134 - Debunking Bad Advice

Have you ever heard that you should aim for tax losses on investment properties, or you need a credit card to get a credit rating score, or perhaps you should move all your money into defensive assets as you approach retirement?  Well-meaning advice can be great, but what could work well for someone else could be disastrous for you. In this episode we correct some common misconceptions as well as talk about what happens if you do receive bad advice on a professional level.