Latest / She's On The Money / 21, Investing Aggressively and Watching Everyone Else Spend Their Paycheck

Transcript

21, Investing Aggressively and Watching Everyone Else Spend Their Paycheck · She's On The Money

• 0:00
  Speaker 1: My name's Tatasha Bamblet. I'm a proud First Nations woman
• 0:03
  Speaker 1: and I'm here to acknowledge country. Te Glenn Young Ganya
• 0:08
  Speaker 1: nian ar Kaka yah Ya Binahaka nian our gay In
• 0:11
  Speaker 1: Mbini yakarum Jar, Dominyamiga Umaga, Ihowaka, Nile Waman damon Immalan,
• 0:16
  Speaker 1: Bumba bang Gadabomba in and now in wakah ghana on
• 0:19
  Speaker 1: yak rum Jar Watanadaa. Hello, beautiful friends, we gather on
• 0:24
  Speaker 1: the lands of the Aboriginal people. We thank acknowledge and
• 0:27
  Speaker 1: respect the Abiginal people's land that we're gathering on today.
• 0:30
  Speaker 1: Take pleasure in all the land and respect all that
• 0:33
  Speaker 1: you see. She's on the Money podcast acknowledges culture, country,
• 0:38
  Speaker 1: community and connections, bringing you the tools, knowledge and resources
• 0:43
  Speaker 1: for you to thrive.
• 0:45
  Speaker 2: She's on the Money.
• 0:47
  Speaker 3: She's on the Money. Hello, and welcome to She's on
• 0:53
  Speaker 3: the Money, the podcast that lets you be pervy about
• 0:55
  Speaker 3: other people's money stories educational purposes, of course. Welcome to
• 1:00
  Speaker 3: another one of our money diaries, brought to you by
• 1:02
  Speaker 3: our friends at Skywealth, where I get the absolute privilege
• 1:05
  Speaker 3: of sitting down with one of our incredible shehes on
• 1:08
  Speaker 3: the Money community members and talking to them all about
• 1:11
  Speaker 3: their journey. Let's jump straight into it, because this week
• 1:14
  Speaker 3: I got an email and it sounded exactly like this,
• 1:18
  Speaker 3: Dear Money Diaries. I've just turned twenty one, and I
• 1:21
  Speaker 3: am in my final year of studying finance and marketing
• 1:24
  Speaker 3: while also working part time in stock operations for a
• 1:27
  Speaker 3: luxury fashion brand and interning at a financial advisory firm.
• 1:32
  Speaker 3: Money has always been a big thing in my life
• 1:34
  Speaker 3: because my parents taught me to save from a very
• 1:36
  Speaker 3: young age. I didn't even have a debit card or
• 1:39
  Speaker 3: access to my savings until I turned eighteen, which probably
• 1:42
  Speaker 3: explains why I still get excited when I find something
• 1:45
  Speaker 3: on sale, even if I don't need it. Working in
• 1:48
  Speaker 3: luxury retail has made me realize how wild some people
• 1:51
  Speaker 3: are with money. I see people my age spend an
• 1:54
  Speaker 3: entire paycheck on one dress they'll wear once, while I'm
• 1:57
  Speaker 3: standing there mentally calculating how how much they could have
• 2:00
  Speaker 3: turned into if they invested it instead. I love talking
• 2:05
  Speaker 3: about money, saving and investing, and I'd love to share
• 2:08
  Speaker 3: my early money story with the community and hopefully inspire
• 2:11
  Speaker 3: other people my age to think a little bit more
• 2:14
  Speaker 3: about saving for their future selves. Ah money diarists. That
• 2:18
  Speaker 3: sounds so exciting.
• 2:20
  Speaker 4: Yes, yes, I'm young, but you know what, I'd rather
• 2:24
  Speaker 4: start now than think about it in like, you know,
• 2:27
  Speaker 4: ten twenty years time.
• 2:28
  Speaker 3: Well, way back when I worked in retail, I was
• 2:31
  Speaker 3: not thinking about how much that money could mean if
• 2:35
  Speaker 3: it was invested somewhere else, and I was selling really
• 2:37
  Speaker 3: expensive shoes. I cannot imagine what I would be doing
• 2:41
  Speaker 3: right now. If I worked in retail and I would
• 2:44
  Speaker 3: just see someone spend like five hundred and six hundred
• 2:46
  Speaker 3: dollars on address, I'd be like, go, what are you doing?
• 2:48
  Speaker 3: Like I know literally, or especially if I see them
• 2:52
  Speaker 3: put on credit or they mentioned something like oh my god,
• 2:54
  Speaker 3: I can't afford it, but I'm going to do it,
• 2:56
  Speaker 3: I'd be like.
• 2:56
  Speaker 4: Well don't, don't.
• 2:58
  Speaker 3: I'd be the worst salesperson ever. Are you sure you
• 3:00
  Speaker 3: want this?
• 3:01
  Speaker 4: Are you sure? And they just use after pay as well,
• 3:04
  Speaker 4: which freaks me out. They want like the latest fashion
• 3:06
  Speaker 4: because we get drops every two weeks, so they are like,
• 3:09
  Speaker 4: I need the latest stress and I'm just like, I
• 3:11
  Speaker 4: don't know how you're doing this like every two weeks.
• 3:14
  Speaker 3: Oh my heart. All right, Well let's get into it
• 3:17
  Speaker 3: before we ask you a little bit more about your story.
• 3:20
  Speaker 3: One of my favorite questions is what grade would you
• 3:22
  Speaker 3: give your money habits if I asked you to give
• 3:24
  Speaker 3: them a grade from A through to F.
• 3:26
  Speaker 4: So had a bit of think about this, but I
• 3:28
  Speaker 4: think I would give myself a solid B. I do
• 3:31
  Speaker 4: have a really good foundation for obviously, being like a
• 3:35
  Speaker 4: such a young age, being twenty one, but I still
• 3:37
  Speaker 4: have a lot to learn. I save a lot of
• 3:38
  Speaker 4: learning gaps as well, and I'm still fortunate enough to
• 3:41
  Speaker 4: be living at home, so I haven't really got into
• 3:44
  Speaker 4: the real world as such. And yees, I some bit
• 3:47
  Speaker 4: of a safe haven at the moment. But I save
• 3:49
  Speaker 4: a good financial literacy position, so I feel like I'll
• 3:52
  Speaker 4: the transition from moving out of home, starting a full
• 3:55
  Speaker 4: time job, leaving UNI. I think I'd be in a
• 3:58
  Speaker 4: really good position, so solid B.
