Latest / She's On The Money / BONUS EP: Launching our investment platform!

Transcript

BONUS EP: Launching our investment platform! · She's On The Money

• 0:00
  Speaker 1: She's on the Money. She's on the Money. Hello, and
• 0:14
  Speaker 1: welcome to She's on the Money, the podcast for millennials
• 0:18
  Speaker 1: who want financial freedom. That was colorful, Yes, and it's
• 0:21
  Speaker 1: colorful because we are so bleeping excited about this brand
• 0:25
  Speaker 1: new well, I mean, this is a bonus episode, and
• 0:28
  Speaker 1: I know you weren't expecting it, and I hope that
• 0:30
  Speaker 1: you've already listened to today's app or you're catching up
• 0:32
  Speaker 1: on whatever you're doing and you're just running around and
• 0:34
  Speaker 1: then this little epp dropped into your hot little hands.
• 0:38
  Speaker 2: Because they drop into ears. But that's okay, okay, I'll
• 0:42
  Speaker 2: cut that out.
• 0:43
  Speaker 1: Sorry. So Victoria Divine is with me as always because
• 0:48
  Speaker 1: we need to chat this amazing new thing that we're
• 0:52
  Speaker 1: we're all so excited about it, and I've cornered you.
• 0:54
  Speaker 1: I've finally gotten a minute alone with you to talk
• 0:56
  Speaker 1: about this very exciting we've got.
• 1:00
  Speaker 2: I know what you're talking about. Does everybody listening know
• 1:03
  Speaker 2: what you're talking about?
• 1:05
  Speaker 1: They never respond?
• 1:06
  Speaker 3: Oh my gosh, it's so they never ever respond.
• 1:09
  Speaker 1: So I need to talk to you and BENJII role
• 1:12
  Speaker 1: about our six park collaboration partnership partnership, relationship marriage see
• 1:20
  Speaker 1: a marriage marriage of two amazing platforms. Yeah, which is
• 1:25
  Speaker 1: super super fun. I'm genuinely so proud of this. So
• 1:28
  Speaker 1: I've obviously been teasing.
• 1:30
  Speaker 2: You guys for a little while about an investment something
• 1:33
  Speaker 2: something in the works, And finally the announcement is that
• 1:37
  Speaker 2: we have partnered with six park to bring you guys
• 1:41
  Speaker 2: a cost effective platform that goes genuinely beyond micro investing,
• 1:45
  Speaker 2: and it actually creates a way to give you guys
• 1:48
  Speaker 2: access to tailored investment advice, like genuine investment advice that
• 1:52
  Speaker 2: will put you in the right risk profile and make
• 1:54
  Speaker 2: sure you are looked after when it comes to investing
• 1:58
  Speaker 2: with ongoing support, which is obviously great.
• 2:01
  Speaker 1: But isn't that really expensive?
• 2:03
  Speaker 2: Look it can be, but we've managed to find a
• 2:05
  Speaker 2: way with our friends from six park to make sure
• 2:07
  Speaker 2: that that starts at ten bucks a month.
• 2:09
  Speaker 1: So how does it work? So if I just hand
• 2:11
  Speaker 1: you my ten dollars, does that just mean that you go, okay,
• 2:13
  Speaker 1: I'll put ten dollars into your account and we'll invest
• 2:16
  Speaker 1: that ten dollars.
• 2:17
  Speaker 2: No, absolutely not. So there are obviously some prerequisites on
• 2:20
  Speaker 2: this because it's not micro investing. It's not like the
• 2:23
  Speaker 2: platforms and the apps that we use in our community,
• 2:26
  Speaker 2: and that our community know in love right, like you
• 2:28
  Speaker 2: guys are all around spaceship and all around rais and
• 2:31
  Speaker 2: we're not going to be changing that anytime soon. Like
• 2:33
  Speaker 2: this platform is not here to tread on the toes
• 2:35
  Speaker 2: of rais or space they got No, it's okay, we're
• 2:38
  Speaker 2: too aligned to those guys.
• 2:40
  Speaker 3: They've never sponsored us. But like, guys, don't worry.
• 2:42
  Speaker 1: We would never do that to them.
• 2:43
  Speaker 2: No, I would never do that to you. I still
• 2:45
  Speaker 2: love you. But this is a way to get actual
• 2:48
  Speaker 2: investment advice, not just a fund that you put your
• 2:52
  Speaker 2: money in and it's self directed. So it's no longer
• 2:54
  Speaker 2: self directed. It is a fund that goes beyond you
• 2:57
  Speaker 2: putting your money in, and it's actually a full statement
• 2:59
  Speaker 2: of advice. And you get this big formal document that says, hey,
• 3:02
  Speaker 2: with the survey that you've done and the information you've provided,
• 3:06
  Speaker 2: we think this is going to be the best way
• 3:08
  Speaker 2: for you to personally invest. And then you have to
• 3:10
  Speaker 2: sign off on your statement of advice. So for me,
• 3:13
  Speaker 2: this is so great because we've found a way to
• 3:16
  Speaker 2: make sure that that happens on a way that is actually.
• 3:19
  Speaker 3: Far more accessible.
• 3:21
  Speaker 2: And that's ten bucks a month, which is also tax
• 3:24
  Speaker 2: deductible because it's an investment cost. Wow.
• 3:26
  Speaker 1: So the same way like when you go and do
• 3:28
  Speaker 1: your taxes, your accountant is tax deductible.
• 3:31
  Speaker 4: Yes.
• 3:31
  Speaker 2: Yeah, So in Australia, Like this is completely off topic.
• 3:35
  Speaker 2: This is just me talking about this state of financial advice, right.
• 3:38
  Speaker 2: It's something that all financial advisors get up in arms
• 3:41
  Speaker 2: with because we all have to write a statement of
• 3:43
  Speaker 2: advice to take you on as a brand new client.
• 3:45
  Speaker 3: Like it's a non.
• 3:46
  Speaker 1: Negotiable so it's like a contract.
• 3:47
  Speaker 2: It's like a con but it's not just a contract.
• 3:50
  Speaker 2: It does include that, but it also is a really
• 3:52
  Speaker 2: big document that states all of the reasons why I
• 3:56
  Speaker 2: believe that the advice I'm putting on the table is
• 3:58
  Speaker 2: the best possible outcome for you. Takes into consideration your
• 4:01
  Speaker 2: whole personal situation, your financial situation, the goals that you're
• 4:06
  Speaker 2: trying to achieve, and it's that alloolved. Yeah, it's really
• 4:10
  Speaker 2: involved and like some of them can be eighty eighty
• 4:12
  Speaker 2: ish pages, like literally because they're so compliance driven and
• 4:16
  Speaker 2: they take a really long time to write. It costs
• 4:19
  Speaker 2: us a lot of money to do, right, But in Australia,
• 4:22
  Speaker 2: that's not a tax deductible cost. Like, it's not categorized
• 4:26
  Speaker 2: as a tax deductible cost. It's only the investment fees
• 4:29
  Speaker 2: that you pay after that, or the ongoing maintenance fees
• 4:31
  Speaker 2: that you pay after that that's tax deductible. So in Australia,
• 4:35
  Speaker 2: like financial advisors feel a little bit stooged because you
• 4:38
  Speaker 2: can't claim the setup of your investment on tax, which sucks.
