Owen Raskovich
π€ SpeakerAppearances Over Time
Podcast Appearances
I'm through the big industry super fund.
And I own individual shares and I own ETFs.
And there's this ongoing debate.
Should everyone just be invested in index funds or ETFs?
Or should people be buying shares, individual shares?
Or should people be investing in investment property or just in cash or something else like Bitcoin?
Should you be doing just that?
And this is what we call in psychology a false choice.
We give people seemingly two options, maybe a few more, and say, what would you do?
This is your choice.
What would you do?
Pick one.
When in reality, it's a false choice because you don't have to pick one.
You can pick all of them.
You can pick none of them.
And so when it comes to whether you're an active investor, you buy individual shares, you buy investment properties, that sort of stuff, or you go with just sticking your money in super and just doing ETFs and index funds, you know, guess what?
You don't have to do one or the other.
You can do them all.
It's like I drink Coke, right?
I drink Coke more than I drink Pepsi, but I'll happily drink Pepsi too.