• 4:00
  Speaker 3: I love that, but also self aware, Queen, You're like, well, actually,
• 4:03
  Speaker 3: I know what position I mean, and it looks like this,
• 4:06
  Speaker 3: and it's going to change like this. Okay, twenty one
• 4:08
  Speaker 3: year old me, she had no idea. Now tell me
• 4:12
  Speaker 3: a little bit more about your money story and the
• 4:15
  Speaker 3: things you think impacted.
• 4:16
  Speaker 4: It growing up. I never really worried about money, like
• 4:19
  Speaker 4: my parents created a very comfortable and secure environment for
• 4:23
  Speaker 4: my brother and I. Both my parents came from immigrant backgrounds.
• 4:27
  Speaker 4: My dad's a trade and my mum she's self employed
• 4:30
  Speaker 4: at the moment, but she worked high up in corporate
• 4:32
  Speaker 4: for many many years. So from their parents, my grandparents
• 4:36
  Speaker 4: coming to Australia, they had nothing and built everything from scratch.
• 4:39
  Speaker 4: And my parents taught me very early on through their
• 4:42
  Speaker 4: parents that you have to work hard, but not only
• 4:44
  Speaker 4: work hard, but make your money work smarter for you.
• 4:47
  Speaker 4: So I think since my brother and I were a
• 4:49
  Speaker 4: young age, we've always had that embedded to us. And
• 4:53
  Speaker 4: I started work when I was thirteen and as a
• 4:56
  Speaker 4: bus referee, I earned six dollars an hour and then
• 4:58
  Speaker 4: I transition into a beauty store of but I never
• 5:01
  Speaker 4: ever or my money went to a debit card, and
• 5:03
  Speaker 4: I only had access to that till I was eighteen. Wow,
• 5:07
  Speaker 4: actually having a debit card. So I feel like I
• 5:10
  Speaker 4: always just never really spent my money and only used
• 5:13
  Speaker 4: the cash that I had from my pocket money or
• 5:15
  Speaker 4: birthday or Christmas because I just knew that, you know,
• 5:19
  Speaker 4: there was no point of spending on a brand new
• 5:21
  Speaker 4: iPhone like I was happy with my iPhone that I
• 5:24
  Speaker 4: had like for five years, for example, So I think
• 5:27
  Speaker 4: that's where it kind of started. From being a child too.
• 5:30
  Speaker 4: Going to university, I'm studying a bachelor's degree of finance
• 5:33
  Speaker 4: and marketing, and my final year, as mentioned in my money.
• 5:36
  Speaker 3: Diaries, I'm so exciting. Yeah.
• 5:38
  Speaker 4: So I feel like even from university kind of clicked that,
• 5:41
  Speaker 4: you know, I wanted to start investing for myself, and
• 5:44
  Speaker 4: especially because my parents started young. I think both my
• 5:47
  Speaker 4: parents are around like early twenties when they both bought
• 5:49
  Speaker 4: their first individual investment properties. I knew myself I wanted
• 5:53
  Speaker 4: to start now. So I think ETFs kept coming off
• 5:55
  Speaker 4: my feed and everything, and I was curious. And then
• 5:58
  Speaker 4: I made my fur purchase of three ETFs when I
• 6:03
  Speaker 4: was nineteen years old, so that is nearly two years.
• 6:06
  Speaker 4: I think my first purchase was in May. So I
• 6:08
  Speaker 4: think that just kind of started my journey with it all.
• 6:11
  Speaker 3: And what do you think meant that you actually committed
• 6:15
  Speaker 3: to that?
• 6:15
  Speaker 4: Growing up?
• 6:16
  Speaker 3: I had a dad who was an accountant, so you
• 6:18
  Speaker 3: would say that I grew up in a relatively financially
• 6:20
  Speaker 3: literate household, But I also didn't listen to my parents
• 6:24
  Speaker 3: so when my dad was like, you should be saving,
• 6:26
  Speaker 3: like and I still remember him when I got my
• 6:27
  Speaker 3: first job, he was like, uturia saved ten percent of
• 6:29
  Speaker 3: your income and never touch it, don't look at it.
• 6:32
  Speaker 3: And I was like, absolutely not, Like I'm not going
• 6:34
  Speaker 3: to do that. I'm going to spend all my money.
• 6:36
  Speaker 3: What about your upbringing meant that you listened to your
• 6:39
  Speaker 3: parents when they said that stuff.
• 6:41
  Speaker 4: So I feel like it kind of came down to
• 6:44
  Speaker 4: how they were brought up. I think that's the best
• 6:46
  Speaker 4: way to explain it, because I know my mom's dad,
• 6:50
  Speaker 4: so my grandfather, he came with twenty dollars to his name,
• 6:53
  Speaker 4: and from that twenty dollars it kind of grew to
• 6:57
  Speaker 4: such a larger thing to buy property. And then obviously
• 7:01
  Speaker 4: they pushed my mom to be able to, I guess,
• 7:04
  Speaker 4: save up to something and have something under their name.
• 7:07
  Speaker 4: And I think from my dad's perspective, it was that
• 7:10
  Speaker 4: I think he used to put in money every Friday,
• 7:13
  Speaker 4: the check when he got paid, and I think it
• 7:16
  Speaker 4: was at the bank they told him, yeah, why don't
• 7:18
  Speaker 4: you just buy a property, Why don't you have something
• 7:19
  Speaker 4: for yourself. So I think after hearing their stories and
• 7:22
  Speaker 4: about how they kind of got brought up, and then
• 7:24
  Speaker 4: I guess they kind of pushed it towards my brother
• 7:27
  Speaker 4: and I as well, and I kind of saw even
• 7:30
  Speaker 4: the habits that they had, like my mom would rather
• 7:33
  Speaker 4: spend something that came up or whatever, she wouldn't go
• 7:36
  Speaker 4: to like Chanelle for example, and purchase a jacket, which
• 7:38
  Speaker 4: there's nothing wrong with that, but I'm just saying I
• 7:40
  Speaker 4: think because of their habits that they had as well,
• 7:43
  Speaker 4: and being quite not too frugal with their money but
• 7:47
  Speaker 4: like spending it on stuff that they find like had
• 7:49
  Speaker 4: to value, I think that's kind of the reason why
• 7:51
  Speaker 4: I am who I am in the sense of like
• 7:54
  Speaker 4: my money story and everything like that. But yeah, I
• 7:57
  Speaker 4: think it came from the top to come to the
• 7:58
  Speaker 4: bottom to my generation.
• 8:00
  Speaker 3: Okay, So I kind of love that, But also I
• 8:02
  Speaker 3: just wish i'd listen to like you because I'd be like, way,
• 8:05
  Speaker 3: it would be way better. So tell me you do
• 8:09
  Speaker 3: a fair few things.
• 8:10
  Speaker 4: But what do you do for work?
