Description

In today's episode, we have Paul Benson, Principal of Guidance Financial Services and published author of Financial Autonomy. Paul has been working as a financial planner for the last 20 years, working with a wide spectrum of clients, helping them gain ‘financial autonomy’. Paul gives his two cents on the property versus shares debate, adding in extra commentary from his book and own experiences with clients and friends on their journey to creating wealth.

Here’s what we covered:

• What is the difference between financial autonomy and financial freedom?
• How can people retire in their early 60s?
• Income replacement or wealth creation?
• How are people finding their 'true purpose' through work?
• How to deal with the temptation of trying to time investments?
• Why ethical and sustainable investing will be the future.
• Should you invest a lump sum in shares or property?
• With interest rates so low, are people taking on more home debt?
• Why do most financial planners not give advice around property?
• How do you build your share portfolio
• What are people investing in now?

RELEVANT EPISODES:Episode 136 | Owen Raszkiewicz Episode 131 | Jessica Brady Episode 130 | Glen James

GUEST LINKS:Guidance Financial Services Financial Autonomy - Podcast Financial Autonomy - Book

New challenge!Reach out to us if you have a positive off-the-plan purchase, we would love to hear from you!

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Send in your questions to: questions@theelephantintheroom.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in October, 2020.

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