In today’s episode, we’re exposing the five biggest money myths that are quietly hurting even the smartest tech professionals. If you’re in your 30s or 40s, earning well, and navigating RSUs, taxes, and financial decisions, this episode will give you the clarity you need to protect your wealth and plan with purpose.

What You’ll Learn in This Episode:

• Why political elections don’t dictate long-term stock market outcomes
• The dangers of being too emotionally attached to your company stock
• Why holding on for potential upside can backfire financially
• How underestimating tax on RSUs leads to painful surprises
• Why insurance and estate planning aren’t just for the old or sick

Key Takeaways & Strategies:

• Ignore Election Noise: Staying invested through political cycles outperforms trying to time the market.
• Avoid Concentration Risk: Don’t bet your future on one company’s stock—even if it’s your employer.
• Balance Growth with Protection: Selling some stock doesn’t mean you miss out—it means you're being smart.
• Get Ahead on Tax Planning: Don’t assume your RSU tax is fully withheld. Run projections and plan early.
• Protect What You’ve Built: Insurance and estate planning ensure your hard work isn’t undone by life’s surprises.
• Being Prepared Beats Being Perfect: Avoiding major mistakes is more important than finding perfect investments.

Connect with Mo Shouman:

• Connect with me on LinkedIn: Mo Shouman
• Email me: [email protected]
• Visit My Wealth Choice: www.mywealthchoice.com.au

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Thanks for tuning in! See you in the next episode of Wealth Bytes! Where we will be talking about How to create a tax-smart investment portfolio as a tech professional.

Listen, learn, and start making smart financial choices today.