• 4:43
  Speaker 1: But with our fancy dancing new investing platform with our
• 4:46
  Speaker 1: friends at six Park that have been noted in our fees.
• 4:49
  Speaker 2: Yeah, you have absolutely no statement of advice fee, yet
• 4:53
  Speaker 2: you still get a statement of advice, which is the
• 4:54
  Speaker 2: money win.
• 4:55
  Speaker 1: So is there like some weird secret hidden signa fee
• 5:00
  Speaker 1: or something. Is that what I'm missing or is it
• 5:02
  Speaker 1: actually just ten dollars a month?
• 5:03
  Speaker 2: No, it starts at nine ninety five a month, and
• 5:06
  Speaker 2: I can go across all of the costs, and I
• 5:07
  Speaker 2: mean it's probably better for us to be really deep
• 5:09
  Speaker 2: in this episode because obviously you can head to our
• 5:11
  Speaker 2: website to see the pricing and have a bit of
• 5:13
  Speaker 2: a peruse, but not everybody spends the time actually deep diving,
• 5:16
  Speaker 2: because like who actually goes and reads the financial services guide.
• 5:20
  Speaker 3: Not many people.
• 5:21
  Speaker 2: I mean a lot of you guys have been asking
• 5:23
  Speaker 2: for it, which is great, and you can find it
• 5:24
  Speaker 2: at the bottom of our website as well. That's very
• 5:26
  Speaker 2: easy to find. But it's nine ninety five a month
• 5:29
  Speaker 2: on account balances between five thousand and nineteen thousand, nine
• 5:33
  Speaker 2: hundred and ninety nine dollars. And then it becomes a
• 5:36
  Speaker 2: percentage based feed based on the amount of money that
• 5:38
  Speaker 2: you've got invested, because it just.
• 5:40
  Speaker 4: Makes more sense that way, and that would be a
• 5:42
  Speaker 4: base amount that would be quite standard across most financial advice. Yeah, absolutely, relationships.
• 5:48
  Speaker 4: I guess well, it would come down to a percentage.
• 5:50
  Speaker 2: Yeah, and the standard when it comes to like, let's
• 5:53
  Speaker 2: compare these apples for apples. When we are saying financial advice,
• 5:57
  Speaker 2: we're not saying, oh, what about the raise feace And
• 5:59
  Speaker 2: we can get into that later because I know you
• 6:00
  Speaker 2: want to ask me about that, because a lot of
• 6:02
  Speaker 2: the community has been like, what's the difference between RAIS
• 6:04
  Speaker 2: and this option? And there are actually a lot and
• 6:07
  Speaker 2: I have my pros and cons list, so you guys
• 6:09
  Speaker 2: better listen out. So the average financial advisor charge is
• 6:12
  Speaker 2: about one percent of funds under management or fun as
• 6:15
  Speaker 2: we call it yeah fancy. It's just like one of
• 6:18
  Speaker 2: those acronyms you can start throwing around and be like, oh,
• 6:20
  Speaker 2: what fun have you got?
• 6:21
  Speaker 1: Oh yeah, that's my percentage fum Yeah, all good.
• 6:25
  Speaker 3: Anyway, that is how it works.
• 6:26
  Speaker 2: But when it comes to the six park pricing, the
• 6:30
  Speaker 2: next step up is between twenty thousand dollars and two
• 6:33
  Speaker 2: hundred thousand dollars your charge to zero point five percent
• 6:36
  Speaker 2: of your funds under management pern on account balances between
• 6:39
  Speaker 2: that amount, which means if we compared it to the
• 6:42
  Speaker 2: traditional model of financial advice, had you invested like, let's
• 6:46
  Speaker 2: say twenty five thousand dollars, you would be paying two
• 6:49
  Speaker 2: hundred and fifty dollars in ongoing fees for that ye,
• 6:53
  Speaker 2: not taking into consideration that you had to pay a
• 6:55
  Speaker 2: big upfront statement of advice fee and any other management
• 6:58
  Speaker 2: fees that they potentially would do. That's just the investment
• 7:01
  Speaker 2: component on six park that is zero point five percent,
• 7:05
  Speaker 2: which would make it one hundred and twenty five dollars.
• 7:07
  Speaker 2: So it's literally half the price for advice that I
• 7:09
  Speaker 2: genuinely have vetted and would give myself.
• 7:12
  Speaker 1: So why how have we made it so cheap that
• 7:15
  Speaker 1: sounds like a fake question, but honestly, like, how because.
• 7:19
  Speaker 2: I'm automated At the end of the day, it's because
• 7:21
  Speaker 2: it's automated. And six Park have this really fantastic platform
• 7:25
  Speaker 2: that they've spent literally years creating, and I'm not going
• 7:29
  Speaker 2: to try and reinvent the wheel, Like I think a
• 7:31
  Speaker 2: lot of people were expecting me to come out with
• 7:33
  Speaker 2: my brand new, shiny advice platform and.
• 7:36
  Speaker 1: We're good, but we're not that good.
• 7:37
  Speaker 3: Look no.
• 7:38
  Speaker 2: But I also just don't believe in reinventing the wheel,
• 7:41
  Speaker 2: Like why fix something if it's not broken and somebody
• 7:44
  Speaker 2: else has already done an epic job of it. It
• 7:46
  Speaker 2: would actually be wildly irresponsible of me, as a financial
• 7:49
  Speaker 2: advisor who runs her own wealth business, who goes and
• 7:52
  Speaker 2: actually podcasts ninety percent of the week away, How do
• 7:56
  Speaker 2: you genuinely think I would go and create a platform
• 8:00
  Speaker 2: that was well diversified enough and genuinely researched enough and
• 8:03
  Speaker 2: keep up with it to be my personal investment recommendations.
• 8:07
  Speaker 2: And I guess that's why at this point in time,
• 8:09
  Speaker 2: I'm not taking on personal clients because I don't have
• 8:12
  Speaker 2: the capacity to service them, and the next best step
• 8:16
  Speaker 2: is finding how can we automate this process? And that
• 8:20
  Speaker 2: flows into the question of like, well, why is it
• 8:22
  Speaker 2: only investment, not soubernuation and not insurance. And my answer
• 8:27
  Speaker 2: to that is because I genuinely haven't found a solution
• 8:29
  Speaker 2: that automates those things to a level I would be
• 8:31
  Speaker 2: comfortable with. Whereas with those investment amounts that you are
• 8:35
  Speaker 2: making on six Park, the advice is kind of a
• 8:38
  Speaker 2: no brainer once it goes through that they have these
• 8:41
  Speaker 2: really great investment platforms that I'm so excited about, and
• 8:46
  Speaker 2: they're so well diversified, and they're made up of so
• 8:49
  Speaker 2: many different ETFs.
• 8:50
  Speaker 3: That you've probably heard of.
• 8:51
  Speaker 2: They hold Vanguard ETFs and Beta Shares ETFs, which you know,
• 8:54
  Speaker 2: if you're into investing and you are directly investing in volities,
• 8:59
  Speaker 2: you'd know those names. But it doesn't mean that it
• 9:02
  Speaker 2: is a solution for everybody. Right, you might want to
• 9:05
  Speaker 2: go and invest on your own and b a dy
• 9:07
  Speaker 2: investory might go v I don't want to pay another
• 9:10
  Speaker 2: fee to invest when I can just go buy an
• 9:12
  Speaker 2: ETF on my own, which is absolutely well and fair.
