array(1) { [0]=> &object(stdClass)#5642 (52) { ["id"]=> string(5) "16596" ["title"]=> string(129) "Home values up 30% (or are they); NFTs taking the world by storm, and why Keating thinks Aussies will be ‘poor’ in retirement" ["alias"]=> string(118) "home-values-up-30-or-are-they-nfts-taking-the-world-by-storm-and-why-keating-thinks-aussies-will-be-poor-in-retirement" ["introtext"]=> string(156) "

On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the latest in equities, property investing and super.

" ["fulltext"]=> string(1127) "

Steve Waters, director of Right Property Group, chats about the latest in property, including CoreLogic’s latest findings, which suggest national home values have increased at the fastest pace in over 30 years, and why he isn’t quite sure this is the case.

RMIT’s senior lecturer of finance, Dr Angel Zhong, talks about soaring travel stocks, the rising popularity of NFTs and what they are, as well as the sudden meltdown of Archegos Capital Management.

And lastly, tax and super guru Timothy Munro gives his thoughts on Paul Keating’s early release of super verdict, as well as an overview of life after JobKeeper.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "302" ["created"]=> string(19) "2021-04-06 03:18:36" ["created_by"]=> string(4) "2404" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2021-04-07 02:18:26" ["modified_by"]=> string(4) "2403" ["modified_by_name"]=> string(22) "Maja Garaca Djurdjevic" ["publish_up"]=> string(19) "2021-04-06 08:07:08" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(240) "{"image_intro":"images\/podcasts\/060421_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg","float_intro":"","image_intro_alt":"","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(855) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","send":"0","test":"0","schema_active":"0","schema_name":"","schema_description":"","schema_thumbnailUrl":"","schema_uploadDate":"","schema_duration":"","schema_contentUrl":"","schema_embedUrl":"","comments":"1","readingDiff":"3","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(87) "home, values, 30%, nfts, world, storm, keating, thinks, aussies, ‘poor’, retirement" ["metadesc"]=> string(200) "On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the latest in equities, property investing and super. Steve Waters, director of Right Property Group, " ["access"]=> string(1) "1" ["hits"]=> string(3) "194" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1127" ["ordering"]=> string(1) "0" ["category_title"]=> string(7) "Podcast" ["category_route"]=> string(17) "resources/podcast" ["category_access"]=> string(1) "1" ["category_alias"]=> string(7) "podcast" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "82" ["author"]=> string(12) "Robyn Tongol" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(9) "Resources" ["parent_id"]=> string(3) "300" ["parent_route"]=> string(9) "resources" ["parent_alias"]=> string(9) "resources" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#5635 (3) { ["data":protected]=> object(stdClass)#5631 (95) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["menu-meta_description"]=> string(180) "Let us help you decide how you want to invest your money on. Learn the best strategies in investing and options like cryptocurrency, bonds, mutual funds, property and stock market." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2021-04-06 08:07:08" ["slug"]=> string(124) "16596:home-values-up-30-or-are-they-nfts-taking-the-world-by-storm-and-why-keating-thinks-aussies-will-be-poor-in-retirement" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(137) "/resources/podcast/home-values-up-30-or-are-they-nfts-taking-the-world-by-storm-and-why-keating-thinks-aussies-will-be-poor-in-retirement" ["image"]=> string(65) "images/podcasts/060421_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg" ["image_alt"]=> string(0) "" } }

Latest Podcast

Home values up 30% (or are they); NFTs taking the world by storm, and why Keatin...

Resources

There is $17.5 billion in lost and unclaimed super across ...

Invest

Questions to ask investment professionals before choosing an adviser

By Louise Chan

August 10 2018
Share

Invest

Questions to ask investment professionals before choosing an adviser

By Louise Chan
August 10 2018

A person can grow their wealth more effectively and fight the effects of inflation by investing their money, but portfolio management can be difficult for inexperienced investors. Engaging a licensed investment professional can help them mitigate investment risks. Choosing the right person, however, requires careful evaluation.

Questions to ask investment professionals before choosing an adviser

By Louise Chan

August 10 2018
Share

Investors need to prepare questions to ask a financial planner to find the right investment professional who can help manage their investments according to their objectives and goals.

Nest Egg provides a guide on what to ask investment professionals in an interview in order to determine if they’re the right person to hire.

Evaluate your purpose for investing

Before consulting a professional, consider evaluating your investment objective because this will help narrow down the list of potential advisers.

Answer this: What is this investment for?

