Shows
Auch interessant!#089 Das Technikjahr 2024 [Live vom 38c3] - mit Dr. Michael Seemann
Uns unterstützen:https://bunq.me/Hackalife
Der Gast:Dr. Michael Seemann, mspr0https://mspr0.de
Das Video vom 38c3https://media.ccc.de
2024-12-291h 12Auch interessant!#062 Nexus & KI Probleme - mit Dr. Michael Seemann
Uns unterstützen:https://bunq.me/Hackalife
Der Gast:Dr. Michael Seemannmspr0.de
Der Newsletter von Michael Seemannhttps://mspr0.de/newsletter/
Nexushttps://amzn.eu/d/9k8Cyxo
Erzählende Affenhttps://amzn.eu/d/8TbAeR6
Sapienshttps://amzn.eu/d/gJnSSuE
The Dawn of Everythinghttps://amzn.eu/d/154KLKT
Harari Interview zum Buch:https://www.youtube.com/watch?v=78YN1e8UXdM
2024-09-231h 09Auch interessant!Schattenseiten des KI-Hypes - mit Dr. Michael Seemann (mspro)
Uns unterstützen:https://bunq.me/Hackalife
Der Gast: Michael Seemann aka mspro.https://mspr0.de
Den Newsletter gibts hier:https://mspr0.de/newsletter/
Die letzte Folge mit mspro:https://auch-interessant.de/2024/05/03/plattformen-ki-philosophie-mit-michael-seemann-mspro/
Das Buch von Marc-Uwe Kling;Views
Das Paper hinter Chat-GPT:https://arxiv.org/abs/1706.03762
2024-07-091h 31Auch interessant!Plattformen, KI, Philosophie, Cyberwetterbereicht.(mit Michael Seemann [mspro] )
Unterstützen geht hier:bunq.me/HackalifeDanke an Christoph für den Support.
Der Gast:Michael Seemann, msprohttps://mspr0.de“Die Macht der Plattformen”
Wir Müssen Reden Podcasthttps://wir.muessenreden.de
Staatstrojaner gegen Kifferhttps://netzpolitik.org/2024/justizstatistik-2022-polizei-hackt-jetzt-jede-woche-mit-staatstrojanern/#netzpolitik-pw
Apple kauft Aktien zurückhttps://www.cnbc.com/2024/05/02/apple-aapl-earnings-report-q2-2024.html
KI Pfarrer geht steilhttps://www.derstandard.de/story/3000000218421/ki-pfarrer-wurde-nach-nur-wenigen-tagen-seines-amtes-enthoben
KI Scam um Leute in dumme Challanges zu baitenhttps://x.com/Dexerto/status/1782404792280666233
Spass mit Domains;Chess.com hat domains gekauft...2024-05-042h 46
Money Over 50339 When can you access your super? - AUDIO FIXEDAUDIO FIXED
During your working life, your superannuation fund has been growing and growing thanks to contributions from your employer and hopefully yourself. This money sits there for decades, slowly accumulating for you without being touched. But when can you actually access this hard-earned cash?
There are three main conditions of release when it comes to your super. In this episode, Ali explains what these conditions are, and what you need to do to meet them.
For more information, please visit www.mo50.com.au
2024-04-1515 minMoney Over 50338 You can't have everything! Be realistic with your goals - AUDIO FIXEDAUDIO FIXED
You can’t have everything! Be realistic with your goals
Do you ever feel like you’re trying to do a thousand things at once, and not really doing any of them well? Ali knows the feeling. Life is busy, but the more we try to do everything, the less we do them well. Sometimes we need to take a step back and think about what it is that matters to us the most.
In this episode Ali gets personal about what’s important to him, and how you can, too – in order...2024-04-1514 minMoney Over 50338 You can't have everything! Be realistic with your goalsIn this episode, Ali talks about why it is important to be honest with yourself when setting goals. Ali recounts how he recently went through a period of time where he was doing too many things, and not spending enough time or effort on the things that were truly important to him. Ali discusses how it is important to understand the trade-offs of decisions when formulating a plan and setting goals.
For more information, please visit www.mo50.com.au
2024-04-1214 minMoney Over 50337 Get more money into Australia's best tax shelter – contribution cap increasesDid you know that on the 1st of July 2024, you’ll be able to contribute more into your superannuation and take advantage of Australia’s best ‘tax shelter’? The reason for that is that superannuation contribution caps are increasing on the first day of the new financial year.
In this episode, Michael and Ali discuss the contribution caps and exactly how much they are increasing by, and how you can take advantage of this year’s as well as future years’ contribution caps.