• 9:15
  Speaker 2: Like we're throwing this into the ring as a really
• 9:17
  Speaker 2: great option. We're not saying it's the only option that
• 9:19
  Speaker 2: is available to you, guys, and I want you to
• 9:22
  Speaker 2: do your research, Like how many times have I said
• 9:24
  Speaker 2: on this podcast, please go do your own run, inform yourself,
• 9:28
  Speaker 2: inform yourself and make sure it's the right decision. Please
• 9:31
  Speaker 2: don't jump on this because it's a she's on the
• 9:33
  Speaker 2: money thing, and you know, I'm so grateful to have
• 9:35
  Speaker 2: your trust if you are jumping onto that, but please
• 9:38
  Speaker 2: go compare it.
• 9:39
  Speaker 3: What is the.
• 9:40
  Speaker 2: Outcome that you're trying to achieve? Is this the right
• 9:42
  Speaker 2: solution for you? And we've tried to provide as much
• 9:45
  Speaker 2: information as possible on the website so you can go, oh, yeah,
• 9:49
  Speaker 2: that makes sense. But if you're an accomplished investor, maybe
• 9:52
  Speaker 2: you do want to do it on your own and
• 9:53
  Speaker 2: you're completely capable. But this is genuine advice that not
• 9:58
  Speaker 2: only just tells you, hey, Tony, this is you might
• 10:00
  Speaker 2: want to invest, but it furthers it and gives you
• 10:03
  Speaker 2: the ongoing support that.
• 10:05
  Speaker 3: You might need.
• 10:06
  Speaker 2: So you might want to call a financial advisor and
• 10:08
  Speaker 2: be like, hey, what is my fund doing?
• 10:09
  Speaker 3: How does this work? What does this mean? Six pack
• 10:12
  Speaker 3: provide that?
• 10:13
  Speaker 1: So it was going to be my next question before
• 10:15
  Speaker 1: you said, oh, they've figured out a way to automate
• 10:17
  Speaker 1: these systems and that's why it's so cheap. But does
• 10:19
  Speaker 1: that mean because that scares people right when you hear
• 10:22
  Speaker 1: that it's automated. So does that mean that I'm calling
• 10:25
  Speaker 1: up and talking to a robot on the phone or
• 10:27
  Speaker 1: do I have access to someone?
• 10:29
  Speaker 2: Absolutely not, you have access to somebody. All of the
• 10:32
  Speaker 2: processes automated though, So when you do financial advice, you
• 10:36
  Speaker 2: feel in a fact find and you feel in a
• 10:38
  Speaker 2: risk profile assessment, and those parts have been automated, and
• 10:43
  Speaker 2: with all of their algorithms in the back end, they
• 10:45
  Speaker 2: would spit out an outcome that makes sense.
• 10:48
  Speaker 1: Yeah, like science technology, like smart people stuff.
• 10:51
  Speaker 3: Guys.
• 10:52
  Speaker 2: Obviously I couldn't create that myself. That's why I needed
• 10:55
  Speaker 2: That's fine, yeah, obviously, but it's one of those things
• 10:59
  Speaker 2: where this just makes sense. So the automation part of that,
• 11:03
  Speaker 2: it's kind of the no brainer. It's like the start position.
• 11:06
  Speaker 2: But you can ask them questions. They will, on an
• 11:08
  Speaker 2: ongoing basis rebalance your investments when it's necessary, which means
• 11:13
  Speaker 2: that they're going to take all of the investments that
• 11:15
  Speaker 2: are in action or your trading strategy and bring the
• 11:18
  Speaker 2: portfolio up in a way to make sure that it's
• 11:20
  Speaker 2: always on target for your asset allocation and what your
• 11:23
  Speaker 2: risk profile is, because over time, you know, if you're
• 11:26
  Speaker 2: just investing into one etf like, there are changes that
• 11:29
  Speaker 2: need to be made. And you have access to a
• 11:30
  Speaker 2: really beautiful customer support team who are there to guide
• 11:33
  Speaker 2: you through your journey an sway literally any questions that
• 11:37
  Speaker 2: you might have, and.
• 11:38
  Speaker 1: That are actually constantly servicing your.
• 11:40
  Speaker 3: Twenty four to seven their job I have gone through.
• 11:43
  Speaker 2: I cannot tell you how many people I've met who
• 11:45
  Speaker 2: have different platforms that obviously, look, let's be really blunt,
• 11:49
  Speaker 2: She's on the money, has so many beautiful community members
• 11:52
  Speaker 2: in it, and we have such a beautiful level of
• 11:55
  Speaker 2: trust that I wanted to make sure we found the
• 11:58
  Speaker 2: right solution, not just the shiny solution that could be
• 12:01
  Speaker 2: sold to me, so that you guys got access to it,
• 12:04
  Speaker 2: because people wanted that opportunity, and it just wasn't the
• 12:07
  Speaker 2: right thing to do. And then when six Park came along,
• 12:10
  Speaker 2: and I looked at all of their portfolios and the
• 12:12
  Speaker 2: way they work, and you know, I've met with every
• 12:14
  Speaker 2: single person on their team and had a conversation with
• 12:17
  Speaker 2: them and understood where are you from what was your history?
• 12:20
  Speaker 2: How do you work?
• 12:21
  Speaker 3: Why are you here?
• 12:22
  Speaker 1: Like an actual job about it?
• 12:24
  Speaker 2: Yeah? All these people, why would you do this? And
• 12:27
  Speaker 2: I've literally gone back and forth and they've recently introduced
• 12:30
  Speaker 2: sustainable investing. And this is why it's taken so long,
• 12:33
  Speaker 2: because I didn't want to present this to my community
• 12:36
  Speaker 2: until there were sustainable and ethical options on the table
• 12:39
  Speaker 2: for you guys, because it didn't align to my values.
• 12:42
  Speaker 2: And the sustainable options that they've chosen are really popular
• 12:46
  Speaker 2: options in the community already. Like we're not talking about
• 12:50
  Speaker 2: reinventing the wheel, right, they are picking a portfolio of
• 12:54
  Speaker 2: great ETFs for you if you want the support. We
• 12:57
  Speaker 2: are absolutely not saying this is the only way to invest.
• 13:00
  Speaker 3: Of course, the moneyway, Yeah, it's not.
• 13:02
  Speaker 2: We are just making advice more accessible and accessible.
• 13:06
  Speaker 1: Obviously that's all well and good, But five thousand dollars.
• 13:08
  Speaker 1: I don't have a spare five thousand dollars.
• 13:11
  Speaker 2: And that's a very good point, Tony, And so many
• 13:14
  Speaker 2: people in our community have brought that up, and you're right,
• 13:17
  Speaker 2: they don't. But this is not trying to replace a
• 13:20
  Speaker 2: raise or a spaceship or your safe.
• 13:22
  Speaker 1: Because in a raise, I can invest ten cents a
• 13:24
  Speaker 1: day after it's rounded up my three dollars ninety for
• 13:26
  Speaker 1: a coffee. Yeah.
