365 | Why Is investing So Confusing?

We don’t blame you if you find investing confusing… even Ben found it confusing when he started 30 years ago.

There are so many different asset classes to pick from, different procedures to follow, various biases to learn from and the worst of them all…

THE JARGON!

Short, Long, Dollar Cost Averaging, Coupon Rates, Day Trader and the list goes on.

 

So where would one even start?

 

Our answer is… This episode.

It’s back to the basics today folks and we’re not even focusing just on property! We’re covering most of the popular investments classes and procedures so think of this episode as… Investment 101.

Enjoy!

 

p.s. Does this episode sound familiar? Well, that’s because it’s a follow-up from Bryce’s Life Hack last week! 😉
(and if you didn’t know that make sure to tune in to Ep 364 – Will Property Price Keep Going Up! here. It’s a ripper!)

 

 

Free Stuff Mentioned

• PICA’S WEBINAR on Estate Planning – To watch, you need to be a PICA Member (or become a member for $5)
  • To become a member, go to https://pica.asn.au/membership/
  • If you want to watch, you can find out more about the PICA webinar HERE.
• 219 | How going from 30 properties to Bankruptcy shaped this riches to rags… and back again story! Chat with Julie Ann Cairns – Tune in Here
• The Personal MBA by Josh Kaufman – Learn more here
• The Cashflow Quadrant – Learn more here
• RBA’s Address: Recent Trends in Inflation – Tune in to the speech here

  

Here’s some of the gold we cover…

• 2:02 – PICA’s Upcoming Webinar on Estate Planning! Become a PICA Member here to join the webinar.
• 2:54 – Psstt… Black Friday coming soon folks. Make sure you have your $5 ready! 😉
• 3:51 – Mindset minute… What’s your status symbol?
• 4:58 – WHY is investing so difficult?!
• 7:38 – Ben’s early years as a clueless investor…
• 9:08 – What are the underlying beliefs that you need to tackle head on first?
• 10:30 – What is Bryce’s early mindset on the stock markets?
• 12:24 – Risk is a M _ _ _ _ _ _ _ of K _ _ _ _ _ _ _ _
• 13:14 – What’s the ONE absolute when it comes to wealth creation?
• 15:11 – Understanding The Cash Flow Quadrant
• 16:17 – Non-financial assets that you can (and should) invest on!!
• 18:45 – How to Implement an MBA on Yourself?
• 22:40 – What’s the real challenge for millennials when it comes to investment research?
• 25:40 – Shares 101!!
• 27:17 – Property will NEVER EVER deliver you THIS… but shares can.
• 30:21 – What’s our overarching thesis and do you have one?
• 38:04 – Other types of investment products that you should know about…
• 39:26 – What are the Different Types of Investment Procedures? (Unpacking Jargon Alert here folks!)
• 40:54 – When to go long and short in investments?
• 48:37 – The 6 categories of Investors… Which one are you?
• 51:47 – Do you recognise these biases?
• 1:00:25 – Confused? That’s ok, it all comes down to this…

And…

• 1:03:37 – Life Hack: See your brain through the eyes of a Super Computer!
• 1:04:41 – Dr Philip Lowe’s Speech on Recent Inflation Trend
• 1:06:27 – Property Market’s Supply Movement!!
• 1:08:10 – This couple paid $75k deposit but didn’t end up with the property?! #UnAustralian