360 Money Matters

Welcome back to another episode of the 360 Money Matters Podcast!  In this episode, we cut through the noise to explain what's really driving global investment markets. We break down why US markets surged 3.2% despite mixed signals, what inflation trends mean for your money, and why Australian rate cuts aren't coming anytime soon. You'll understand the disconnect between strong corporate earnings and economic uncertainty, plus discover what China's growth and rare earth deals mean for Australian investors. Tune in to get the clarity you need to make smarter investment decisions. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706   Episode Highlights US market rally: Why the S&P 500 gained 3.2% despite mixed signals Inflation trends and Fed rate cut expectations Australian interest rates: Why cuts are off the table Property market surge and FOMO factors China's GDP growth and the $8.5B rare earths deal Gold's 57% gain and commodity market volatility   Connect with Billy and Andrew! 360 Financial Strategists    Check out our latest episode here:  Apple Podcast Spotify  

Welcome back to another episode of the 360 Money Matters Podcast! The Real Estate Market is something that is usually always a talking point. However, at this moment in time, there is even more chatter than usual! In this episode, we discuss the real estate market with Golan Flamm, one of the top-rated real estate agents in Australia and one of the Directors at Hodges Caulfield.  In this episode, we talk about all things Real Estate. We will discuss the current market and what has been happening with prices/ demand as well as some things to consider if you are looking to purchase. In addition to this, we will talk specifics about what you should look out for if you are looking to purchase a property and even some tips when bidding if you are going to auction. * At 4:37 - Golan mentions the number of groups coming through during inspections. This number is per campaign, not per inspection. – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Current position of Real Estate in Australia. Buyer and seller expectations The real estate market during the COVID-19 pandemic. Key things to look out for when looking for a property. Things you need to avoid when looking to buy a property. Why do you need to research before you buy Are there any tips for bidding in an auction Connect with Golan Flamm:Golan Flamm (LinkedIn) @golanflamm (Instagram) Golan Flamm (realestate.com.au) Golan Flamm (ratemyagent.com.au) Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast  

Welcome back to another episode of the 360 Money Matters Podcast! Rentvesting has been growing in popularity lately as investors are being more savvy in their investments. In this episode, we will dive deep on rentvesting, its benefits, disadvantages, and things to consider if you are looking at this option.  Listen to this episode to learn more about renting where you live and buying investment properties at the same time.  – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Benefits of rentvesting Disadvantages of rentvesting What is capital gains tax Things to consider with rentvesting  Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast  