For more information, please visit www.mo50.com.au
2024-03-2418 minMoney Over 50336 How to choose a financial adviser that is right for youFor many people, getting their finances on track is high on the priority list. And to do that, they realise they need professional help. But how do you know which financial adviser is right for you?
In this episode, Ali discusses what you need to consider and what you need to be aware of before selecting a financial adviser.
For more information, please visit ww.mo50.com.au
2024-03-1708 minMoney Over 50335 The Silent Killer - The effects of inflation and purchasing powerIf you held an investment for 15 years, would you prefer it to make nominal returns of 12.5% per annum, or 20.3% per annum? The answer may seem simple, but is a lot more complex than most people realise.
In this episode, Ali and Michael discuss the ‘silent killer’ also known as inflation, and how it affects your investments and purchasing power.
For more information, please visit www.mo50.com.au
2024-03-1010 minMoney Over 50334 Downsizer contributions - tips, tricks & benefitsAlice, a regular listener, asks a question about what would happen if her and her partner were to sell their primary place of residence (PPR) and use the downsizer contribution to add $300,000 super.
In this episode, Michael and Ali discuss Alice's question, and downsizer contributions. They discuss what a downsizer contribution is, its eligibility requirements, some advantages (such as boosting your super without affecting your contribution limits!), and other important things to know about making downsizer contributions.
For more information, please visit www.mo50.com.au
2024-03-0315 minMoney Over 50333 Are there ways to pay 0% tax besides an account-based pension?Sue, a regular listener, asks a question about her husband’s 0% taxed super income stream and how they could make the most out of this money. She would like to know what investments, if any, she can make to increase their financial position.
In this episode, Ali and Michael discuss Sue’s question and what would happen if her husband were to return to part-time work after retiring.
For more information, please visit www.mo50.com.au
2024-02-2712 minMoney Over 50332 Your $3.8 million tax-free trustWhen you retire, your superannuation balance can become a 0% taxed super income stream. This is essentially the same as a tax-free trust fund. Australia has one of the highest income tax rates in the world; however, it is also one of the most generous when it comes to your retirement.
In this episode, Michael and Ali discuss your super income stream, and the eligibility criteria you need to meet in order to receive it!
For more information, please visit www.mo50.com.au
2024-02-1831 minMoney Over 50331 We're Back! Concessionals & Carry-forwardsIt's February 2024 and Michael & Ali are back with new Money Over 50 Podcast episodes!
In this episode, Michael & Ali unpack a recent question they received from podcast listeners Paul and Renae. They discuss the yearly concessional contributions cap, the difference between concessional contributions and non-concessional contributions, and what carry-forward opportunities mean for you.
Click here to watch Ali explain Carry-forward concessional contributions, as discussed in this podcast episode.
This example has been provided for general explanatory purposes only and is factual information.
For more information, please visit www.mo50...2024-02-1229 minMoney Over 50330 4 ideas on what to do when you don’t have enough to retire onIn this episode, Ali discusses 4 potential options for a new retiree who doesn't have enough to retire on (Centrelink Age Pension, adjust lifestyle, downsizing your home, and semi-retirement). People may also find other options out there, or may even use a combination of these to achieve their retirement goals.
For more information, please visit www.mo50.com.au
2023-10-0110 minMoney Over 50329 Starting a financial plan will include painHave you ever gone on a diet or started a new fitness plan? Chances are you found it painful at the start. Financial plans can be much the same. The good news is, the pain is only at the beginning!
In this episode, Ali shares his expertise on starting a new financial plan, including how to build new habits and get rid of old ones in order to build yourself a better lifestyle.
For more information, please visit www.mo50.com.au
2023-09-2409 minMoney Over 50328 ”I’m a pensioner now” - Beware the power of self-identityDo you see yourself as a retiree, or a pensioner? Turns out, there’s quite a difference! Self-talk and self-identity are more important than you may realise.
In this episode, Dallas and Ali discuss the implications of how you may see yourself at different ages, and what this means for your finances.
For more information, please visit www.mo50.com.au
2023-09-1709 minMoney Over 50327 3 Changes to superannuation from 1 July 2023It’s not uncommon for the government to make changes to our superannuation rules, and a few new things have come into effect since the 1st of July 2023.
In this episode, Ali discusses three significant changes to superannuation that everyone should be aware of, especially those nearing retirement.
For more information, please visit www.mo50.com.au
2023-09-1010 minMoney Over 50326 Say your fears out loud to take their power awayWhat are you afraid of when it comes to money and security? And have you discussed this with anyone, or really taken the time to sit down and think about it carefully?
In this episode, Ali and Dallas discuss how and when to say your fears out loud, and what it means for your wealth and financial planning.