• 13:27
  Speaker 2: Absolutely, And that's one of the key differences here between
• 13:30
  Speaker 2: Rays and six Park And you know, I, you know what,
• 13:33
  Speaker 2: I'm going to create a blog comparing them all because
• 13:36
  Speaker 2: I feel like there's been a little bit of confusion
• 13:38
  Speaker 2: around what it is because we're not a Raise, we're
• 13:40
  Speaker 2: not a spaceship, We're not trying to compete in those
• 13:42
  Speaker 2: spaces In fact, I still want you to use those
• 13:45
  Speaker 2: platforms and learn about investing and start your journey. And
• 13:49
  Speaker 2: once you get to the point where you're like, Victoria,
• 13:51
  Speaker 2: what is next? What comes next? How do I access
• 13:54
  Speaker 2: financial advice? Because I now have five thousand dollars in
• 13:58
  Speaker 2: my platform, then you're more than welcome to.
• 14:01
  Speaker 1: So this is purely for if I outgrow Raise. So
• 14:03
  Speaker 1: if I.
• 14:04
  Speaker 2: Feel like your outgrowing rais or spaceship or want to
• 14:07
  Speaker 2: take it to the next level and get proper advice,
• 14:10
  Speaker 2: this is where we are going for investment advice. So
• 14:13
  Speaker 2: we're not trying to replace these solutions, we are trying
• 14:17
  Speaker 2: to compliment them. Because in our community, the amount of
• 14:20
  Speaker 2: messages I get they say, hey, Victoria, I've been microinvesting
• 14:23
  Speaker 2: for the last eighteen months and listening to the podcast,
• 14:25
  Speaker 2: and I'm so motivated and inspired. We've got a recommendation
• 14:28
  Speaker 2: of a financial advisor.
• 14:29
  Speaker 3: I can talk to.
• 14:30
  Speaker 2: They go, yeah, I would love to do that, but
• 14:33
  Speaker 2: so many times you just don't have the funds available
• 14:37
  Speaker 2: to pay for financial.
• 14:38
  Speaker 1: Advice and then invest on top of that, exactly. So
• 14:42
  Speaker 1: it's all well and good to have the minimum three
• 14:44
  Speaker 1: thousand dollars fee to go to a financial advisor, but
• 14:47
  Speaker 1: if that's all the money that you've got saved, then
• 14:49
  Speaker 1: that's not going to do any favors exactly.
• 14:51
  Speaker 2: And as you said before, raise is a really great option.
• 14:54
  Speaker 2: It is a round up option. However, the way you
• 14:56
  Speaker 2: would have got access to that is downloading it on
• 14:58
  Speaker 2: your phone and just selecting a profile, because which one
• 15:00
  Speaker 2: do you pick? And the amount of times you guys
• 15:02
  Speaker 2: are posted in our community being like which profile, Diegey,
• 15:04
  Speaker 2: and I go, no, this is serious. You need to
• 15:07
  Speaker 2: go through a risk assessment like this is well, this
• 15:10
  Speaker 2: is going to finished chat about that, But I don't
• 15:15
  Speaker 2: want people to pick it because other people are picking it.
• 15:17
  Speaker 2: That is not how investing works. It needs to be
• 15:20
  Speaker 2: personal to you because personal finance is that it is
• 15:23
  Speaker 2: personal and Raise is actually a self directed micro investing platform.
• 15:28
  Speaker 2: Self directed is the key there. Whereas six Park you
• 15:31
  Speaker 2: actually get a statement of advice and your personal situation
• 15:34
  Speaker 2: has been taken into consideration and what you're investing and
• 15:37
  Speaker 2: what returns you're expecting in relation to your risk profile
• 15:41
  Speaker 2: and how well it's going to go. And I think
• 15:43
  Speaker 2: that that is really important, and that is the key
• 15:46
  Speaker 2: difference here, like we're not I know, raises three dollars
• 15:49
  Speaker 2: fifty a month for a standard portfolio under fifteen grand
• 15:52
  Speaker 2: whereas WIN nine ninety five.
• 15:54
  Speaker 3: That's obviously a significant difference. But there are a whole heap.
• 15:58
  Speaker 2: Of differences, and I'll go through them because I've actually
• 16:00
  Speaker 2: listed off a number of them because I think they're
• 16:01
  Speaker 2: really important. But we are consistent advice, ongoing advice to
• 16:05
  Speaker 2: make sure that you're consistently okay, and it includes any
• 16:09
  Speaker 2: revisions of advice that you might need and updates and
• 16:12
  Speaker 2: access to a financial advisor to ask questions. And it's
• 16:15
  Speaker 2: just a different solution, Tony. It's just a different option.
• 16:20
  Speaker 2: It's not comparing apples with apples and going, oh yeah,
• 16:23
  Speaker 2: but the fees over on Raise much much Lower.
• 16:25
  Speaker 1: Because when it's not comparable, well, you're not trying to
• 16:28
  Speaker 1: replace that.
• 16:29
  Speaker 2: Absolutely, I'm not trying to replace that, and I never
• 16:32
  Speaker 2: want to because I think that they're great platforms, and you.
• 16:34
  Speaker 3: Guys know I use both of them.
• 16:35
  Speaker 2: Yeah, But if we want to take some other comparisons,
• 16:38
  Speaker 2: which I've said historically are really important, I want you
• 16:41
  Speaker 2: guys to be the underlying owner of your asset, right
• 16:45
  Speaker 2: something like Rays, you don't actually get the underlying asset.
• 16:48
  Speaker 2: That investment is not registered in your name. They are
• 16:51
  Speaker 2: held by a custodian, which is RAISE, and you don't
• 16:53
  Speaker 2: actually have access to that, Whereas through six Park, the
• 16:56
  Speaker 2: investments are registered in your name and you actually retain
• 17:00
  Speaker 2: legal ownership of them, which is really cool because we're
• 17:02
  Speaker 2: growing a portfolio that you own and you're in control of.
• 17:06
  Speaker 2: And I think that that's so powerful. And if you
• 17:08
  Speaker 2: compare it to RAISE again, when it comes to sustainable options,
• 17:11
  Speaker 2: which I'm obviously really passionate about, there's one option there
• 17:15
  Speaker 2: is Emerald, and it's great, fantastic, I'm so glad you
• 17:18
  Speaker 2: guys have access to that, But we have five different
• 17:20
  Speaker 2: options based on your risk profile, and I think that
• 17:23
  Speaker 2: that's really powerful because if you've only got one option
• 17:26
  Speaker 2: and the ethical option doesn't have a risk profile that's
• 17:29
  Speaker 2: aligned to your values and what you're trying to achieve,
• 17:32
  Speaker 2: you kind of feel a little bit swayed into picking
• 17:34
  Speaker 2: that one option.
• 17:35
  Speaker 3: Yeah, with no level of.
• 17:36
  Speaker 2: Risk being taken into consideration, it just to me doesn't
• 17:40
  Speaker 2: make sense. Yeah, you're right, it's not going to be
• 17:42
  Speaker 2: for everybody, and it's not going to be, you know,
• 17:44
  Speaker 2: super accessible. And I don't want people to be disappointed
• 17:47
  Speaker 2: because I've launched this product and you are hoping to
• 17:49
  Speaker 2: buy in.
