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Millionaire without winning the lottery?!

Australian Finance Podcast
Australian Finance Podcast
Episode • Sep 5, 2022 • 38m

How would you use $1M if a magic wand was waved and it appeared in your bank account today?

In this episode Kate & Owen discuss what it takes to become a millionaire. We’re not going to give you a secret recipe to become an overnight millionaire though, and if anyone promises you otherwise…run!

We cover the three key components of the investing equation: your returns (and asset allocation), how much you can invest each month and your investment timeframe, along with the importance of focusing on what you can control on your investing journey.

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DISCLAIMER: 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’re 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.

Full 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.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Date recorded: 31st of August 2022

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Australian Finance Podcast • Millionaire without winning the lottery?! • Listen on Fountain