Money Over 50

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Market volatility is an unavoidable aspect of investing in shares, but don't let your panic dictate the decisions you make. 

For all listener questions/feedback, please contact the team at podcast@mo50.com.au This episode refers to the classic Seinfeld episode "The Soup Nazi" and explains why it is important for the financial planners and their clients to create and follow processes to ensure that the work that we do is done correctly and to a high standard

For all listener questions/feedback, please contact the team at podcast@mo50.com.au When it comes to building up your retirement savings, investing in shares can be really effective. However, there are things to avoid and precautions to take to ensure you don't lose money in shares. This episode looks into a few of the main reasons people lose money in shares.

For 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. 

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Life is full of finite resources, with money being no different. This episode explores some the decision making process needed before deciding to use your spare cash flow to pay off your mortgage or contribute to super. This ranges from interest rates to tax savings and more. There is an answer for everyone, but th...

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Hearing "we don't live an extravagant lifestyle" is usually followed by a deviation to the plan or a denial in one's spending habits. Whatever your lifestyle is, and whatever you choose to spend your money on are simply the facts. The best predictor of your future spending habits is to look at what you're spending...

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.

​For 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.

For 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...

For 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. 

For 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...

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.

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.

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 thi...

​For 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...

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 & r...

For 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. 

For 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 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 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 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”...

For all listener questions/feedback, please contact the team at podcast@mo50.com.au You may ask “What is the difference between Financial Stress and Financial Problems?”   Dallas explains what the differences are and what you can do to overcome these.  

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Perhaps the biggest question to be answered as you head into retirement is “How do I draw enough income in my retirement without ever running out of money?”.    Dallas and Michael discuss the various ways in which retirees can draw a consistent income during a likely 30-year retirement timeframe, along with the tra...

For all listener questions/feedback, please contact the team at podcast@mo50.com.au Dallas Davison and Michael Hogue discuss how to have a budget that works for you.  In particular, we look at: Whether to use a DETAILED budget or a GOALS based budget; how to automate your budget; the benefits of using pay cycle transfers.

For all listener questions/feedback, please contact the team at podcast@mo50.com.au In this episode, Dallas and Michael discuss the various “character actors” that tend to be in the play:  the “Yes” woman; the man with a hammer; and the Jones’s are just some of the typical characters that influence the decisions of those around them.  We discuss the things to watch out for when making financial de...