Show Notes
A $10,000 investment into a one year old's superannuation account, growing at 10% a year, becomes $1 million by the time they turn 60. In this episode, Michael sits down with financial advisor Nick Menegola from Capital Partners to break down exactly how to invest for your kids, from bare trusts and investment bonds to the truth behind the "CGT free after 10 years" marketing claim.
🔔 Subscribe & leave a comment with your questions — we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 --------------------------------- In this episode: The best structures for investing in your child's name: bare trusts, kids accounts, and investment bondsWhether investment bonds really are CGT free after 10 years, and the tax detail often left out of the marketingWhere to invest just $20 a week without brokerage fees eating your returnWhy concessional super contributions rarely make sense for kids, and when the government's co contribution can double your moneyThe compound interest timeline and how even 1% of your salary can create $300,000 by retirementMichael's three jar system for teaching a six year old to save, spend, and giveThree practical strategies every parent can start tomorrow, at any income levelWhy index funds and ETFs outperform 85% of stock pickers, and how COVID proved itHow the latest budget changes affect share market and trust investing for families--------------------------------- Timecodes: (00:00) Cold open: the $10k super account trick (00:56) Welcome Nick Menegola from Capital Partners (01:25) Today's topic: investing for kids (01:50) Nick's first investing memory at age 12 (04:20) Getting kids interested before getting it perfect (06:00) Whose name should you invest in (07:10) Kids accounts and bare trusts explained (07:40) Kids super funds and investment bonds (09:00) Investment bonds vs education bonds (09:25) Is the "CGT free after 10 years" claim true (11:20) Best strategy if you can only invest $20 a week (12:52) Concessional contributions into a child's super (14:30) The government co contribution scheme (15:15) Compound interest and getting the timing right (16:30) How 1% of your salary becomes $300k (17:35) The three jar system: save, spend, give (21:15) Three strategies every parent should implement tomorrow (25:10) Are we overthinking investing (28:35) How ETFs changed the game (31:35) How the new budget affects share investing (34:15) Nick's final advice for parents Subscribe: https://www.youtube.com/@ThatBackyardPropertyPodcast Instagram: https://www.instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://www.facebook.com/tuskfinancemk Instagram: https://www.instagram.com/mortgageswmichael LinkedIn: https://www.linkedin.com/in/michaelkilliner TikTok: https://www.tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] Produced by Podwave Studios: https://www.podwavestudios.au #investingforkids #kidsandmoney #financialliteracy #australianfinance #wealthbuilding #superannuation #compoundinterest #familyfinance #propertypodcast #ausfinance #parentingtips #investmentbonds #baretrust #indexfunds #etfinvesting #capitalpartners #thatbackyardpropertypod #tuskfinance #moneylessons #generationalwealth
More from That Backyard Property Podcast
Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc
Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc
Perth home values are down 3.2% from their April peak, but still up 15.6% on a year ago. In this mini episode, Michael Killiner breaks down how existing owners should decide whether to keep, sell or restructure: the marginal buyer question, how to sell well in a market with more stock, and the loan levers that often matter more than your rate, from resetting your loan term and checking your valuation to interest-only expiries, cross-securitised loans, the loyalty tax and whether to fix now.
Days on market in Perth have blown out from 8 days to 21, and sellers are still pricing like it is last year. In this episode, Michael Killiner sits down with Rowen Powell, Director of Verve Buyers Agency, to ask where the Perth market really sits right now and whether we will look back and wish we had bought more property. Rowen unpacks over 7,000 listings, why a 3.7% pullback needs context after 15.6% growth, what makes a compromise asset, and why buyers are holding out for scarcity and forever homes. They also dig into the gap between appraisals and what buyers will pay, the risk of leaning on computer valuations, and what actually wins an offer in Perth today. To finish, Rowen shares where he thinks the market lands in 6 and 12 months, and Michael looks at hold costs and whether forced selling could appear next year. Essential listening for buyers, sellers and investors who want to understand how to make calm, calculated decisions in a wait and see market. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: - Why spring has not delivered the usual spike, with more than 7,000 listings and townhouses, apartments and outer fringe stock leading the increase. - How to read a 3.7% drop since April when the previous 12 months delivered 15.6% growth, and why a wet winter and post-budget mood skew the numbers. - What a compromise asset looks like, from busy roads and poor orientation to school zones and redevelopment risk, and why buyers now want a forever home. - The valuation gap, where a $1 million appraisal becomes a $950,000 sale, and why that $50,000 tax-free difference keeps sellers on the hill. - Why you should get more than one recent appraisal, and how computer valuations and bridging loans can leave sellers stuck. - What wins offers now, including clean contracts, flexible settlements and rent backs, plus the traps of buying off market. - Why the wrong house at a discount is still the wrong house, and how to stress test repayments and your offset buffer before you buy. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Will we wish we bought more property (1:30) 7,000 listings and a wait and see market (3:05) Replacement cost and the market floor (4:30) A 3.7% drop after 15.6% growth (5:50) What a compromise asset looks like (8:00) Baldivis, Ocean Reef and a tiered market (12:00) The $50,000 tax-free valuation gap (14:20) Computer valuations and bridging risk (16:15) What wins offers in Perth now (19:15) The off market trap (20:55) Where the market sits in 6 and 12 months (22:40) Rates, hold costs and forced selling (24:45) Longer home opens and days on market ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PerthProperty #PropertyInvesting #BuyersAgent #VerveBuyersAgency #PerthRealEstate #PropertyMarket #HomeBuyers #TuskFinance
A median priced Perth investment house now costs around $750 a week to hold, and from 1 July 2027 you can no longer use that loss to cut the tax on your salary. In this mini episode, Michael Killiner works through what the budget really means for anyone thinking about buying their first investment property.