She's On The Money
Ask Victoria Anything
Nov 5, 2024
Dive into a playful money game where Victoria tackles your trickiest financial queries! Explore real estate versus stock market investments and the need for binding agreements in relationships. Delve into the complexities of asset protection and dispel myths about stay-at-home parents. Get insights on multi-level marketing and smart business funding strategies. Plus, discover when it's right to hire a financial advisor. Reflect on past financial choices, humorous anecdotes, and valuable lessons learned!
39:03
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Quick takeaways
- Investing requires aligning decisions with personal values and long-term commitments, considering the flexibility and potential returns of various assets.
- Discussing financial agreements before marriage fosters open communication and helps partners strategize asset division, ensuring fairness and protection for both.
Deep dives
Investing Choices: Property vs. Shares
When deciding how to invest a significant amount of savings, such as $100,000, it's essential to consider personal values and long-term commitments. Investing in property entails various fees and is less flexible, as it often ties one's funds to a specific asset. Conversely, the share market has historically higher returns, but it requires a genuine interest and passion in investing to sustain engagement. Ultimately, the decision should align with personal goals and values, acknowledging that a diversified portfolio over time may incorporate both asset classes.
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