Changes are happening - please bear with us while we update our site.

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Get rich quick schemes, changing strategy & assuming every asset always goes up [Money Mistakes PART 2)

In this episode of The Australian Finance Podcast, Kate Campbell and Owen Rask tackle money mistakes, including get rick quick schemes and assuming every asset always goes up (it doesn't).

Listen to the podcast now

Have you invested in companies and products you donā€™t understand?

Don’t worry; we’ve all been there!

Continuing on from Wednesday’s episode, Kate & Owen share another five money mistakes investors commonly make and how to avoid them. This includes:

šŸ‘€ Assuming every asset always goes up (it doesn’t)

šŸ‘€ Get rich quick schemes

šŸ‘€ Giving in too soon or changing strategy in the short-term

Don’t forget to listen to Part 1 of our Money Mistakes here!

Podcast resources

Don't look down for great deals šŸ‘‡

šŸ“± Pearler, the broker for long-term investors.

Sign-up to Pearler using the code ā€œRASKā€ for $15 of Pearler CreditĀ and learn more about Pearler Rewards here.

šŸŒ Betashares ETFs

Discover the broadest range of Exchange-Traded Funds (ETFs) in Australia on betashares.com.au.

šŸ’ø PocketSmith, a productivity booster for your money.

PocketSmith is not just a budgeting app, it’s an advanced tool that connects to nearly every bank worldwide. Basically, it’s a productivity booster for your money. With PocketSmith, you can organise your money your way and even collaborate with your household and advisors.

Ready to manage your money like a pro? PocketSmith has a special deal for Australian Finance Podcast listeners. Click here to get 50% off your first two months of PocketSmithā€™s Foundation plan.

The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donā€™t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read ourĀ Terms & ConditionsĀ andĀ Financial Services Guide before using this website.

Share this episode:

Search by ticker code:
Generic filters

Stocks mentioned:

Like our podcast? Get Owen & Kate's weekly newsletter.

Want to level-up your analytical skills and investing insights but don’t know where to start? We can help. Join 44,000+ Australian investors getting our newsletter and we’ll send you our favourite podcasts, courses, resources, investment articles and podcasts every week. Delivered to your inbox every weekend. Grab a coffee and let Owen, Kate, Mel, Monique and the team bring you the best investment insights every week.

Skip to content