• 17:49
  Speaker 3: For two dollars.
• 17:50
  Speaker 2: Like, I feel like it would be really unethical of
• 17:53
  Speaker 2: me to have the values I have, which is really
• 17:56
  Speaker 2: good quality financial advice and getting that, and then start
• 17:59
  Speaker 2: a platform where I invest for two dollars or five
• 18:02
  Speaker 2: dollars or whatever it is because I can't well diversify you.
• 18:05
  Speaker 2: I'm not there for the long term. I'm not there
• 18:07
  Speaker 2: for the journey. And for me, this was creating a
• 18:10
  Speaker 2: platform that could last you till retirement if you want
• 18:13
  Speaker 2: to stay there.
• 18:14
  Speaker 1: Yeah. I think the interesting thing that you've brought up
• 18:16
  Speaker 1: that I've actually learned while we've been chatting is that
• 18:19
  Speaker 1: all of the number crunching is robots, but you actually
• 18:23
  Speaker 1: are chatting with people, which I didn't know that you
• 18:26
  Speaker 1: had access to a person, which in these situations, I mean,
• 18:30
  Speaker 1: and we're talking about five thousand dollars as a minimum,
• 18:33
  Speaker 1: which is a lot of money for people to invest with,
• 18:35
  Speaker 1: especially if it's their first time post going with Rais
• 18:38
  Speaker 1: or whatever. But to know that you've got someone that
• 18:40
  Speaker 1: can hold your hand and you know, make you feel
• 18:43
  Speaker 1: a bit better about it and reassure you. And also
• 18:46
  Speaker 1: for me, and this isn't me blowing smoke up your bottom,
• 18:48
  Speaker 1: because I love you and because we work together, but
• 18:51
  Speaker 1: also if it's something that you've talked about and that
• 18:53
  Speaker 1: we're opening up to our community, I know that it's
• 18:55
  Speaker 1: something you trust. Yeah. Absolutely, I've seen the pictures of
• 18:58
  Speaker 1: the people from six Park Can they look like.
• 19:00
  Speaker 2: Oh okay, that's what makes it really they are, But
• 19:03
  Speaker 2: you've also met them and you've seen in the background
• 19:05
  Speaker 2: how many conversations I'm having around how you missed life
• 19:08
  Speaker 2: and making sure it does align to our community and
• 19:11
  Speaker 2: even just like the wording on the website, and I'm like,
• 19:13
  Speaker 2: oh my gosh, I want it to be perfect. I
• 19:14
  Speaker 2: want people to really understand what we're trying to bring
• 19:17
  Speaker 2: to life here because I didn't want to be compared
• 19:20
  Speaker 2: to Raise or Spaceship, which was kind of inevitable because that's,
• 19:23
  Speaker 2: I guess, the easiest thing to compare to, right, whereas
• 19:26
  Speaker 2: in reality you should be comparing it to actual financial advice,
• 19:30
  Speaker 2: Like how much would it have cost you to go
• 19:32
  Speaker 2: and actually see someone in person to get that advice
• 19:34
  Speaker 2: written and then have ongoing contact with them. It's really expensive. Yes,
• 19:39
  Speaker 2: there is the initial hurdle of five thousand dollars to invest,
• 19:42
  Speaker 2: and to be honest, if you have less than five
• 19:44
  Speaker 2: thousand dollars to invest, you can still use the platform
• 19:46
  Speaker 2: if you want what will happen? So you take the
• 19:49
  Speaker 2: assessment and then after you've agreed to your financial advice
• 19:52
  Speaker 2: and you signed off on your SLA six, Park will
• 19:55
  Speaker 2: set you up with your cash management brokerage accounts, but
• 19:57
  Speaker 2: they just won't trade on your behalf until you have
• 20:00
  Speaker 2: a minimum of five thousand dollars. So you can go
• 20:02
  Speaker 2: and get the advice if you really want to, and
• 20:04
  Speaker 2: they'll say, yep, cool. When you get to this point,
• 20:06
  Speaker 2: this is how you would invest. And you know, if
• 20:08
  Speaker 2: you're working up to your five thousand dollars to be invested.
• 20:11
  Speaker 2: You can use that as the contribution hub, right, you
• 20:13
  Speaker 2: can start contributing to that, so it's in your actual
• 20:17
  Speaker 2: cash management hub, and it's a part of your investment strategy,
• 20:20
  Speaker 2: and once it hits five thousand dollars or more, they
• 20:23
  Speaker 2: will invest your money into your carefully selected portfolio, which
• 20:26
  Speaker 2: I think is really important. And the reason that hurdle
• 20:28
  Speaker 2: is there is actually for your own protection. It's not
• 20:31
  Speaker 2: because we don't want you to get good quality financial
• 20:34
  Speaker 2: advice on less money. At the end of the day,
• 20:36
  Speaker 2: I'm sorry, but you're not going to retire with five
• 20:38
  Speaker 2: thousand dollars like you need more money than that to
• 20:41
  Speaker 2: actually invest for the long term. We are contributing to
• 20:44
  Speaker 2: it on a consistent basis, but we want to do
• 20:47
  Speaker 2: that in the most responsible way, and for us to
• 20:51
  Speaker 2: do that, you need five thousand dollars to make sure
• 20:53
  Speaker 2: that we are across the board well diversified and are
• 20:56
  Speaker 2: providing good quality advice. Anything less than that and it
• 21:00
  Speaker 2: just becomes really fickle. And that's where we say, you
• 21:02
  Speaker 2: know what, Enjoy your micro investing platforms, Enjoy spaceship, enjoy raising,
• 21:07
  Speaker 2: enjoy all of the other options you've got, or just
• 21:09
  Speaker 2: save until you get that point. But I have had
• 21:12
  Speaker 2: a lot of people slide into my dms and say
• 21:13
  Speaker 2: heavy Drier, like I want five grand, Like I still
• 21:16
  Speaker 2: want to be on the platform.
• 21:17
  Speaker 3: You can be.
• 21:18
  Speaker 2: You absolutely can be, And I think that's really special
• 21:21
  Speaker 2: that you guys really want to be involved. But I
• 21:23
  Speaker 2: only want you to do it if it works for
• 21:25
  Speaker 2: you personally.
• 21:26
  Speaker 1: Because this is just another great option out of all
• 21:29
  Speaker 1: of the paths you can take to investing or micro
• 21:32
  Speaker 1: investing or whatever. This is just another option for you.
• 21:44
  Speaker 1: So as if this was a money Diary episode, Yes,
• 21:48
  Speaker 1: I want to know the pervy details. Of course you do,
• 21:50
  Speaker 1: so nine ninety five a month. What are you? What
• 21:53
  Speaker 1: are you getting for that? Should I just go a
• 21:55
  Speaker 1: straight person?
• 21:56
  Speaker 2: What?
• 21:56
  Speaker 3: How am I being passed?
• 21:57
  Speaker 1: Yea? How we how are we doing? Or should I
• 22:00
  Speaker 1: just go straight to six Park? Like what's there?
• 22:02
  Speaker 2: You can go straight to six Park? Absolutely you can.
