The weekly podcast from Luke Curry and Mark Baker, discussing all things business, tech, creative, health, and general lifestyle advice. Each Wednesday join the brothers in-law, as they interview an eclectic range of guests from blue collar grafters to multi-millionaire investors, each with their own stories to tell, and lessons learned along the way. If you have a side hustle, want to start a passion project, or just want to hear some great career and life advice, this is the podcast for you.
Episodes
Wednesday Aug 04, 2021
Wednesday Aug 04, 2021
What is up SharkNation!
***This is not financial advice - it is meant for education purposes only***
Luke and Mark talk about 'getting your money right' and building an investment strategy to make the most of the income you're generating.
Luke acts as a guide and breaks down the simple steps a 35 year old would need to take to generate an investment pot of €1m+ in 20 years.
Key takeaways:
1. Everyone should do the math on the €1m investment pot, and what it takes to get there - Luke and Mark describe the the platforms and assets you might use to build and manage your portfolio.
2. As with all income - it's not how much you make but how much you get to keep that matters. So the guys discuss possible tax strategies and how someone might choose investments that won't attract unnecessary taxes.
3. You need a long term mindset - "time in the market beats timing the market'.
4. There are alternatives to ETFs to give a portfolio broad market exposure. Investment trust might be a way for some investors to build their fortune.
5. There are great resources out there - For portfolio ideas see http://www.lazyportfolioetf.com/. Books recommended on the podcast include Unshakable - Tony Robbins. Master the Trade - John Carter and Principles - Ray Dalio.
For Feedback: Luke@shark.ie
KEEP MOVING FORWARD!
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