Mo Money

There are a bunch of hype and noise out there around 'sexy' investment strategies that can make you MASSIVE cash but are these exotic investments actually a good idea?   In this post I cover the different types of 'interesting' investments,  options, shares, currency / forex, derivatives, commodities, and the rest, along with the pros and con  so you can learn how you build the right investment st...

Understanding how shares work is a foundational element of being successful with money, and all people with real wealth have a good chunk of shares as part of their wealth stack. So you need to understand shares or there will be a huge gap in your asset building and investment strategy.    In this post I get down to the super basics around shares and stock investing so you can get across the basic...

People think making money is just about picking good investments, it's definitely not .   To follow on from my last couple of posts on investing hacks I talk through what I've been investing in recently and why, so you can learn how you can choose what investments might work for you and how to choose.     Want to keep making the right money moves with complete confidence?   Upcoming online trainin...

Market downturns are the times wealthy people make money.   But knowing what you should be investing in is tricky. There are so many options out there it's like drinking from the firehose, and it's hard to get the confidence to overcome analysis paralysis and take action.    In this post I talk about what I'm seeing the smartest investors buying now so you can learn from their experience, and how...

Not being crystal clear on where your risk is coming from is THE biggest roadblock that stops people from investing money. And there is one risk in particular that most people aren't aware of.    It's the same risk that causes the most actual problems for investors. I've sadly seen a few dozen people cost themselves tens of thousand thousands (most in the hundreds) through being ignorant of lifest...

The interest rate on cash is pathetic. And, when you factor inflation into the mix you're probably going backwards…   But holding a cash emergency fund in your financial war chest is key to your peace of mind. It's also a solid tool you can use so you're never forced to sell investments at a time that isn't right, that helps you to avoid having to accept investment losses on your portfolio.    In...

You don't want to have plenty of money just for money's sake. But, having the money you need to be able to live the life you want is  a key goal for most people and in my view is one of the most important things…   There are a lot of different tactics people take to be smart with money. But like with many things, sometimes the strategies that are the most effective are the most overlooked.    In t...

Investing in stock and share investing is something getting a lot of attention in the post-COVID19 world. But it's a super confusing space and it's easy to get overwhelmed with all the options and fall victim to information overload. But understanding the right sort of investments to help you grow your investment assets and grow your wealth is a foundational element of being smart with your money....

Yeah I want a passive income. Who wants to work forever...? Such a cliché, but if you don't want to work forever nailing investing is critical.    In this session I cover the key mistakes people make when trying to create a second income stream, the tips and tricks you should know to grow your investment income faster and with more confidence, and the investment mistakes that can blow up your hard...

Analysis paralysis is a very long shortcut to money mediocrity…   But our psychology often works against us. You want to make smart moves with your money. You want to do your due diligence and cover all your bases. And you DEFINITELY don't want to fk things up and blow up your hard earned   But sometimes, the more you analyse the harder it is to take action. In this post I cover how you can overco...

Around this time of year I get to chatting with a bunch of people who are all pumped up to make THIS year the year they level up their money game. But not everyone makes it…    Because it's not super easy.    It takes some work. And effort.    It doesn't need to be heaps of work, but it won't happen on its own. There are some hacks you can use to make your money success easier. In this session I c...

In this episode, I'm going to be talking about how to avoid some of the most common and most painful money mistakes, some of the things to look out for so you know what to avoid. I'll give you some hacks as to how we can avoid that. I will also take you through three frameworks around some of the things that we can do once we've avoided these mistakes to actually get on the front foot.   What you'...

This episode is a recording from a live online event that I did in partnership with General Assembly and Raiz invest on how to get smarter with your tax in 2021. I cover a lot of tax planning, strategies, hacks and the tips. We basically deep dive and cover the things you need to know to be smarter with your tax this year, capitalize on some of that new year's momentum to translate that into resul...

You may have noticed that I've put out a post every day in January, and I wanted to give you some practical guidance on how to translate the ideas from the last 30 posts into RESULTS.   One of my favourite quotes of all time is from the one-and-only @@@Derek Sivers, he said; "If information was the answer, we'd all be billionaires with perfect abs". And it's so true. We all want results, and the k...

If you don't have a clear plan for your money, not only are you shooting from the hip, but you're probably leaving a heap of money on the table. And the more you earn, the more problematic it becomes, because there are more things you can be doing to get more out of what you have.    In this post I cover the process you can use to plan with your money, the steps to follow, what to look out for, an...

Buying property off the plan is a strategy that's made a bunch of people money, and cost a bunch of people just as much. In short, it's a minefield. It's something that's pretty common and promoted heavily, but there are a bunch of things you need to know so you don't get caught out holding the bag and cost yourself a HEAP of money in the process.    In this piece I cover how buying off the plan w...

There is a heap of money to be made with Self Managed Super Funds or SMSF's, but sadly most of the time the money is made by the people that are either selling you the SMSF, or the people selling you the investments like off-the-plan property that goes in these funds. But they can be a really great way to grow your assets, when used in the right way.    In this piece I cover what an SMSF actually...

Everyone knows a good joke about accountants, and most people have an accountant that comes to mind when those jokes are told. But, the more money you earn, the more you get smashed with tax and need some sort of help to hold onto a fair amount of your hard earned 💰💰💰   In this episode I cover when you ACTUALLY need an accountant, where to look, and how to make smart moves with your tax and min...

For business owners, the difference between the right and wrong tax structuring and tax strategies is hundreds of thousands of dollars, if not well into the millions. But it's not easy. The rules are complex, there are lots of them, and making small mistakes can be costly.    In this session I cover some of the top strategies I've found to be super effective to save lots of tax for business owners...

Trusts aren't for everyone. But, in the right situation they can save you mountains of tax dollars.    But, a common issue I hear from clients is that they're getting advice to look at a trust from someone with a conflict of interest, and so they don't have confidence to take action.    In this post I chat through the key things you need to understand to establish whether even considering using a...

Given there are so many different things to get right when it comes to tax in Australia, it's no wonder most people don't get them all right. But some tax mistakes are more painful and costly than others, so you should know they are so you can make sure you avoid them.   In this post I cover the most common and painful tax mistakes I see so you can learn from the money mistakes other people have m...

A common area we're asked about is around the strategies you can use to save tax dollars. And there are a few strategies that can save you a packet, if you know how to use them to your advantage…   In this episode I dive deep into some of the tax saving and tax planning strategies you can use to cut your tax bill, reduce your assessable income, and hold onto more of your hard earned income.   Want...

How the Australian tax system works with different types of investments is an area I've found can cause a heap of confusion. Marginal tax rates, rental income tax, property tax, land tax, franking credits, division 293 tax, there are so many types of tax it can be overwhelming.    In this episode I cut through the financial jargon and help you understand the different types of tax that applies to...

In Australia we pay a lot of tax.    And tax is important, but you don't want your annual donation to the ATO to be any bigger than it needs to be. But understanding what to do to tackle your tax can be overwhelming.    In this post I cover the key things you can do to manage and reduce your tax (legally), and some of the common tax strategies we've used to save our clients in the 10's of thousand...

Over the last couple of days I've been posting about how financial advice works. I've had a few questions about what comes next, as in how do you actually get started.    In this post I cover the actual practical steps you need to take to start seeking out an adviser, and how to get started.   Want to keep making the right money moves with complete confidence?   Upcoming online training events: ht...