In this episode I'm joined by Vince Scully as we delved into the world of financial advice. When should you start to seeking it, how much it should cost and a crucial discussion about the difference between \"financial advice\" and \"investment advice\". These two are often conflated but they serve different purposes. We spoke about the value of advice and how it helps to achieve financial independence and your life goals. But we did have a couple of questions about the costs touted by Money Smart at this link: Financial advice costs - Moneysmart.gov.au. We also dealt with a couple of comments from listener Ravi about his friend with a dodgy advisor and whether the ASX 200 is actually the best performing index in the world!
Blog post available at: https://www.sharesforbeginners.com/blog/vince-scully-life-sherpa
Tony Kynaston is a multi-millionaire professional investor thanks to the QAV checklist he developed. Tony's knowledge and calm analysis takes the guesswork out of share market investing. Use the coupon code SFB for a 20% discount on QAV Club plans or SFBLIGHT a free month of QAV Light. Find out more about QAV at this link: https://www.sharesforbeginners.com/qav-quality-at-value
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