For more information, please visit www.mo50.com.au
2023-09-0312 minMoney Over 50325 You don’t need to go to the other side of the world to enjoy retirementIn this episode, Ali explains his thoughts regarding travel after coming back home from a trip in Europe. He explains that even though he did enjoy his travels, he's gained a much larger appreciation for home and believes that finding enjoyment in the small things can be a lot more rewarding in life.
For more information, please visit www.mo50.com.au
2023-08-2807 minMoney Over 50319 Listener Favourite: 3 simple things (in retirement planning)This is a repeat of Listener Favourite of episode 218 3 simple things (in retirement planning).
In this episode (from all the way back in 2021), Michael and Dallas sat down and discussed how simple it can be to get ahead financially, but also how hard it can be to not make an error through panic.
Michael uses a real-life example of investing at the worst possible point in time (i.e. right before the Global Financial Crisis), explaining how keeping to the plan and not panicking creates a positive outcome.
For more information, please visit ww...2023-07-1614 minMoney Over 50315 A tale of two horses - Don’t be fooled by low to no volatility if you can’t reach your goalsWhether or not you are a fan of horses, this tale about our equine friends will have you thinking about your money in a different way.
In this episode, Dallas and Ali discuss Red Boom and Sky High, two horses that have very different strengths. How we compare them depends on what metric we use, as with our cash and investments. So how does your money metric compare? Giddy up – let’s find out!
For more information, please visit www.mo50.com.au
2023-06-1810 minMoney Over 50314 Contributions age limit – when you are too old to contribute to your superDid you know that there is a maximum age limit for making personal contributions to your superannuation fund? That age is 75, but there’s a twist to this rule.
In this episode, Dallas and Ali discuss the twist, and exactly how late you can contribute to your super fund (to the day!). So if you’re in your 70s (or not far off!), this podcast is for you.
For more information, please visit www.mo50.com.au
2023-06-1108 minMoney Over 50313 Carry-forward contributions – increase your tax return and boost your retirement savingsJuly 1st, 2024 is just over a year away, and it’s an important date for the financially savvy.
In this episode, Dallas and Ali discuss the yearly concessional contributions cap and what the carry forward opportunities mean for you. Making the most of this opportunity doesn’t just boost your tax savings; it also increases your retirement savings, too.
For more information, please visit www.mo50.com.au
2023-06-0410 minMoney Over 50312 Stage 3 tax cuts - Don’t lose your opportunity to claim a larger tax returnYou may or may not have heard that from 1 July 2024, there are going to be tax cuts. What does that mean? How does that affect you? And most importantly, is there anything you can be taking advantage of before the changes?
In this episode, Dallas and Ali sit down and discuss these questions, and give an example on how the current tax brackets can be used to increase your tax return.
For more information, please visit www.mo50.com.au
2023-05-2807 minMoney Over 50308 You will either die early or you won’tWhat do you consider to be the worst-case scenario when it comes to your retirement? Running out of money? Outliving your partner? Whatever fears people may have, many don’t tend to think they will live long enough to see their 80s or 90s, anyway. But the fact is, it’s very common for at least one person in a couple to live for 30 years or more after they’ve retired.
In this episode, Dallas and Ali discuss the implications of this phase of their clients’ lives.
For more information, please visit www.mo50.com.au
2023-04-3008 minMoney Over 50307 Only one member of a couple should have a new carIf your partner or spouse decided to go and buy a new car for themselves, how would you feel? Would you want to upgrade your own vehicle, too?
In this episode, Dallas and Ali discuss why only one member of a couple should get a new car at any one time, and how this impacts their savings.
For more information, please visit www.mo50.com.au
2023-04-2310 minMoney Over 50306 Consistency and compoundingPeople often underestimate the power of compounding. Coupled with consistency, it’s how some people build a healthy retirement fund. It’s not that they’re just ‘good with money’ or that they have a higher income than most – rather, it’s a combination of consistency and compounding when it comes to their financial decisions.
In this episode, Dallas and Ali discuss how and why this is the case (and why Ali could’ve been a professional Muay Thai boxer in another life!)
For more information, please visit www.mo50.com.au
2023-04-1610 minMoney Over 50305 Buying a house won’t make you happyBuying a house is something that many people see as a milestone; something to aspire to. A place to call home and provide you with security. But once you’ve done the hard yards, bought the house and moved in, will you really be as happy as you anticipated?
In this episode, Dallas and Ali discuss a recent property purchase by a Money Over 50 financial adviser, and how it really made him and his wife feel.
For more information, please visit www.mo50.com.au
2023-04-0914 minMoney Over 50301 Moving into cash can cost your kids instead of youIf you’re about to retire, you might feel pressure to be more conservative in your investments. One way to do this is to move your money from super to cash. This is not always a good thing, though – especially if you have kids.
