About this episode
In this episode I'm joined by Vince Scully from Life Sherpa to unpack one of Australia’s biggest financial scandals: the collapse of the First Guardian and SHIELD Master Funds. With over 12,000 investors and $1 billion in losses, this case is a stark reminder that even regulated investments can go wrong. ? Life Sherpa Invest helps beginners start with confidence. Invest hassle-free nowBlog post available at: https://www.sharesforbeginners.com/blog/vince-scully-first-guardian? CHECK OUT THESE INVESTING TOOLS: ? Level up your investing with Sharesight, Investopedia’s #1 portfolio tracker for DIY investors. Click here to save 4 months on an annual paid plan? Life Sherpa Invest helps beginners start with confidence. Invest hassle-free now? When you’re ready to go beyond ETFs, learn from the master - Tony Kynaston’s QUALITY AT VALUE. Sign up with code SFB for a 20% discount on QAV Club plan or SFBLIGHT for a free month of QAV Light? $30 Off Seeking Alpha Premium Access - proven stock ratings, data-driven insights, and institutional-grade tools for just $269 for your first year! Try the premium plan free for seven days!? START INVESTING TODAY WITH ETORODisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value.Shares for Beginners is a production of Finpods Pty Ltd. The advice shared on Shares for Beginners is general in nature and does not consider your individual circumstances. Shares for Beginners exists purely for educational an
