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IN THE BALANCE: Why risk is the missing piece in your financial strategy

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Manage episode 496055993 series 1714499
Content provided by Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of In the Balance, host Phil Tarrant is joined by long-time accountant and trusted adviser, Munzurul Khan, from KHI Partners to unpack the crucial, but often overlooked, role of risk management in wealth creation.

With a professional relationship spanning more than a decade, Phil and Munzurul explore how trust, discretion, and a deep understanding of personal goals underpin financial decision-making.

Munzurul shares how managing risk isn’t about avoiding it altogether, but about understanding your profile, building robust structures, and making informed, pragmatic decisions. He highlights the importance of staying ahead of compliance obligations, and leaning on trusted advisers, particularly accountants, to orchestrate a cohesive financial strategy.

From navigating ATO audits and structuring property investments, to ensuring cash flow, interest deductibility, and appropriate insurance cover, this episode offers a practical masterclass in risk mitigation for investors.

Phil and Munzurul then discuss the power of curiosity and adaptability in today’s changing economic climate, and why strategic patience is key to staying the course.

  continue reading

1398 episodes

Artwork
iconShare
 
Manage episode 496055993 series 1714499
Content provided by Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of In the Balance, host Phil Tarrant is joined by long-time accountant and trusted adviser, Munzurul Khan, from KHI Partners to unpack the crucial, but often overlooked, role of risk management in wealth creation.

With a professional relationship spanning more than a decade, Phil and Munzurul explore how trust, discretion, and a deep understanding of personal goals underpin financial decision-making.

Munzurul shares how managing risk isn’t about avoiding it altogether, but about understanding your profile, building robust structures, and making informed, pragmatic decisions. He highlights the importance of staying ahead of compliance obligations, and leaning on trusted advisers, particularly accountants, to orchestrate a cohesive financial strategy.

From navigating ATO audits and structuring property investments, to ensuring cash flow, interest deductibility, and appropriate insurance cover, this episode offers a practical masterclass in risk mitigation for investors.

Phil and Munzurul then discuss the power of curiosity and adaptability in today’s changing economic climate, and why strategic patience is key to staying the course.

  continue reading

1398 episodes

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