SugarMamma’s Fireplay Dangers of Online Advice - the fragmented fraction that could havoc & regret
There is so much great and valuable information available online, for free, when it comes to your financial wellbeing. However it is so important that you always have your eyes wide open and understand nothing is ever personal advice, but simply a possible place for you to start your own research into. You may see someones portfolio or read about someones financial strategy...it looks and sounds great..amazing even. However you may not know that person actually has a time frame of 20 years to invest so they don't worry about market volatility. You may not know that person has no personal debt so they can afford to buy/save/invest/retire like this. You may not know that person has 5 other passive income streams to rely on, which is why they can afford to take certain high risks on. You only see a faction of an idea, which without the full picture is seriously fragmented and could cause you great regret if you take it as personal advice. After listening to this, I hope that what you see online around personal finances, you can look at with a wiser sense of perspective.
@SugarMammaTV – Money, budgeting, cashflow, motivation
@CannaCampbellofficial – lifestyle, capsule wardrobe fashion, motherhood
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ADDITIONAL GENERAL ADVICE WARNING:
Whilst we discuss various financial topics, this podcast is not advice in anyway, but purely for educational purposes only. Nothing in this podcast is personal advice, investment advice or product advice. With any major financial decision, you must always do your own research, consider all the pros and cons, fees, caps, limits, costs, taxes etc. Always proactively educate yourself before making any major financial decision, consider your own financial goals, deadlines and risk profile. So please bear all of this in mind when listening to this podcast and please always speak to a Financial Planner when wondering what you should do to achieve your own financial goals and dreams.
GENERAL ADVICE WARNING & FINANCIAL PLANNING LICENSE DETAILS:
The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product.
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