Australian Finance Podcast How I lost $1M by choosing shares over property
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Jun 18, 2025 A million-dollar mistake in the property market takes center stage as the speaker shares valuable lessons from their financial journey. They discuss the dangers of sticking solely with shares and the power of a diversified investment strategy. By combining property and shares, significant growth could have been achieved. Insights into financial planning, leveraging tools like debt recycling, and the pitfalls of dogmatic investment approaches make for a thought-provoking discussion. Listeners are encouraged to rethink their financial strategies and embrace a holistic toolkit for wealth-building.
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Missed $1 Million Property Opportunity
- Owen Rask missed buying a property worth about $300,000 on a dirt road back then in a now top-performing suburb.
- That property is worth over $1 million today, highlighting a costly investment opportunity missed early in his 20s.
Combine Property and Shares
- Use your property's equity to refinance and invest in shares for tax benefits and growth.
- Combine property and shares investing to supercharge your financial growth through debt recycling strategies.
False Dichotomy in Investing
- False investment dichotomies like 'property or shares' limit your potential.
- Using multiple investment tools together creates stronger financial strategies.
