In this Australian Finance Podcast episode, Owen Rask reveals a million-dollar mistake from early in his wealth-building journey. He explains:
– The opportunity he missed in the property market
– Why he stuck with shares and ignored other strategies
– How combining property and shares could have accelerated his financial growth
– A powerful lesson in using every tool at your disposal for long-term wealth
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Topics Covered
– The $1 million property mistake
– Shares vs property: a false choice?
– What is debt recycling and equity release?
– How to use property to supercharge investments
– The role of financial planning in building wealth
– Why dogma (shares only or property only) can be dangerous
– Lessons from missing the train on property
– Using loans strategically for tax efficiency
– Warren Buffett’s influence—and where it can go wrong
– Rethinking financial tools: use the whole toolkit