Ask Leon

Ask Leon

Ask Leon is where I answer your financial planning and money questions.

Check out our latest articles where I answer your questions or if I have not covered a topic you are interested in, be sure to ask a question from my form below.

This one thing could save you from financial ruin

How can you go from earning $150 million in 15 years, to being millions of dollars in debt? Quite easily it seems if you’re American actor Nicolas Cage, whose extravagant lifestyle and eccentric investments left his finances looking more like a horror story than a heroic Hollywood adventure.

This tax hack could boost your super before June 30

It’s that time of year again when everyone and their accountant start suggesting the best ways to supersize your tax return. Did you know, for instance, that extra payments towards your retirement nest egg can actually help send more cash your way now?

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Out of time

A few years ago I made the decision to pay someone to mow my lawn. To be honest, I never enjoyed doing it myself but as our family started to grow (from one child, then two, followed by a third) I had less and less time to spend.

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FOMO as an investment strategy

Fear of missing out (FOMO) can also be a fear of regret or missed opportunity – a fact I’ve been reminded of this summer with the continued rise of Bitcoin and other cryptocurrencies.

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The royal commission we had to have

The Federal Government will be opening the vault on banking practices across the country as part of a Royal Commission into the sector announced by Prime Minister Malcolm Turnbull last month.

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How many super funds do you have?

I’m guessing it’s more than one. Once upon a time, it wasn’t unusual for a person to stay in a job for life. These days, however, the story is not so simple.

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Why investing is (and isn’t) like the Melbourne Cup

For punters keen to put some wisdom behind their wagers, there’s always plenty of racing experts sharing their tips on the first Tuesday in November. When it comes to investing, I also have a stable of financial heavyweights whose words of advice I turn to time and again.

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The ABCs of ETFs

If you’ve recently taken an interest in making the most of your money, it can be overwhelming coming to grips with all the options available. The list of questions seems endless: how do I start investing? Should I invest in property or shares? How much do I need to invest?

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