when buying a property?
If you’re building, do your homework on the builder to ensure they do good work and check they have insurance.
Think about why you’re buying a property – is it a home or is it an investment?
What should the contract include?
Things to consider around the ‘crown lease’ that exists in the ACT
What is the process to buy a property?
A free appointment offer to talk about your own financial planning goals. 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/2020/10/The-Strategy-Stacker-Luke-Talks-Money-16102020.mp3

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

Do you need help with a property purchase?
Luke Smith at Envision Financial is happy to refer you to Mark Poretti of Trinity Law at no cost. Mark can provide you with information about buying a property from a legal perspective. You can call Mark on 02 6163 5050 to have a discussion and make an appointment. Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
October 12, 2020Luke on 2CC – Should I lease a car or buy a car?
Ask the expert, Andrew Snaidero joins Luke on 2CC
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 9 October 2020 and the topic: Should I lease a car or should I borrow and buy a car?
Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Andrew Snaidero of Hardwickes Accountants to answer to explore the differences and issues around leasing a car and taking a loan to buy a car.
Key highlights include:
What is a novated lease?
Is there a tax deduction?
What’s the difference between paying a lease and paying off a loan?
Does the Federal budget impact the decision?
How will the car be used – business, private or a mix?
How much is the minimum residual amount – ‘the balloon payment’ at the end of the lease?
Why having a time frame is an important part of your decision making
If offered a pay rise or a car lease through work, which option should you choose?
What are the key things to keep in mind when making a decision?
A free appointment offer to talk about your own financial planning goals. 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/2020/10/The-Strategy-Stacker-Luke-Talks-Money-09102020.mp3

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

Do you need help to figure out if you should take a lease or a loan?
Seek help to determine which is better for you – a car lease or a car loan
Luke Smith at Envision Financial is happy to refer you to Andrew Snaidero of Hardwickes Accountants at no cost. Andrew can provide you with information about which is better for you – the car lease or a car loan. You can call Andrew on 02 6282 5999 to have a discussion and make an appointment. Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
22 min
October 06, 2020Luke on 2CC – Asset allocation and ‘a balanced fund’
A balanced fund might not be as balanced as you think
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 2 October 2020 and the topic: Asset allocation and the balanced fund.
Financial Planner Luke Smith encourages listeners to explore the underlying investments of their superannuation or managed investments. What does balanced really mean? Not all ‘balanced funds’ are the same. Seek advice if you need help with your own investment and super planning. They start the show however by talking about the arrival of spring. More sunny days means more time for golf!
Key highlights include:
How do you measure success? Is it just on the return you get and the fees you pay?
Do you know how to get to that bottom line including the risk that you will take?
With the start of Covid-19, we’ve seen more people interested in what they are invested in, given the market volatility
What a balanced fund means to a financial adviser like Luke
Some examples of a balanced fund in the market place – some balanced funds have 70% or more growth assets!
The challenge to take a look more closely at your underlying super assets – How much is defensive? How much is growth? What does it cost?
The challenge of getting income and growth, in a time where interest rates are low
How do we change the asset allocation if we don’t like what we find? Seek advice from a financial planner like Envision financial if you need help!
Luke’s top tips when assessing your asset allocation yourself.
A free appointment offer to talk about your own super and retirement planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/10/02102020-The-Strategy-Stacker-Luke-Talks-Money.mp3

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

Do you need help to create the right asset allocation for your goals?
Have you checked to see if your investments are really balanced?
Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals, which will include consideration of your risk profile and asset allocation.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
21 min
September 27, 2020Luke on 2CC – The two phases of superannuation
Accumulation and pension – Two phases of your super journey
Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 25 September 2020 and the topic: The two phases of your superannuation.
Financial Planner Luke Smith explores the accumulation and pension phases of your superannuation journey. Of course be sure to seek advice if you need help with your own retirement planning. Luke and Leon start the show however by talking about a topic that’s important for consumers who invest with fund managers. The regulator ASIC, is now calling out funds who don’t label their investment options correctly. A balanced fund in one fund can be very different from another and many labels are misleading. As Luke often says, make sure you check under the hood to see what you actually have.
Key highlights include:
Let’s understand the two phases superannuation – the accumulation phase and the pension phase
How does tax work if you’re in the accumulation phase?
What do I need to do to move from the accumulation to the pension phase?
How often can you get a pension payment?
What are the benefits of the pension phase?
What is the minimum amount you need to take in the pension phase?
Can you put money back into super if you’re in the pension phase? Why would you keep a super and a pension account?
Luke’s tips to making the most of accumulating super before retirement
A free appointment offer to talk about your own super and retirement planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/09/The-Strategy-Stacker-Luke-Talks-Money-250920.mp3

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

Does your accumulation and pension strategy fit together?
How well connected are your accumulation and pension plans for your own retirement?
Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your retirement goals.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own retirement goals. 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 from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
20 min
September 20, 2020Luke on 2CC – Contributing to super – How and how much?
Super can be tricky, how do you get money into super?
Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 18 September 2020 and the topic: The details around contributing to super – how and how much?
Financial Planner Luke Smith joins 2CC to explore some of the myths around superannuation contributions. Misinformation stops many people from making smarter financial planning decisions for their retirement. In this episode they explore the different kinds of contributions you can make and the value of contributions you can make.Be sure to seek advice if you need help with your own superannuation and retirement planning. They start the show however talking about the weekend weather – let’s hope golf isn’t rained out!
Key highlights include:
To understand super contributions, break them into two types – a deductible contribution and a non deductible contribution
Contributions can go in as cash, or they can go in as ‘in specie’ or ‘as they are’ eg shares, if your fund offers in specie
How much can you put in – there are thresholds on how much you can put it. Thresholds also apply to PSS and CSS members too
What’s a down-sizer super contribution if you’re selling your home?
What is the carry forward super contribution opportunity?
If you’re under 65 you dont need to be working to make a contribution, if you’re over 65 you need to meet the ‘work test’
How can you stack financial planning strategies to work in your favour?
If you decide to make a contribution, which kind should make – a deductible contribution or a non deductible contribution?
Be proactive with your contributions and financial planning, otherwise you might miss out
Luke’s top tips to think about around contributing as broader part of your financial planning goals
An offer for a free appointment to talk about your own investment planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
Listen to the Podcast right now
https://www.envisionfinancial.com.au/wp-content/uploads/2020/09/18092020-The-Strategy-Stacker-Luke-Talks-Money.mp3

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

Would you like to talk about your own super contribution strategy?
Seek advice if you need help with your super contributions and retirement strategy
Luke Smith at Envision Financial can help you set up a super contribution strategy to help you achieve your financial planning and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19.
Envision 2CC offer: Your first appointment is at our cost. Make an appointment to confidentially discuss your own financial, work and investment goals. 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 Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.
21 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…