Australian Property Podcast

How I lost $1M by choosing shares over property

Jul 22, 2025
Discover a cautionary tale of missed opportunities in wealth-building. The host shares a striking $1 million mistake tied to an overzealous focus on shares, neglecting the power of property investment. Learn how combining real estate and equities could have accelerated financial growth. Explore the dangers of dogmatic investment beliefs and the importance of a diversified strategy. Plus, find out how strategic use of loans can enhance tax efficiency and the role of effective financial planning in long-term success.
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ANECDOTE

Missed Million-Dollar Property Purchase

  • Owen Rask missed buying a dilapidated property that later soared in value near a train line and good schools.
  • He stuck with shares due to influence from investors like Warren Buffett, missing out on major property gains.
ADVICE

Combine Property and Shares Strategically

  • Use a property as collateral to redraw funds for share investments, creating tax-deductible investment loans.
  • Combining property and shares via equity release or debt recycling can enhance long-term wealth growth.
INSIGHT

Avoid False Investment Choices

  • The false choice between property and shares limits wealth-building opportunities.
  • Embracing multiple investment types and tools is vital for customizing financial strategies.
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