• 8:11
  Speaker 3: And how much money do you earn?
• 8:12
  Speaker 4: So I do three things. At the moment, everything's just
• 8:15
  Speaker 4: happening all at once. So I'm currently as I said
• 8:18
  Speaker 4: last year of UNI, so I'm a full time UNIE student.
• 8:20
  Speaker 4: I'm also a casual stock lead, so I work three
• 8:23
  Speaker 4: times a week there and that it does fluctuate my
• 8:26
  Speaker 4: pay because I am a casual worker still in UNI.
• 8:28
  Speaker 4: So it's roughly between five hundred to one thousand a week.
• 8:31
  Speaker 4: What five hundred to one thousand, Yeah, that's so good.
• 8:34
  Speaker 3: What does that even mean? What's a stock lead?
• 8:36
  Speaker 4: Pretty much just working with the stock so transferring things in,
• 8:40
  Speaker 4: transferring stuff out. If for example, another store needed this
• 8:44
  Speaker 4: particular dress, like we'll transfer it out to them. Yeah, yeah, okay,
• 8:48
  Speaker 4: So just keeping on top of everything and then what.
• 8:50
  Speaker 3: Else because that's a lot of money already for somebody
• 8:52
  Speaker 3: who's a baby. And also like at UNI, that's crazy.
• 8:56
  Speaker 4: Yeah. And then also on the side to the other
• 8:58
  Speaker 4: two days, so I'm working full time, but like have
• 9:01
  Speaker 4: two jobs, if that makes sense. So I'm interning another
• 9:04
  Speaker 4: two days, so on the Tuesdays and Thursdays, And that
• 9:07
  Speaker 4: is kind of towards more my career path as well.
• 9:10
  Speaker 4: So this internship's for three months and yeah, just learning
• 9:13
  Speaker 4: about financial advisory, financial planning, sitting in on client meetings,
• 9:17
  Speaker 4: listening to all these parents, be like be like, oh,
• 9:21
  Speaker 4: you have to make sure you like do X, Y
• 9:22
  Speaker 4: and Z when you're young, like, don't be like us.
• 9:25
  Speaker 4: Like I feel like that's what I constantly keep hearing.
• 9:27
  Speaker 4: So yeah, it's put to get different perspectives as well.
• 9:30
  Speaker 3: Tell me a bit more about this internship. Do you
• 9:32
  Speaker 3: get paid to do an internship?
• 9:34
  Speaker 4: Not? This one is unpaid, but they did say at
• 9:37
  Speaker 4: the end of it they could give me a contract
• 9:40
  Speaker 4: to be able to continue with the firm. It's a
• 9:41
  Speaker 4: very small firm. There's also two other interns that are
• 9:44
  Speaker 4: doing it with me, so I guess if I work
• 9:46
  Speaker 4: hard they're happy with me, then they will keep me on.
• 9:48
  Speaker 4: But I feel like they said, if you know you
• 9:50
  Speaker 4: want the right fit for us, then I could use
• 9:53
  Speaker 4: that as a really good reference for my resume as well.
• 9:55
  Speaker 3: I'm always so suspicious of people who get interns and
• 9:59
  Speaker 3: then I don't pay them because I'm just like, that's
• 10:02
  Speaker 3: such good experience. I totally agree, but I'm also like,
• 10:05
  Speaker 3: you're probably getting them to do little admin tasks and stuff,
• 10:07
  Speaker 3: so pay them as admin. I'm just so suspicious.
• 10:11
  Speaker 4: Yeah, I've done two internships in the past. One was
• 10:15
  Speaker 4: through a family friend and he did offer to pay me,
• 10:18
  Speaker 4: but I was like, no, no, no, no, it's your
• 10:19
  Speaker 4: own business. I don't want payment, Like I feel like
• 10:22
  Speaker 4: really guilty, but I get paid from him. And then
• 10:24
  Speaker 4: my other internship, Yeah, I felt like I should have
• 10:26
  Speaker 4: got paid because of the stuff we did, as you said,
• 10:28
  Speaker 4: admin stuff. But with this internship, I'm getting a lot
• 10:32
  Speaker 4: of understanding and everyone's very friendly, a willing to talk to.
• 10:35
  Speaker 3: You, and as long as it's not impacting you negatively.
• 10:38
  Speaker 3: Like I've got a whole beef around nursing and the
• 10:41
  Speaker 3: like they're doing new internships, so do they do placements,
• 10:45
  Speaker 3: Like I have a big beef with placements because I'm
• 10:47
  Speaker 3: just like those queens need to get paid. Like it
• 10:50
  Speaker 3: just it blows my mind. And like, don't get me wrong,
• 10:53
  Speaker 3: you're probably in a position where you're like, well, the
• 10:55
  Speaker 3: I actually can like I'm getting this great experience and
• 10:58
  Speaker 3: you are, like seeing your resume, I know that you're
• 11:00
  Speaker 3: getting epic experience. But you're also in a very privileged
• 11:04
  Speaker 3: position where you can you're like, well, I live at home.
• 11:06
  Speaker 3: You know if I gave up a few hours of
• 11:08
  Speaker 3: work a week that's paid, Like it doesn't it's not
• 11:10
  Speaker 3: going to ruin my life. It's not going to you know,
• 11:12
  Speaker 3: I don't have kids to feed, and I think that
• 11:14
  Speaker 3: that's so good for you. But exactly why interns should
• 11:18
  Speaker 3: get paid so that that opportunity is available for everybody.
• 11:22
  Speaker 3: I want to know, what does somebody who's killing it
• 11:25
  Speaker 3: at money and is only twenty one, what do they
• 11:27
  Speaker 3: have is their big money goals?
• 11:28
  Speaker 4: So I actually did break them down. Of course you did.
• 11:32
  Speaker 3: You are so type A.
• 11:33
  Speaker 4: I love this. Yes, I'm very organized. I've set my
• 11:37
  Speaker 4: goals like officially this year for twenty twenty six, especially
• 11:40
  Speaker 4: in regards to money. Yeah, I've never really set goals,
• 11:43
  Speaker 4: but I've tried to like be more organized and like
• 11:46
  Speaker 4: actually have little things to work towards. My long term
• 11:49
  Speaker 4: goal is just to be financially free by the time
• 11:52
  Speaker 4: I'm in my forties and fifties, because obviously true wealth
• 11:55
  Speaker 4: comes with age and you can't be a millionaire tomorrow.
