How I lost $1M by choosing shares over property

How I lost $1M by choosing shares over property

In this Australian Property Podcast episode, Owen Rask reveals a million-dollar mistake from early in his wealth-building journey. He explains: – The opportunity he missed in the property market – Why he stuck with shares and ignored other strategies – How combining property and shares could have accelerated his financial growth – A powerful lesson in using every tool at your disposal for long-term wealth If you liked this Australian Property Podcast episode on investing lessons and personal mistakes, subscribe to the show on⁠ Apple⁠,⁠ Spotify⁠,⁠ YouTube⁠, or wherever you get your podcasts! Follow us on⁠ Instagram⁠ and⁠ TikTok⁠ for more insights. Topics Covered – The $1 million property mistake – Shares vs property: a false choice? – What is debt recycling and equity release? – How to use property to supercharge investments – The role of financial planning in building wealth – Why dogma (shares only or property only) can be dangerous – Lessons from missing the train on property – Using loans strategically for tax efficiency – Warren Buffett's influence—and where it can go wrong – Rethinking financial tools: use the whole toolkit Resources for this episode 📄 Learn more about investing smarter: –⁠ Free Property Course⁠ ~~ Rask resources ~~ 🔗 Explore all Rask services -⁠ https://bit.ly/R-services⁠ 📋 Learn about Rask Financial Planning -⁠ https://bit.ly/R-plan⁠ 📈 Start investing with Rask -⁠ https://bit.ly/R-invest⁠ 📜 Access Show Notes -⁠ https://bit.ly/R-notes⁠ ❓ Ask a question - just select the Property Podcast -⁠ https://bit.ly/R-quest⁠ 📲 Follow us on social media: Instagram:⁠ @rask.invest⁠ TikTok:⁠ @rask.invest⁠ 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 unsure, 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. Access The Rask Group's Financial Services Guide (FSG) -⁠ https://www.rask.com.au/fsg⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(323)

Property reset or buying window? Sydney, spring listings and the six-year rule

Property reset or buying window? Sydney, spring listings and the six-year rule

In this Australian Property Podcast episode, Pete Wargent and Chris Bates unpack a market that still looks soft on the surface but may be opening a sharper decision window for buyers, upgraders and lo...

22 Aug 45min

Deposit bonds explained: how to buy property without an upfront cash deposit

Deposit bonds explained: how to buy property without an upfront cash deposit

In this Australian Property Podcast episode, Owen Rask sits down with Ryan Dinsdale from Deposit Power to unpack how deposit bonds work and where they can fit into a smarter property strategy. They c...

18 Aug 33min

Is now a smart time to buy? RBA on hold, Melbourne and the next move

Is now a smart time to buy? RBA on hold, Melbourne and the next move

In this Australian Property Podcast episode, Pete Wargent and Chris Bates unpack one of the biggest questions in property right now: is the current slowdown creating a genuine buying window, or are bu...

15 Aug 47min

How to make an offer on a property

How to make an offer on a property

In this Australian Property Podcast episode, Amy Lunardi and Chris Bates unpack how to make an offer on a property when the market feels uncertain and every agent seems to run a different process. Th...

11 Aug 54min

Housing chill hits the economy, listings surge and why upgraders may have the edge

Housing chill hits the economy, listings surge and why upgraders may have the edge

In this episode of Australian Property Podcast, Pete Wargent and Chris Bates unpack a property market that is cooling, but not in a simple, one-speed way. Home values fell again in July, Sydney and Me...

8 Aug 50min

ASIC’s offset account warning: what borrowers should check, with Sarah Court

ASIC’s offset account warning: what borrowers should check, with Sarah Court

This episode was originally featured on the Australian Finance Podcast. In this Australian Property Podcast episode, Owen Rask speaks with Sarah Court, Chair of ASIC, about what the regulator is se...

4 Aug 35min

Is now a smart time to buy property? Budget shock, rents and the flight to quality

Is now a smart time to buy property? Budget shock, rents and the flight to quality

In this Australian Property Podcast episode, Pete Wargent and Chris Bates unpack one of the biggest questions in property right now: is this actually a good time to buy, or are buyers still stepping i...

1 Aug 48min

Where prices are falling and where buyers can find opportunity

Where prices are falling and where buyers can find opportunity

In this Australian Property Podcast episode, Pete Wargent and Chris Bates unpack what the post-Budget property reset is starting to look like on the ground, and where patient buyers may finally be get...

25 Jul 52min

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