Show Notes
What if one of the biggest changes to how Australians invest is about to happen, and hardly anyone here is talking about it?
US sharemarkets are moving towards near-24-hour trading, which could make it much easier for Australians to invest directly in the world's biggest companies during our own business hours. For anyone who has built their portfolio through the ASX, that raises some uncomfortable questions about what comes next.
Could investing overseas become cheaper and easier? Does the exchange you use even matter anymore? And if Australian investors have fewer reasons to stay local, what happens to the ASX itself?
Paul has a strong view on where this could be heading, and it is not one you hear every day.
Then Nick and Paul turn to property, where another long-held Australian assumption is being tested. House prices are falling in some markets, which can feel alarming when a huge chunk of your wealth is tied up in your home or investment property. But if we want housing to become more affordable, can prices really keep climbing forever?
This episode is about looking past the headlines and asking what these shifts could actually mean for the way you build and protect wealth.
Why the ASX could become far less important to your portfolio than it is today
The shift that could make investing directly in the US cheaper and easier than you expect
The hidden risk you take on when more of your money moves into overseas markets
Why a falling property price does not always mean you are financially worse off
The assumption about property that could be distorting the way you build wealth
If a large part of your wealth sits in Australian shares or property, this is a conversation worth hearing before assuming the old rules will keep working the same way.
FURTHER LISTENING You can find our playlist full of episodes about investing here.
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UPDATED: This episode was originally published with the wrong episode audio; it has been republished with the correct audio. Thanks for your patience!
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