Michael's Magic Moment: Don’t be an Uninformed Chipmunk
Most of us know the story of the chipmunk, carefully storing acorns and nuts away for the future. While they're great savers, they probably wouldn't make the best investors. Then again, we can't blame them. They only know what they know. In many ways, we're no different. Countless Australians want to start investing but never take the first step because they feel overwhelmed by a lack of information, or ironically, too much of it. With so many opinions, strategies, and investment options available, it's easy to become stuck in analysis paralysis. In this episode, Michael explores the common barriers that stop people from investing and shares the challenges he regularly sees when working with couples. He also explains how he coined the term "The Uninformed Chipmunk" and why understanding the difference between saving and investing could be the key to building long-term wealth. Sharing More Than The Sheets is a podcast show to help couples make better financial decisions so that they can focus on the things that they love. We cover financial topics such as budgeting and investing as well as fitness and lifestyle topics such as raising children and staying fit and healthy. Please SUBSCRIBE to stay up to date with new episode releases at www.sharingmorethanthesheets.com.au Follow us on Facebook & Instagram and please share this show with any friends or family that it may be able to assist. All information contained in this podcast is general in nature and does not consider your individual circumstances. You should consider the appropriateness of this information with regards to your individual objectives, financial situation and needs. Music by John Bartmann https://johnbartmann.com Sharing More Than The Sheets is for educational purposes only. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which 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. Past performance of financial products is no assurance of future performance. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. Michael Khouri is an Authorised Representative and Wealthness Pty Ltd ACN 613 313 250 t/a Better Financial Planning Australia is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd ABN 47 097 797 049 AFSL Licence No. 236523.