• 22:05
  Speaker 2: It's the same price. Like, we have not increased the
• 22:07
  Speaker 2: price for shees on the Money members because that would
• 22:09
  Speaker 2: be wildly unethical, Like that is not who we are.
• 22:12
  Speaker 2: We haven't slapped a pink tax on it and just
• 22:14
  Speaker 2: gone you know what, it's peach, So it's more expensive.
• 22:16
  Speaker 2: This isn't raisers, my friend, this is genuine advice that
• 22:20
  Speaker 2: I genuinely believe you.
• 22:21
  Speaker 3: Deserve access to.
• 22:23
  Speaker 2: And to be honest, we have the platform, like we've
• 22:25
  Speaker 2: got these beautiful shees on the money community and it
• 22:28
  Speaker 2: seems only fair to share that. But on top of
• 22:31
  Speaker 2: the access to six Park, which you guys obviously will get,
• 22:34
  Speaker 2: and that team I actually have, I guess you could say,
• 22:37
  Speaker 2: like a level of guardianship over our community. So I
• 22:40
  Speaker 2: have the ability to log in and see you guys
• 22:42
  Speaker 2: as my quote clients, and I have the ability to
• 22:45
  Speaker 2: see what's going on in your portfolios and make sure
• 22:48
  Speaker 2: that from my perspective, they're all running well and they're
• 22:50
  Speaker 2: performing and I'm happy with it. Like that's something that
• 22:52
  Speaker 2: I'm going to be meticulous about checking and making sure
• 22:55
  Speaker 2: that we're on the same page with six Park. And
• 22:58
  Speaker 2: you know, if I ever have any concerns, which I
• 23:00
  Speaker 2: haven't yet, but if I ever have any concerns, or
• 23:02
  Speaker 2: you guys have any concerns, I want you to come
• 23:04
  Speaker 2: straight to me so that I can address it, because
• 23:06
  Speaker 2: it's not as though I'm just referring them to six
• 23:09
  Speaker 2: Park and clipping the ticket and getting a referral fee.
• 23:11
  Speaker 3: That is absolutely not the.
• 23:13
  Speaker 2: Case, and in any event that the partnership ends up
• 23:15
  Speaker 2: making money, then six Park will share a part of
• 23:17
  Speaker 2: the revenue from their management fee with me and nothing extra.
• 23:21
  Speaker 1: You're actually being our fairing investment godmother.
• 23:24
  Speaker 2: Exactly, And like the benefit for me, there is more
• 23:27
  Speaker 2: long term. If you want me to be completely blunt
• 23:30
  Speaker 2: about that, it's you know, at some point some of
• 23:33
  Speaker 2: you will convert into being really big investment clients.
• 23:37
  Speaker 1: Yeah, which is what you want. You want us to be.
• 23:40
  Speaker 2: I want to be exactly, but not in that way.
• 23:44
  Speaker 2: I just want you to be financially stable. This is
• 23:47
  Speaker 2: a really great way to start investing properly. But then
• 23:51
  Speaker 2: also I'll be able to see if you're investing two
• 23:54
  Speaker 2: hundred thousand dollars a month, and I'll go, you know what,
• 23:56
  Speaker 2: probably a little bit beyond that type of advice. It's
• 23:59
  Speaker 2: time to graduate, wait into something bigger and get some
• 24:01
  Speaker 2: more holistic advice and you know, plug in your insurances
• 24:05
  Speaker 2: and plug in your super and I'll be able to
• 24:06
  Speaker 2: see all of that. So for me, it's an opportunity
• 24:09
  Speaker 2: to create an environment where you can invest with good
• 24:12
  Speaker 2: quality advice that ultimately helps me be here for the
• 24:16
  Speaker 2: journey for the next twenty thirty forty years, because lord knows,
• 24:19
  Speaker 2: that's how long I'll be talking about financial literacy.
• 24:21
  Speaker 1: My god, you're going to be here with me for
• 24:23
  Speaker 1: twenty thirty forty.
• 24:24
  Speaker 2: Years, I hope, So please don't leave me.
• 24:27
  Speaker 1: Are we're going to run out of things to talk about? Look?
• 24:29
  Speaker 2: Probably not on this episode though.
• 24:32
  Speaker 1: Yeah. No, I've definitely got way more questions. So we
• 24:34
  Speaker 1: put out a little post to our lovely community and
• 24:38
  Speaker 1: we had a ques.
• 24:38
  Speaker 3: You did, I have everything to do.
• 24:40
  Speaker 1: I do all the work here.
• 24:41
  Speaker 2: Yeah, you were like, I am going to be asking
• 24:43
  Speaker 2: Victoria questions. She doesn't consent just yet, but whatever will
• 24:47
  Speaker 2: buller into it.
• 24:48
  Speaker 1: Yep, it is how it works. And we had someone
• 24:52
  Speaker 1: ask what's the difference between this and this being our
• 24:55
  Speaker 1: six Park partnership and a managed fund?
• 24:59
  Speaker 3: Okay, so good question.
• 25:01
  Speaker 1: I didn't answer. Ask it someone else who is smarter
• 25:04
  Speaker 1: than me.
• 25:04
  Speaker 2: Yes, okay, no problems, that makes sense, like not being rude,
• 25:09
  Speaker 2: but I was like, managed fund today, You're like ETF
• 25:11
  Speaker 2: what anyway? Your assets with six Park are actually held
• 25:16
  Speaker 2: in your name, which I've already said on this podcast,
• 25:19
  Speaker 2: but that's really important, and each ETF not just like one,
• 25:23
  Speaker 2: all of them will be held in your name, so
• 25:25
  Speaker 2: unlike a managed fund or your micro investing platforms, which
• 25:28
  Speaker 2: don't allow you that level of ownership. Right, So the
• 25:32
  Speaker 2: six Park advice is solely limited to investment management, which,
• 25:36
  Speaker 2: you know what could be a downside because it's not
• 25:38
  Speaker 2: holistic financial advice. It doesn't take into consideration your supranuation,
• 25:43
  Speaker 2: It doesn't take into consideration your insurance needs. But nor
• 25:47
  Speaker 2: do we want it to, because I just don't think
• 25:49
  Speaker 2: that there's a holistic platform out there that's going to
• 25:51
  Speaker 2: provide you with the solution that you need.
• 25:54
  Speaker 1: Like it's just that one size fits all doesn't exist exactly.
• 25:57
  Speaker 2: So six Park are actually helping by providing an investment
• 26:00
  Speaker 2: recommendations that are aligned to your plans and your horizons
• 26:03
  Speaker 2: and what you're planning on doing. They not only set
• 26:06
  Speaker 2: it up, but they manage your regular reinvesting, which adds
• 26:09
  Speaker 2: to long term returns by the way, which is kind
• 26:12
  Speaker 2: of sexy Tona Roddy.
• 26:14
  Speaker 1: I agree. So to sum up, we've been from the
• 26:16
  Speaker 1: top to the bottom of this and how it's going
• 26:17
  Speaker 1: to work and how we're going to help people get
• 26:20
  Speaker 1: their money working for them, and we've said This is
• 26:22
  Speaker 1: a really exciting opportunity for us and for our community
• 26:25
  Speaker 1: to be part of our team and the six Park team.
