https://www.patreon.com/Jellyman_Investing If you haven't researched Index Funds, I suggest you start there before investing in individual companies. Should you be brave enough and willing to do the work, you can invest in individual companies. Long term they can potentially provide significantly higher rewards. But remember. With higher reward, comes greater risk. What do you look for in a potential partner and how do you go about assessing those things? Do you give a questionnaire on the ...
Jan 19, 2024•17 min•Season 1Ep. 20
https://www.patreon.com/Jellyman_Investing When you purchase a house you'll have to choose between Variable or Fixed. This refers to how interest rate structure of the life of your loan. Deciding which is best depends on your long-term goals. The Allure and Risks of Fixed Interest Rates Fixed-rate home loans are particularly appealing due to their initial stability and predictability. They allow homeowners to lock in an interest rate for a period, usually between one to five years, resultin...
Jan 18, 2024•16 min•Season 1Ep. 19
https://www.patreon.com/Jellyman_Investing The journey into first-time property ownership often presents a labyrinth of complexities, from dodging aggressive real estate agents to navigating through the myriad of mortgage options from various banks. Undertaking this journey alone can be a daunting, stress-filled endeavor. This is where the expertise of a good broker shines, offering a beacon of guidance and efficiency. These professionals not only simplify the process but can also access a wealt...
Jan 17, 2024•13 min•Season 1Ep. 18
https://www.patreon.com/Jellyman_Investing I want to talk about the journey towards buying your first home. It starts by paying off debt and building your savings. It's really easy to fall off the bandwagon when it comes to getting your finances under control. Here's the way I found to work TOWARDS a house: Set up your automation and accounts for everyday expenses. Build your 6-12 months of emergency savings. Begin investing in index funds. Meet with a broker to assess your financial p...
Jan 16, 2024•12 min•Season 1Ep. 17
https://www.patreon.com/Jellyman_Investing The history of taxation is as old as civilization itself, originally designed as a means to generate capital, primarily to fund wars. In ancient times, rulers and governments imposed taxes to amass wealth, ensuring they had the resources necessary for military campaigns. The Australian Tax System: A Progressive Approach Today, the Australian tax system plays a pivotal role in the country’s development. It is structured to fund public services, infrastru...
Jan 15, 2024•11 min•Season 1Ep. 16
https://www.patreon.com/Jellyman_Investing Let's talk fear. There are a lot of things to be scared about financially. Job loss, retirement, your children, etc. The amazing thing about finance is that there's usually something we can do about it. It's rarely terminal. We just need to take the right action as soon as we can and let time do the rest. Let's face it. The world is scary out there. Especially if we have a family that depends on us financially. Losing a job for examp...
Jan 14, 2024•20 min•Season 1Ep. 15
https://www.patreon.com/Jellyman_Investing In the previous example, we went through some basics of retirement planning. However, there is a considerable flaw in the previous model. That is, it assumes you have to sell all your stocks at age 70 and then with discipline, not spend it all too quickly. Let's solve that problem. The way I described it previously isn't exactly how you want to do it. But I wrote it that way so you have a basic idea. What we've done is purchase a basic To...
Jan 13, 2024•9 min•Season 1Ep. 14
https://www.patreon.com/Jellyman_Investing Retirement Planning is not as hard as you think. With so many online calculators to help you, it doesn't take long to get some basic figures. To perform the calculation, we need some basic figures. You can put your values in if you'd like. If you'd also like to see this in writing, be sure to check out my Patreon where I'll have an article with the same title. Here we go. We need to start with some basic figures. Do not get bogged do...
Jan 12, 2024•10 min•Season 1Ep. 13
https://www.patreon.com/Jellyman_Investing Right after COVID-19 broke out, the stock markets crashed. Not unexpected. Superannuation funds are tied to the stock market. When you provide money to these organizations, they invest that money for you as conservatively or aggressively as you'd like. But even they are susceptible to market crashes. If you happen to retire at COVID's worst, you may have lost a third if not more of your retirement fund. That's hundreds of thousands of dol...
Jan 11, 2024•15 min•Season 1Ep. 12
https://www.patreon.com/Jellyman_Investing The traditional route to financial security has been through a stable 9-5 job. That's what our parents did and that's usually what they tell us. Climbing the corporate ladder has been ingrained in us since early childhood and schooling and was thought to be the pathway to wealth. However, this path is no longer true in my opinion. While ascending in a career can lead to higher salaries, it also brings with higher taxes and greater responsibili...
