Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 11 November 2022. They start the show by talking about a lotto win in China and the new company director registration requirements, the later of which is causing a hassle for many. It’s fair to say it’s been a poorly implemented initiative. This week’s topic for discussion however is: Gearing and investments – How does it work?
Key topics covered include:
- What is gearing?
- How do you secure a loan and what is a margin call?
- An example of how gearing and investments works
- What are the risks and rewards?
- Know your loan to value ratio
- What is positive and negative gearing?
- Buying good quality assets is important!
- Make sure you have strong cashflow
- Luke shares his insights into gearing including keeping a buffer
- And remember to plan for interest rate rises too – we’re probably not done with them yet!
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’
Do you need gearing advice to help you reach your goals?
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, insurance and/or retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcasts on our website too.
We look forward to your company again and sharing more news about the book that’s coming in 2023!