In this episode, Dallas and Ali discuss the ‘buffer’ of money you should have in your retirement and why moving everything into a term deposit won’t serve you well in your golden years.
For more information, please visit www.mo50.com.au
2023-03-1215 minMoney Over 50300 5 things to be aware of if your spouse is a different ageIf there is a significant age gap between you and your partner (five or more years), there are 5 things you need to be aware of that will affect your retirement planning and finances.
In this episode, Dallas and Ali discuss Centrelink, account-based pensions and your super, and how to ensure that you are getting the most out of your money.
For more information, please visit www.mo50.com.au
2023-03-0520 minMoney Over 50299 Pain from losing money is twice as strong compared to the joy felt from gaining moneyIt never feels good to lose something important in our lives. This is certainly true when it comes to our money – we don’t want to see its value going down, and yet it’s unavoidable due to volatility when it comes to investments.
In this episode, Dallas and Ali discuss our perceptions of losing money, how loss aversion affects us and what you can do about it so that you don’t make any hasty financial decisions.
For more information, please visit www.mo50.com.au
2023-02-2616 minMoney Over 50293 Building the Lego TitanicHave you ever embarked on building a 9,000+ piece Lego display? This is Michael’s current project with his young son, Richie: building a giant model of the Titanic. For Michael, instead of ripping his hair out, there’s only one way to build the ship – brick by (Lego) brick.
If you want to improve your financial standing, you can apply the same philosophy – take small steps, one at a time. In this episode, Michael and Dallas discuss what those initial small steps should be.
For more information, please visit www.mo50.com.au
2023-01-1412 minMoney Over 50279 Free MarketsWhen Michael visited China with his mother and met a hundred-year-old farmer, he had no idea that they would end up discussing economics. Then again, given Michael’s line of work, we shouldn’t be all that surprised that’s where the conversation headed! The farmer had some interesting points about communism and why, in his opinion, it’s good in theory but not practice.
In this episode, Michael and Dallas discuss communism versus free markets, and how free markets serve us as consumers.
For more information, please visit www.mo50.com.au
2022-10-0216 minMoney Over 50270 Why you should spread your eggsIn this episode Dallas and Michael visit why it is important to Diversify. By diversifying we mean spreading your eggs in more than one basket!
Michael and Dallas discuss the benefits of investing your money in the market, ensuring it is well spread across the top major companies, hence minimising potential losses, whilst still making returns.
For more information, please visit www.mo50.com.au
2022-08-0425 minMoney Over 50256 75c McDonald ice cream cones (things are going to cost more money in the future)Do you remember when Mcdonald's ice cream cones were 30 cents? Dallas and Michael certainly do. But if you were to go and buy one today, you’d be handing over 75 of your hard-earned cents.
In this episode, Dallas and Michael discuss how bigger expenses in life (though potentially less enjoyable than a Maccas soft serve cone) go up with inflation, and exactly what this means for you and your retirement planning.
For more information, please visit www.mo50.com.au
2022-04-2421 minMoney Over 50249 Getting talked back into working after retiringMichael speaks to Dallas about the visible and hidden benefits of going back to paid work (in some form) after already retiring.
For more information, please visit www.mo50.com.au
2022-03-0626 minMoney Over 50247 Why my kids won’t get an inheritanceDallas discusses with Michael his thoughts on the planning of providing an inheritance to children. There is no right or wrong answer on whether you should leave an inheritance, however, there are a few things to take into account when planning for this.
For more information, please visit www.mo50.com.au
2022-02-2418 minMoney Over 50246 ”What do you think about buying BHP shares?” ”I don’t...” - The questions that are actually importantIn this episode, Dallas & Michael explain why "stock-picking" questions can be some of the least valuable questions that you can ask at a particular time. Our objective for our clients is to increase the outperformance of long-term outcomes by looking at their goals, creating a suitable plan, then determining the portfolio.
For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2022-02-2016 minMoney Over 50244 Listener question - When to draw from cash band?Michael & Dallas answer the following listener question from Adam: "Where do you draw your pension from (investment options) & what stage of a downturn would you decide to draw from your cash reserves?"
For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2022-02-1320 minMoney Over 50243 Listener Question - Super income streamThis listener question from Darren asks about the specifics of drawing an income from your superannuation when you retire. Michael and Dallas discuss the the account-based pension (not to be confused with Centrelink Age Pension) and answer the following question:
How is income normally distributed?
How does an account-based pension work?
Do you constantly need to sell down shares?
