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ETFs are "old fashioned crap", good sex in a bear market, "don't f--- it up" & 2 stocks to own for 20 years | 2 Sense with Owen Rask & Drew Meredith

Australian Investors Podcast

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The Importance of Leverage

I provide a pretty out-there advice to a client this week. Not out there in terms of inappropriate, I think it was a bit surprising. Maybe I was surprised when I said it too. A simple role of an advisor is to top you from making mistakes. And I look at his business, it's going incredibly well. It'll be able to be sold for a reasonable amount that'll be more than enough to retire on. He's reasonably paid off most debt sitting in an incredibly strong position.

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