Episode 7.: Easy Investing Call Me Daddy

Dave and John talk about how they learnt to understand the investing world to help their families secure their future. The goal is to free up time and reduce stress so that parents can be more present with their kids and enjoy the small moments! Links to all mentioned resources below!
Show runsheet:
You’ve got control over your finances and have a surplus, now what?Assets vs liability - Assets bring money in, and liabilities cost you moneyIs your home a liability?Different asset typesInvestment properties, shares, business.Shares:What are they? - small pieces of businesses for you to own, which change in value (hopefully increase) and often pay dividends when the business is profitableWhat our investing philosophies areDave: Property is the centerpiece and shares are on the fringeJohn: Shares are the centerpiece and entrepeneurship is on the fringePros and cons of property and sharesList of resources:Equity Mates - Get started investing playlist - https://open.spotify.com/show/2ZzAxuxFmQ1U78pL3RMxnsInvestED - value investing - https://open.spotify.com/show/0lsnMTJtjubPtXDiSOGpFrThe Property Couch - https://open.spotify.com/show/09ofZB3Y6309Q88HZSzlopAussie Firebug - https://open.spotify.com/show/0qtgsURJynMebHSQcFwqTtThe Little Book that (still) beats the market - Joel Greenblatt - https://open.spotify.com/episode/3dKkfy3bnVysDN5GhsoSUxThe Dhando Investor - Monish Phabrai - https://open.spotify.com/show/5P4AyV2R7BobWufalW6kl8Rule 1 Investing - Phil Town - https://open.spotify.com/show/00isQs80c5XvBAPd1sPLSDMoney Smarts - Bryce Holdaway & Ben Kingsley - https://thepropertycouch.com.au/product/make-money-simple/The Armchair Guide to Property Investing - Bryce Holdaway & Ben Kingsley - https://www.thearmchairguide.com.au/order-form-528524771642987655481DAD HACKS
John: Go see a tax professional to help formulate tax effective ways to structure your finances - there are a lot of laws and strategies so use professionals to find your best outcome. Dave: Involve your kids in your exercise regime. Time poorBike ridesRunshow to Fun at the park