Investopoly

Read Full Blog Here In this episode, Stuart pulls apart the perennial “REITs vs direct property” debate and shows why they’re not substitutes but tools for different jobs. He explains how A-REITs work (structures, stapled securities, payout rules, typical 30–40% gearing) and why their liquidity and ~5% income appeal can be offset by equity-like volatility and index concentration (think one or two giants driving returns). He contrasts this with direct residential property: full control, the ability to gear up to 100%, negative-gearing benefits while working, lower observed volatility, and returns dominated by capital growth, making it a more potent long-term wealth builder when you buy true investment-grade assets. Stuart compares long-run numbers: REITs ~6–8% p.a. with higher year-to-year swings versus quality residential property targeting ~8%+ with smarter selection and sensible leverage. He then reframes their roles: REITs can be an income sleeve (especially when rates are low), while direct property is fundamentally a growth engine. In the listener Q&A, Stuart clarifies tax treatment for “informal trust” share portfolios for minors who are taxed on income, the pitfalls of penal child tax rates, and what actually triggers CGT when transferring to an adult at 18 cutting through conflicting internet guidance so parents don’t make costly ownership-structure mistakes. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this Q&A episode, Stuart tackles a wide mix of real-world scenarios that highlight a consistent theme: asset quality and long-term strategy matter far more than short-term market noise. We start with a listener holding an underperforming one-bedroom apartment and work through why some assets simply never recover, regardless of broader market conditions. From there, we explore whether trading two good properties for a single premium home makes sense, and why “levelling up” often outperforms spreading capital thinly. Stuart also digs into the trap of using precious borrowing capacity on mediocre assets (including a candid warning about Geelong’s Corio), the risks of delaying a future move to Melbourne or Sydney, and how to make high-stakes decisions when the path is unclear. Questions from younger investors round out the episode, including whether to buy early or wait for a better asset, plus a deeper discussion about gearing into shares versus property and super strategy for a couple approaching retirement. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart tackles the perennial question: should you fix your mortgage rate—if not now, when? He reframes “normal” using the RBA’s neutral rate (roughly 3–3.5%) and shows why today’s home loan ranges of ~5–6% (P&I) and ~5.5–6.5% (IO) are sustainable. Drawing on three decades of data, he explains why fixing has left borrowers worse off about two-thirds of the time, and why flexibility (offsets, extra repayments, refinancing, equity access) usually beats chasing a small rate win. He outlines the two defensible reasons to fix when a deal is clearly in your favour (think 2021-style anomalies) and when cash-flow protection matters more than optimisation, and why “right now” doesn’t meet that bar. In the Q&A, Stuart helps “Sam” frame a conversation with his dad about super “inheritance tax” on benefits to non-dependants, covering death-benefit tax, nominations, liquidity, and practical ways to reduce the taxable component over time. He then maps a blueprint for Lauren, who’s inheriting $3 million: building a safety bucket, buying a live-in home near Melbourne, and deploying the remainder via low-cost, rules-based investing and smart ownership structures to target ~$100k p.a. income. A grounded, evidence-first guide to rates, risk, and real-world decisions. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this Q&A, Stuart tackles six real-world dilemmas listeners are wrestling with. He opens with superannuation, weighing Hostplus High Growth vs Indexed High Growth and why fees (0.80% vs 0.04%) and an evidence-based tilt often beat glossy promises. For a Brisbane surgeon in training, he maps a “maximum optionality” plan, prioritising cash buffers, offsets, and low-friction, rules-based ETFs while big life variables (city, role, renovation) settle. He then explores whether to buy an “investment” today that could double as a child’s first home tomorrow, and what happens when lifestyle aims conflict with investment-grade selection before unpacking Australia’s size-over-location bias, and if central townhouses may win as cities densify. On “how much is enough?”, Stuart builds a spending-led framework (run-rate needs, sequencing risk, liquidity, giving goals) for a high-spend, asset-rich couple navigating trust/super complexity. He closes with a playbook for 22-year-old beginners: first-home schemes vs waiting, when a broker helps, and simple starting moves, emergency fund, automated DCA, smart super contributions, and only adding property when the numbers and borrowing power say “go.” Clear principles, practical next steps. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode of Investopoly , Stuart unpacks why relying solely on property sales data, no matter how comprehensive, can lead investors astray. While compound annual growth rate (CAGR) calculations are useful, Stuart explains that interpreting them without context can result in serious misjudgements. He walks through the three core attributes of investment-grade property and focuses on why “runs on the board” must be considered alongside timing, capital improvements, zoning, and local knowledge. Using examples like one-off market shocks, changes to planning overlays, and shifts in buyer sentiment (e.g., towards unrenovated homes), Stuart demonstrates how seemingly strong sales data can be misleading. He also highlights how gentrification, new infrastructure, or school zoning can skew growth trends. Importantly, he emphasises that statistical reliability demands a large enough sample size, 30 to 50 sales minimum, to make meaningful conclusions. But even then, nuances like floorplan flaws or privacy issues can’t be captured in spreadsheets. Stuart’s key message: combine detailed historical data with a buyer’s agent who knows the area inside out. Without deep, local insight, investors risk overpaying or underperforming. If you’re buying, reviewing your portfolio, or relying on sales data to guide your decisions, this episode is essential listening. