Smart Money Weekly; Chat GPT investing, offsets are dumb, debt recycling, & crypto 101

Ben Nash

 

Check out our top money tips of the week here. 

Tax hack of the week

Extra tax if you earn over $90k without hospital cover

You could be paying more income tax than you have to if you dont have this is place

Investing hack of the week

Chat GPT can predict stock prices

New studies show AI and chatGPT can predict investment movements in a potential game changer for investors

Saving tip of the week

Offset accounts are dumb

Offset accounts are touted as the best place to hold all your cash savings, but there are a few big problems that can lead to your offset making it harder to save money

Property tip of the week

Does buying an investment property make money @6% rates

Does buying an investment property make sense at 6% interest rates 🤔

Client story of the week

Age 37 & 39, income $525k, assets 2.75m, saving $115k p.a

How these clients restructured their investments and adjusted their financial plan to drive tax savings of $31k using debt recycling

Money hack of the week

It’s not too late to get rich in your 30’s & 40’s

If you want to get rich building investments and wealth in your 30’s and 40’s anything if possible – but only if you take the right approach 🤑🚀

Upcoming events:

Free online money education to help you invest smarter and create a life not limited by money:

Podcast drop

Learn the tips, hacks, and strategies to help you level up your money game. Pods released last week:

In the News

Simple way to turn $5 into $905,000 

To many Aussies are ignoring this one pathway to becoming rich – and it’s costing them hundreds of thousands of dollars.

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

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