Sounds like good money advice... But is it?

Are you a wage slave? Do you WORK for money? (yawn) Do you also think Crypto is an investment? Is your investment strategy "buy low, sell high"? In this live weekly Q&A episode of The Australian Finance Podcast, Owen Rask and Gemma Mitchell break down your questions and pull apart 9 money and investing myths people tell you all the time. From "buy low, sell high" and "cash is king" to "rent money is dead money" and "you should always pay off your mortgage before investing", we'll break down what these sayings actually mean, where they fall short and what you should be thinking about instead. What we cover in today's money episode: - Money Advice We Hear All the Time: The common financial sayings and rules that sound sensible at first glance. - What's Actually Wrong With It?: We unpack why some popular money advice can be misleading, incomplete or just plain unhelpful. - Is There Some Truth To It?: Because most money sayings aren't completely wrong. We look at the useful principle hiding underneath the cliché. - What Should You Actually Do?: Practical, sensible alternatives you can apply to your own financial decisions. - Investing, Property, Debt & Spending: Tackling advice around buying the dip, market timing, mortgages, renting, property, debt and building wealth. - Live Community Q&A: Answering your pre-sent and live chat questions on money, investing and personal finance. Episode resources – Buy Gemma’s book “The Money Reset” – Speak with the Rask Advice team – Ask a question (select the Finance podcast) Show partner resources – View VanEck's range of funds – Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit – Get 50% off your first two months using PocketSmith – Whatever comes next for your business, power it with Stripe Rask resources – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest Disclaimer The information in this episode is provided by The Rask Group Pty Ltd and contains general financial product advice only. It does not take into account your objectives, financial situation or needs. Before acting, consider whether the information is appropriate for you and consider seeking personal advice from a licensed financial adviser. You can read our Financial Services Guide at www.rask.com.au/fsg. If a financial product is mentioned, consider the relevant PDS and TMD, where applicable, before making any financial decision. Past performance is not a reliable indicator of future performance. Returns are not guaranteed and capital may be at risk. The Rask Group Pty Ltd is a Corporate Authorised Representative No. 1280930 of Rask Licensing Pty Ltd, AFSL 563 907. Learn more about your ad choices. Visit megaphone.fm/adchoices