Latest / The Curve / Reflecting on 2024 and Predicting 2025.

Transcript

Reflecting on 2024 and Predicting 2025. · The Curve

0:00
Welcome to the Curve Weekly, the podcast that keeps you up to date with all of the money
0:04
business and stock market too. Brought to you by the Curve's research team,
0:07
that's the latest insights on what's happening in the stock market, companies,
0:11
other money related news so that you can stay educated and ahead of the curve.
0:15
You can thank us later for sounding smarter than those finance bros you need to know, Patti.
0:19
I can't believe I'm speaking to the one and only coin tosser from the tennis.
0:25
Oh my gosh.
0:30
How did you get roped into that?
0:33
I'm just such a tennis pro.
0:36
No, I was doing a presentation at PSB and just before I spoke, they were like, hey, Vick,
0:43
would you like to do the coin toss?
0:45
And I didn't think anything of it. I was like, yeah, great. But Eva, I was like, oh my gosh.
0:49
Oh my gosh, are you going to do it? Oh my god.
0:51
So Eva, I was kind of building, I was like, oh, this is quite a big deal.
0:54
Well, match if you dropped the coin or something.
0:57
Sorry, also for anyone listening and they have no idea what we're talking about,
0:59
the tennis is happening in New Zealand at the moment.
1:02
Vick is...
1:03
The ASB classic, yes, it's like, it's like,
1:05
oh, Australian open.
1:07
And Vick is in New Zealand right now and she is getting all the PR for the curve.
1:15
And actually, the best part was Tom from the curve, like, who actually works with us.
1:19
It seemed just like a screenshot of the ad and it's like,
1:22
want to be the coin tosser and it's literally got like the outline of a child
1:26
and a question mark over the head.
1:28
And it's like, make your dreams come true.
1:30
And it's like, I know, I'm so proud of that.
1:34
The players are also so young and like, so, so what?
1:39
What's a, what's a muscle? Do you know?
1:41
They're athletes.
1:42
Yeah. Yeah.
1:43
They did take the heart, but they are 18.
1:46
Yes.
1:47
That's all right.
1:50
Anyway, 25.
1:51
It's 25.
1:52
Woo.
1:59
No, it's honestly.
2:01
No, it has been a nice break.
2:04
Sometimes I...
2:05
You know, I get bored of my own voice, so it's nice to have just, like, you know,
2:09
had a couple of weeks to stop talking.
2:11
And then now we're back.
2:12
However, do you know what it did make me realize, Vick?
2:14
I don't know, you're that, but I don't know anything that happens in the financial markets
2:23
and the news without the curve weekly.
2:26
Someone was saying something yesterday about Trump wanting to take over Iceland or Green
2:32
and England and Mexico and I was like quickly Googling like, you're like, when I need
2:38
her.
2:39
I was like, oh wow, wow, thank God for that.
2:42
Yeah, no, I must admit, I didn't event, I didn't event at the tennis and it was talking
2:47
about interest rates, you know, what's going on in the economy, America, Trump and I was
2:52
my brain was hurting because I hadn't been used in a while.
2:56
You've really switched off.
2:58
Yeah, no, no, it's just like I can read the news, but just like talking about interpreting
3:01
it, I hadn't done for a while, you know.
3:06
We're starting the year with a fun new game that we've decided is going to be an ongoing
3:11
tradition.
3:12
So 2026, wow, what's going to happen this year?
3:17
That just all of a sudden hit me, we've got a whole fresh year.
3:20
I must say, I've started the year strong, I don't know about you, but I'm feeling strong
3:25
about financially strong, physically strong, emotionally strong, will be above.
3:29
But emotionally strong, although getting there, I would say physically not strong at all,
3:35
also getting there financially strong, not like quite financially strong, I would say
3:42
actually, I just meant like I really take the new year as such a chance to just clean
3:48
all my shit up, you know, it's like, right, I'm going to do this this year, I'm going
3:52
to do that and I actually, I think I was what listing or watching to Grace Beverly's
3:56
YouTube about her productivity method, she was going on about how like, you know, it's
4:02
fine to make a goal.
4:03
I mean, yes, a goal written down is 40% more likely to come true, but if you don't break
4:08
down the steps from where you are now to where you're going, which essentially ends up
4:12
being habits, which we all know, but actually like to go and spend the time to go and do
4:19
the thing and then put it in your calendar and then and whether it's an automatic payment
4:23
or whether it's reminding yourself that you want to do a grand shoot, you know, whatever
4:27
the things are, you need to put things in place and I'm just feeling like proud of myself.
4:33
That visualization thing is definitely so true.
4:37
I've got a full on background on my computer now.
4:39
Yeah, and like, you do like vision boards, yeah, I know I did my tenure vision at the end
4:45