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this episode of Investopoly , Stuart dives into a diverse and thoughtful mix of listener questions, spanning early-stage investing to high-net-worth wealth structuring. He compares Hostplus High Growth vs Indexed High Growth super options, unpacking whether the significantly higher fees are worth it. Stuart also offers strategic guidance to a young couple earning modest incomes but saving aggressively, weighing up whether it’s the right time to jump into property via the First Home Buyer Scheme or stay the course with index fund investing. For a surgeon-in-training, Stuart breaks down whether to hold or sell two appreciating Queensland properties to position for a future $3–4M family home. He also explores the emotional and strategic factors in choosing an investment property that might double as a home for adult children decades from now, and shares insights into Australia’s unique preference for space over proximity in housing. Finally, Stuart addresses a complex, high-asset retirement scenario—exploring "how much is enough" when spending $450K per year with significant assets in super, a family trust, and a Div 7A loan. Whether you’re just getting started or deep into retirement planning, this episode is packed with practical frameworks and nuanced perspectives for building wealth at every stage. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this week’s episode, Campbell tackles a variety of complex and timely superannuation and wealth-building questions, starting with the government’s revised $3 million super cap, also known as Division 296. He breaks down what’s changed, what’s stayed the same, and why the new rules are far more balanced than the initial proposal. Campbell also explores what high-balance super fund holders should consider, especially those with illiquid assets, such as property. Listeners also asked about tough decisions around when to stretch for a principal place of residence, whether to sell shares or an investment property to fund a forever home, and how to balance flexibility with long-term security. On the topic of structures, Campbell clarifies the strategic differences between using a family trust vs a company for share investing, whether the same trust can be used for a business, and how corporate beneficiaries fit into the picture. Whether you’re navigating changing super tax laws, planning a major home purchase, or managing wealth through trusts and structures, this episode is packed with clarity, insight, and practical advice to help you make smarter long-term decisions. Tune in to get the full breakdown and stay ahead of the curve. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this week’s Q&A episode of Investopoly , Stuart tackles a wide range of insightful listener questions. Julianne kicks things off by asking for Stuart’s thoughts on the Canberra property market. Shelly seeks guidance on whether to subdivide and sell land to pay down debt or wait until retirement to reduce capital gains tax. Bay raises the question of when (or whether) it makes sense to shift from low-cost index investing to more actively managed super options, especially with international shares at record highs. Stuart shares his perspective on cost vs. value when managing larger balances in superannuation. Alex, a loyal listener, asks whether the priority should be upgrading to a forever home, investing in shares, or securing an investment property first, given income constraints and private school costs. Gavin, rebuilding after a divorce, seeks advice on how to prioritise debt reduction, property consolidation, and retirement goals. Kieran explores three creative options for upgrading his family home using equity and offset accounts. Finally, Andrew asks whether Stuart has recommendations for one-off financial advice, especially for those not ready for ongoing advice. This episode is packed with practical tips and long-term strategy thinking for listeners navigating real-life financial decisions. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart unpacks why PAYG employees need to approach tax planning differently and why the system is stacked against them. While company owners and investors enjoy structural advantages and deductions, employees often face limited options. Stuart explains why the two main ways for PAYG earners to reduce tax—super contributions and borrowing to invest should be used as part of a long-term wealth strategy, not short-term tax minimisation. He also explores more powerful opportunities: maximising the $2 million Transfer Balance Cap in super, using the main residence CGT exemption strategically, and investing via smart structures like family trusts. The second half of the episode is a Q&A where Stuart responds to listener questions about selling a high-growth property and reallocating to ETFs or super, when to use debt recycling, whether to invest surplus cash into shares or offset accounts, and how to plan for future renovations and cash flow. Whether you’re trying to make smarter tax decisions or wondering where to allocate your next $100K, Stuart’s advice focuses on managing tax across your lifetime, not just this year. If you’re a PAYG earner looking to build wealth more efficiently, this episode is packed with clarity and strategy. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

