222 stock market myths + wrap accounts

Dev unpacks 10 myths about the stock market:👉🏾 investing in the stock market is gambling👉🏿 the stock market is only for rich people👉🏻 buying a stock when it falls is always a good strategy👉 the more stocks you own, the better it is!👉🏼 gains and losses are considered equal👉🏽 more risk means more returns👉 a low stock price means it's undervalued👉🏿 everyone needs a financial adviser👉🏾 sequence of returns doesn't matter👉🏼 dividend yield investing is always good👉🏻 and a question from Nyasha who asks, "What is a wrap account?"🛑 Please read our disclaimer + warnings before listening to this episodeAltus Financial is for medical professionals who want to feel good about their finances. Visit https://bit.ly/altusm3mEpisodes mentioned:135 gambling vs speculation!056 what are derivatives (financial)?203 what is diworsification?076 what are corporate actions?077 what is price to earnings ratio (P/E)?078 what is price to book ratio (P/B)?028 what is sequence of returns risk?031 what is dividend investing?065 dividends vs distributions102 what is a dividend reinvestment plan (DRP)?061 what is a trust?📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

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