Episode 12: Financial Divorce

Financial Divorce

Episode 12 of The Investor Exchange

Louis and Brett are steering the ship one last time and start things off with a catchy tune you may recognise.  Lot’s discussed today including $18.9 Billion in monthly cashflow, CBA fined again, luxury property prices and the financial impact of divorce, listen in and enjoy.

Latest from the Royal Commission

Commonwealth Banks insurance arm, CommInsure, were fined for misleading advertising but the fine which could have been $8m was only $300,000.  We discuss how claiming via personal insurance can be challenging and what options you have if rejected similar to a CommInsure client who received a $169,305 payout after the Financial Ombudsmen Service (FOS) got involved.

$18.9 Billion – that’s the amount of shareholder dividends to be paid out in September, a record for Australia.  Louis explains how this happens in more detail.

Our Investor Exchange Round Table Discussion Covered:

  • Does High Priced Property perform differently?
    By viewing the Australian Real Estate Market by deciles (10% pricing bands) we can see that most of the recent decline Australian property values has occurred in the most expensive 30% of property.   Brett further discusses this in world terms and how Australian Prime Residential property has performed when compared to Prime Property in international cities.(18:45)
  • How do you manage your finances when going through a divorce?
    Louis discusses the ins and outs of financial matters that are likely to happen when getting divorced. (28:20)

You Cannot Be Serious this week:

  • Laser Guns, yep they’re real!
    Brett found out that the Chinese Police have developed an assault rifle that produces an energy beam that cannot be seen by the naked eye but can pass through windows and cause the “instant carbonisation” of human skin and tissues – ouch! (46:20)
  • Can you live without Coffee?
    Louis has..  Well he’s trying at the moment with the aid of a few cheat days..(48:50)

Baby Shark doo doo doo doo doo

Next Events:

The Investor Exchange partners with United Global Capital to run educational events for investors on Property Investing, Stock Market Investing and Financial Strategies.

Listener Questions:

We are wanting listeners to write in or leave a voice message for us with questions, feedback or topics for discussion.  You can do this via The Investor Exchange website on the link below.

Ask a Question: https://theinvestorexchange.com.au/ask/

Join the Conversation: fb.me/theinvestorexchange

The Investor Exchange Theme Music:  “Happy Happy Game Show” by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0.

The post Episode 12: Financial Divorce appeared first on The Investor Exchange.

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