For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2022-02-0935 minMoney Over 50241 You make your money by holding for 30 yearsMichael & Dallas discuss the benefits of discipline when investing for the long term. When it comes to building wealth, delayed gratification tends to play a huge role.
2022-02-0213 minMoney Over 50239 Case study - Getting into position to work part-time within 2 yearsDallas & Michael discuss a client case study of Dallas'. Dallas goes through all the steps that were involved in getting them into a position to work part-time, allowing them to do more of the things that they enjoy, such as travelling. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2022-01-2639 minMoney Over 50233 Large companies can‘t be both greedy and riskyMichael and Dallas discuss the odd thought that "large companies are incredibly greedy, and are risky to invest in". If a company is greedy and earns a lot of profit, why would it be considered risky? For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2022-01-0924 minMoney Over 50228 Why balanced funds aren‘t appropriate for retireesMichael and Dallas discuss a few reasons as to why being invested in balanced funds are not in the best interests of retirees. These disadvantages range from the investment strategy being more invested in cash than you may be able to afford, to not being to determine where you draw your income from during periods of low prices. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2021-12-2224 minMoney Over 50227 Thoughtful, considered & delayed spendingMichael & Dallas discuss the huge difference between the financial position of a person who has & who does not have "thoughtful, considered & delayed spending". Impulse buying can be detrimental to your retirement savings; keep in mind, it's not the small costs that have this impact, it's the LARGE purchases.
For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2021-12-1921 minMoney Over 50222 Move the chains (consistently move towards meeting your retirement goals)Michael speaks to Dallas about the power of consistently making small incremental moves towards your retirement plans rather than feeling the need to overextend yourself and risking derailing your retirement.
For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2021-12-0113 minMoney Over 50218 3 simple things (in retirement planning)This episode has Michael & Dallas discussing how simple it can be to get ahead financially, but also how hard it can be to not make an error through panic. Michael uses a real-life example of investing at the worst possible point in time (i.e. right before the Global Financial Crisis), explaining how keeping to the plan and not panicking creates a positive outcome. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast@mo50.com.au.
2021-11-1414 minMoney Over 50217 Getting punched 50% of the time is better than 100% of the timeUsing boxing/fighting as an analogy, Dallas & Michael explains how there will always be a pain when investing in companies through the effects of volatility, however, staying invested in great companies and sticking to a plan allow them to have the best chance to reach their goals. On the other hand, those who stay on the defensive and invest heavily in assets like cash (to reduce volatility), open up the risk of not lasting the whole retirement. For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcast...2021-11-1019 minMoney Over 50168 No one is raking up cash and setting fire to itSpending is down and savings are up…. Your typical news headline during a recession. This is always portrayed as kryptonite for companies, however, the last time that we checked, "no one is raking up cash and setting fire to it!" (Michael Hogue 2008). Since the dawn of time (another classic claim that Michael often overuses to start a sentence) companies have been adept at moving quickly to reduce costs when spending is down, then ramping up quickly when spending is up. For all listener questions/feedback, please contact the team at podcast@mo50.com.au.
2021-05-2313 minMoney Over 50123 Protect purchasing power not principalIn this episode, Dallas and Michael discuss the importance of protecting the purchasing power of your retirement savings. As we all know, inflation is a very real thing, and the $1 that you spend this year will be worth waaaaay less in the future. For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-12-2015 minMoney Over 50113 Owning an index fund is like picking the 6 best batsmanIn this episode, Dallas and Michael discuss index funds explaining their pros/cons and why they prefer to invest using index funds. For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-11-1619 minMoney Over 50112 Diversity leads to better decision makingMichael and Dallas discuss diversity and how it can lead to better decision making through different experiences, knowledge, point-of-views etc. For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-11-1116 minMoney Over 50111 The difference between gold, property and companiesMichael and Dallas discuss the differences in value and price changes between gold, property and companies. A bar of gold may be worth more now than it was in the past, but it is still just a bar of gold; a Woolworths share, however, is worth much more not just because of a price shift but because Woolworths has moved from just a few stores to hundreds (increase in value).
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-11-0818 minMoney Over 50109 Retirement planning risks - Business riskAnother type of risk involved in the world of investing... business risk. Dallas and Michael discuss how the value of a particular company can fall and steps you can take to avoid this from happening. For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-11-0120 minMoney Over 50108 FAQ's - Are they going to stop me spending money?This frequently asked question has Michael and Dallas discussing what it is they really do and why they prefer to have their clients living a sustainable lifestyle that can continue on throughout their retirement instead of saving way more or less than necessary. For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-10-2815 minMoney Over 50106 "No" is a complete sentenceThis episode has Dallas ranting to Michael about why the answer "no" is more than enough reasoning to decline something. This topic focuses on why it is important for someone saving up for retirement to say no and not feel the need to explain themselves all the time. You have a goal and saying "no" will help you reach that goal.
