Where should my next $500 go: Super or my portfolio?
About this episode
The episode discusses whether to invest extra cash in superannuation or a personal portfolio, featuring insights from financial advisor Julie Bullen.
Which is better in the long run- adding extra cash to super? OR to your own portfolio instead? Jess wants to know. Jess’ Superannuation balance is smaller than it should be, for her age. As those who’ve followed her investing journey will know, deciding what to about it- has been tricky for her. And she’s not alone. Community member Matt also wants to know the benefits of over putting extra cash in super over in the market himself. So Julie Bullen, Financial Advisor at Fox & Hare joins the show to run the numbers. Can she convince Jess that she’ll be rewarded in the long run for investing in Super now? Chapters: 00:00:00 Why Where You Invest Matters 00:01:12 Matt's Question 00:02:30 Super Is A Structure, Not A Product 00:05:00 Jess's Super Balance Reality Check 00:06:30 The Case For Contributing To Super 00:08:34 Breaking Down Jess's Money Split 00:10:00 First Home Super Saver Scheme 00:12:30 The Real Numbers On $500 A Month 00:15:00 Flexibility Vs Two Buckets 00:16:34 Can The Government Change The Rules? 00:17:57 What the CGT Changes Mean 00:19:32 Julie's Own Super Story 00:21:30 Jess's Final Projected Numbers 00:23:54 Start Small And Start Now Links mentioned in this…
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