Q&A: I'm 15 and want to invest, retiring with $8,000 in Super & micro investing in ETFs
Feb 28, 2024
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Topics covered in this podcast include sticking to a budget, investing at a young age, retiring with $8,000 in Super, using leverage for shares or ETFs, and understanding financial planning fees. The hosts provide insights on various investment strategies, platforms for teen investing, and the importance of starting young to build good financial habits.
Starting investing early at a young age can set you up for future financial success.
Financial advisors offer customizable services with options for one-off advice and ongoing support.
Deep dives
Financial Independence Check-In
As we approach the end of Q1 2024, take a moment to check in on your New Year's resolutions or financial goals set earlier this year. Assess your progress and make strides towards achieving them before the end of March. Whether it's engaging a professional, reviewing your budget, or pursuing a personal health goal, ensure you're moving towards your desired outcomes.
Flexible Financial Planning
Traditional financial planning often involves a one-off cost for initial advice and implementation, followed by ongoing fees for continued support. At Everest Wealth, there's flexibility in this approach. Clients have the option to receive one-off advice and implementation without the need for ongoing commitments. This tailored approach allows for customization based on individual needs and preferences.
Access to Exclusive Financial Products
Financial advisors have access to a range of investment products and tools, including platforms that cater to client needs. When making ongoing commitments, specific products accessible only to advisors may be utilized for enhanced investment strategies. Clients can benefit from these exclusive options based on their ongoing financial advisory relationships.
Engaging With Financial Goals
For those who sent in questions or plan to in the future, reach out to Rask to claim a free course of your choice, whether it's free or premium. Your participation in the podcast's Q&A sessions entitles you to choose any course available on Rask Education's platform as a token of our appreciation for your engaging questions and contributions to the discussions.
Owen Rask, founder of The Rask Group, is joined by financial adviser AlexLuck to answer your financial planning questions on The Australian Finance Podcast.
Topics covered:
Why can I never stick to a budget
I'm 15 and want to invest
Retiring with $8,000 in Super
Using leverage to buy shares or ETFs
Financial planning fees explained
📚 Enjoyed this episode? You'll love Kate's book, Buying Happiness, which you can order on Amazon: https://bit.ly/kate-amazon
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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.