• 26:28
  Speaker 1: And I know that you said you're not going to
• 26:29
  Speaker 1: be a millionaire from this or anything. Why do it?
• 26:32
  Speaker 1: What's the benefit for us as a as a brand
• 26:35
  Speaker 1: to kind of be part of.
• 26:36
  Speaker 3: This habits she's on the money platform.
• 26:38
  Speaker 2: Yeah, well, that's actually a really good question, and I'm
• 26:41
  Speaker 2: really glad that we're addressing it just purely because I
• 26:44
  Speaker 2: want you guys to feel like I am open and
• 26:46
  Speaker 2: honest and transparent with you, because there's nothing I won't answer,
• 26:49
  Speaker 2: Like I feel like I often give too much more
• 26:52
  Speaker 2: that I often feel like I give more than what
• 26:54
  Speaker 2: I need to give because I'm like, nah, guys, like legit,
• 26:56
  Speaker 2: I did my research stuff. Yeah, I don't want you
• 26:59
  Speaker 2: to feel uncomfort with anything.
• 27:00
  Speaker 3: And do you know what? Money makes everybody uncomfortable?
• 27:03
  Speaker 2: And they're so quick to jump to a conclusion and go,
• 27:05
  Speaker 2: oh my god, Victoria's got a platform nine ninety five
• 27:08
  Speaker 2: a month.
• 27:08
  Speaker 3: Oh well raises three fifty a month. That is awful.
• 27:10
  Speaker 2: Those fees are exhobitant, and you go, yeah, okay, if
• 27:13
  Speaker 2: we're just looking like for like, but they're not actually
• 27:16
  Speaker 2: the same offering. Yeah, like this is a full investment
• 27:19
  Speaker 2: strategy tailored to you. There is a hurdle to get in.
• 27:22
  Speaker 2: It is five thousand dollars. You're not going to be
• 27:24
  Speaker 2: able to jump on it with your first five hundred,
• 27:27
  Speaker 2: nor do I want you to jump on straight away.
• 27:30
  Speaker 2: I actually want you to get to that first five
• 27:32
  Speaker 2: thousand dollars because this is that next step. I'm not
• 27:35
  Speaker 2: asking you to do it in replacement of Rais or
• 27:37
  Speaker 2: in replacement of Spaceship or you know, you round up
• 27:40
  Speaker 2: whatever app you'll.
• 27:41
  Speaker 1: Use it, but that we grow into this kind of.
• 27:43
  Speaker 2: Growing into something like this. And I'm responding to you
• 27:47
  Speaker 2: guys asking me, Victoria, I want financial advice, who do
• 27:51
  Speaker 2: I talk to? I am going to spend three thousand
• 27:53
  Speaker 2: dollars and I go far out.
• 27:54
  Speaker 1: It's just not an There has.
• 27:55
  Speaker 2: To be a solution out there that caters to this
• 27:57
  Speaker 2: gap in this massive market.
• 28:00
  Speaker 3: And six Park really fill that in.
• 28:02
  Speaker 2: And I'm really proud, genuinely so proud of what we're
• 28:05
  Speaker 2: putting on the table here with them. And it's not
• 28:07
  Speaker 2: just me going and slapping my brand on the six
• 28:10
  Speaker 2: Park portfolio and being like, Wow, I did it.
• 28:12
  Speaker 1: And charging twenty extra dollars.
• 28:14
  Speaker 2: Yeah, exactly, it's absolutely not the case. I'm actually doing
• 28:17
  Speaker 2: it to provide another level of value.
• 28:20
  Speaker 3: Because I know you guys trust me.
• 28:22
  Speaker 2: But I will have oversight over all of this, like
• 28:24
  Speaker 2: I can again and see how many of you have
• 28:26
  Speaker 2: already signed up and see what's going on, and I.
• 28:28
  Speaker 3: Just I'm excited.
• 28:29
  Speaker 2: Yeah, but I get to be on that journey with
• 28:31
  Speaker 2: you without being your direct advisor because I don't have
• 28:34
  Speaker 2: time for that. And I'm not saying it's because I
• 28:36
  Speaker 2: don't want to make it, but I literally couldn't service
• 28:39
  Speaker 2: the level of clients that we can with the six
• 28:42
  Speaker 2: park platform to the level and quality that they can,
• 28:46
  Speaker 2: Like it's epic, Like how cool would have been if
• 28:48
  Speaker 2: I'd done that all myself.
• 28:49
  Speaker 3: I wish I could.
• 28:50
  Speaker 1: Yeah, but again, then you'd really be making all the money.
• 28:52
  Speaker 2: Gosh, yeah, how might actually start making bank on this?
• 28:55
  Speaker 2: But genuinely, it's not about followers. It's not about making
• 28:58
  Speaker 2: money this. You or I could have done a lot
• 29:01
  Speaker 2: more things, Tony to make a lot more money.
• 29:02
  Speaker 1: Oh god, talk about that off yah.
• 29:04
  Speaker 2: Yeah, But it's genuinely so that I'm making investing more
• 29:07
  Speaker 2: accessible and affordable and I don't want you, guys to
• 29:10
  Speaker 2: get confused about accessible. Being five dollars accessible full investment
• 29:15
  Speaker 2: advice is very different to you being able to start
• 29:19
  Speaker 2: your investment journey on a spaceship with your first five dollars.
• 29:21
  Speaker 2: And if you want to start there, these apps are fantastic.
• 29:24
  Speaker 2: They show your investment reports, they show you the different
• 29:27
  Speaker 2: portfolios that you have choices out of, and they teach
• 29:30
  Speaker 2: you what it's like to invest and you get to
• 29:31
  Speaker 2: experience the ebbs and flows with a much less amount
• 29:34
  Speaker 2: of money, whereas when it comes to five grand, that's
• 29:37
  Speaker 2: a lot of money. I kind of don't want you
• 29:39
  Speaker 2: to be going into your first time ever investing. If
• 29:43
  Speaker 2: you're like, yeah, cool, I only want to be on
• 29:45
  Speaker 2: those shoes on the.
• 29:45
  Speaker 3: Money one, I get it.
• 29:47
  Speaker 2: But I don't want you to not have had that experience.
• 29:50
  Speaker 2: And this is why we talk about micro investing platforms,
• 29:52
  Speaker 2: and if you haven't heard our podcasts on those, go
• 29:55
  Speaker 2: back listen to the podcast on micro investing. We did
• 29:58
  Speaker 2: a part one and part two on invest and then
• 30:00
  Speaker 2: we did a whole little investment series earlier this year.
• 30:03
  Speaker 2: I genuinely want you guys to be in control of
• 30:05
  Speaker 2: your own destiny. And your own investment portfolios. This is
• 30:09
  Speaker 2: just another really great option to put into the mix,
• 30:11
  Speaker 2: which I can say I've fully vetted and get behind,
• 30:14
  Speaker 2: and I am actually on that journey with you and
• 30:17
  Speaker 2: for the people that have already joined, I'm so grateful.
