Money Over 50

293 Building the Lego Titanic

Have you ever embarked on building a 9,000+ piece Lego display? This is Michael’s current project with his young son, Richie: building a giant model of the Titanic. For Michael, instead of ripping his hair out, there’s only one way to build the ship – brick by (Lego) brick. 
If you want to improve your financial standing, you can apply the same philosophy – take small steps, one at a time. In this episode, Michael and Dallas discuss what those initial small steps should be.
For more information, please visit www.mo50.com.au

292 33 Years of retirement

What do you see yourself doing when you retire? Going on holidays? Fishing? Taking mid-afternoon naps on the couch? All of those things sound amazing, but could you do them for 33 years straight?
In this episode, Dallas and Michael will get you thinking about the many years of retirement that we are lucky to get these days.
For more information, please visit www.mo50.com.au

291 You’re not going to be dead by 80

Have you ever thought about when you’re going to die? It’s probably not something most of us think about often. Yet when we have meetings with clients, many are quick to tell us they’ll be dead by 80. The statement can lead to some awkward laughter; however, the reality of how long you’re likely to actually live and how much money you’ll need might seem more grim than the thought of dying before 80. There’s nothing grim about this episode, though – listen to Dallas and Michael discuss how life expectancy affects retirement.
For more information, please visit www.mo50.com.au

290 Why diversify

Are your investments diversified? Isn’t it better to invest in big companies like Amazon and Netflix instead of just the top 500 companies of Australia or the world? In short, no.
In this episode, Michael and Dallas discuss why diversifying your portfolio is healthy, and whether or not you should diversify across asset classes, too.
For more information, please visit www.mo50.com.au

289 Should I have bought $160 pyjamas?

How much would you spend on a pair of pyjamas?
In this episode, Dallas confesses to Michael a moral dilemma about buying himself a lavish new pair of pyjamas, and whether the comfort they provide him in bed make up for the uncomfortable feeling of parting with his hard-earned cash.
For more information, please visit www.mo50.com.au

288 Rationality under uncertainty

From the Russian invasion of Ukraine, to the ongoing Covid-19 pandemic, to the steep spike in inflation – these are uncertain times. But then, are times ever certain?
In this episode, Dallas and Michael discuss the difference between looking at headlines and looking at history, and how it impacts your financial decisions.
For more information, please visit www.mo50.com.au

287 How cash in the bank can change behaviour

How does your cash dictate your behaviour? What is the amount that you are not willing to go under when it comes to your bank balance? Is it $100 or $100,000?
Michael and Dallas discuss why knowing this very specific number is important, and how it can change your financial outlook and behaviour.
For more information, please visit www.mo50.com.au

286 All the interesting discussions are about trade-offs

Michael and Dallas spend a lot of time discussing a variety of topics, not just in this podcast, but with (and for) their clients, too. 
In this episode, find out why discussions about trade-offs are the most intriguing to our financial experts, as well as to our clients!
For more information, please visit www.mo50.com.au