Jan 10, 2024•10 min•Season 1Ep. 11
https://www.patreon.com/Jellyman_Investing When I think of buying a house I don't just think of the actual purchase event. I think about what happens if interest rates increase, I think about how I can capitalize if housing demand drops, I think about what happens if I suddenly lose my job, I think about unexpected expenses or changes to my life like having a kid. I want to set up my life so I have protection and you can too. Building your 6-12 months (or more) of savings is absolutely cruc...
Jan 09, 2024•18 min•Season 1Ep. 10
https://www.patreon.com/Jellyman_Investing Intro "Welcome to the Jellyman Investing podcast, where I guide you through the intricate world of personal finance, paving your path to financial stability and success. I'm Jed Guinto, and today, I'm thrilled to share an exclusive look at my Patreon page, featuring comprehensive collections on various financial topics. Whether you're battling debt or planning for retirement, I've got tailored content just for you. Let's ex...
Jan 08, 2024•8 min•Season 1Ep. 9
https://www.patreon.com/Jellyman_Investing Is fire a good thing? It can devastate forests, destroy houses or it can cook food and provide heat. In short the answer is, depends who's controlling the fire. Before I get on with this episode, a reminder that I have a Patreon page where you can read articles, download spreadsheets, get internet resources, watch tutorial videos and even chat with me. It's free to join so sign up today. The link is: Patreon.com/Jellyman_Investing Also, a disc...
Jan 08, 2024•13 min•Season 1Ep. 8
https://www.patreon.com/Jellyman_Investing When you get your financial affairs in order, when you educate yourself to the point where regardless of what's happening in the economy you still make money or protect yourself and your family, you've won the game of life. It's not that hard, just takes time. Before I get on with this episode, a reminder that I have a Patreon page where you can read articles, download spreadsheets, get internet resources, watch tutorial videos and even c...
Jan 07, 2024•19 min•Season 1Ep. 7
https://www.patreon.com/Jellyman_Investing There was once a king who was to pay a farmer for his work. He asked how much he'd like to get paid. The farmer replied saying, place two coins on the first square of the chess board. Then double the number of coins when you go from one square to the next. First there was 2, then 4, then 8 and so on. Can you guess how many coins there are by the time he reaches the end of the chess board? Before I get on with this episode, a reminder that I have a ...
Jan 05, 2024•12 min•Season 1Ep. 6
https://www.patreon.com/Jellyman_Investing Once your accounts are set up and put into autopilot, its time to get efficient. You'll come to understand that when it comes to investing, it's not necessarily the amount you earn or the amount you invest, it's the time you stay invested. Before I get on with this episode, a reminder that I have a Patreon page where you can read articles, download spreadsheets, get internet resources, watch tutorial videos and even chat with me. It'...
Jan 05, 2024•11 min•Season 1Ep. 5
https://www.patreon.com/Jellyman_Investing Welcome to another episode here at Jellyman Investing where we'll be talking about building your foundation. That means, learning how to structure and automate your accounts so that you don't over spend, you have a better understanding of where the money is flowing and most importantly, slowly and steadily build your savings to the coveted 6-12 month target. Before I get on with this episode, a reminder that I have a Patreon page where you can...
Jan 04, 2024•14 min•Season 1Ep. 4
https://www.patreon.com/Jellyman_Investing There is nothing I hate more than Credit Cards and Personal Loans. Many times designed and marketed to prey on the weak of our society to keep them down, low and poor. Generating billions of revenue for banks at interest rates that are utterly ridiculous and difficult to understand. Before I get on with this episode and vent like crazy about credit cards, a reminder that I have a Patreon page…. Patreon.com/Jellyman_Investing where you can read articles,...
Jan 03, 2024•12 min•Season 1Ep. 3
https://www.patreon.com/Jellyman_Investing Before we begin on this wonderful journey of personal finance, a few things. Firstly, I have a Patreon page set up specifically so people can read these podcasts in article form, but there'll also be downloadable files, video tutorials and more. Simply because trying to explain a certain things through a podcast can be challenging and I have been requested to provide the spreadsheets I use, websites I frequent to assess housing and more. It's ...
Jan 02, 2024•7 min•Season 1Ep. 2
https://www.patreon.com/Jellyman_Investing Welcome to the first episode of Jellyman Investing. Thank you for joining me and lets get this show underway. If you're listening to this podcast no doubt you're wanting to improve your financial situation in some way. Maybe you're hoping to get out of debt, or learn about investing, buying your first house, planning finances for children, working towards financial independence, planning retirement and more. These are just some of the thi...
Jan 01, 2024•3 min•Season 1Ep. 1