• 30:19
  Speaker 2: But you'll hear from me. I will be emailing you
• 30:22
  Speaker 2: updates and telling you what's going on in the market
• 30:24
  Speaker 2: in the same way that I always explain finance, in
• 30:28
  Speaker 2: the same way that I talk to you guys in
• 30:30
  Speaker 2: our newsletter and talk to you guys across our podcast
• 30:33
  Speaker 2: in a way that I think is relatable and easy
• 30:35
  Speaker 2: to digest and just make sense, because that's what's important
• 30:38
  Speaker 2: to us exactly. Then that's why I'm so excited about
• 30:41
  Speaker 2: a platform that enables me the flexibility to talk to
• 30:44
  Speaker 2: you personally on a regular basis about your investment platform
• 30:48
  Speaker 2: while still providing really good quality investment advice.
• 30:52
  Speaker 1: I feel like this is a really good place to
• 30:54
  Speaker 1: leave it, and I hope that you are feeling as
• 30:56
  Speaker 1: excited about this as I am, because.
• 30:59
  Speaker 2: I genuinely beautiful opportunity to get more people investing or
• 31:04
  Speaker 2: at least considering it.
• 31:06
  Speaker 1: Yeah, well said, thanks for letting me. Benjiri for all
• 31:09
  Speaker 1: that info.
• 31:10
  Speaker 2: Look, I really appreciate you hustling me into a pod
• 31:13
  Speaker 2: studio so that we could do this. I think it
• 31:15
  Speaker 2: has been really important because sometimes you know, we did
• 31:18
  Speaker 2: an IGTV. We've done some posts this week on it,
• 31:21
  Speaker 2: and it's kind of like, well, what is it? And
• 31:22
  Speaker 2: hearing it from me and why I actually am choosing
• 31:25
  Speaker 2: this and I'm so behind it and I'm so proud
• 31:27
  Speaker 2: of it is really important. Yeah, And I think that
• 31:29
  Speaker 2: you know, in our team, we've been so proud of
• 31:32
  Speaker 2: it this week and just the uptake of who's getting
• 31:34
  Speaker 2: on board, and you know, even saying the media around
• 31:37
  Speaker 2: it like that is really special to open something up
• 31:41
  Speaker 2: to such a large community. And it's been an honor,
• 31:43
  Speaker 2: honestly to be able to open something up that otherwise,
• 31:47
  Speaker 2: you know, ten fifteen years just wasn't accessible. We had
• 31:50
  Speaker 2: to go get advice, we had to spend thousands of
• 31:52
  Speaker 2: dollars on it, and I genuinely think you deserve better.
• 31:55
  Speaker 1: And if there's anything that you kind of need to
• 31:57
  Speaker 1: rehash or have a look over, or to get any
• 31:59
  Speaker 1: more information, there's an amazing little page on our website
• 32:03
  Speaker 1: that you can go to and click through. No, it's
• 32:06
  Speaker 1: not that little Actually it's huge. There's some frequently asked
• 32:09
  Speaker 1: questions on there that you drop down, which is very fancy.
• 32:12
  Speaker 3: I did all the coding for that myself.
• 32:13
  Speaker 1: Guys, you did. Wow.
• 32:15
  Speaker 3: We're just I'm a web developer.
• 32:17
  Speaker 1: We're a real one stop shop at the moment, aren't we. God,
• 32:19
  Speaker 1: you can get everything. We're also going to be popping
• 32:22
  Speaker 1: out a little blog post that outlines all of this stuff.
• 32:24
  Speaker 1: But I feel like, let's go. Should we eat some lunch?
• 32:28
  Speaker 3: Yeah, let's go to lunch.
• 32:29
  Speaker 1: I'd actually love some chicken.
• 32:31
  Speaker 3: Gosh, that is not what I feel like, Tony.
• 32:33
  Speaker 2: But before you go to lunch, we'd like to acknowledge
• 32:35
  Speaker 2: and pay respect to Australia's Aboriginal and torrest Right Islander people's,
• 32:39
  Speaker 2: the traditional custodians at the lands, the waterways and the
• 32:42
  Speaker 2: skies all across Australia. We thank you for sharing and
• 32:45
  Speaker 2: for caring for the land on which we are able.
• 32:47
  Speaker 3: To learn and invest.
• 32:49
  Speaker 2: And we pay our respects to elders past and present,
• 32:52
  Speaker 2: and we share our friendship and our kindness.
• 32:54
  Speaker 1: The advice shared on Cheese on the Money is generally
• 32:56
  Speaker 1: nature and does not consider your individual circumstances. Cheese on
• 33:00
  Speaker 1: the money exists purely for educational purposes and should not
• 33:03
  Speaker 1: be relied upon to make an investment or financial decision,
• 33:07
  Speaker 1: and we promise Victoria Devine is an authorized representative of
• 33:10
  Speaker 1: Australia Pacific Funds Management Proprietary Limited ABN three four one
• 33:14
  Speaker 1: three two four six three two five seven AFOSEL three
• 33:18
  Speaker 1: three nine one five one.
• 33:19
  Speaker 2: Our quick note guys, just in addition to today's disclaimer,
• 33:23
  Speaker 2: we wanted to just note that we have edited this
• 33:25
  Speaker 2: episode since you maybe listened to it the first time,
• 33:28
  Speaker 2: and the reason for that is to make sure that
• 33:30
  Speaker 2: we had absolute clarity on exactly how I get paid.
• 33:34
  Speaker 2: Tony and I got really carried away with the conversation
• 33:36
  Speaker 2: we were having because we were so excited about it.
• 33:38
  Speaker 2: I wanted to make sure that you guys knew exactly
• 33:40
  Speaker 2: how I get paid. I think the main thing for
• 33:42
  Speaker 2: me though, was that we don't get referrals from this service. However,
• 33:46
  Speaker 2: if the six Park Partnership actually ends up making money,
• 33:48
  Speaker 2: which would be brilliant, I do get a percentage of
• 33:51
  Speaker 2: their management fee, which hasn't been increased in any way,
• 33:53
  Speaker 2: shape or form from their actual offering. It is exactly
• 33:56
  Speaker 2: the same as the direct six Park offering. It's just
• 33:59
  Speaker 2: that six Pars will share a little bit of their
• 34:01
  Speaker 2: profit with me, which is very fun.
• 34:03
  Speaker 1: And if you do have any other questions about our
• 34:05
  Speaker 1: six Park platform and our integration with six Park, we
• 34:09
  Speaker 1: would love it if you send us a dam on
• 34:10
  Speaker 1: Instagram or reach out on Facebook or send us an email.
• 34:13
  Speaker 1: You can find all of that information at the website,
• 34:16
  Speaker 1: which is in the show notes. We would also love
• 34:18
  Speaker 1: it if you joined our Facebook group. If you search
• 34:20
  Speaker 1: sheees on the Money inside Facebook, you'll find it. You
• 34:23
  Speaker 1: can ask any questions at all, and make sure you
• 34:26
  Speaker 1: follow us on Instagram to get all the latest info
• 34:29
  Speaker 1: and what else.
• 34:31
  Speaker 3: I think that's itough round.
• 34:33
  Speaker 1: Absolutely everyone's had enough of us today.
• 34:35
  Speaker 2: Yeah, look, this is the second episode that's dropping it
• 34:37
  Speaker 2: into their feed. We will see you on Friday, friends
• 34:39
  Speaker 1: Love you, baby,