>> Register here to join the session. << In this Q&A episode, Stuart tackles a wide range of strategic questions from listeners navigating big financial decisions. Alex (pseudonym Ace) asks whether it’s smarter to upgrade to a forever home now, invest in shares and super, or pursue an investment property first. Stuart explains why securing your long-term home earlier often pays off. Gavin, recently divorced, wants to know how best to prioritise home upgrades, property consolidation, and super with limited income and family demands. Kieran outlines three ways to fund a new home using equity, cross-collateralisation, or selling. Stuart weighs in on the pros, risks, and tax implications of each option. An avid listener aiming to retire early asks whether managing $900K via a company structure is optimal or if there are better strategies given his and his wife’s high incomes. Across these cases, Stuart highlights the importance of ownership structure, long-term planning, and aligning financial moves with lifestyle goals, especially around super, family planning, and tax strategy. Whether you're early in your investing journey or already managing millions, this episode delivers practical, thoughtful advice on how to make smart, forward-thinking decisions across property, super, and investment strategy. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart explains why property investors need to be cautious when relying on the last five years of price data. He outlines how this period has been shaped by a series of unique, disruptive events: surging construction costs, extreme interest rate movements, volatile migration patterns, and the rise of working from home. While these factors have significantly impacted prices, they don’t reflect long-term fundamentals and may not be repeated. Stuart explores how elevated construction costs have distorted growth in certain markets, particularly where building value outweighs land value. He also explains how changing borrowing capacity and RBA interventions have shifted investor behaviour and redirected capital to more affordable regions, trends that may not be permanent. With overseas migration and remote work patterns still evolving, Stuart argues that recent market movements are not a reliable indicator of future performance. He also warns against the explosion of data-driven buyers’ agents who lean heavily on short-term trends, questioning the quality and applicability of much of the property data being used. For investors looking to make smart, evidence-based decisions, Stuart makes the case for focusing on 20+ years of data and understanding the fundamentals that truly drive long-term growth. A timely, clear-eyed episode. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this episode, Campbell addresses a wide range of thoughtful listener questions covering retirement planning, property strategy, superannuation structuring, and the real cost of working with brokers. “Fred” runs through a detailed retirement plan with over $5M in super, trust, and cash assets and seeks a sanity check on his 3.25% spending rate and family gifting strategy. Campbell provides perspective on sequence risk, cash buffers, and longevity planning. Kayt asks whether using a financial advisor is worth the cost compared to a low-fee Vanguard income stream and raises concerns around fees and trust. Campbell explores the pros, cons, and value of advice. Dan challenges whether mortgage brokers truly offer better value than DIY research, especially for borrowers with simple needs. Campbell explains when brokers add value and the industry incentives shaping their recommendations. Lyn asks how to execute the recontribution strategy across pension accounts, while Paul raises a practical question about simple family trust arrangements. Finally, Brad, a developer, wonders whether investor resales currently priced below replacement cost offer an opportunity or are a value trap. Whether you're planning a long retirement, rethinking property strategy, or weighing adviser fees, this episode delivers clear, balanced answers to help you make more confident financial decisions. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart unpacks what it really means to construct an evidence-based investment portfolio and why portfolio construction is arguably the most important decision an investor can make. He explains how diversification across shares and property helps smooth returns, not because it eliminates volatility, but because it helps investors stay the course and adapt to life’s inevitable curveballs. Stuart takes a deep dive into factor-based investing, highlighting the importance of selecting investment strategies grounded in fundamentals like Value and Quality, while being wary of overhyped strategies such as Momentum, which often falter when trading costs and taxes are factored in. He discusses how to build an "all-weather" share portfolio, the importance of starting valuations, and the role listed property and infrastructure can play in balancing growth and defensiveness. He also explores the role of liquidity, why he remains cautious about unlisted investments, and how residential property, with its low correlation to shares, can enhance diversification. Finally, Stuart outlines his preferred approach to asset allocation, blending direct property and diversified shares using rules-based strategies, all while staying agnostic to asset class labels and focusing purely on what best serves long-term financial goals. A must-listen for serious investors looking to sharpen their portfolio strategy. