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Get rich quick schemes, changing strategy & assuming every asset always goes up [Money Mistakes PART 2)

In this episode of The Australian Finance Podcast, Kate Campbell and Owen Rask tackle money mistakes, including get rick quick schemes and assuming every asset always goes up (it doesn't).

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About this episode

Have you invested in companies and products you don’t understand?

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Don’t worry; we’ve all been there!

Continuing on from Wednesday’s episode, Kate & Owen share another five money mistakes investors commonly make and how to avoid them. This includes:

👀 Assuming every asset always goes up (it doesn’t)

👀 Get rich quick schemes

👀 Giving in too soon or changing strategy in the short-term

Don’t forget to listen to Part 1 of our Money Mistakes here!

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At the time of publishing, the author of this article does not have a financial or commercial interest in any of the companies mentioned.

Information warning: The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

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