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Podcast: Dev Raga Personal Finance
Episode: 043 40 year mortgages!! What is loss aversion?
Description: In this episode we discuss if a 40 year mortgage is a good thing or too risky. We also delve deep into financial theories such as loss aversion, prospect theory and status quo basis.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...