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Australian Finance Podcast
Dumb Things We've Done With Money: buying NFTs, trading stocks & more
Jun 17, 2024
Financial author and expert Kate Campbell joins the hosts to discuss dumb money mistakes, including NFT ventures and high-risk investments. They emphasize the importance of learning from past mistakes, avoiding risky investments, and focusing on long-term financial stability. Listeners are encouraged to share their money mistakes in the Rask community and participate in free money and investing courses offered by Rask Education.
36:29
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Quick takeaways
- Making money mistakes is normal and humanizing, so learn from experiences and set clear financial goals.
- Starting early on your financial journey has a significant impact on long-term financial security and wealth accumulation.
Deep dives
Benefits of Using Debt in Investing
Using debt in investing, known as gearing, provides a strategic advantage for property investors over other asset classes. The Beadershares Wealth Builder Funds offer moderate gearing for investors willing to accept higher risks, amplifying gains and losses. Exploring these funds can help investors diversify their portfolios and potentially enhance returns in the Australian and global shares markets.
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Listen to the best highlights from the podcasts you love and dive into the full episode