Hello and welcome back to the 360 Money Matters podcast! We all know how much of a big decision investing is, especially if you’re unfamiliar or inexperienced in the field. From choosing your particular type of investment to barriers of entry, it can certainly feel like a daunting task and you might not always feel confident making all those decisions yourself.
This week, we’re taking a deeper dive into the investment aspect of financial planning, specifically focusing on fund managers. We’ll discuss the role of fund managers in your financial strategy, the different methods that you can invest in, as well as compare and contrast the various benefits and costs of choosing to invest in a fund manager as opposed to directly managing your investments yourself.
While you may be taking away that element of control from yourself, you are replacing it with a specialist who possesses intricate knowledge and decision-making involved in investments. If you think you’re in need of hiring a fund manager, make sure to tune into this episode!
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis and Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights:
• What a fund manager does.
• The benefits of investing in a fund manager.
• The costs and accessibility associated with it from both perspectives.
• Investing in fund managers lets you diversify your portfolio.
• The benefits from a taxation perspective.
• Owning a property directly vs. investing through a fund manager.
