Andrew Baxter

Debt Recycling: The Good, the Bad & and the Ugly. As we’ve seen real assets like property. And shares perform insatiably well in the last year. The ability to recycle your debt in order to gear up your investments has never been more appealing. Here’s how debt recycling works and the dangers to look out for: Good debt vs. bad debt Before we jump into anything of the likes of debt recycling. It’s first important that we understand the notion of good debt vs. bad debt. As host Andrew Baxter describes, good debt (in the traditional sense) is debt on an appreciating asset like a house for example. Bad debt, on the other hand, are things like car loans. And credit cards that have no upside potential. A nd simply cost you money to have. In the essence of discussing debt recycling. We are now going to treat good debt as ‘tax deductible debt’ and bad debt as ‘non-tax-deductible debt’. Bad debt = a mortgage on a PPR. Therefore not tax deductible, versus good debt being any k...

The Aussie Commodity Super Cycle- Autralian Investment Education . As one of the largest mining centric countries in the world. It comes at no surprise that we have seen record commodity prices. And colossal profits from our resource companies. The questions arise – is this something of a commodity super cycle? And how long will it last? Here are your answers below: Where it all began A good place to start would be to dial back the clock somewhat 9-10 months ago. The market was in anarchy as cases of the Coronavirus were wreaking havoc. And the economy essentially shutting down. When the pandemic first hit, no one really knew what to expect and so we saw somewhat of a log jam in commodity prices. As host, Andrew Baxter describes. The best example of this was oil when prices went negative. Yes, you read that correctly – negative oil prices. When a commodity is bought to be used and stored. Yet no one is using it – people were actually being paid to hold oil, creating ‘nega...

As we delve deeper into the Coronavirus Pandemic recession. The need for sustainable economic policy and legislation is pivotal. With ever changing policies such as the early access to Superannuation or the legislated increase in mandatory employer contribution. This leaves us with a double-edged sword and awfully confused as to where we’re headed. Here are the three biggest talking points regarding Superannuation right now. Early access to Super – is it being well spent? In spirit, the government has tried to create beneficial policies. To help those in need put food on the table during these challenging times. Specifically, this came with the ability to early access your super. As one of the three main headlines surrounding super. This caused an awful lot of controversy due to where this money is being spent. If you haven’t already heard. Aussies are now able to withdraw $10k from their super last financial year and a further $10k this financial year. Interest...

Are you the kind of person who spends money, and then instantly regrets it? If so, you may have some emotional baggage around money causing you to feel this way. Here’s how you can learn to overcome guilt when spending your hard-earned money: Money is an Emotive Object We’ve all had experiences in our life pertaining to money. Stemming from when we were children. Our core values around spending, budgeting and money overall is formed. As a result of what we see from our parents. And how we view our friends and what we are taught in school. Maybe you grew up with a lot of money, or maybe you had none. However host Andrew Baxter says a common feeling around money is the guilt of spending it . We’ve all got hang ups around money being such an emotive object. Nonetheless, it’s using such emotion in a positive way to overcome these feelings. And treat the greenback boogie more objectively.  Guilt with Money Guilt is an extremely powerful emotion. And is one that many hav...