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-10-2115 minMoney Over 50103 Listener questions - Small business tips and trapsAnother listener question, this one coming in from Kerry! Michael and Dallas discuss some of the tips and traps involved in owning a small business when it comes to setting yourself up for retirement. An incredibly common example of this is not paying yourself any superannuation.
2020-10-1130 minMoney Over 50102 FAQ - Who are your clients?Michael and Dallas elaborate on the frequently asked questions by prospective and current clients. This particular episode discusses the types of clients Dallas and Michael take in and some of the more common aspects of clients of Lighthouse Financial Advisers.
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-10-0714 minMoney Over 50099 A look back: Almost 100 episodes100 episodes for the Money Over 50 podcast! Michael and Dallas have enjoyed being able to provide valuable information to their listeners and are eager to keep on going. This episode will highlight some of their favourite episodes ever recorded, while discussing some of their most important points. We thank you all for tuning in! For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-09-2526 minMoney Over 50096 When to give money to your kidsDallas and Michael discuss the topic of giving money to your kids and give examples of situations that really work well and times that don't necessarily work well.
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-09-1724 minMoney Over 50095 Why I decided to rent again and why most retirees shouldOn this episode, Dallas discusses with Michael why he has decided to rent again instead of buying his own home and explains why his reasoning sits in line with those a retiree should keep in mind. It all comes back to trade-offs and the lifestyle you truly wish to have in retirement.
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-09-1427 minMoney Over 50094 Listener Questions: Selling property now vs at retirementA fantastic listener question coming in from Mike, asking Dallas and Michael to discuss his some options in regards to his situation. This topic explores the situation those who have most of their retirement savings tied up in investment property and the options that they have to help secure a comfortable retirement using Mike and his wife Jannene's situation as an example.
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-09-1059 minMoney Over 50093 Definition of a financial adviserDallas and Michael discuss what it is that a financial adviser actually does for their clients. The role of guidance and direction is just as important as the technical-know-how.
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-09-0722 minMoney Over 50091 Profit first - Part 2 LogisticsThis episode discusses the logistics of "profit first" and how you can put the theory into place in your household.
Reference: Book "Profit First" by Michael Michalowicz
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-08-3141 minMoney Over 50090 Profit first - Part 1 TheoryThis episode discusses the theory of "profit first" Revenue - Profit = Expenses and why it is better than the old way of thinking of basing your profits off your revenue and expenses Revenue - Expenses = Profit (Michalowicz, 2017). The theory was originally based at a company level, but has been adapted by Michael and Dallas to suit a household.
Reference: Book "Profit First" by Michael Michalowicz
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
2020-08-2721 minMoney Over 50088 Turning $100 per week into $100,000For all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss how a big of a difference a regular investment of $100 can make to your future savings. Have a look at your expenses, is there a spare $100 that is being spent each week on something with little to no value that you could invest instead?
2020-08-1720 minMoney Over 50086 Retirement planning is a series of sprints not a marathonFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss the importance of looking at the short term objectives and doing the best you can do during those periods. Focusing on your short term objectives can help make that long term goal become more achievable.
2020-08-1016 minMoney Over 50085 Making decisions based on a plan or fearFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
This episode has Dallas and Michael discusses the troubles that can be involved when making financial decisions that are influenced by your fears.
2020-08-0611 minMoney Over 50084 Taxes in retirementFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss a number of different types of taxes involved in retirement, revealing the most tax effective ways to use your money during this time.
2020-08-0335 minMoney Over 50083 Why it's not as easy as just buying shares while they're cheapFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Dallas and Michael explain how successful investing is not just about buying shares at a cheaper price. To become a successful investor, it is more likely the long term plan that you follow will do you more good.
2020-07-3035 minMoney Over 50082 Listener Question: When to seed 1-2 years worth of income needs in retirementFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
This listener question gets Michael and Dallas discussing some of the time frames one might look at when it comes to moving some of their retirement savings into cash. It might not be the answer you have been lead to believe!
2020-07-2732 minMoney Over 50080 No boundariesFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss how the current day and age makes the possibility of providing financial advice to people outside of Townsville so much easier. They emphasise the fact that their clients who live outside of Townsville or Queensland still receive the same quality of financial advice as a Townsville resident would. There are no location boundaries in Australia when it comes to financial planning with Lighthouse Financial Advisers.
2020-07-2410 minMoney Over 50079 Listener Question: Low income earnersFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
The first of our new "Listener Question" episodes has Michael and Dallas discussing the importance of building your retirement savings even as a low income earner. They reveal strategies and tips that can help these low income earners maximise their retirement savings as much as possible.
