{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":300,"width":600,"title":"Boomers Got Rich by Lucky Timing. What Happens to the Next Generation? | Ashley Owen","description":" Did baby boomers become wealthy because they were better investors, or were they simply born at the right time?   It is a confronting question, because millions of Australians who bought property, invested in shares and contributed to superannuation over the past 40 years enjoyed one of the strongest financial tailwinds in modern history.   From the early 1980s, inflation and interest rates generally trended lower. As the cost of money fell, asset values rose, borrowing became progressively easier, and property, shares and bonds delivered unusually strong long-term returns.   Of course, plenty of boomers worked hard, saved carefully and made sensible decisions. Yet effort alone does not explain the extraordinary increase in household wealth. Timing played a much larger role than many people are comfortable admitting.   My guest today, Ashley Owen, believes that this golden era has ended. He argues that younger Australians are entering a very different world, with persistent inflationary pressures, higher average interest rates and potentially lower real returns across property, shares and bonds.   If Ashley is right, investors can\u2019t simply extrapolate the returns of the last 30 or 40 years into the future. Retirement calculations may be too optimistic, traditional asset allocations may be less reliable, and the next generation may need to save more, invest differently and remain invested for longer.   In this episode I\u2019m speaking with Ashley Owen about how Australia\u2019s investment environment has changed across generations.   Join me as we unpack what this means for investors, retirees, and the next generation.   Takeaways    \u2022 Inflation is global, so Western economies tend to rise and fall together. \u2022 Long periods of falling inflation create unusually strong returns across most asset classes. \u2022 Government borrowing and loose fiscal policy can keep inflation pressures elevated. \u2022 Military spending has repeatedly triggered major inflation spikes throughout history. \u2022 The best recent investing decade was boosted by declining inflation and interest rates. \u2022 Shares generally outperform bonds and cash during most long-term market cycles. \u2022 Bonds can deliver weak or negative real returns during high inflation periods. \u2022 Australian housing holds up better because debt is eroded by inflation over time. \u2022 Rising protectionism and re-shoring increase costs across goods, wages, and supply chains. \u2022 Starting early and avoiding crowd behaviour matter more than chasing short-term trends.   Chapters \u2022 05:08 - Why investors need a 150-year view of inflation \u2022 08:54 - Three lessons from 150 years of global inflation \u2022 22:26 - Every driver of the golden era has now reversed \u2022 29:38 - What returns look like in high-inflation decades \u2022 37:29 - Why Australian housing is the standout asset class   Links and Resources:   Answer this week\u2019s trivia question here - https:\/\/www.propertytrivia.com.au\/ \u2022        Win a copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time. \u2022        Every entry receives a copy of a fully updated Michael Yardney Property Report.   Michael Yardney \u2013 Subscribe to my Property Update newsletter here     Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us.    Ashley Owen, Director of Owen Analytics https:\/\/www.owenanalytics.com.au\/   Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au   Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher \u2013 just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.   About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia   The Michael Yardney Podcast is one of Australia\u2019s leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing.   Each week we explore:   \u2022 Australian property market updates\u2022 Property investment strategies in Australia\u2022 Melbourne property market trends\u2022 Sydney property market forecasts\u2022 Brisbane property investment opportunities\u2022 Capital growth property strategies\u2022 Property cycles in Australia\u2022 Negative gearing and tax strategy\u2022 Interest rates and their impact on property\u2022 Buyer\u2019s agent insights and investment planning   If you\u2019re serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need.   Learn more at:https:\/\/propertyupdate.com.auhttps:\/\/metropole.com.au ","author_name":"Property Investment & Wealth Creation Australia | The Michael Yardney Podcast","author_url":"https:\/\/michaelyardneypodcast.com.au","html":"