Welcome to Finance and Fury

Today we are continuing from last week, and going through strategies to fit your goals. Some bad news… The workbook will be released next week because there are a few pieces missing, as it doesn’t achieve what I wanted it to. So as a DIY template, I didn’t want to put out something that could be misinterpreted. There will be a special episode for the workbook and putting all of these episodes together. So look forward to that. Today we will cover the strategies that form part of a plan

Factors that influence each:

  1. Goals – long term and short term
  2. Risk profiles – target asset allocations
  3. We have done a few episodes on these

Investment plan – short term:

  1. Cashflow – the building block for achieving short term goals and long term wealth
  2. Strategies for this? Reduce spending, monthly savings plan, repaying personal debt, home deposit, and reducing tax. These are specific to you.

Investment plan – long term:

  1. Some hybrid options – building wealth, reducing tax and leverage
  2. Some overlaps between categories/outcomes

Building Wealth:

  1. Monthly investing – is for the long term if you have a financial independence goal
  2. What do I need to focus on?
  3. Lump sum investments – Property, Shares and Managed Funds
  4. What are the considerations? What are the costs?
  5. Leveraging for non-property investments – Equity borrowing and Margin loans
  6. What is dollar cost averaging?
  7. Superannuation strategies – consolidation, growth asset allocation, reducing asset allocation closer to retirement, making salary sacrifice, non-concessional contributions
  8. What do your insurances within superannuation cost?
  9. What do you do if you’re within 5 years of retirement?
  10. What is a co-contribution?
  11. Debt repayment – Mortgage and Investment debt
  12. What are the opportunity costs?
These will be run through in the strategy workbook next week – today was a quick run through

Investment plan example – Mine:

Cashflow:

  1. Paying myself first
  2. Spending vs investing – opportunity costs considered today
  3. Holding reserves in cash for when I need it, for when the market is down and so I don’t need to sell investments

Wealth Accumulation:

  1. Investing in long term growth investments – 30% index funds and 70% active funds
  2. Making monthly investments – superannuation and personal investments
Thanks for listening today, sorry about not having the workbook today but it will be ready by next week. Where we will run through it and wrap up the last few weeks of Monday episodes. If you liked the episode, let me know on iTunes with a review or send me a message on the website here.  

Episodes to check out:

How do I make an Investment Philosophy? – https://financeandfury.com.au/how-do-i-make-an-investment-philosophy/ How do I make an Investment Strategy? – https://financeandfury.com.au/how-do-i-make-an-investment-strategy/ Find and Forge your own path – https://financeandfury.com.au/say-what-wednesdays-want-to-know-how-to-make-the-most-of-your-money-find-and-forge-your-own-path/ The Perfect Investment mix – https://financeandfury.com.au/perfect-investment-mix/ Goals for the New Year – https://financeandfury.com.au/goals-for-the-new-year/  

How passive investments are creating market bubbles and positive feedback loops

Welcome to Finance and Fury Passive Investing is the Flavour of the day – Central banks entered the markets to provide a feedback loop Central banks Trying to create the wealth effect - Bernanke’s easy money policy was intended to boost economic growth by boosting...

Furious Fridays: The dark side of electricity price capping

Furious Fridays The dark side of electricity price capping Welcome to Furious Friday! I recently saw a news article about Australians being “promised new laws to slash up to $832 from their annual electricity bills” This article outlines; This is a “federal government...

Recent market volatility – is the market crashing? Are we on the way to another GFC?

Episode 33 Recent market volatility - is the market crashing? Are we on the way to another GFC? Welcome to SWW …on a Monday … because we have been receiving a LOT of questions about what’s happening with this so-called “market crash”, why has the share market dropped...

Say What Wednesdays: Housing market history and lowering property prices sustainably in the future

Say What Wednesdays Housing market history and lowering property prices sustainably in the future Welcome to Say What Wednesday! Today’s question is about Labor’s plans to help with housing affordability. To answer that properly, I will spend today going through some...

Building a strategy to fit your goals

Welcome to Finance and Fury Today we are continuing from last week, and going through strategies to fit your goals. Some bad news… The workbook will be released next week because there are a few pieces missing, as it doesn’t achieve what I wanted it to. So as a DIY...

Say What Wednesday: Cryptocurrency Assessment

Hi Everyone, and Welcome to Finance and Fury, the Say What Wednesday edition. Today we have a question from Daniel: The question is around cryptocurrency; Daniel has come across a fascinating crypto called Liven. The business model seems really sound, with the...

Will property prices keep declining due to higher mortgage arrears?

Hey guys and welcome to Finance and Fury! Today we’re joined again by Jayden to talk about whether property prices will keep declining due to higher mortgage arrears. The RBA’s cookie cutter approach to rates will continue to try and help reduce chances of mortgage...

New Miniseries overview

Hi everyone, and welcome to Finance and Fury. Today won’t be a full episode, unfortunately, I am a little unwell. I am providing a bit of an overview of what the next few episodes will be about. When making investments, it’s all about considering what will be the best...

Repress, suppress, invest! Check your emotions at the door

Episode 12 Repress, suppress, invest! Check your emotions at the door Welcome – Today we're talking about controlling your behaviours and emotions...when it comes to investing Investing is an action, controlled by behaviours – emotions change your behaviours. Getting...

Is it time to buy silver? For those who use the Gold to Silver ratio it seems to be, but what factors affect this?

Welcome to Finance and Fury Today – Talk about a Money Illusion and the GSR  Gold has been on a rally – but silver hasn’t gone up by as much The Gold-to-Silver Ratio: What is It and Why Does It Matter? For experienced investors, the gold-to-silver ratio is one of many...

Pin It on Pinterest

Share This