Listen "What the Heck is an Asset Class?"
Episode Synopsis
In this episode of "Wealth Unlocked," we're busting the myth that wealth is created by simply saving money. If you want to build lasting wealth, you've got to invest in something. But what exactly are you investing in? We're talking about asset classes, and you might be surprised to learn there's more to them than just property and shares. 🎧What We'll Uncover:Beyond the Basics: We'll define what an asset class really is and introduce you to the seven different types, including the five you've probably never considered.The Problem with Cash: Discover why keeping your money as cash is a poor long-term strategy and a key reason many people struggle to build wealth.A Look at the Past: We'll reveal which asset classes have been the top performers over the last 120 years, providing you with a historical perspective to inform your future decisions.Proceed with Caution: Learn about a specific asset class you should be wary of and why doing your research is crucial to avoid getting burned.Rethinking Real Estate: We'll explain why negative gearing isn't the financial silver bullet many believe it is, even with the tax benefits.Property Without the Hassle: Find out how you can invest in property without actually buying it, making real estate accessible to everyone.Tune in to learn the truth about wealth creation and start building a portfolio that works for you.
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