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On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the property price movements, fintok and finfluencers, and tax time.

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Steve Waters, director of Right Property Group, chats about the resilience of the property market in Victoria, where another lockdown is currently in place, as well as Westpac’s latest surprising predictions for property price movements.

RMIT’s senior lecturer of finance, Dr Angel Zhong, reveals the rise of fintok and finfluencers and the dangers social media presents to financial markets.

And lastly, tax and super guru Timothy Munro talks about tax time. He reveals what Aussies need to be mindful of as we head towards 30 June, and why some should look at engaging a professional this tax time.

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

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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) "2021-06-01 07:20:48" ["slug"]=> string(117) "16857:are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(130) "/resources/podcast/are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["image"]=> string(65) "images/podcasts/230321_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg" ["image_alt"]=> string(0) "" } }

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Are property prices set to crash? Should you jump on board the fintok craze? And...

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Invest

What do over 65s want from their investments?

By Lucy Dean

October 11 2017
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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.”

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