Welcome back to another episode of the 360 Money Matters Podcast! Amidst rising interest rates, refinancing seems to be a good move to decrease your mortgage. But is it really all it's cracked up to be? What is the great refining trap? Have a listen to find out!! In this episode, we discuss the things you need to know before you consider refinancing. We'll give you tips on how to decrease your home loan payments while still ensuring you pay off your loan term in the right time frame. We will also share some scenarios that can arise if you decide on refinancing. If you are considering refinancing to lower the interest rates on your mortgage, this episode is for you! – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Consider the interest rate Don't forget to negotiate with your existing lender Considerations if you are selling a property Check your cash flow. How do offset accounts work Importance of knowing the loan term Match your existing loan term Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matters Podcast! When investment markets are volatile, changing your investment strategy can become a tempting option that is usually driven by fear or greed. .  In this episode, we talk about how to invest when markets are volatile. It is the nature of the market to go up and down, so if you are tempted to sell your assets, you need to listen to this podcast! We share some strategies and things to consider in terms of putting your money towards investments and how important it is to stay invested during market volatility.  If you are trying to make the right decisions  in investing this episode is right for you! – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Look for assets to accumulate as this represents an opportunity Make sure your personal circumstances are in order If you have good quality asset, consider not to sell it Dollar Cost Averaging Take advantage of a particular sector when markets are volatile Avoid speculation  Asset and investment diversification Managing tax issues Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! In this week's podcast, we show you how to keep your Christmas spending under control so you don't have a post-Christmas Financial hangover!!. With inflation rising, the Christmas spend will no doubt hit harder this year so we go through some tips and tricks to make sure that you can make the most out of your Christmas spend without it impacting your financial position too much. We'll give you ideas on the do's and don'ts so you can enjoy the holidays without breaking the bank. – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: How to set a budget and stick to it Why should you not spend on credit What are some things we can do to spend less How to limit the number of gifts that you buy How your cost of living and high inflation rates affect your spending   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! With the cost of living and interest rates skyrocketing, we need to strategically manage our cash flow and try to keep a lid on expenses. The 50/30/20 rule of thumb is a way to allocate your budget according to three categories: needs, wants, and financial goals. It's not a hard-and-fast rule but rather a rough guideline to help you build a financially sound budget. To better understand how to apply the rule, how it works, and its limitations, tune in to this episode. --- This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Cash flow management Introduction to 50, 30, 20 rule 50 - Needs 30 - Wants 20 - Financial Goals How to use and implement this rule The 360 Cash Flow Bootcamp   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! If you have a surplus of money, what should you do? Pay off your mortgage or invest? Both can provide attractive options to help facilitate your wealth creation and retirement goals and each option has its benefits.  Today, we will talk about the things to consider when deciding on if you should pay down your mortgage or invest in the market. When helping formulate a strategy, we will frequently examine; the rate of interest, whether the mortgage is investment or owner occupied, current market circumstances and opportunities, as well as your personal preferences and risk tolerance. Consult a financial advisor and a tax advisor to help determine what your strategy should be, but before you do that here is some good information for you!   – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Current investment market & interest rates Risk tolerance Offset accounts opposed to loan paydown Liquidity  Importance of a long-term plan Cash flow management Strategy impact for younger wealth accumulators Importance of financial advice   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast!  When talking about investments, our goal is to always get a good return. But when we invest ethically, investing becomes more than just getting a good ROI, but it is more on giving to others and to the world.  With all the concerns our society is facing today, especially on environmental issues, people are inspired to contribute in solving these problems. Everyone wants to make the world a better, more sustainable place. One way to contribute to this cause is through making ethical investments into companies that align with your own ethics. However, it's not that simple. You need to consider things such as, what is ethical for you, what's your investment preference, are you confident that your investment is truly going to the right causes, and so on.  The wealth of information available to us makes ethical investing less tricky. There is more awareness, access, and greater opportunities to ensure that you are investing in the right place for the right cause.  This is the conversation you should have with your advisor. For the meantime, let us start the conversation! – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights: What is Ethical Investment Having full visibility Fund managers Competing priorities  The underlying cost  Direct Investment  Connect with Billy and Andrew! 360 Financial Strategists Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! October 25 saw the new federal government release their budget, and in this episode we're telling you everything you need to know about it.  We'll be discussing the outcomes of the budget, who is impacted and what to expect. Overall, we view the budget to be quite positive, as most of it aims to deliver support where it is needed in our economy. It's a well balanced budget Jim Calmers hands down his fist budget as treasurer of Australia. Our goal is to inform you on the impact that this can have for you, for your family members, and for the country as a whole. – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights: Downsizing contributions Self-managed superfunds Legislated tax cuts  Gain in pharmaceutical benefits  Paid parental leave scheme Child care subsidy  Aged care sector First home buyer guarantee Housing projects  Projected Budget deficit    Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! Negative gearing is a strategy and concept that we have all probably heard of at some point. In this episode, we will examine this concept, discuss the strategy and help you make an informed decision if this is right for you. At surface level, negative gearing can give you great benefits such as accumulating assets to build wealth, and obtain a tax deduction. We're diving deep in this episode to show you what's beyond the surface of this well-known, tax-effective strategy that people will usually resort to when they have a tax problem.  Negative gearing is a high-risk way of investing in property so it's important that you consider your overall situation and capacity to commit to this long-term strategy. Because if not handled correctly, it can be quite dangerous. The safest way to go about this is really getting professional advice that is specifically for you! – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Explaining negative gearing The main reason why people utilize this strategy  From a cash flow perspective  The impact of interest rates on negative gearing Expenses for the property  Positively gearing by comparison The "must haves" for negatively gearing to be right for you Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! In our experience as financial advisors, we've heard people often say "I need 1 Million Dollars to retire".  Well today, we're here to give you a clear answer on what you actually need in order to  prepare for your retirement.  How much money do you need in retirement? The short answer, you need as much as you can get! Going into detail, it actually depends on your personal circumstances, your lifestyle, and ultimately, the retirement life you want to live. Know where you want to go first, before figuring out how to get there.  Today's episode tackles;  the various sources of income, investing in a multitude of assets, superannuation, early retirement planning, and how to execute on all of these. The earlier you are aware of this conversation, the more prepared you can be for your retirement.  Begin planning now so you can enjoy a financially worry-free retirement life!   – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights:   How much you need - according to various sources Ensuring that you have enough money for retirement  Options on how you can have to save up for your retirement Expenses in the earlier & later years of retirement    The Baseline you should start with  Where do your assets sit Superannuation Establishing another plan for early retirement Invest in a multitude of assets Putting your plan in place Your vision for your beneficiaries    Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! For today's episode we will be discussing with you the RBA (Reserve Bank of Australia) increasing interest rates, the effect of it on those of us that have a mortgage and what are some of the things you can do to position yourself. So tune in now to get some ideas and strategies on how you can manage this.  This is a key time to examine your expenses and cash flow, create a budgeting plan, and implement many more timely things that can be effectively used in this period of uncertainty   This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: The RBA rate increases  Inflation as a key driver of decisions Impact of the cash rate decision to the interest you will pay Importance of a cash flow management and the budgeting plan The Cash flow management boot camp Importance of reviewing your interest rate   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast!  In the previous episode, we shared the differences between passive and active investments. In this episode, we discuss what a recession is, how to prepare for one, and tips to help you get through it with as little financial impact as possible.   With a recession and slowing GDP, your cash flow and budget are especially important during periods of negative economic growth. If you have a tight cash flow position, a recession will exacerbate the problem. How will that affect you and your family?  Make sure you're informed and prepared for a recession so you can identify issues before they arise, adjust your position and strategy to minimize the impact, and pivot quickly so you are ready!!!! This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: What is recession Why a cash flow and banking strategy is imperative at this time Gross Domestic Product Having an emergency fund Taking advantage of market opportunities during a recession   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! For today's episode, we're mixing things up a bit and Billy and Andrew go head to head in a  debate on what is a better investment approach: passive or active investments.  On the topic of investments, the first thing that usually comes to mind is the word "money". However, investing is more than just the funds you put in. It also requires you to invest time, effort, knowledge, and attention in managing your investments. Sounds easy right….. As long as you know which investments to choose.  Today we'll be debating Passive or Index Investment and Active Investment styles and the good, the bad and the ugly as well as their cost, diversification, required skill sets, status during market cycles, and track record of performance. Both have their own limitations and benefits but at the end of the day, it's more about finding the right blend for you. Tune in to learn which of these investment strategies best fits you!   —-   This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Differentiating index and active investment Cost comparison Diversification  The skill set and knowledge required in each strategy  Determining where to invest your money during different market cycles  Track record of the performance in index and active investments  Warren Buffet: the greatest investor of all time Finding the right blend and approach for yourself    Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! In the previous episode, we gave you updates on the investment market and the factors affecting it.  In this episode, we'll be sharing proven strategies to help you develop your cash flow management and budget strategy skills. It all begins with being realistic about your financial situation and expectations. From there, you'll be able to clearly see your income and expenses and reflect on how you can improve the way you handle your finances. We will talk about strategies such as setting a realistic budget, the bucketing strategy, reviewing and improving your structures and many more. These are all to help you become more confident with your money management.  This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: The factors affecting the increase in cost of living The gateway to wealth creation Setting a realistic budget The bucketing strategy  2 Key buckets that you should have in your cash flow strategy  Keeping your expenditure in line with your income increase How often you should review your structure Becoming more confident with your money management  Things to do to help maximize your budget and cash flow Budget Fatigue Separate Savings account Finding the balance between budgeting and living   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! Investment markets have been moving so rapidly in the last few months, we figured it would be important to highlight some of the key takeaways. In today's episode, we'll be sharing a quick and accurate rundown of what's happening in the Australian and World Markets.. Beginning with the inflation, the property market, possibility of recession in the US and the status of the stock market. All these sectors have an impact on your finances & investments and can influence your strategy and investment. Amidst all the market updates and noise, we want to remind you to think long-term. Invest wisely in good quality assets and stay within your capacity so you can reach success in your finances!   – This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: Inflation Property market  Household saving & employment figures  Possible recession in the US market  Stock Market  How all these relate to you and your finances    Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! Lender's Mortgage Insurance - To pay or not to pay, that is the question.    Apart from the loan you take out, there is a Lender's Mortgage Insurance (LMI) included when the bank has to lend more than 80% of the property's total value. However, this insurance premium doesn't benefit the borrower but only serves as a safety blanket for the lender. While this can seem like an unnecessary cost and simply waiting to save more money may seem like the most appropriate answer, there may actually be a case for incurring this cost.   We want to help you weigh up your options! It's a matter of knowing your financial capability, comfort level, confidence in committing to repayment, and considering your personal circumstances.  –   This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: What is LMI  The 80:20 Loan-to-Value Ratio  Considering the Rising Market and how this can impact decision making Getting into the market sooner Risks of taking a larger loan amount Is it an affordable and viable strategy for you?    Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! Assets are the modern-day version of treasures.  In order to take care of your treasure, you'd have to pick the most suitable and safe structure you could store it in.    Before choosing where to place your assets, there are key things you must take into consideration. We want to put emphasis on choosing the right ownership structure for your assets right at the start. This will help you maximize how you handle your assets. In this episode, we're sharing with you the importance of planning, so you can protect your assets and make the most out of it.   It all begins with choosing the right circle of advisors who clearly understands your vision. –   This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: The 3 ownership structures  2 main challenges to overcome when considering ownership structures  Comparing the tax rates of the 3 ownership structures  Elements of tax Owning and protecting assets  Planning and choosing the right structure for you  What to consider when housing your assets  Engaging with the right advisors  Estate Planning  Creating a circle of advisors focused on your individual strategy    Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast

Welcome back to another episode of the 360 Money Matter Podcast! One of the most common misconceptions in financial planning is the separation of the assets from cash flow. We often deal with the resistance of people when it comes to converting their assets into income.   While we understand the emotional attachment to the asset, especially when it comes to property, producing income to support your lifestyle is one of the most important things to enhance the quality of your life. We work with our clients to navigate these issues and make decisions that make them feel confident about their financial future.    By the end of this episode, we hope to have widened your horizons when it comes to your choices in dealing with the crisis of being asset rich and cash poor. Plan ahead with your financial advisers now!   --   This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis &  Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706   Episode Highlights: What being asset rich and cash poor means Various options in converting assets into cash Different types of assets Why people resist selling properties The importance of advance planning for your assets   Connect with Billy and Andrew! 360 Financial Strategists   Check out our latest episode here: Apple Podcast Spotify Google Podcast