Back by popular request! You wanted to know more about Bonds and how to unlock the profit of fixed-income assets - and we deliver! This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Alex Moffatt, Director at Joseph Palmer & Sons, about the benefits and profit of adding Bonds to your portfolio. Back to basics Bonds are back in the black Is there an easy way to invest in bonds? #friendswithmoney #fixedincome #michellebaltazar #bonds Listen on Apple Podcasts: http...
Dec 12, 2023•16 min•Season 3Ep. 129
Did you know many Australians get their investment advice from social media finfluencers? It's a frightening fact. A recent ASIC (Australian Securities & Investment Commission) conference determined that most of those giving financial advice online are both unqualified and unlicensed. This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Rhys Bollen, Senior executive leader of ASIC’s market supervision team, about the potential dangers of getting investment advice...
Dec 05, 2023•8 min•Season 3Ep. 128
It may seem like a long time off, but are you ready for retirement? Planning for the future now will save you a lot of stress and frustration when you finally decided to leave the workforce. This week on The Friends With Money podcast, Money's Michelle Baltazar chats with Money's Senior writer & columnist, Vita Palestrant, about what you need to consider well before your last day on the job. When should you start planning for retirement? Steps to take 10 years before you retire Can downsizin...
Nov 28, 2023•20 min•Season 3Ep. 127
It’s often described as the safe-haven asset, but what makes gold so desirable to everyone from central banks to everyday investors? On this episode of the Friends With Money podcast, Money's Tom Watson is joined by chief market strategist at the World Gold Council, Joe Cavatoni, to dig into some of the big questions surrounding investing in gold. What are the major drivers of demand for gold? Why do central banks hold gold? How has gold performed in times of economic uncertainty? What could hap...
Nov 21, 2023•20 min•Season 3Ep. 126
Gearing up to buy your first home? Chances are you’ve got a question or two about the process of taking out a mortgage. On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Daisy Stevens, head of lending operations at digital mortgage broker Finspo, to run through the home loan process for first home owners. Is reducing spending or paying off debt important? How long can the process take? What information will borrowers need to provide? How do banks work out how muc...
Nov 14, 2023•19 min•Season 3Ep. 125
Open banking is giving Australians the ability to share their banking data more securely and with fewer hurdles, but can it save people money? This week on the Friends With Money podcast, Money’s Tom Watson is joined by head of product management at Frollo, Kris Davant, to explore the possibilities of open banking. What is open banking? How is open banking data kept private and secure? How can Australians save money through open banking? What will we see from open finance in the future? #friends...
Nov 07, 2023•18 min•Season 3Ep. 124
Global tensions in the Middle East have raised concerns that oil costs could spike, possibly doubling in price in the coming months. How will this affect the cost of living? This week on a bonus episode of the Friends With Money podcast, Money's Michelle Baltazar chats with Shane Oliver, Head of Investment Strategy and Chief Economist at AMP, about the predicted rise in oil prices as the Israel-Hamas conflict intensifies. #friendswithmoney #costofliving #oil #shaneoliver #michellebaltazar Listen...
Nov 05, 2023•8 min
Wondering if your investment strategy should be geared towards income, growth or both? On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Adam Smith, chief executive at Saxo Australia, to discuss the pros and cons of growth and dividend stocks. What are growth and dividend stocks? Is it possible to have the best of both worlds? Does one come with more risk than the other? Can ETFs provide exposure to high growth or dividends? #friendswithmoney #investing #tomwatso...
Oct 31, 2023•18 min•Season 3Ep. 123
How much money do you need to retire? It's a question we get a lot here at Money Magazine - I mean a lot! The latest numbers are out from The Association of Superannuation Funds of Australia (ASFA) on how much you need in your super account to retire well. This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with Virgin Money Super's general manager, Christopher Sozou, about the facts and figures of retirement. Contributions vs earnings Is super a good investment nest eg...
Oct 24, 2023•20 min•Season 3Ep. 122
There are a lot of myths and preconceptions when it comes to retirement. Regardless of age, you can put into action a plan today that will help you achieve your goals and live an epic life. This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with Author, Rebecca Wilson, about living your best life and future retirement. Retirement is just for old people, right? Money for nothing (for not much effort) "C" is for...? Plan and prepare Book giveaway (limited copies): https:...
Oct 17, 2023•17 min•Season 3Ep. 121
Is it worth paying for financial planning, or can you do it on your own? A Financial Adviser can be quite costly, and do you get value for your investment? This week on the Friends With Money Podcast, Money's Michelle Baltazar chats with David Sharpe, Financial Adviser and the Chair of the FAAA, about the myths and benefits of getting help planning for your future. Does financial planning lack objectivity? Is it worth it? Is planning just for retirement? #friendswithmoney #financialplanning #mic...