• 11:59
  Speaker 4: So I think that's quite realistic for me. And like,
• 12:01
  Speaker 4: I guess I am using a fire mentality. Okay, I
• 12:05
  Speaker 4: love this as well. So like I'm only keeping a
• 12:09
  Speaker 4: certain amount on my card, so like, let's say a
• 12:12
  Speaker 4: couple hundred on my card because obviously I don't really
• 12:14
  Speaker 4: have a lot of expenses, so I am able to
• 12:16
  Speaker 4: do that, and I'm very privileged and fortunate that I'm
• 12:18
  Speaker 4: able to do that as well. And I'm saving investing
• 12:21
  Speaker 4: the rest of my page as well. So along with this, like,
• 12:25
  Speaker 4: I just want to keep working hard, investing aggressively in
• 12:28
  Speaker 4: my twenties and thirties to be able to set myself
• 12:30
  Speaker 4: up towards when I'm in my forties and fifties and work.
• 12:33
  Speaker 4: If I want to work, work once a week, if
• 12:36
  Speaker 4: I want to work, like that's completely like up to me.
• 12:39
  Speaker 3: One of the girls in my team does that. You've
• 12:40
  Speaker 3: probably seen her brook, yes, and she shares a lot
• 12:43
  Speaker 3: of content around wanting to be work optional by thirty five,
• 12:48
  Speaker 3: Like she'll be able to retire at that age because
• 12:50
  Speaker 3: of the amount she's investing. And like, you're at the
• 12:52
  Speaker 3: perfect age where you don't actually have lots of overheads,
• 12:56
  Speaker 3: so as life starts to build up, you can make
• 12:58
  Speaker 3: these active decisions to not choose that. But it's so hard,
• 13:01
  Speaker 3: Like if you're in your thirties and let's just say
• 13:04
  Speaker 3: you're me right, You've got two kids, a husband, a mortgage.
• 13:07
  Speaker 3: Like if my husband and I decided to turn around
• 13:09
  Speaker 3: and be like, do you know what we're gonna like
• 13:11
  Speaker 3: do fire now. If we weren't in the financial position
• 13:15
  Speaker 3: that we were in, it's just not feasible. Like I've
• 13:17
  Speaker 3: got kids that I need to send to school, I've
• 13:19
  Speaker 3: got a mortgage that I'm already committed to, Like, I
• 13:22
  Speaker 3: can't change things as easily once I get to that age.
• 13:25
  Speaker 3: You're if only one the world is your oyster. I'm
• 13:28
  Speaker 3: so excited for you.
• 13:29
  Speaker 4: Yeah, and especially because of I think with finance it
• 13:32
  Speaker 4: comes down to your mindset. I think that's the most
• 13:36
  Speaker 4: important thing as well, because of my mindset already, Like
• 13:39
  Speaker 4: I'm not the type, especially working in luxury faction, I'm
• 13:42
  Speaker 4: not the type to spend one thousand dollars on a dress,
• 13:44
  Speaker 4: let's say, Like I'm more like I'd rather put one
• 13:46
  Speaker 4: thousand dollars into the ETF that I invest into all
• 13:49
  Speaker 4: the time. Like I think, because I have that mentality
• 13:53
  Speaker 4: right now, I feel like it's kind of maybe like
• 13:56
  Speaker 4: couldn't be able to achieve this goal as well?
• 13:58
  Speaker 3: Do you then have to wear those says at work?
• 14:01
  Speaker 4: Yeah, they have a wardrobe so we can seleck from
• 14:03
  Speaker 4: as well, so we don't have to purchase. Yeah, that's
• 14:06
  Speaker 4: so fun.
• 14:06
  Speaker 3: I'm gonna ask you later where you work once we're
• 14:08
  Speaker 3: not recording because we don't want to.
• 14:09
  Speaker 4: Put that over.
• 14:10
  Speaker 3: I'm like, who has a wardrobe out the back? So
• 14:12
  Speaker 3: you hold on, hold on, perfect you go to work
• 14:15
  Speaker 3: in like your normal clothes, and then you go to
• 14:17
  Speaker 3: this luxury wardrobe and you pick any dress and then
• 14:20
  Speaker 3: you get to go to work.
• 14:21
  Speaker 4: Yeah, whatever they have on the right, weick and choose anything.
• 14:23
  Speaker 4: That is so fun.
• 14:26
  Speaker 3: I've got questions, but not for this show. Yes, let's
• 14:29
  Speaker 3: go to a really quick break. I need to break
• 14:31
  Speaker 3: this up because I need to dive back into the
• 14:33
  Speaker 3: finances of it just after this. All right, money ters,
• 14:39
  Speaker 3: we are back and you are only twenty one, and
• 14:41
  Speaker 3: you are hustling hard. You are studying marketing and finance,
• 14:45
  Speaker 3: doing that full time at the same time as two
• 14:47
  Speaker 3: other jobs and an internship.
• 14:49
  Speaker 4: Like, I adore this for you.
• 14:52
  Speaker 3: Tell me, though, what are you investing in? How much
• 14:55
  Speaker 3: is in your investment portfolio? How does that work? What
• 14:58
  Speaker 3: does that look like?
• 14:59
  Speaker 2: Yees?
• 14:59
  Speaker 4: So I actually have an Excel spreadsheet because I am
• 15:02
  Speaker 4: type A organizers of my networth tracker. So at the
• 15:06
  Speaker 4: moment I broke down my portfolio, so I have twenty
• 15:09
  Speaker 4: six percent in shares, So that's across my concept platform
• 15:13
  Speaker 4: and the main two ETFs I do invest in two,
• 15:15
  Speaker 4: to be quite specific, is VGs and VAS. They pair
• 15:19
  Speaker 4: very well together, and that's around seventy percent of my portfolio.
• 15:23
  Speaker 4: And the rest is just kind of like thematic, like
• 15:25
  Speaker 4: fun kind of ones that I put on the side.
• 15:26
  Speaker 4: You are twenty one, and you're like, it's kind of thematic, queen,
• 15:30
  Speaker 4: What do you mean? They're kind of what thematic ETF?
• 15:33
  Speaker 3: Are you picking?
• 15:34
  Speaker 4: Like?
• 15:34
  Speaker 3: And how did you learn about this? Because like, this
• 15:37
  Speaker 3: is stuff that I'm talking to in my community. As
• 15:39
  Speaker 3: you know, you've listened to the podcast, but you're twenty one.
• 15:43
  Speaker 4: What do you mean?
• 15:44
  Speaker 3: Twenty three percent of my portfolio it was made up
• 15:46
  Speaker 3: at BGS and VAS.
• 15:47
  Speaker 4: Obviously through you guys. I listened to your podcasts every
• 15:50
  Speaker 4: single week, and I tell everyone I listen to your
• 15:52
  Speaker 4: podcast every week. I love you. Thank you as well.
• 15:55
  Speaker 4: It's just obviously being in the finance field and I
• 15:58
  Speaker 4: feel like just learning about I just like look it
• 15:59
  Speaker 4: up and I'm like, oh, what does this mean? Like
• 16:01
  Speaker 4: what does an ETF mean? What does a share mean?
