6 financial myths Kate & Owen want to bust

Published: April 28, 2022, 9 p.m.

b"In the world of money and finance, things can seem pretty murky at the best of times. This is one of the reasons Owen and Kate started The Australian Finance Podcast many years ago. Why should Australians be held back from taking the reins of their financial future, just because the gatekeepers like it that way?\\n\\nThankfully, consumers are pretty savvy these days and know that if they put in the work, they can figure a lot of the basics out in all areas of their lives.\\n\\nThat\\u2019s not to discount the experts like financial advisers and accountants, but it\\u2019s about knowing enough to sense check claims, double check solutions and make sure you\\u2019re working towards your own financial goals and no one else's.\\n\\nBut there\\u2019s a few financial myths that have managed to stick around like a bad smell, which we want to unpack with you in today\\u2019s episode.\\n\\nEpisode transcript now available via the show notes page.\\n\\nTake one of our amazing money & investing courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community.\\n\\nIf you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts or Spotify - it\\u2019s a 5 second task which really helps support the show (and puts a big smile on our faces).\\n\\nFull individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.\\n\\n|| We're proudly supported by ETF Securities ||\\n\\nLearn more about the growing range of leading ETFs, on the ETF Securities website: https://bit.ly/fundsETFS |\\n\\n|| Have you heard of Pearler: Our proud NEW sponsor! || \\nWe're proudly supported by Pearler, the broker for long-term investors.\\nSign-up to Pearler using the code \\u201cRASK\\u201d for $10 of Pearler Credit: https://bit.ly/Pearler | \\n\\n|| Want to InvestSMART? || \\n\\nBoost your investment potential, with FundLater\\nWith InvestSMART's Fundlater, you can start a $10,000 investment portfolio, with only $4,000 upfront. Find out how: https://www.rask.com.au/inv-fundlater/ | \\n\\nInvesting Made Simple\\nThanks to InvestSMART's ready-made ETF portfolios, you can start investing now in a portfolio managed by experts. Not only that, you can invest confidently knowing your investment fees are capped. Learn more: https://www.rask.com.au/inv-pma | \\n\\n\\nDISCLAIMER: 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\\u2019re 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.\\n\\nAccess The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg\\n\\nDate recorded: April 18 2022\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"