Oct 10, 2023•14 min•Season 3Ep. 120
In this special bonus episode of the Friends With Money podcast, Money's Michelle Baltazar chats with Alex Moffatt, Director at Joseph Palmer & Sons, about the adverse effects of the war in the Middle East on the stock market. #friendswithmoney #warvsthestockmarket #michellebaltazar #bonus Listen on Apple Podcasts: https://apple.co/3mV0Cbr Listen on Google Podcasts: https://bit.ly/3qGfsoL Listen on Spotify: https://spoti.fi/3fSPI2h Website: https://moneymag.com.au Email: podcast@moneymag.com...
Oct 10, 2023•5 min
Should you be investing in the U.S. stock market? This week on the Friends with Money podcast, Money's Michelle Baltazar chats with Tim Townsend, Professional Financial Advisor and a founding partner of Townsend Cobain, about the value of diversifying your portfolio by investing in the U.S. market. Why invest in U.S. shares? What should I be looking for? Are ETFs a good investment? #friendswithmoney #investing #michellebaltazar #usstocks Listen on Apple Podcasts: https://apple.co/3mV0Cbr Listen ...
Oct 03, 2023•15 min•Season 3Ep. 119
Today, it's relatively easy to start investing in stocks (you can even use a free app!), but roughly 49% of Australians have decided not to. Many have concerns about owning shares and are fearful they will lose everything or that they are not qualified to invest. This week on the Friends With Money Podcast, Money's Michelle Baltazar chats with Brendan Doggett, the Country Manager at Sharesies Australia, and together they bust the myths of investing. The risk of investing Is it difficult to buy s...
Sep 26, 2023•12 min•Season 3Ep. 118
After a woeful 2022 bonds appear to be making a comeback with investors. But how do they work, and what role do they have in a portfolio? This week on the Friends With Money podcast, Money’s Tom Watson is joined by chief executive of micro-investing app Blossom, Gaby Rosenberg, to drill into the fundamentals of fixed income and bonds. What do we mean by fixed income? What factors influence the price of bonds? How have bonds performed in the short and long-term? What role can fixed income play fo...
Sep 19, 2023•15 min•Season 3Ep. 117
Spring is one of the busiest times of the year for property sales, but is this spring likely to be a sellers’ or buyers’ market? This week on the Friends With Money podcast, senior journalist Tom Watson is joined by Domains’ chief of research and economics, Nicola Powell, to preview the spring property season. What’s happened in the property market so far in 2023? Will sellers hold the upper hand this spring? Can buyers expect an uptick in supply? Where will property prices head in the near futu...
Sep 12, 2023•13 min•Season 3Ep. 116
Voluntary contributions can have a significant impact on your super balance over time, but how much can you add and how can you make it happen? This week on the Friends With Money podcast, host Tom Watson is joined by head of advice, experience and enhancements at Aware Super, Peter Hogg, to talk about the small actions that can make a big difference to your super. They discuss: When you can access your super Consolidating accounts and other basics Crunching the numbers on voluntary contribution...
Sep 05, 2023•13 min•Season 3Ep. 115
The cost of living is continuing to put a strain on the finances of many Australians, but how is it impacting our credit health? On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by credit reporting expert at CreditSmart, Geri Cremin, to discuss the importance of credit health during the cost of living crunch. How are Australians dealing with elevated living costs? When should mortgage holders reach out for support? What are the consequences of not seeking help? How...
Aug 29, 2023•11 min•Season 3Ep. 114
As the population grows, more Australians are living in strata-titled properties like units and townhouses than ever before. But what do buyers need to know about strata before purchasing? This week on the Friends With Money podcast, Money’s senior journalist Tom Watson is joined by strata lawyer Amanda Farmer to delve into the ins and outs out strata. They discuss: What is the strata ownership model? What kind of costs can buyers expect? How should renovations be approached? Can litigation real...
Aug 22, 2023•18 min•Season 3Ep. 113
The doubling of mortgage interest rates have forced some homeowners to sell their property at a loss. How do you bounce back from that? This week on The Friends with Money podcast, Money's Michelle Baltazar chats with financial adviser Troy Theobald from RFS Advice about how to fight your way out of an investment loss. The courage to confront reality Why cashflow should be the priority You don't need to budget, but.. #friendswithmoney #michellebaltazar #troytheoblad #investments Listen on Apple ...