• 16:03
  Speaker 4: What does you know? Price to earnings racehiome mean? Like
• 16:06
  Speaker 4: I kind of look up terms as well in my
• 16:07
  Speaker 4: own time where I do have time. So yeah, I
• 16:11
  Speaker 4: feel like that's how the how I know the lingo
• 16:13
  Speaker 4: I'm obsessed with.
• 16:13
  Speaker 3: Here, can you tell me one of the thematic ETFs
• 16:17
  Speaker 3: that you've picked so we can talk about it, because
• 16:19
  Speaker 3: I'm obsessed.
• 16:19
  Speaker 4: Yes, So I have NDQ. Yeah, why do you pick
• 16:22
  Speaker 4: NDQ because it has the top one hundred tech stocks
• 16:25
  Speaker 4: in the Nasdaq. So I thought, let's just chuck in
• 16:28
  Speaker 4: text the future. Let's just like chuck a bit of
• 16:30
  Speaker 4: that in as well. I have VHY as well, high
• 16:34
  Speaker 4: yield and a lot of mine event God as well.
• 16:37
  Speaker 4: And I have a property one that as well, because
• 16:39
  Speaker 4: I want to add some property into the mix as well.
• 16:42
  Speaker 4: Those are my main ones.
• 16:43
  Speaker 3: VAP is a really interesting one because it's actually a
• 16:46
  Speaker 3: lot lower risk than a lot of other ETFs on
• 16:50
  Speaker 3: the market. So VAP is the vanguard Australian Property Securities
• 16:53
  Speaker 3: Index ETF.
• 16:55
  Speaker 4: And that is one.
• 16:57
  Speaker 3: It's called an ari and I've done whole podcasts on ariits.
• 17:01
  Speaker 3: It's actually called an ariit because it's Australian. But if
• 17:05
  Speaker 3: somebody is wanting to get into the market and they're
• 17:07
  Speaker 3: not so sure about the share market, but they love
• 17:08
  Speaker 3: property that could be a really interesting thing for them
• 17:11
  Speaker 3: to start like researching into because it gives you that
• 17:15
  Speaker 3: property exposure without having to buy a house.
• 17:18
  Speaker 4: One hundred percent.
• 17:18
  Speaker 3: Yeah, it does invest into like residential, office, retail, industrial,
• 17:23
  Speaker 3: like all property. So if that's something that people are like, no,
• 17:26
  Speaker 3: I really am a property girlie, that's where we might
• 17:28
  Speaker 3: be looking. When did you add that to your portfolio?
• 17:32
  Speaker 4: So that was added. I kind of restructured my portfolio
• 17:36
  Speaker 4: middle of last year. In July. I kind of added
• 17:38
  Speaker 4: a bunch of different ETFs into the mix because when
• 17:42
  Speaker 4: I started, obviously we all make mistakes. When I first
• 17:45
  Speaker 4: mentioned my three mistakes.
• 17:47
  Speaker 3: They're not mistakes. We pick things that we thought aligned
• 17:51
  Speaker 3: with our values and then they might not because you
• 17:54
  Speaker 3: learn more. But it wasn't a mistake, it was a learning.
• 17:56
  Speaker 3: It was a lesson.
• 17:57
  Speaker 4: Yeah. So transitioning from the three ETFs I chose, I
• 18:01
  Speaker 4: was like, I need to do some more international as well,
• 18:06
  Speaker 4: and a bit more in different like industries and stuff
• 18:09
  Speaker 4: like that. So to answer your question, that's why I
• 18:11
  Speaker 4: added that in it, especially because at the age I am,
• 18:13
  Speaker 4: I can't just buy a property like right now, like
• 18:16
  Speaker 4: I'm still and I'm not when I go to the bank.
• 18:19
  Speaker 4: Especially because I don't have a full time job and
• 18:21
  Speaker 4: full time income, I'm not going to be liable to
• 18:23
  Speaker 4: get a loan or anything. So I thought, let's just
• 18:25
  Speaker 4: add a bit of property into the mix. It's only
• 18:27
  Speaker 4: like around two three percent of my portfolio, so I thought, okay,
• 18:30
  Speaker 4: small things, let's just add it in. They add up.
• 18:33
  Speaker 3: I'm obsessed. And what other Are there any other ETFs
• 18:36
  Speaker 3: that you have that you're like, Oh, this one's really cool.
• 18:39
  Speaker 3: We might not have heard of it, or are you
• 18:40
  Speaker 3: just like, look, girl, I go with Vanguard, and I'm
• 18:43
  Speaker 3: quite comfortable because you've mentioned Vanguard and Beta shares so far.
• 18:46
  Speaker 4: Yes, I also do have a gold ETF. I think
• 18:49
  Speaker 4: the ticket is gold. Yeah. But to add to that
• 18:52
  Speaker 4: as well, I'm another part of my portfolio, which is
• 18:55
  Speaker 4: I do invest in gold silver. I do have a
• 18:58
  Speaker 4: large percentage in it, which is thirty six percent. So
• 19:01
  Speaker 4: I trop my way down to ABC Bullion and I
• 19:03
  Speaker 4: go and I'm like, hey, I want to buy this
• 19:05
  Speaker 4: much gold today. Hey I want to buy some silver.
• 19:07
  Speaker 4: So I think that's you doing with it? Is it
• 19:10
  Speaker 4: just done to your bed in a secret hiding spot
• 19:14
  Speaker 4: no one can find it? But after my first internship
• 19:17
  Speaker 4: I help with the family friend. I think he's a
• 19:19
  Speaker 4: very successful businessman. I asked him, so, what would you
• 19:23
  Speaker 4: recommend for someone my age to invest into? And obviously
• 19:26
  Speaker 4: he was going down listen. He's like, look, I think
• 19:28
  Speaker 4: you should buy some gold and silver. And that weekend
• 19:31
  Speaker 4: I went to ABC Brillion and I was like, I
• 19:32
  Speaker 4: want to make my first investment and to give you
• 19:35
  Speaker 4: a bit of numbers, which I know you love.
• 19:36
  Speaker 3: I do, I do, And I want to know your
• 19:38
  Speaker 3: total portfolio value as well. I know you're like doing
• 19:41
  Speaker 3: it in percentages and that's so so helpful, But an
• 19:44
  Speaker 3: idea of black is it twenty dollars? Is it one
• 19:47
  Speaker 3: hundred dollars that we're talking This girl has hundreds of
• 19:50
  Speaker 3: thousands of dollars? Like, where are we sitting, queen.
• 19:53
  Speaker 4: I'm reaching up to the six figure mark at the moment.
