Why the rich are comfortable with investments they can’t cash out fast
Our guest today has been rated as one of the top advisers in the market for many years. He makes the point that virtually every Australian investor loves property – a notoriously illiquid asset. But then very few investors are willing to move into illiquid assets outside of bricks and mortar…it’s time to change your mind.
Charlie Viola of Pitcher Partners joins wealth editor James Kirby in this episode.
In today’s show, we cover:
*Why are you scared of illiquid assets?
*Do you have enough exposure to overseas share markets
*Help! I need to move a lot of money overseas…where do I start?
* The truth about Trump and fossil fuels
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