The Financial Freedom Pod with Bruce Whitfield & Warren Ingram
Bruce Whitfield
How do you build financial wealth? One action at a time. In the Financial Freedom Pod, award-winning journalist Bruce Whitfield and award-winning financial plan...
It’s been a year since financial markets started pricing in interest rate cuts and now that they are finally happening, is there any upside left? Markets are often described as forward looking. That means they try to anticipate real world events and prices move in response to what markets believe will happen in the future. By the time most of us wake up to the fact that the world has changed and looks investible, markets are already anticipating the next crisis and you always seem to be behind the curve.
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4:22
The one where Bruce and Warren explain why interest rates matter when you are investing
High rates are believed to be good for savers, except they are a sign of high inflation which means that even if you think you are better off because your money in the bank is drawing a high return, the value of that money is losing value as it’s corroded by inflation. Markets like lower rates and as the cycle finaly turns, why does it matter?
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3:54
The one where Bruce gets a tennis lesson
Well, it’s Warren drawing lessons from the great, half-South African, tennis uber-hero Roger Federer, just to show there are investing lessons everywhere, Warren gets his kicks from lessons of one of the all-time greats of tennis and how you should apply those principles to the way you approach your money. Spoiler alert: it’s about winning, just not everything all the time, that makes the difference.
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4:31
The one where I betray my profession
Journalism is a bold and noble profession, whose value to society is incalculable. Imagine what the blighters would try to get away with if there was no journalism. The problem comes from making any decision based on news flow. Every day you wake up you are subjected to an exceptional amount of information. Some of it accurate, all of it seeking your attention. What is fact and what is fiction and upon which information to you base your investment decisions?
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6:46
The one where you get schooled about dodgy share trading offers
You have to have an unsual skills set to make money as an independent trader. Fancy yourself as the latest incarnation of The Wolf of Wall Street (who I have met, and didn’t like very much, but the feeling was mutual, so that’s okay) be my guest. It’s your money. This is about financial freedom, not trying quick fixes. If trading shares was easy and the software you were sold so good, why are you being offered it for so little?
About The Financial Freedom Pod with Bruce Whitfield & Warren Ingram
How do you build financial wealth? One action at a time. In the Financial Freedom Pod, award-winning journalist Bruce Whitfield and award-winning financial planner, Warren Ingram, simplify personal finance in a bite size weekly podcast. Each episode will ask you to do just one thing, and these single, simple actions will build and compound, to deliver your financial freedom.
Listen to The Financial Freedom Pod with Bruce Whitfield & Warren Ingram, The Tim Ferriss Show and many other podcasts from around the world with the radio.net app
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