Are you a wage slave?
Do you WORK for money? (yawn)
Do you also think Crypto is an investment?
Is your investment strategy “buy low, sell high”?
In this live weekly Q&A episode of the Australian Finance Podcast, Owen Rask and Gemma Mitchell break down your questions and pull apart 9 money and investing myths people tell you all the time.
From “buy low, sell high” and “cash is king” to “rent money is dead money” and “you should always pay off your mortgage before investing”, we’ll break down what these sayings actually mean, where they fall short and what you should be thinking about instead.
What we cover in today’s money episode:
- Money Advice We Hear All the Time: The common financial sayings and rules that sound sensible at first glance.
- What’s Actually Wrong With It?: We unpack why some popular money advice can be misleading, incomplete or just plain unhelpful.
- Is There Some Truth To It?: Because most money sayings aren’t completely wrong. We look at the useful principle hiding underneath the cliché.
- What Should You Actually Do?: Practical, sensible alternatives you can apply to your own financial decisions.
- Investing, Property, Debt & Spending: Tackling advice around buying the dip, market timing, mortgages, renting, property, debt and building wealth.
- Live Community Q&A: Answering your pre-sent and live chat questions on money, investing and personal finance.
