360 Money Matters Billy Amiridis

Welcome back to another episode of the 360 Money Matters Podcast! 
In this episode, we discuss rentvesting, a strategy where you rent your home while investing in other properties for income. This approach provides flexibility in your living situation while potentially generating returns from your investments. We discuss the tax advantages, such as mortgage interest deductions, and potential drawbacks like less security in your living situation and loss of first-time homebuyer benefits. We also touch on the need for careful cash flow management and alternatives like "own vesting." 
If you are rentvesting or planning to, listen to this episode and find out more about it. Join us for a meaningful discussion!
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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 rentvesting
Exploring the benefits of rent vesting in terms of investment returns and lifestyle choices
Challenges of balancing lifestyle requirements with property investment goals
Importance of considering cash flow implications and diversifying investments beyond property
Discussion on the importance of setting a trajectory and seeking guidance for successful rent vesting
Tax implications and alternative strategies
 
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Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment.
In this episode, we discuss the latest trends in global investment markets. We examine the S&P 500's decline of 2.47% and its connection to inflation, which came in at 0.4%, while addressing the shifts in interest rate expectations and potential recession signals such as the Mel and SAHM rules. 
In Australia, the ASX 200 saw a minor decline of 0.79%, mirroring the US market, while rising inflation is outpacing income growth. There is also an increase in metals and mining, and precious metals prices, particularly gold, as a hedge against market volatility.
It is important to level-headedness during economic uncertainty and preparing for potential recessions. So seek financial advice to navigate the current climate in this episode. Join us 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
Discussion on changes in the US stock market
Discussion about recession signals like the Mel Rule and SArm Rule
Concerns about rising unemployment and potential economic downturn.
Australian market reacting to the US market trends
Income growth challenges in Australia 
Anticipated increase in financial advice needs during economic uncertainty
Strategies for households to manage rising costs and potential recession impact
Discussion on the metals mining industry, focusing on iron ore and China's demand
Recent market trends showing signs of concern and fluctuations in money markets
 
Connect with Billy and Andrew!
360 Financial Strategists 
 
Check out our latest episode here: 
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Welcome back to another episode of the 360 Money Matters Podcast! 
In this episode, we discussed the concept of being asset-rich but cash flow-poor in the context of retirement. The accumulation of assets without sufficient income, due to tax considerations, can lead to challenges during retirement. The options presented included liquidating assets for income-producing alternatives, downsizing the family home, considering reverse mortgages, or purchasing a downsized home early. Proactive financial planning, with advice tailored to individual circumstances, is crucial. It is essential to seek personalized advice from a financial advisor, tailored to specific goals and circumstances.
This episode is packed with valuable insights and strategies, all tailored to help you navigate your financial future. Tune in and empower yourself with knowledge!
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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
The concept of being asset rich and cash flow poor
Strategies to transition from relying on personal income to generating investment income
Asset types for those in asset rich, cash flow poor situation
Importance of having a clear exit strategy
Cash flow issues 
Planning ahead and seeking personalized financial advice
 
Connect with Billy and Andrew!
360 Financial Strategists 
 
Check out our latest episode here: 
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Welcome back to another episode of the 360 Money Matters Podcast! 
In this episode, we discussed getting the most out of age pension. We talk about who can get it, how it's been changing, and how the government decides who gets it based on what you own and earn. We also share tips on how to maximise the age pension also!
Furthermore, we explain that there are limits to gifting money while still qualifying for age pension. That’s why it is important to plan early and get advice because living costs can be tough on just the pension. So, think carefully about your money to make sure you're set for retirement.
Take charge of your financial future by learning how to maximise your age pension entitlements. Join us 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 age pension eligibility
Means testing and assessment of assets
Strategies for maximizing age pension entitlements
Complexities to consider regarding beneficiary impact and fund preservation
Understanding spousal contribution and superannuation strategies 
Gifting assets and financial structuring
 
Connect with Billy and Andrew!
360 Financial Strategists 
 
Check out our latest episode here: 
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Welcome back to another episode of the 360 Money Matters Podcast! 
In this episode, we discussed equity in property, focusing on its calculation, utilization, and implications. We explained equity as the difference between the property value and the debt owed, influencing the loan-to-value ratio (LVR). An LVR above 80% may incur mortgage insurance costs due to increased risk for banks. Utilizing equity can enable diversification into other assets or properties to further expand your wealth creation. 
Another key point highlighted was structuring loans to ensure tax deductibility based on the fund's purpose. The debt recycling strategy was introduced as a powerful method to convert non-deductible debt into deductible by investing strategically with borrowed funds from existing equity. This approach involves building an investment portfolio that generates income to pay down non-deductible debts over time.
Join us and learn how to leverage your property equity effectively and make informed financial decisions. Hit the play button 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
Understanding equity in property
About loan-to-value ratio and equity calculation
Considerations when taking out equity and investing it in other assets
Assessing serviceability and tax considerations
Debt recycling as a powerful strategy
Having an exit strategy and risk mitigation plan
 
Connect with Billy and Andrew!
360 Financial Strategists 
 
Check out our latest episode here: 
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Welcome back to another episode of the 360 Money Matters Podcast! 
In this episode, we advise listeners like Danielle, who has settled on a property and mortgage and wants to know what some of the things are that she should be considering next. We stress the need for a cash flow management strategy to ensure affordable mortgage payments and achieve savings goals. Insurance coverage is essential, including life insurance, permanent disability cover, income protection, and building/contents insurance. Building an emergency fund is crucial for handling unexpected costs. Also, seeking personalized advice is recommended to determine whether to focus more on debt elimination or wealth creation strategies based on long-term financial goals.
Tune in to our latest episode where we address essential steps for new homeowners like Danielle, covering budgeting, insurance, and long-term financial planning. Don't miss out ! 
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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
Practical next steps after settling on first property and mortgage
Concept of cash flow system
Risk management and the need for a strategy
Setting new goals after purchasing the first property
Importance of building wealth for retirement
Various approaches to wealth creation and retirement planning
 
Connect with Billy and Andrew!
360 Financial Strategists 
 
Check out our latest episode here: 
Apple Podcast
Spotify
Google Podcast