Before searching for an adviser or broker, clarify your purpose for the investment and identify your time horizon and risk tolerance.

Knowing the underlying reason for the intended investment may help determine the kind of advice needed and direct you to investment professionals who could potentially help meet those objectives.

Likewise, be clear about your requirements and expectations from a financial manager so that the potential advisers you will interview will have a clear idea about the kind of service they are required to provide.

Important questions to ask investment professionals

The first meeting with a stock broker, financial planner or adviser should ideally be an informative exchange.

Don’t be afraid or embarrassed to ask the investment professional to explain whatever areas you have difficulty understanding. Refrain from signing any document or employing the professional without receiving satisfactory and understandable responses to all your questions.

Consider inquiring about the following:

Credentials and Australian financial services (AFS) licence
Experience
Products
Services
Fees

Credentials and AFS licence
Ask the investment professional about their credentials and if they have an AFS licence.

Although a degree in accounting, finance, economics or financial planning are preferable, the professional doesn’t have to own a diploma on these disciplines. Rather, they should be able to show that they took steps to learn the ropes and have the qualifications to give financial and investment advice.

Any individual who gives investment recommendations, whether they are compensated or not, must have an AFS licence. This licence will allow you to confirm the legitimacy of their operation.

Experience
Ask about the financial adviser’s previous experiences and clientele. This should give you an idea if the adviser has experience dealing with people who share similar circumstances. Likewise, it may help you discern if the adviser can truly understand your objectives and can provide appropriate advice.

Products
It’s best to know what type of products the adviser can offer so you will know their investment limitations. Likewise, the adviser should be able to explain how a recommended product works and its role in the strategy for your portfolio.

This is important because some advisers may recommend switching to a different product that they receive commissions from, which could be a conflict of interest at the expense of the investor.

Services
Ask about the extent of services that the adviser provides and whether they have the appropriate licence to extend those services.

The adviser should also be upfront about the limitations of their advisory function so that you will not expect a personalised recommendation if they are only licensed to give general advice.

Fees
Recurring fees can negatively impact or neutralise the growth of an investment portfolio, which is why it’s important for you to be frank and ask about the adviser’s fees in percentage and dollar amount.

Consult the financial advisers register

Once you know the name and AFS licence number of the adviser, the Australian Securities and Investments Commission (ASIC) recommends consulting the financial advisers register to learn their details, such as their credentials, experiences, professional associations and approved product list, among other qualifications.

This information has been sourced from ASIC and FINRA.

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook. Find us on Twitter for the latest updates

Rate the article

About the author

Louise Chan

Louise is a content producer for Momentum Media’s nestegg who likes keeping up-to-date with all the ways people can work towards financial stability in 2019. She also enjoys turning complex information into easy-to-digest, practical tips to help those who want to achieve financial independence.

About the author

Louise Chan

Property

Policy failures see houses become unattainable for young Australians, minister says

Australia’s booming house prices are the result of the government’s failed policies, with the younger generation now unable to afford what their parents could, a minister has said. ...Read more

Property

House prices to grow by 25% over 3 years

New research is predicting a large gain in property prices of around 25 per cent through to the end of 2023, driven mainly by low interest rates. ...Read more

Property

Strict cap on short-term rentals delayed following criticism

Following widespread criticism from councils and online rental companies, the introduction of NSW’s planned holiday rental code of conduct has been pushed back by three months. ...Read more

Property

Melbourne becomes Australia’s 2nd most affordable rental market

While most capital cities saw house rents soar to new record highs over the first quarter of 2021, Melbourne continued to lag behind – becoming the second most affordable capital city to rent in Aus...Read more

Property

Why home buyers are now more open to high-priced properties

Buyers are more likely to spend more to secure a property as their preferences shift towards bigger spaces with higher price tags, recent data has shown. ...Read more

Property

Government brushes aside RBA’s debt blowout warning

The government said it is not concerned about the RBA’s warning that the financial system could be rocked if there’s a debt blowout, in fact it is “very pleased” that confidence levels are lea...Read more

Property

Have first home buyers been pushed out of the market?

Latest figures have shown a monthly decline of over 3 per cent in first home buyer activity, but levels still remain at their highest since 2009. ...Read more

Property

‘Optimistic borrowers’ could endanger housing market, RBA says

The Reserve Bank of Australia has issued a caution, noting that optimistic borrowers could lead to a deterioration in the quality of lending, increasing the risk in the housing market. ...Read more