• 19:57
  Speaker 4: Look at a goal. So yeah, I'm proud of you.
• 20:01
  Speaker 4: I'm so proud of you to give us estimate. The
• 20:04
  Speaker 4: gold Sew portfolio has gone up to eighteen percent since
• 20:08
  Speaker 4: I invested two years ago. So yeah, I kind of
• 20:11
  Speaker 4: hit the mask actually form on the roof.
• 20:13
  Speaker 3: Yes, yeah, what type of return are you seeing on
• 20:16
  Speaker 3: that at the moment in terms of percentages.
• 20:18
  Speaker 4: Yeah, so it's at that eighteen percent, like in total
• 20:21
  Speaker 4: when I lost, calculate that, oh like a total return
• 20:25
  Speaker 4: percent but in my portfolio it's around thirty six.
• 20:28
  Speaker 3: Yeah, that is crazy, and so when you go So
• 20:30
  Speaker 3: for those of you who don't understand the purchasing of
• 20:33
  Speaker 3: gold and silver, there are lots of different ways you
• 20:36
  Speaker 3: can do it. We just mentioned a gold etf that
• 20:38
  Speaker 3: you could purchase that gives you exposure to those things.
• 20:41
  Speaker 3: But when people buy gold or they buy silver, you
• 20:44
  Speaker 3: can also buy platinum. By the way, they often want
• 20:47
  Speaker 3: it as a tangible physical asset because it feels really safe.
• 20:51
  Speaker 3: You can touch it, you can taste it, you could
• 20:53
  Speaker 3: lick it, you could like put it beside your bed
• 20:54
  Speaker 3: if you wanted to. But as Money Dirist has mentioned,
• 20:57
  Speaker 3: you put it in a little Heidi hole. The more
• 20:59
  Speaker 3: that you get though Money Diarist, I would seriously consider
• 21:02
  Speaker 3: some type of lock box or storage option at a
• 21:05
  Speaker 3: bank because it does become a little bit scary having
• 21:08
  Speaker 3: those things just floating around the house. You can actually
• 21:12
  Speaker 3: go down to and how Money direst said ABC Bullion
• 21:15
  Speaker 3: that was not like a XYZ kind of term. Of reference,
• 21:19
  Speaker 3: Like it's called ABC bullion, and you can literally walk
• 21:22
  Speaker 3: in and say I would love to buy, you know,
• 21:25
  Speaker 3: half an ounce of a gold cast bar, and you
• 21:28
  Speaker 3: can literally purchase that. So money darist, I want to
• 21:31
  Speaker 3: know when you go down and purchase gold, are you
• 21:34
  Speaker 3: purchasing like half an ounce? So we like throwing a
• 21:37
  Speaker 3: lot of money at it. Are you purchasing like what
• 21:40
  Speaker 3: are you walking away with?
• 21:41
  Speaker 4: So I do a little bit here and there. I
• 21:44
  Speaker 4: think I've gone in let's say four times, So yeah,
• 21:47
  Speaker 4: there would be little purchases like let's say half an
• 21:50
  Speaker 4: ounce or one ounce for gold, and then so it
• 21:52
  Speaker 4: will be more towards like the five hundred grams A
• 21:55
  Speaker 4: do a couple depending on silver's cheap, how much money
• 21:58
  Speaker 4: I have to kind of then, so it just depends, yeah,
• 22:02
  Speaker 4: and how.
• 22:02
  Speaker 3: Much money it's worth. Right, So half an ounce of
• 22:04
  Speaker 3: gold right now is about three four hundred dollars I believe.
• 22:08
  Speaker 3: And then if you were to go buy like I
• 22:10
  Speaker 3: don't know, if you said five hundred grams of silver,
• 22:13
  Speaker 3: that's like maybe just under two grand. So like they're
• 22:16
  Speaker 3: good amounts of investing at the same time. And then
• 22:18
  Speaker 3: what you take your little bar home and hide it
• 22:21
  Speaker 3: somewhere very important.
• 22:22
  Speaker 4: Yeah, it's in a storage like compartment at the moment,
• 22:25
  Speaker 4: so yeah, it's a way locked away.
• 22:27
  Speaker 3: Yeahh important. But I think it's so interesting because when
• 22:30
  Speaker 3: people are like, oh gold or silver, no, no, no,
• 22:32
  Speaker 3: it can be incredibly physical, like you actually have to
• 22:34
  Speaker 3: transport that home and find somewhere to keep it. Yeah,
• 22:37
  Speaker 3: and it increases in value. And then if our money
• 22:39
  Speaker 3: direst was like, oh, I want this to be money again,
• 22:41
  Speaker 3: she could take it back to the same place and
• 22:43
  Speaker 3: they would purchase it off her at market rates, which
• 22:45
  Speaker 3: is very cool. I think, are there any other things
• 22:49
  Speaker 3: that you invest in at the moment, and if not,
• 22:52
  Speaker 3: what do you want to invest in in the future?
• 22:54
  Speaker 3: Or is this the plan? This is the portfolio because
• 22:56
  Speaker 3: you said that you'd rebalanced it last year.
• 22:58
  Speaker 4: Yees, so I do do you want to continue dollar
• 23:01
  Speaker 4: cost averaging? Because I do invest in my concept portfolio
• 23:05
  Speaker 4: every two weeks whenever I get paid, when all my
• 23:07
  Speaker 4: money gets you know, automated distributed, all that type of stuff.
• 23:11
  Speaker 4: But the next money goal is to obviously buy an
• 23:14
  Speaker 4: investment property. Obviously it is a bit difficult right now,
• 23:18
  Speaker 4: and with capital gains tax like the new laws, coming
• 23:21
  Speaker 4: into place as well, and how the market's going interest waits.
• 23:25
  Speaker 4: I don't know if that is going to be very
• 23:27
  Speaker 4: very soon or it's going to be like a couple
• 23:29
  Speaker 4: years into future, five years into the future. But that
• 23:32
  Speaker 4: is the next thing I would love to invest into.
• 23:35
  Speaker 4: But for the time being, I'm happy with where I
• 23:37
  Speaker 4: am at with my asset classes.
• 23:40
  Speaker 3: So tell me. I know the answer to this, but
• 23:42
  Speaker 3: I'm gonna ask, do you have any debt?
• 23:45
  Speaker 4: No? I do not have any debts.
• 23:47
  Speaker 3: Have you ever had any debt?
• 23:48
  Speaker 4: No, never want to enter that.
• 23:50
  Speaker 3: Have you ever considered being in debt.
• 23:52
  Speaker 4: I'll only be in debts which is good debt, which
• 23:55
  Speaker 4: my mum always tells me, is when I purchase a
• 23:58
  Speaker 4: property and get obviously the more and stuff like that.
