There’s no shortage of self-proclaimed “experts” pushing the next big thing, but before you throw your hard-earned cash into the latest trend, let’s get back to basics. The Bongiorno Group’s Mitch McKeown and Ricky Caldow break down how to avoid disaster when investing – because a bad move can cost you more than just money.
In this first of two-part series, they discuss the importance of financial planning, risk tolerance, diversification, and avoiding speculative trends. They also examine common pitfalls, including overreacting to market volatility, underestimating fees, and attempting to time the market.
The Money Doctors is proudly brought to you by leading financial services organisation the Bongiorno Group, the preferred tax and accounting partner for the Australian Medical Association Victoria.
For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/
This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product Disclosure Statement before deciding to acquire the product.
See omnystudio.com/listener for privacy information.
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