Ask An Adviser: 3 Enduring Principles to Build Wealth - Charlie Viola | Viola Private Wealth

Video Description

Charlie Viola is the founder of Viola Private Wealth and is a regular at the top of the lists of Australia's best financial advisers. Today on the podcast, we wanted to unpack the process he walks through with every client at Viola Private Wealth. From understanding who the client is, to getting the right money in the right places, to making good long-term investing decisions, this episode was our effort to better understand Charlie's process so we could add to our own. If you'd like to chat to Charlie or another of our hand-picked financial advisers, fill out the form and we'll match you with an adviser that suits your needs - https://equitymates.com/advice 00:00 Intro 02:11 Three Principles of Wealth Building 02:40 1st Principle: Understanding Personal Circumstances 04:02 Why Housing Comes First 05:55 Self-Assessment Checklist 08:34 Rethinking Risk Tolerance 10:26 Viola Wealth's Measures for Success 12:36 2nd Principle: Getting Structuring Right 16:53 Buckets & Trusts 19:50 Paying Down Non-Deductible Debt 25:16 Super Strategy & Contributions 27:21 3rd Principle: Making Good Investment Decisions 31:10 Defining a Good Quality Investment at Viola Wealth 39:04 Charlie's Thoughts on Property as an Investment 42:12 How Charlie Approaches Rebalancing Portfolios 43:50 Wrap Up & Thanks ——— Get tickets to our live show in Sydney here: https://equitymates.com/events/ Melbourne is SOLD OUT - but a waiting list is available (in case of drop outs) Few tickets left for Sydney - so book in now, we’ll see you there! ——— Looking for some of our favourite research tools? • Download our free 4-step stock checklist (https://x40s1z0ymjt.typeform.com/4-StepChecklist) • Find company information on TIKR (https://www.tikr.com/?ref=equitymates) • Screen the market with GuruFocus (https://www.gurufocus.com/pricing?pmc=KRTPWMVXHJNQ425B&affid=f3dc7b49528d8c16479a604fa777b185) • Research reports from Good Research (https://goodresearch.com.au/ref/equitymates/) • Track your portfolio with Sharesight (https://www.sharesight.com/au/equitymates/) ——— Want to get involved? - Join our daily mailing list to stay up to date on all things in business and markets: https://equitymates.beehiiv.com/subscribe?ref=FKJsJ4smw9 - If you prefer to listen to the daily headlines you now can: (https://open.spotify.com/show/0LpEJNu2RPyPS7vwuAztip) | (https://podcasts.apple.com/us/podcast/headlines-by-equity-mates/id1793486918) - Have a question? Record a voice note (https://www.speakpipe.com/EquityMates) or send us a message on our website (https://equitymates.com/get-in-touch/) - Join the conversation in the Facebook Discussion Group https://www.facebook.com/groups/equitymates - Looking for professional financial advice? https://equitymates.com/advice/ - Check out our 2 bestselling books: https://equitymates.com/books/ - Instagram: https://www.instagram.com/equitymates/ - X: https://twitter.com/EquityMates - TikTok: https://www.tiktok.com/@equitymates - LinkedIn: https://www.linkedin.com/company/equity-mates/ ——— Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.