• 24:01
  Speaker 4: That's the only that I'll ever be into. Credit card debt,
• 24:03
  Speaker 4: personal debt. That is just an ano for me.
• 24:05
  Speaker 3: Yeah, I love that, all right. I wish I could
• 24:07
  Speaker 3: get like every single twenty one year old in our
• 24:09
  Speaker 3: community and be like no debt ever, not allowed, bad
• 24:13
  Speaker 3: and like just not happening.
• 24:15
  Speaker 4: Now.
• 24:16
  Speaker 3: Talk to me. You're twenty one. Have you considered personal insurances?
• 24:20
  Speaker 4: If not? Why not? If so, what are you doing well?
• 24:22
  Speaker 4: Because I am still quite young. I haven't really thought
• 24:25
  Speaker 4: about personal insurances until actually starting to work at this
• 24:28
  Speaker 4: internship actually and getting exposed to all the types of
• 24:31
  Speaker 4: insurances and the companies and all that type of stuff.
• 24:34
  Speaker 4: But it is something that I'm definitely going to look
• 24:36
  Speaker 4: into for the future. But right now, I don't have
• 24:38
  Speaker 4: any personal insurances.
• 24:40
  Speaker 3: Yeah, very fair. So tell me a little bit more
• 24:43
  Speaker 3: about your subranuation because you probably have some default insurances
• 24:47
  Speaker 3: in there as a part of your investment portfolio. Is
• 24:50
  Speaker 3: that something you have been focusing on or looking at.
• 24:53
  Speaker 3: I know you work in a financial services firm, so
• 24:55
  Speaker 3: you've definitely been around the conversation. But what are you
• 24:57
  Speaker 3: doing personally?
• 24:58
  Speaker 4: Obviously starting work alright thirteen, but obviously the contributions when
• 25:03
  Speaker 4: I was fifteen, I never really looked at my super
• 25:06
  Speaker 4: until I went to a lecture actually recently, and the
• 25:10
  Speaker 4: lecture was like, you guys have to get your super
• 25:12
  Speaker 4: log into it and make sure that you're invested into
• 25:15
  Speaker 4: a high growth And I just like never thought to
• 25:19
  Speaker 4: look into my super. Like I know that sounds so
• 25:21
  Speaker 4: like funny, especially because like obviously all the funded knowledge
• 25:24
  Speaker 4: I have, like I just never really look into it.
• 25:26
  Speaker 4: So I did change it recently into a high growth,
• 25:29
  Speaker 4: so it's not into its default one as it was
• 25:32
  Speaker 4: when I was fifteen, So I guess that's going to
• 25:34
  Speaker 4: give me a better return as I go into the workforce.
• 25:37
  Speaker 3: And age totally, So tell me a little bit more.
• 25:41
  Speaker 3: I feel like you've got a really good one up
• 25:43
  Speaker 3: your sleeve. We already learned a few as well. But
• 25:46
  Speaker 3: what's your best money habit?
• 25:48
  Speaker 4: So I think I briefly touched on this, but I
• 25:50
  Speaker 4: think automating everything, so the day get paid, my money
• 25:54
  Speaker 4: automatically transfers into savings and the express goes into my
• 25:58
  Speaker 4: investment account. And then, as I said, I keep only
• 26:01
  Speaker 4: a little portion on my card that I spend, and
• 26:05
  Speaker 4: I have the habit majority of the time. Obviously, sometimes
• 26:08
  Speaker 4: I want to spend a bit more money, so I
• 26:09
  Speaker 4: transfer it from my savings, but like most of the time,
• 26:12
  Speaker 4: whatever money I have on that card, that's what I
• 26:14
  Speaker 4: spent for the two weeks and until obviously the next
• 26:17
  Speaker 4: pay So that's probably my best money habit. And as well,
• 26:21
  Speaker 4: when I go into work, I never spend it on
• 26:24
  Speaker 4: going out for lunch or anything like that. So I
• 26:26
  Speaker 4: think those two are like my biggest and best money
• 26:28
  Speaker 4: habits that I have.
• 26:29
  Speaker 3: When I was younger and I was in my first
• 26:31
  Speaker 3: like I don't know, I would call it like my
• 26:33
  Speaker 3: big girl job and in internships and stuff. Because I
• 26:36
  Speaker 3: did the same kind of thing that you did. I
• 26:38
  Speaker 3: felt a lot of pressure to go out with you know,
• 26:42
  Speaker 3: all the other girls in the office when they were
• 26:43
  Speaker 3: getting coffee or lunch or whatever. How do you manage
• 26:46
  Speaker 3: that situation when you're I guess so financially conscious you're like, no,
• 26:51
  Speaker 3: I'm not coming out, or like are you going along
• 26:53
  Speaker 3: and not buying the coffee? Like how does I guess
• 26:56
  Speaker 3: that new environment of being in an office where other
• 26:59
  Speaker 3: people doing it and you kind of want to be
• 27:01
  Speaker 3: involved and you're the youngest so you feel like you
• 27:03
  Speaker 3: need to how does that work for you?
• 27:05
  Speaker 4: I'm not like the best word to say is tight,
• 27:08
  Speaker 4: like of course, like I am happy to splurge on
• 27:12
  Speaker 4: like let's say, going out for coffee if it's just
• 27:14
  Speaker 4: like I guess, like as you said, in an office environment,
• 27:16
  Speaker 4: like I'm happy to do that. But obviously if it's
• 27:19
  Speaker 4: like all the time and stuff, I'm like, hey, like
• 27:21
  Speaker 4: I have my own lunch, I'm just gonna eat in.
• 27:23
  Speaker 4: But like you guys go out like that's completely fine.
• 27:25
  Speaker 4: But I am the type where I like, you know,
• 27:29
  Speaker 4: spending on people and being generous and like shouting everyone
• 27:32
  Speaker 4: and stuff like that. But at the same time, I
• 27:34
  Speaker 4: kind of limit that, and that's like an occasional going
• 27:37
  Speaker 4: out for coffee or going out for lunch, like let's
• 27:39
  Speaker 4: say like once a week or something like that. But
• 27:42
  Speaker 4: if it's continuous, then I'm like, hang on, this is
• 27:45
  Speaker 4: not for me. Yeah.
