The Meaningful Money Personal Finance Podcast
Big Ideas: Businesses and Bricks
Jan 24, 2024
In this podcast, the hosts introduce the new season and discuss timeless truths in personal finance. They delve into the proven asset classes of shares and property, highlighting the benefits of owning shares and the advantages and disadvantages of investing in them. They also explore the importance of building wealth and investment objectives, the complexities of holding property in a limited company, and the value of seeking tax advice. Lastly, they emphasize the importance of navigating tax breaks and regulations and the accessibility of investing in businesses and properties.
51:59
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Quick takeaways
- Establish clear investment objectives to guide your decision-making process.
- Utilize tax wrappers like ISAs and pensions to take advantage of tax benefits and compound growth.
Deep dives
The importance of determining investment objectives
When investing, it is crucial to establish your objectives, such as saving for retirement, building wealth, or generating income.
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