Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we discuss the current state of the Victorian property market. We explore the growing concerns among property owners about whether to sell or hold onto their properties in Victoria, driven by a recent dip in the market and policy changes, particularly regarding land tax and rental standards. We also analyze historical growth rates, compare Victoria’s market performance to other Australian states, and discuss the long-term prospects for property investment in the region. Despite short-term challenges, the current market conditions may present a strong buying opportunity for those with a long-term investment strategy.

Join us in this episode as we break down the latest market trends, policy changes, and what they mean for your investment. Don't miss out—listen now!

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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 state of the Victorian property market

● Recent concerns about the Victorian property market

● Factors affecting Victorian property market

● Impact of cash flow on property investment decisions

● Considerations for holding vs. selling properties

● Impact of population growth and construction costs on the market

● Possibility of rapid market changes with increased confidence

● Importance of aligning property investment with long-term strategic plans

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360 Financial Strategists

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we discussed the concept of debt recycling, a financial strategy that allows individuals to pay down their non-deductible debt, such as a home mortgage, while simultaneously investing to build deductible debt, which can provide tax benefits. The strategy involves using equity from one's home to invest in income-producing assets like shares. Over time, the income generated from these investments is used to pay down the non-deductible debt, while the investment debt increases, effectively converting non-deductible debt into deductible debt.

Furthermore, we go into the suitability of this strategy, noting that it is most beneficial for higher income earners and those with a stable financial situation, including secure income and a solid banking strategy. We emphasize that while debt recycling can be powerful, it requires a strong understanding of both investing and debt management, making it suitable for individuals who are comfortable with these aspects.

If you're ready to take control of your financial future and maximize your wealth, don't miss out—listen now!

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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

• About the concept of debt recycling

• Difference between good (tax-deductible) and bad (non-deductible) debt

• Who debt recycling is suitable for

• Keeping a non-deductible debt on principal and interest repayments

• Risks associated with debt recycling

• Exit strategies for debt recycling

• Options like paying down deductible debt or selling portions of the investment portfolio

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!

In this episode, we discussed the dilemma of whether to pay down a mortgage or invest, especially in a high-interest rate environment. We emphasize that there is no one-size-fits-all answer and that the decision should be based on individual circumstances, financial goals, and risk tolerance. People should consider their long-term financial strategy, including their retirement goals, and factor in the potential impact of inflation and tax implications. While paying down a mortgage offers a guaranteed return, we suggest that starting an investment journey early can be beneficial with the power of compounding.

Ready to find your financial balance? Hit play and join us for a conversation that will help you make informed decisions about your money.

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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

• About whether to pay down the mortgage or invest

• Mortgage strategy considerations

• Investment and tax considerations

• Importance of tying strategy to long-term goals

• Debt recycling and combined strategies

Connect with Billy and Andrew!

360 Financial Strategists

Check out our latest episode here:

Apple Podcast

Spotify

Google Podcast