Smart Money Weekly; Top investing deductions, investing at market peak, selling property CGT free, safe investing accounts
Hey,
Check out our top money tips of the week here.
Tax hack of the week
Top share investing tax deductions When you invest, if you can save tax at the same time it means more money spare you can add to your investments so they grow faster.
Investing hack of the week
Will you lose money if you invest at the peak of the sharemarket? If you want to invest today its common to be worried you might be investing at the peak before a sharemarket crash, so i wanted to unpack how this plays out in practice
Saving tip of the week
The (only) 7 ways you can get ahead with money faster If you dont like whats going on with your money, savings and investments - THE POWER TO CHANGE THINGS IS YOURS - and you are the only one who can…
Property tip of the week
Sell your investment property CGT free The six year rule can save you hundreds of thousands of dollars in capital gains tax when you sell an investment property.
Client story of the week
Age 30, income $150k, saving $2.5k p/m, assets $275k, upside $1m+ How to create a financial foundation and build early investing momentum that will set up your future financial independence and money success.
Money hack of the week
How to choose a safe investment account If you want to invest money AND make sure your investments are safe, you have to choose the right account and provider - here i cover how to choose a safe investing account.
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Podcast drop
Learn the tips, hacks, and strategies to help you level up your money game. Pods released last week:
In the News
How to save $1158 a month in tax Every Aussie wants to slash the amount of tax they have to pay – and here’s one seriously smart way to use the rules to your advantage.
To your success,
Ben
PS – Whenever you’re ready, I want to help get more money in the best way for YOU. There are six ways we can do this together:
1. BOOK >> Replace Your Salary by Investing: Your start-to-finish game plan to save more, invest smarter, and maximise your money. Get it on Amazon | Booktopia
2. Smart Money Accelerator: Our money coaching and training service that helps you build a second income investing faster and unlock your financial potential. Join here
3. Personalised financial advice: If you want a customised plan to get more out of the money you have today AND the support to rapidly turn it into results, 1-1 advice might be for you. Book a call to learn how this can help you here.
4. Live online events: We put on free money education events to help you level up your money. Upcoming events here.
5. The Mo Money Podcast: Free money education delivered weekly on what’s happening in markets and the things you need to know to make smarter money moves. Listen on Apple | Spotify | Stitcher | Podbean
6. Free money education on our socials: We put out daily content to help you level up your money game, get around it on TikTok | Linkedin | Youtube | Facebook | Instagram
Disclaimer: I know you’re smarter than someone that would need me to write the words that come next, but our compliance peeps are real hard-asses so here we go... This information is not personal advice, secrets from the upside down, or lyrics to the lost Doors back catalogue. It may only be regarded as general advice, and arguably shouldn’t be considered advice at all given it’s just an email we sent to a bunch of people linking to a heap of TikTok videos. Your personal objectives, needs or financial situation have not been considered when preparing this, but I want you to know I have spent a lot of time thinking about how to get a two year old to eat her noodles without fussing, how to stop my cat from waking me in the middle of the night for a back rub, and whether the cone of silence from Get Smart is a venture with solid commercial prospects - if your interests align here please let me know because I’d love to compare notes. You should consider the appropriateness of any general advice we have given you, having regard to your own objectives, financial situation and needs, and if necessary, seek advice before acting on it. You should also consider reducing your gluten intake, maintaining your mobility into your 30’s and beyond, and the fact George Street trams are deceptively quiet until they get close enough to scare the bejesus out of you with their horn. Where information relates to a financial product, you should obtain and consider the relevant product disclosure statement before making any decision to purchase that financial product. Where the information relates to where you can find the spicy thai chilli sriracha, you should consider stocking up before the next supply shortage. Worth noting also that past performance is not a reliable indicator of future performance when it comes to investments, and definitely not when it comes to small children. Financial services guide