314 what is a commodity?

Today we're unpacking the concept of commodities and if they are something investors can make money on. We touch on: 👉🏾 what actually is a commodity? 👉🏿 what is basis grade? 👉🏻 various types of commodities 👉 how are commodities traded 👉🏼 what is the commodity price cycle? 👉🏽 what determines their price 👉🏾 is health care a commodity? Related listening 🎧 056 what are derivatives (financial)? 240 what is hedging? 027 what is inflation and why is it important? 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcripts 🏡 Join our facebook group for healthcare professionals 💸 Quick links to our resources and $20 off The Glen James Spending Plan my millennial money professional 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