• 27:46
  Speaker 3: I feel like it's so much easier when you have
• 27:48
  Speaker 3: conviction in your goals to stick to them. I feel
• 27:52
  Speaker 3: like when I was a bit younger, I'd be like, oh,
• 27:54
  Speaker 3: I know, I don't want to spend the money on it,
• 27:55
  Speaker 3: but they have got nothing better to spend it on,
• 27:57
  Speaker 3: Like I'm just going to do this. But when you're like, no, no, no,
• 28:00
  Speaker 3: I'm like investing and I'm saving and like this is
• 28:02
  Speaker 3: so much better. I feel like you're so much more
• 28:05
  Speaker 3: likely to go, oh, I'm really happy to not get
• 28:06
  Speaker 3: a coffee, or I'm really happy to go and not
• 28:08
  Speaker 3: get one, because you don't automatically think, oh, they're gonna
• 28:11
  Speaker 3: think I'm cheap. You're all thinking not anything like that.
• 28:15
  Speaker 3: You're actually thinking, oh my goodness, I'm investing, I'm saving.
• 28:19
  Speaker 3: These guys are wasting money, and like the narrative kind
• 28:22
  Speaker 3: of shifts. I wish I had that mindset when I
• 28:24
  Speaker 3: was your age. Now, tell me, what do you think
• 28:26
  Speaker 3: your worst money habit is.
• 28:29
  Speaker 4: That's a good one. I feel like going to like,
• 28:33
  Speaker 4: let's say kmar Like, I know that's like such like
• 28:36
  Speaker 4: a Aussie thinker.
• 28:37
  Speaker 3: Saying no, it's a slippery sloping yeah, like just going.
• 28:39
  Speaker 4: In and being like, oh, this is cheap, like I
• 28:41
  Speaker 4: might as well just spend on her. And I feel
• 28:43
  Speaker 4: like I end up coming out and spending like what
• 28:46
  Speaker 4: fifty one hundred dollars on stuff that I didn't even
• 28:48
  Speaker 4: need when I walked in. So I think that's probably
• 28:51
  Speaker 4: a really bad trait that I have sometimes. Or even
• 28:54
  Speaker 4: going past let's say like a bakery or something, or
• 28:58
  Speaker 4: like a milkshake place, been like, oh maybe I should
• 29:02
  Speaker 4: just get one. I should treat myself. It's been a
• 29:04
  Speaker 4: long week. But other than that, those are my main
• 29:06
  Speaker 4: two that I have.
• 29:07
  Speaker 3: Fair Now tell me we've had a chat today. It's
• 29:10
  Speaker 3: been great, you said, I think I'm a solid b.
• 29:13
  Speaker 3: Everybody listening is wanting to shake you, just to be
• 29:16
  Speaker 3: really realistic because they're like, this girl is so good.
• 29:19
  Speaker 3: Tell me what would it take to get you to
• 29:22
  Speaker 3: say that you're an A with money? Because I think
• 29:25
  Speaker 3: everybody listening and I we're all sitting here going I
• 29:28
  Speaker 3: think she's an A already, But from your perspective, what
• 29:31
  Speaker 3: would it take to get there?
• 29:32
  Speaker 4: I feel like to get to an A, I feel like, well,
• 29:36
  Speaker 4: it is when I kind of reach the goal of
• 29:39
  Speaker 4: earning more like passive income. I guess being in a
• 29:42
  Speaker 4: position where I'm in a full time job as well.
• 29:44
  Speaker 4: I think that's and then I actually leave home, and
• 29:47
  Speaker 4: then I'll know the real test, like am I ready
• 29:50
  Speaker 4: for this world? Am I going to be on top
• 29:51
  Speaker 4: of my expenses and I'm the top of everything? I
• 29:53
  Speaker 4: think when I'm actually like at that age, then I'll
• 29:56
  Speaker 4: be like I'm an A. But at the moment I
• 29:58
  Speaker 4: would say, I'm still going to say a bit of
• 30:01
  Speaker 4: A being.
• 30:01
  Speaker 3: Okay, all allow it. I'm not going to argue with you.
• 30:04
  Speaker 3: But if I was to grade you, you would be
• 30:06
  Speaker 3: an A plus as a twenty one and all, Who's like,
• 30:09
  Speaker 3: you're so self aware, You're so knowledgeable, you are so smart. Curiously,
• 30:13
  Speaker 3: I feel like such a mum saying this, but I'm like,
• 30:16
  Speaker 3: your parents would be so proud. Oh, thank you, Like
• 30:19
  Speaker 3: I hope when Harvey and Cammie are like twenty one,
• 30:21
  Speaker 3: they're like, oh, I'm an investor, I'm a saver, I'm
• 30:24
  Speaker 3: doing like it's just so cool to see, Like I
• 30:28
  Speaker 3: just feel like I didn't even have that much conviction
• 30:30
  Speaker 3: at twenty one. So I just thank you for sharing
• 30:32
  Speaker 3: your story. Thank you for letting me be really pervy
• 30:34
  Speaker 3: about what ETFs you've got. Thank you for letting me
• 30:37
  Speaker 3: be shocked about you having thematic ETFs and being like,
• 30:41
  Speaker 3: oh no, I added this in because I'm actually a wizard.
• 30:44
  Speaker 3: I love these conversations, and I just know the community
• 30:46
  Speaker 3: would have loved hearing this one. So it's been a privilege.
• 30:50
  Speaker 4: Thank you, my love, No, thank you, thank you for
• 30:52
  Speaker 4: having me on the show. And I hope that whoever
• 30:54
  Speaker 4: is listening just start investing. Even if it's just a
• 30:57
  Speaker 4: little bit, even if it's like a lot, does it matter.
• 31:00
  Speaker 4: I think just starting is the main thing. I agree,
• 31:02
  Speaker 4: Even if you're my age at twenty one, or you're
• 31:05
  Speaker 4: let's say, like just about to retire, I think starting
• 31:08
  Speaker 4: is the most important thing.
• 31:09
  Speaker 3: I agree. And the money tarisked here. She's going to
• 31:11
  Speaker 3: take my job in like five years. I'm telling you
• 31:13
  Speaker 3: right now, she's coming blast.
• 31:15
  Speaker 4: Thank you.
• 31:21
  Speaker 2: The advice shared on She's on the Money is general
• 31:24
  Speaker 2: in nature and does not consider your individual circumstances. She's
• 31:27
  Speaker 2: on the Money exists purely for educational purposes and should
• 31:31
  Speaker 2: not be relied upon to make an investment or financial decision.
• 31:35
  Speaker 2: If you do choose to buy a financial product, read
• 31:37
  Speaker 2: the PDS TMD and obtain appropriate financial.
• 31:40
  Speaker 3: Advice tailored towards your needs.
• 31:42
  Speaker 2: Victoria Divine and She's on the Money are authorized representatives
• 31:46
  Speaker 2: of money. Sheper pty Ltd ABN three two one IS
• 31:50
  Speaker 2: six four nine two seven seven zero eight AFSL four
• 31:54
  Speaker 2: five one two eight nine
• 32:01
  Speaker 1: The