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this episode, Stuart answers a wide range of listener questions on property strategy, superannuation, and capital gains tax, each offering a unique perspective on wealth management across different life stages. Jim and his wife are considering whether to upgrade their home now, invest in ETFs, or continue expanding their portfolio through a trust structure. Stuart weighs the options and long-term implications of each. Kayt asks whether a low-fee option like a Vanguard retirement product is a better choice than working with a financial adviser, prompting a discussion on the value (and cost) of advice in retirement. Andrew raises questions about potential changes to the CGT discount and negative gearing rules, asking whether indexation or rising yields could offset these changes. Stuart also reviews Andrew’s calculations around CGT savings when selling assets with no other income. Penny considers moving investment properties out of her SMSF to a family trust to manage exposure to the proposed $3 million super tax and unrealised gains regime. Stuart unpacks the trade-offs, including CGT and stamp duty. Whether you're starting to build wealth or managing a significant portfolio in retirement, this episode delivers clear, grounded insights to help you navigate policy changes and strategic decisions with confidence. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart takes a deep dive into momentum investing, what it is, how it works in theory, and whether it holds up in practice when applied to shares and property. Momentum is a factor strategy that involves buying assets that have performed strongly over the past 6–12 months. While it sounds compelling, Stuart explains why real-world results often fall short due to high trading costs, tax drag, and dilution when trying to reduce turnover. He also shares why the most popular momentum ETFs have consistently underperformed broad market indexes over time, despite short-term outperformance. Shifting to property, Stuart questions whether momentum has any place in property investing, especially when social media is filled with spruikers showcasing booming suburbs and recent wins. He explains why transaction costs, timing risks, and the long lead times in property make momentum strategies largely ineffective, and why long-term capital growth, underpinned by strong fundamentals, remains the key to building wealth through real estate. Whether you're intrigued by share market factors or wondering when to jump into the property cycle, this episode unpacks the myths of momentum investing and reminds you that successful investing is about strategy, not chasing yesterday’s winners. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this episode, Stuart tackles one of the most frequently asked investing questions: property vs. shares, but through a sharper lens: how leverage, gearing levels, and borrowing constraints impact the comparison. Sam asks at what point property stops outperforming shares if you can't borrow 100% of the purchase price. Stuart explains the inflection points and when ETFs might offer a better return for your capital. Bob, planning for retirement abroad, outlines a sophisticated strategy involving property sales, prepaying interest, super catch-up contributions, and CGT exemptions using the 6-year rule. Stuart dissects the layers of complexity and tax implications. Vanessa considers selling a 1-bed unit that’s underperforming to boost super contributions and weighs the pros and cons of holding vs. exiting. Julia, with a substantial share portfolio and large cash reserves, is re-evaluating her DCA strategy due to potential burnout and health concerns. Stuart offers guidance on cash deployment and balancing liquidity with long-term planning. Finally, Steve shares several options for managing two trust-held units and $170K in savings, including paying down debt, expanding the portfolio, or diversifying into ETFs. Stuart helps him weigh risk, return, and timing. This episode is packed with practical insights for anyone fine-tuning their next move. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this data-driven episode, Stuart explores what really predicts property price movements, beyond the headlines about population growth. Using lending volume data across major Australian cities, Stuart shows why borrowing activity is one of the most reliable indicators of short-term property price trends. He compares trends in Sydney, Melbourne, Brisbane, Adelaide, and Perth, highlighting how lending volumes often correlate far more strongly with price growth than population alone. Stuart also examines investor participation across the states, noting that Melbourne and Perth may offer compelling opportunities based on current lending patterns and market dynamics. He then answers a listener's question from Steve, who is managing two investment properties in a trust for his daughters and is considering the best way to use $170K in savings. Should he pay down debt, buy a third property, or invest in ETFs for long-term diversification? Stuart discusses the pros and cons of each path, balancing risk tolerance, timing, and goals. Whether you're watching the market closely or managing a multi-property portfolio, this episode unpacks how lending drives price cycles and offers practical frameworks to help you decide what to do next. A must-listen for property investors looking for clarity and a smarter edge. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this packed Q&A episode, Stuart answers listener questions from all stages of life and wealth, covering everything from young families building momentum to seasoned investors managing multi-million-dollar portfolios. Amit asks whether to sell a newly built property in Beveridge and reinvest closer to Melbourne, like Frankston, for long-term compounding, and weighs up whether to redevelop or sell his current home before buying into a better school zone. Ron from Brisbane wants to know if he and his wife can retire early by splitting time between Manila and Australia, and whether they should prioritise debt reduction, super contributions, or property investment. Zach, a new dad in his 30s, asks where to focus over the next decade: offset savings, shares, or prepping for property, especially with a trading trust in the mix. Blair shares his proposed ETF allocation inside his SMSF and seeks Stuart’s thoughts on tilting toward value and emerging markets. Anthony, a high-end developer with a strong property portfolio, questions whether to prioritise super contributions now or allow compounding to work its magic with his standout A-grade asset. As always, Stuart offers grounded, evidence-based insights that help each listener weigh lifestyle, tax, and long-term goals. A must-listen for clarity at any stage of your financial journey. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart examines whether being a wholesale investor truly unlocks better investment opportunities or is merely a more sophisticated marketing pitch. He explains what qualifies someone as a wholesale investor under Australian law, what protections are lost when switching from retail, and whether exclusive access to private equity, hedge funds, and unlisted property trusts is truly worth the trade-off. Stuart also breaks down the core risks of wholesale investments, like illiquidity, high fees, and lack of transparency. Why he believes these options should remain on the edges of a portfolio, not at the core. Stuart also answers a follow-up question from Blair about ETF selection in an SMSF. Blair shares his proposed allocation of VAS, VGS, VGE, and VVLU, designed to balance value exposure, emerging markets, and reduced reliance on expensive US growth stocks. Stuart offers a perspective on how to think about ETF construction in a core-satellite portfolio and the role diversification plays over a 20-year investment horizon. This episode is essential listening for anyone wondering if “exclusive” really means “better” in the investment world, and how to stay grounded in a disciplined, evidence-based approach that prioritises simplicity, cost-efficiency, and long-term compounding. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this Q&A-packed episode, Stuart tackles a broad range of listener questions covering everything from starting in your 30s to optimising a $5 million property portfolio. Zach, a new parent with a $1M home and solid income, asks what to focus on over the next 5–10 years and whether topping up the offset or investing in shares makes more sense. Stuart also addresses whether Zach's discretionary trust setup is a smart long-term move. Rob asks about private banking services, what they offer, and when they’re worth it. Michael (pseudonym) walks through his detailed $5.3M property portfolio and plans to consolidate into commercial assets, asking if it’s the best way to maximise income while preserving lifestyle and flexibility. Lucy wants guidance on timing the sale of investment properties to maximise superannuation and whether their family trust is the right vehicle for ETF investments. Blair revisits ETF portfolio structure and seeks feedback on a value-tilted SMSF strategy. Courtney and her partner, with kids on the horizon, ask where to direct their growing surplus. Finally, Stuart answers the timeless question: “If you had to start again at 18, what would you do?” This episode is packed with timeless insights for every life stage and wealth level. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Campbell Wallace tackles one of the most overlooked yet significant taxes in retirement planning: the 17% superannuation death benefit tax. While Australia doesn’t have a formal inheritance tax, this “sneaky tax” can quietly strip hundreds of thousands from your estate if left unmanaged, particularly when adult children inherit super balances with large taxable components. Campbell explains why this tax exists, who it applies to, and how to work around it using smarter strategies. He breaks down the traditional recontribution approach and explains why it often falls short. More importantly, he introduces a smarter alternative, using two super accounts to isolate taxable and tax-free components. This technique can reduce, or even eliminate, the death benefit tax in under a decade, saving families significant sums. Campbell also covers real-life examples, contribution caps, expected returns, and the modest costs involved compared to the tax savings. Listeners will also learn the importance of reversionary pensions, binding death benefit nominations, and integrating estate planning structures like testamentary trusts. If you’re nearing retirement or want to ensure your super passes to your family, not the ATO, this episode is a must-listen, packed with practical strategies and long-term benefits. A little planning now can go a very long way. