EP 055: The Danger of Following the Crowd – With Goose McGrath – Part 1 of 2

Believe it or not…

When I was 22 years old, I was making $100,000 a year as a plumber.

I was doing well by society’s standards (the masses) and on track for a normal suburban life.

But… there was a big problem…

Even on 100k a year, I couldn’t afford to buy my wife a nice house.
Or, give her the option not to work when we have kids.

It used to eat into me that in the future when we had kids, we would be forced to put them into care.

That my wife would be in the rat race answering to some corporate asshole rather than raising our family.
(Which, at the time, was her preferred option.)

I would drive to work every day, dwelling on it, feeling like shit that I couldn’t provide the life I wanted for my family.

I knew that if we kept doing what the masses are doing, then we will get what everyone else in society has.

Which were both parents working full-time and kids forced into care.

I wanted to have different options for my life.

I decided to quit my job as a plumber and launch an online business.

At the time, people thought I was insane for leaving plumbing!
A well-paid Job.

The internet was a thing full of scams!

My parents pulled me aside and tried to talk me out of it.

Warning me that it could go terribly.

It was very challenging to do something different from the masses.
I doubted my decision many times.

It was lonely and isolating.
It made me completely different to everyone else.

The only way I could have achieved what I have today is by going on a different path from the masses.

If you want something different to the masses in your life, then it’s time to start accepting you will need to do things differently also.

To close this loop in the story.

My wife hasn’t had to work since our son was born.
She never has to work for the rest of her life if she doesn’t choose to.

We have a paid-off home and don’t have to worry about financial pressure.

This is one of my proudest achievements in life.

Anyhow,

In this week’s episode of the podcast, I have brought on a good friend of the show, Goose McGrath.

This episode will absolutely challenge what the masses are thinking and doing.

I was considering not publishing it as I’m sure we will get some haters leaving mean comments.

But… Goose backs his opinions up with data.

And… He makes some damn good points.

There are some serious flaws in what the masses are being told today.

Make sure you check them out in this episode.



DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

Episode Highlights:

01:04 Get to know Goose McGrath
05:05 Do property prices go down when interest rates go up?
08:47 Impact of change in interest rates on property prices
12:41 The Australian property market at present
17:40 Media narratives versus reality in business and investing
21:46 A theory on circulating negative news
25:19 Factors why property prices in Australia dropped
31:02 Goose’s reliable team of experts

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