{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/69c6232426c1fb9c07b02968/69fc90a87628afabb9a513a3?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Episode 16 - Two Incomes, One Plan: Common Investing Mistakes Australian Families Make","description":"<p><em>Narrated by AI. Written by Victor Idoko.</em></p><p><br></p><p>Most investing mistakes aren’t dramatic.</p><p>They’re small, repeated behaviours that quietly compound in the wrong direction.</p><p><br></p><p>In this episode, we break down the <strong>seven most common investing mistakes</strong> Australian families make—and how to fix them with simple, structural changes.</p><p><br></p><p>Because it’s rarely the investment itself that causes underperformance—</p><p>it’s what happens around it.</p><p><br></p><p>We cover the patterns that show up across almost every dual-income household:</p><p>• Chasing last year’s best-performing investment</p><p>• Panic-selling during market downturns</p><p>• Sitting in cash “until things settle”</p><p>• Never rebalancing portfolios</p><p>• Mistaking concentration for conviction</p><p>• Owning multiple products without a clear plan</p><p>• Mismatching investments with time horizons</p><p><br></p><p>These mistakes aren’t about being reckless.</p><p>They’re the natural result of human behaviour and poorly designed systems.</p><p><br></p><p>More importantly, we show how to fix them:</p><p>• Automating decisions</p><p>• Setting clear rules in advance</p><p>• Aligning investments with purpose and timeframe</p><p>• Simplifying your financial structure</p><p><br></p><p>Because building wealth isn’t about trying harder—</p><p>it’s about removing the decisions that cause mistakes in the first place.</p>","author_name":"Victor Idoko"}