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Why You Need to Start Investing Now (with Michael McCarthy from moomoo)
In this week’s episode of SugarMamma’s Fireplay, proudly supported by moomoo, I sit down with influential veteran investor Michael McCarthy to talk about something that’s never been more important getting started with investing.
We break down why investing is no longer optional in today’s world, the growing wealth gap between investors and non-investors, and how new technology — especially AI — is helping level the playing field for everyday Australians.
To check out the moomoo app, you can download it here: https://start.moomoo.com/0tfLnT - not an affiliate link.
Michael shares his professional insights on:
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Why now is the time to take action and become an investor - especially when you consider the long term impact of inflation.
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How compounding returns and dividends build long-term wealth.
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The key differences between active and passive investing — and how to decide which approach suits you.
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How AI-powered tools inside moomoo are helping investors make more confident and informed decisions.
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Why it’s possible to start small, stay consistent, and still reach financial independence over time.
We also talk about the psychology of getting started — how to overcome hesitation, fear and analysis paralysis — and why waiting for “the perfect time” often costs you more than getting started imperfectly.
This episode will empower you to take that next step, no matter where you are in your financial journey.
💡 My Takeaway:
The longer you wait to start investing, the harder it becomes to catch up. Time is your greatest asset — not timing. With the right mindset, a disciplined plan, and access to powerful tools like moomoo, anyone can begin building wealth and moving closer to financial freedom.
📲 Resources Mentioned:
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Download the moomoo app https://start.moomoo.com/0tfLnT
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Learn more at www.moomoo.com/au
📝 Disclaimer:
This episode is sponsored by moomoo. All information discussed is general in nature and should not be taken as personal financial advice. Please consider your own circumstances or consult a licensed financial adviser before making investment decisions.
💬 Let’s Keep the Conversation Going
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Published on 1 month ago