2020-07-2037 minMoney Over 50078 No such thing as no riskFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
In this episode Michael and Dallas discuss how being a risk-averse investor doesn't get rid of risk for you as an investor. Instead, you create a trade-off and shift that risk over to a different area.
2020-07-1723 minMoney Over 50077 What does "keep some powder dry" mean?For all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss the importance of being in a position to meet living expenses and unexpected costs when things change, without needing to sell down your investments at discounted costs. Dallas emphasises that it does not mean for you to hold off investing to try and time the market.
2020-07-1524 minMoney Over 50071 3 immediate changes you can makeFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Dallas and Michael share 3 common strategies that they use with new clients to help them reach their retirement goals. These immediate changes can also be put into place by you, the listener.
2020-06-2225 minMoney Over 50063 Why you should make personal contributions to super instead of salary sacrificingFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Dallas and Michael discuss two different methods of maximising your concessional contributions in order to increase your tax savings, explaining why they prefer claiming a deduction on after-tax personal contributions to salary sacrificing.
2020-05-2529 minMoney Over 50059 You can't take away risk, you can only shift itFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss risk and how changing your investment plan to reduce market risk (volatility) is simply shifting your risk over to somewhere else i.e. possibility of running out of money due to purchasing power risk.
2020-05-1135 minMoney Over 50049 Why a residential investment property is the worst asset to own in retirementFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
In this episode Dallas and Michael discuss owning residential property in retirement, and highlight the many negatives that come with owning this type of asset.
2020-04-1527 minMoney Over 50048 What does a 30% , 40%, and 57% drop feel like - Part 3For all listener questions/feedback, please contact the team at podcast@mo50.com.au
This 3 part series involves Dallas Davison interviewing Michael Hogue on his experience through times of significant market drops. The final part of this series focuses on the recovery from the GFC (2009 to now).
2020-04-1219 minMoney Over 50046 What does a 30% , 40%, and 57% drop feel like - Part 2For all listener questions/feedback, please contact the team at podcast@mo50.com.au
This 3 part series involves Dallas Davison interviewing Michael Hogue on his experience through times of significant market drops. The second part of this series focuses on Michael's experience during the Global Financial Crisis (2007-2009).
2020-04-1022 minMoney Over 50045 What does a 30% , 40%, and 57% drop feel like? - Part 1For all listener questions/feedback, please contact the team at podcast@mo50.com.au
This 3 part series involves Dallas Davison interviewing Michael Hogue on his experience through times of significant market drops. The 1st part of this series focuses on the boom years (2001 to 2007).
2020-04-0814 minMoney Over 50039 How to avoid a 17% inheritance taxFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
When you pass away, if your money is being passed onto a non-dependant beneficiary (e.g. adult children) a portion of these funds will be taxed. Dallas and Michael discuss a way to avoid this inheritance tax.
2020-03-2320 minMoney Over 50034 5 reasons couples argue over moneyFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Being in a relationship will bring forward unavoidable individual differences that may lead to arguments. Michael and Dallas discuss some reasons why couples argue over money.
2020-02-1734 minMoney Over 50031 What's a good investment?For all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael and Dallas discuss the common question they receive "what's a good investment?". They discuss whether or not there is a perfect investment and how different plans may require different investment plans.
2020-01-2907 minMoney Over 50030 Making the most of the decadeFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
It's a new decade! Michael and Dallas discuss a story about a couple's 9 year experience as some of Lighthouse Financial Advisers earliest clients. They use their real-life story as an example to prove that you can make a significant difference to your future retirement if you stay consistent and focused.
2020-01-2131 minMoney Over 50029 REPLAY - 015 Different ways to draw an income in retirementFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
This episode, posted in mid-July 2019, was our most popular of the year. We've decided to replay this episode for our new listeners and for our long-time followers who might be in need of a refresher. These podcasts are so enjoyable, and we're looking forward to providing some useful information for many more years to come.
Episode Description: Perhaps the biggest question to be answered as you head into retirement is “How do I draw enough income in my retirement without ever ru...2020-01-1344 minMoney Over 50028 New Year's resolutionsFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
It is now 2020, a brand new year, and here begins the wave of New Year's resolutions. Michael and Dallas give some handy tips in creating and sticking to some financial related New Year's resolutions to help you get ahead and stay ahead.
2020-01-0638 minMoney Over 50027 Financial mythbustersFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue and Dallas Davison dive straight into the world of "financial myths" discussing and/or debunking them for their listeners. Some of these common myths have stuck around for a long time and include topics such as vehicles (e.g. turn your car over every 3 years), property (e.g. you have to break into the property market early), super (e.g. you should move all your super into cash when you retire), and many more!
