Money Over 50

Dallas & 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 .

We believe that you should be invested predominantly in companies throughout your lifetime. In this episode, we tell you how much company prices and dividends have grown over 30 years, and why this is important to protect yourself against the rising costs of living (inflation). For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team at podcas...

We now charge a fee for your Initial Consultation with Money Over 50 Financial Advisers of $990 inc. GST. This fee covers our time to prepare for the meeting, hold the meeting, and provide any follow-up information necessary. 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 .

In our industry, it is common to see investors become fearful that bad times will last forever. There will always be forces at play that will work against this. Things will never get as bad you think they will, and if they do, there's nothing we can do about it. 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 .

Relying on cash to support you throughout your retirement can be incredibly hard; there is little to no growth, and the world is only getting more expensive as time goes on. You want to be able to set yourself up in a sustainable way that can continue to grow and build throughout the long term; this is where investing in companies can help. For all listener questions/feedback or to book a meeting...

It's easy to get used to any surplus cash and to spend it on things that hold no value to you. That's why it is important to invest any surplus cash that you may be earning, to prepare for those times when you do need it. 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 .

Michael 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 .

When it comes to saving for your retirement, one of the easiest mistakes to make is to not have a role for your money. A common example of this is to have more cash than needed sitting in your bank account earning an interest rate much lower than inflation; it could be put to much better use being invested in the top companies of Australia and the world. For all listener questions/feedback or to b...

Whenever we see grocery prices down at the supermarket, our instinct is to scoop up more of the discounted items that we want. In investing, however, a large drop in prices tends to deter the average person. What if it could be an opportunity to purchase company shares at a lower price? For all listener questions/feedback or to book a meeting with us to discuss your plans, please contact the team...

Just like in racing, it may seem like you've landed yourself a win, however, things can change unexpectedly and leave the results out of your favour.  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 .

The media loves to tell you how badly you need to get out, but never give you any accurate details. In fact, when it comes to listening to the fearmongering that the media and so-called industry experts spread, more harm is done than good. 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 .

Michael 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 d...

Michael & 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, p...

Investing your money in the right assets and having those dividends reinvested has a HUGE impact on what your future retirement savings look like. 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 .

Your life is full of personal milestones, and your retirement plan is built with goals that you need to meet. So, when it comes to reaching your retirement, the time is yours to enjoy. You need to become comfortable with the idea of there being no "next thing" or you need to find something that helps you feel valuable.  For all listener questions/feedback or to book a meeting with us to discuss yo...

It's important for your investable assets to have a job i.e. to grow your wealth or to remain as a buffer in case of volatile times. A lot of investors have this down pat when it comes to their assets outside of superannuation, but they have no idea about the asset allocation of their superannuation. If you have a significant cash buffer outside of superannuation, it may be worth having a look at...

When sellers in the share market or any market (e.g. fruit market) outweigh the number of people willing to buy, then the price will need to reduce in order for someone to sell that share. However, if you do not have any plans to sell during that particular time, the volatility (reduced selling price) should not even be relevant to you and your shares. For all listener questions/feedback or to boo...

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 .

The role of media is to serve those tuning in with stories that will keep them coming back, 9 times out of 10 it is a horror story of some sort because this is what keeps people coming back (especially when it comes to the economy). This paints a negative picture of the future, even though life is generally getting better for the world. For all listener questions/feedback or to book a meeting with...

In this episode, Dallas & Michale discuss retirement fears - fear, loss & limitation.  Lack - is the fear/belief that you will never have enough to retire. Loss - is the fear of losing money through events such as volatility. Limitation - is the fear that when the assets you are invested in a drop in price, and that they never come back up. It is also the fear that when you retire, no one will wan...

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/feedb...

Using 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), ope...

In this episode, Michael & Dallas speak about how long it takes to earn $100,000 from your investments. They demonstrate the amazing benefits of compounding, showing the reduced time it takes to make the "next" $100,000 as your investments continue to grow. 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 .

As we all know, we are constantly being fed with horror stories about our future, particularly when it comes to economics. However, true poverty is reduced each year allowing people to meet their basic needs (e.g. food and water); further to that point, more and more people are reaching the middle-class. The increase of other people's wealth is great for those who own shares in great companies, as...

Michael and Dallas discuss fear in investing in companies using real-life examples of the GFC and the Covid-19 Pandemic. They explain that volatility is a part of long-term investing, and the mistake usually comes from panicking at the wrong time. 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 .