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this Q&A episode, Stuart answers a range of insightful listener questions on wealth-building strategies through property, ETFs, and superannuation. Burt asks if he’s on track to retire by age 60, despite limited borrowing capacity and tight cash flow. Stuart unpacks the numbers and suggests possible next steps to gain traction. Blair, seeking to build a well-structured ETF portfolio inside an SMSF, asks how to balance growth, value, and emerging market exposure, and whether holding 6 ETFs is too much. Stuart walks through how he would personally approach portfolio construction in that context. Bryan writes in on behalf of his 18-year-old daughter, asking what Stuart would do differently if starting his investing journey again, from school leaver to retirement. Stuart offers timeless guidance, including tips on whether to pay off HECS early or focus on saving for a home. Lastly, Raj weighs up a $1.2M investment-grade property versus allocating the same monthly cash flow to a long-term ETF portfolio. Stuart breaks down the trade-offs, highlighting tax efficiency, flexibility, and psychological considerations that go beyond the spreadsheet. This episode is packed with practical, values-aligned advice for investors at every life stage looking to optimise their strategy. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart introduces a powerful framework for property investors: Return on Borrowing Capacity (RoBC). With borrowing capacity often being a limited and scarce resource, Stuart explains why it’s critical to allocate it where it delivers the greatest after-tax, long-term wealth outcomes. He unpacks the concept by comparing different investment properties with identical total returns but varying mixes of income and capital growth, demonstrating how the wrong choice can halve your wealth creation over 30 years. Stuart discusses why investors should treat borrowing capacity like capital; it must be deployed strategically, not just conveniently. He explores the trade-offs between high-yield and high-growth assets, the real impact of rental income on borrowing limits, and why relying solely on positive cash flow can be a trap if it hinders your ability to grow wealth elsewhere. The episode also covers scenarios where reallocating borrowing capacity by selling underperforming assets can unlock better long-term outcomes. Finally, Stuart reminds listeners that while a spreadsheet can model returns, wise portfolio decisions must also account for opportunity cost, tax, and quality. Whether you’re just starting out or rebalancing your portfolio, this episode will sharpen how you think about borrowing and investing for long-term success. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In this episode, Stuart addresses a wide range of thoughtful listener questions, focusing on managing risk, balancing lifestyle with long-term wealth, and making informed property and investment decisions. Andrew asks whether it’s necessary to chase every spreadsheet-optimised return when he and his partner already have "enough," prompting Stuart to explore hybrid strategies that protect cash flow while still building wealth, especially when children are on the horizon. Sam raises concerns about satisfying the NSW First Home Buyer residency requirements and how failing to update the electoral roll could impact both stamp duty exemptions and CGT outcomes. Glenn and his wife are navigating a major family home renovation and weighing whether to release equity or sell one of their investment properties to fund the shortfall. Stuart shares insights on preserving long-term flexibility while reducing financial pressure. Adamo considers whether to keep or sell his Adelaide investment property to afford a better home in Sydney’s Inner West—Stuart dives into the numbers and strategic logic. With questions on tax timing, CGT rules, and capital allocation from young first-home buyers to financially secure professionals, this episode offers clear, values-aligned guidance to help listeners build wealth without compromising lifestyle or peace of mind. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read Full Blog Here In this episode, Stuart delves into the practical benefits and strategic importance of including a testamentary trust in your will. He explains how testamentary trusts offer powerful advantages in terms of tax efficiency, asset protection, and long-term flexibility, especially for families with minor children or complex financial situations. Stuart breaks down why income distributed to minors from a testamentary trust qualifies for adult tax rates, how these trusts can shield inheritances from relationship breakdowns or poor financial decisions, and why quarantining estate capital helps preserve tax concessions. He also explores real-life scenarios where testamentary trusts can be useful, such as supporting at-risk beneficiaries, funding intergenerational education, or managing inheritance within large families. Stuart discusses structuring loans from the trust to beneficiaries, how to handle control of trusts and companies in estate planning, and the importance of aligning your superannuation nominations with your broader inheritance strategy. For those curious about superannuation death benefit taxes, Stuart previews Campbell Wallace’s upcoming podcast and blog that will explore how to reduce or avoid the so-called “super inheritance tax.” Whether you’re updating your own will or helping your parents structure theirs, this episode is a must-listen for anyone aiming to build a thoughtful, tax-smart estate plan. Subscribe via www.investopoly.com.au/email Do you have a question? Email: [email protected] or for a faster response, post a comment on the episode's video over on YouTube: https://www.youtube.com/@investopolypodcast/podcasts If you're interested in working with my team and me , discover how we can work together here: https://prosolution.com.au/prospective-client/ If this episode resonated with you, please leave a rating on your favourite podcast platform. Subscribe to my weekly blog: https://www.prosolution.com.au/stay-connected/ Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog : https://prosolution.com.au/books/ DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/ IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.