2019-12-1850 minMoney Over 50026 FAQ Part 3 - Do I need to sign a contract?
For all listener questions/feedback, please contact the team at podcast@mo50.com.au
In Part 3 of our Frequently Asked Questions series, Michael and Dallas discuss the reasons as to why they don't believe in using lock-in contracts, and how continually adding value to the work they do for their clients is what they prefer when it comes to retaining them.
2019-12-0909 minMoney Over 50025 FAQ Part 2 - What information do I need to provide?For all listener questions/feedback, please contact the team at podcast@mo50.com.au
In Part 2 of our Frequently Asked Questions series, Michael and Dallas discuss the information that clients need to bring in order for them to get a rough picture of where you currently sit, where you want to be in the future, and whether or not your goal needs to be adjusted.
2019-11-1914 minMoney Over 50024 FAQ Part 1 - What are your fees?For all listener questions/feedback, please contact the team at podcast@mo50.com.au
Part 1 of the Frequently Asked Question podcast series, Michael Hogue and Dallas Davison discuss the big question "what are your fees?". They briefly explain common fee structures for financial advisers and provide the fee structure that they use. "Are we locked in forever?" is the next question they discuss on this episode, explaining their reasons as to why they do not believe in a lock-in contract.
2019-11-0526 minMoney Over 50023 Active management VS Index managementFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Dallas Davison and Michael Hogue discuss one of the more common debates in the world of financial planning, Active management VS Index management. They look at the pros and cons of each type, covering things such as: costs, long-term efficiency and the rarity of good active managers. The preferred method they both use is revealed and they explain why it suits them best.
2019-10-2227 minMoney Over 50022 What are you worried about?For all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue and Dallas Davison discuss some of the issues that people are being told to worry about. As human beings, it is in our nature to always need to have something to worry about! But a deeper look shows that things in the economic world are going well at the moment. Topics discussed include: inflation & returns; unemployment & wage growth; the inverted yield curve; and some other worries.
2019-10-1019 minMoney Over 50021 Why 99% of people shouldn't have SMSFsFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue and Dallas Davison discuss reasons as to why owning a Self Managed Super Fund becomes a burden with increased complexity and mention some of the costs that are involved in owning one.
2019-10-0113 minMoney Over 50020 Travel in 70s with Maria PandalaiFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue invites Maria Pandalai from Travel Managers in to speak about traveling in your 70s. Maria, a professional in her industry, discusses the best locations to travel in this age bracket, the things people tend to not think about when planning a holiday, and how custom-made packages may be the best option for you.
Resources:
Maria Pandalai: https://www.travelmanagers.com.au/ptm/MariaPandalai/ pandalai@travelmanagers.com.au
Michael Hogue: michael@lighthouseadvisers.com.au
2019-09-1923 minMoney Over 50019 Travel in 60s with Maria PandalaiFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue invites Maria Pandalai from Travel Managers in to speak about traveling in your 60s. Maria, a professional in her industry, discusses the best locations to travel in this age bracket, the things people tend to not think about when planning a holiday, and how custom-made packages may be the best option for you.
Resources:
Maria Pandalai: https://www.travelmanagers.com.au/ptm/MariaPandalai/ pandalai@travelmanagers.com.au
Michael Hogue: michael@lighthouseadvisers.com.au
2019-09-0319 minMoney Over 50018 Travel in 50s with Maria PandalaiFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue invites Maria Pandalai from Travel Managers in to speak about traveling in your 50s. Maria, a professional in her industry, discusses the best locations to travel in this age bracket, the things people tend to not think about when planning a holiday, and how custom-made packages may be the best option for you.
Resources:
Maria Pandalai: https://www.travelmanagers.com.au/ptm/MariaPandalai/ maria.pandalai@travelmanagers.com.au
Michael Hogue: michael@lighthouseadvisers.com.au
2019-08-2019 minMoney Over 50017 Career Change Later in Life with Cathy BoyceFor all listener questions/feedback, please contact the team at podcast@mo50.com.au
Michael Hogue sits down with Cathy Boyce to discuss Cathy’s story. Cathy and her husband David are clients of Michael’s. Cathy talks about how she resigned from a regular paycheque and changed career later in life, starting not one, but two businesses: Silver Fluoride CPD and Townsville Orofacial Myology “TOfM”. Cathy speaks about the benefits of the career change including: greater flexibility; the ability to be able to pick-up, put-down work; and the increased satisfaction she receives from being able to help others th...2019-08-0645 min