Aug 15, 2023•15 min•Season 3Ep. 112
Over two million Australians are property investors, but they don’t always get their purchases right. So how can investors avoid mistakes, and set themselves up for success? This week on the Friends With Money podcast, Money's Tom Watson is joined by buyer’s agent and co-director of The Investors Agency, Darren Venter, to talk about the strategies investors should employ when buying property. They discuss: Getting the initial research right Diversification and searching outside of your bubble In...
Aug 08, 2023•19 min•Season 3Ep. 111
The popularity of exchange traded funds (ETFs) has surged in the past decade, but how much have they actually delivered for investors? On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by founder and chief executive of Stockspot, Chris Brycki, to chat about the past, present and future of ETFs. Why have ETFs become so popular? What kind of returns have ETFs delivered? Are you seeing any trends among ETF investors at present? Is ETF overlap something investors need t...
Aug 01, 2023•17 min•Season 3Ep. 110
Facing the prospect of a substantial rate hike? That’s the reality for many mortgage holders who locked in a super-low rate in 2020 or 2021, but it’s never too early to take action. This week on the Friends With Money podcast, Money's Tom Watson is joined by Josh Brougham, chief product officer at online mortgage broker Finspo, to discuss the fixed-rate mortgage cliff and the action borrowers can take. What is the fixed mortgage cliff? What can borrowers do, and when should they act? How much ca...
Jul 25, 2023•16 min•Season 3Ep. 109
Over 800 people retire daily in Australia, and that number is expected to balloon over the next decade. While most will leave the workforce with a "sweet spot" super amount and a government pension, many want to retire rich - 99 thousand dollars a year rich! This week on the Friends with Money podcast, Money's Michelle Baltazar chats with the Vanguard's head of super, Shannon Nutter, about the strategies needed to retire wealthy. It's a generational difference Paternity breaks can have a major i...
Jul 18, 2023•17 min•Season 3Ep. 108
Stop stressing about money! Or is that easier said than done? This week on the Friends with Money podcast, Money's editor-in-chief, Michelle Baltazar, chats with author, chartered tax advisor, company board member, and veteran business executive, Jacqui Clarke, about how to get control of your money and thrive. Income vs expense creep? There's no such thing as free money What's the first step? Top 5 tips on how to build wealth #friendswithmoney #jacquiclarke #michellebaltazar #expensecreep Liste...
Jul 11, 2023•11 min•Season 3Ep. 107
How has the share market performed so far in 2023, and what’s the outlook for the rest of the year? That’s the topic of discussion on this bonus episode of the Friends With Money podcast featuring Money’s Tom Watson and chief investment officer at Tiger Brokers Australia, Brett Reynolds. How have Australian and international markets performed? Have any companies or sectors stood out? Which stocks are investors trading the most? What major factors will influence markets going forward? #friendswit...
Jul 09, 2023•8 min
When all is said and done, sometimes the simple investing lessons like dollar-cost averaging can be the most valuable. This week on the Friends With Money podcast, Money's Tom Watson chats with the hosts of the Equity Mates Investing Podcast, Alec Renehan and Bryce Leske, about their investing and podcasting journey, and what they’ve learned along the way. How did Equity Mates begin? Which investing topic has really stuck with you? What are your thoughts on the broader economic outlook for 2023?...
Jul 04, 2023•22 min•Season 3Ep. 106
Working smarter, not harder is the key to wealth and happiness. This week on the Friends with Money podcast, Money's Michelle Baltazar chats with author, podcaster, innovation psychologist and founder of Australia's leading innovation consultancy Inventium, Dr. Amantha Imber, about how you can work better, live smarter, and be happy. Why unpack the way you work? Are you creating something with value? What's a ...chronotype? Quiet quitting?? How I Work Podcast #friendswithmoney #michellebaltazar ...
Jun 27, 2023•18 min•Season 3Ep. 105
Scammers fleeced a record $3 billion from Australians last year. Highly-sophisticated and brazen scammers are out to steal your hard-earned cash, and many victims have been left penniless. This week on the Friends with Money podcast, Money's Michelle Baltazar speaks with Catriona Lowe, Deputy Commissioner of the ACCC, about the worrying rise of online scams and how you can protect yourself. What are the top current scams? What should you watch out for? What to do if you are scammed Can you get y...
Jun 20, 2023•16 min•Season 3Ep. 104
Gold has enjoyed a recent resurgence on the back of high inflation, so should it have a home in your portfolio? On this week’s episode of the Friends With Money podcast, Money journalist Tom Watson is joined by market analyst at Bell Direct, Grady Wulff, to talk all things gold. What draws people to gold as an investment? How has the price of gold fared recently? How can investors buy into gold? Is holding physical gold an option? What are the downsides to investing in gold? #friendswithmoney #t...
Jun 12, 2023•14 min•Season 3Ep. 103
