array(1) { [0]=> &object(stdClass)#6423 (52) { ["id"]=> string(5) "17344" ["title"]=> string(132) "Could property prices inflate by another 20%? What’s happening in recent dividend announcements? Did your fund fail the YFYS test?" ["alias"]=> string(135) "could-property-prices-inflate-by-another-20-per-cent-what-s-happening-in-recent-dividend-announcements-did-your-fund-fail-the-yfys-test" ["introtext"]=> string(176) "

In this episode of The nestegg Podcast, host Maja checks in with our three experts to discuss this week’s biggest conversations about super, property and investment.

" ["fulltext"]=> string(1149) "

Steve Waters, director of Right Property Group, talks about the current market and its growth prospects, hinting at a “revenge spend” period post-lockdown. Could property prices really inflate by a further 20 per cent?

Meanwhile, RMIT’s senior lecturer of finance, Dr Angel Zhong, talks about the earning season and dividends, delving into how companies decide distribution policy. Find out what is happening in the recent dividend announcements.

Last but not least, tax and super guru Timothy Munro talks us through the results of APRA’s inaugural super test and how engaged members should really be with their super. Timothy also touches on the super splitting law and what it means for relationship breakdowns.

Have a question for our experts? Get in touch at [email protected] and you might get featured in 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) "2021-09-07 06:13:09" ["created_by"]=> string(4) "2404" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2021-09-08 00:31:26" ["modified_by"]=> string(4) "2334" ["modified_by_name"]=> string(18) "Jerome Delossantos" ["publish_up"]=> string(19) "2021-09-07 08:01:32" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(233) "{"image_intro":"images\/podcasts\/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","comments":"1","readingDiff":"3","schema_active":"0","schema_name":"","schema_description":"","schema_thumbnailUrl":"","schema_uploadDate":"","schema_duration":"","schema_contentUrl":"","schema_embedUrl":"","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(101) "property, prices, inflate, cent, what’s, happening, dividend, announcements, fund, fail, yfys, test" ["metadesc"]=> string(167) "In this episode of The nestegg Podcast, host Maja checks in with our three experts to discuss this week’s biggest conversations about super, property and investment." ["access"]=> string(1) "1" ["hits"]=> string(2) "78" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1149" ["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)#6425 (3) { ["data":protected]=> object(stdClass)#6421 (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) "2021-09-07 08:01:32" ["slug"]=> string(141) "17344:could-property-prices-inflate-by-another-20-per-cent-what-s-happening-in-recent-dividend-announcements-did-your-fund-fail-the-yfys-test" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(154) "/resources/podcast/could-property-prices-inflate-by-another-20-per-cent-what-s-happening-in-recent-dividend-announcements-did-your-fund-fail-the-yfys-test" ["image"]=> string(58) "images/podcasts/Angel_Zhong_Steve_Waters_Timothy_Munro.jpg" ["image_alt"]=> string(0) "" } }

Latest Podcast

Could property prices inflate by another 20%? What’s happening in recent divid...

Resources

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

Invest

What do over 65s want from their investments?

By Lucy Dean

October 11 2017
Share

Invest

What do over 65s want from their investments?

By Lucy Dean
October 11 2017

The proportion of Aussies 65 and over is forecast to double within 30 years, prompting fund manager Pengana’s question: what do they need from their investments?

What do over 65s want from their investments?

By Lucy Dean

October 11 2017
Share

The proportion of Aussies 65 and over is forecast to double within 30 years, prompting fund manager Pengana’s question: what do they need from their investments?

Investment analyst with Pengana’s Australian Equities Fund, Mark Christensen said at a Sydney symposium this week that the fund manager is “very aware of ...[the] very powerful demographic trend” of Australia’s ageing population.

He noted that this demographic trend would have “quite a profound impact” on investors and managers as this ageing cohort prompts an “increased demand for a yielding product, or an income product”.

Before considering the yield needs of this demographic, Mr Christensen issued a warning about the inherent risks that lie within high-yielding assets.

Quoting investment writer Raymond DeVoe Jr, Mr Christensen said: “More money has been lost reaching for yield than at the point of a gun.”

Continuing, Mr Christensen said: “The point that he [DeVoe] really makes, and something that I think we all need to take away, is that if reaching for yield or achieving a yield target is your primary or main focus then it's very easy to lose sight of the initial risk which you take on at every 10 or every 20 basis points that you reach.

“Human nature really does make you reach that little bit higher, particularly if you are set on defined targets. It's a big warning sign before you approach the space.”

With this in mind, Mr Christensen identified capital preservation and a yield that sits above the cash rate as the two primary needs of equity income investors.

“Yield investing can be tricky but that's the point; you have to give a lot of thought to sustainability and the risk that you're taking on for every 10, 20, 30, 50 basis points that you reach for,” Mr Christensen said.

As such, the equities fund has a goal of 6-8 per cent yield with strong medium-term growth coupled with a capital preservation mandate.

Mr Christensen said Pengana has a “capital preservation toolkit” made up of: ability to stay in cash, a disciplined investment process, options, currency hedging, a margin of safety and stocks that are economically insensitive.

Further, for older investors, Pengana considers cash holdings “an outcome of available investment opportunities”, explaining: “Cash is a low risk, income producing option to take advantage of future opportunities.”

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

Property

Even experts agree that Australia’s property market doesn’t make sense anymore

The last 18 months haven’t just broken records for price growth, they’ve broken the rules for how Australia’s property market usually operates. ...Read more

Property

In a position to buy a €1 European villa? You might be better off looking local instead

So, you want to buy a €1 European villa? Here’s what you need to think about before you do. ...Read more

Property

Will the regional shift take pressures off property prices?

The COVID-19-induced regional exodus is spurring on new economic markets further away from the cities, while potentially alleviating congestion and housing affordability issues that Australia’s capi...Read more

Property

What you should know before you buy a €1 European villa

A €1 European villa might sound like a good investment to Millennials. Here’s why they should think twice. ...Read more

Property

Tale of 2 cities as lockdowns threaten to slow property growth

Despite Australia’s two largest cities acting in polar opposite directions, the overall housing market remains strong, an economist has revealed. ...Read more

Property

House prices to jump by 20% despite COVID-19 storm

Housing prices are tipped to grow more by more than 20 per cent this year, despite much of the country going back into lockdowns, a big four bank has revealed. ...Read more

Property

The simple trick that could save you $2,000 on your home loan

Australians who refinance their mortgages and secure a saving of up to 1 per cent on their current rate could see their finances improve by $2,000 a year, yet hesitancy towards switching rates remains...Read more

Property

Australia’s financial sector balloons to just under $11 trillion

Strong bounces in property and share prices over the last 18 months have seen Australia’s financial sector balloon to well over $10 trillion, new research has revealed. ...Read more