of last year.
4:46
Good God.
4:47
What's in it?
4:48
It's like, where are we living?
4:50
What are we doing?
4:51
How are we feeling?
4:52
We will be living.
4:53
Who I'm used.
4:54
This is huge.
4:55
You can't like reveal this to me in a podcast.
4:57
We'll take this offline.
4:58
We'll take this offline.
4:59
We'll take this offline.
5:00
We'll take this offline.
5:01
Because now I'm scared you're going to be like, yeah, okay, we'll take that offline.
5:05
But it's so true if you visualize it, it comes true.
5:09
Well, most of the time.
5:10
But.
5:11
Well, it's not just visualizing though, right?
5:12
Like you've got actually do this stuff.
5:14
Yeah.
5:15
As an example, if your goal was you wanted to invest 10% of your paycheck every month,
5:23
do know what 10% of your paycheck is.
5:26
Have you automated that amount and two, where you plan, you know, like, it's all good to
5:30
say it, but unless you go and do the work, there's kind of no point in writing it down.
5:35
You know what also helps setting yourself up financially for the year is being in a country
5:41
where your money goes further.
5:44
So converting my pounds into Kiwi dollars, it's effectively, like, doubling my money,
5:50
which is great.
5:51
But isn't it kind of not doubling your money when things are double the price?
5:56
Well, it's like paying for a coffee over here that might be $5, it's like $2.50.
6:01
Everything here is expensive.
6:02
Don't get me wrong.
6:03
It's definitely more expensive than when I left.
6:06
But because I'm now earning pounds and converting it back, my pounds are essentially
6:10
doubling.
6:11
Okay.
6:12
So it's great.
6:13
So everything feels, you know, when you go to the UK as a Kiwi, you're like, oh my gosh.
6:18
Yeah.
6:19
I'm not convinced only because, I mean, are you basically saying that our salary when
6:25
we go to New Zealand has doubled.
6:27
However, even though things are expensive in New Zealand, they're not quite as expensive
6:33
as literally double.
6:35
So for example, if a coffee here is three pounds, it's not going to be six New Zealand.
6:40
It might be five.
6:41
So even though.
6:42
Yeah, yeah.
6:43
Okay.
6:44
Right.
6:45
So everything seems cheaper.
6:46
Yeah, it might just be mindset thing, but also I think just like summertime is a bit
6:52
more cheaper.
6:53
That is not true.
6:54
You go on the most outrageous summer holidays, but in Europe, you know, like here, here I
7:01
just go up to the Caramander and just like swim and go to the beach and play tennis and
7:06
go for walks.
7:07
It's like very cheap holidays in the sense of it.
7:10
You own the house that you get to holiday and it's very cheap.
7:17
When we did that post around financial transparency, and I disclosed what my investments were,
7:24
and it was inspired by girls that invest, one of our community members pointed out what
7:32
about your investment in the curve.
7:33
I didn't think that when I saw it.
7:35
And I was like, oh, my goodness, that is my biggest asset right now.
7:40
And you just casually left it off when you're so in something or just how much I had thought
7:47
of a private investment in a business.
7:51
Oh, yeah, I'm sorry, I put my hand up and say, I don't know what happened.
7:53
I think my brain was still in holiday.
7:55
Oh, she did have a question.
7:58
Yes, my emergency fund being so low.
8:02
Like that seems really low because I used it on what building it back up because I had
8:08
a month where I had to pay a mortgage in between my tenants in my house in Auckland.
8:12
So I had to use it.
8:14
So you actually use it on an emergency?
8:17
Yes.
8:18
Wow.
8:19
This is a celebration.
8:20
Probably a bit of a gray area about whether it was emergency and poor planning on my
8:22
part, but yes, I dipped into it.
8:24
I was really glad that that person said that because I thought the same thing.
8:29
I thought Tori Harris has been doing us duty.
8:32
She's been telling us to have three to six months of emergency funds.
8:36
And here we are looking at yours and you've probably got one and then that makes a lot
8:40
of sense.
8:41
Yes.
8:42
I've never seen someone so excited for me to have an emergency.
8:45
Sorry.
8:46
I know that's because that's what they're for, you know, it's like it's almost like being
8:51
like, we prepare for earthquakes, but then there's never an earthquake.
8:55
And I'm not saying an earthquake is a good thing, but it's like when you've done the
8:57
preparation and you know to stand in the doorway, you know, there's a tiny little positive
9:03
in there.
9:04
Yes.
9:05
Exactly.
9:06
I'm speaking of emergency funds, I was, I'm part of this group and we sell our clothes
9:10
online and it's great because it's like, if it's not, if I'm not wearing it or not
9:15
going to, I'm going to take to the landfill, I'm going to sell it and get some money for
9:19
it.
9:20
And I see my bank details as this girl that bought a, I think it was the top.
9:24
And she was like, what's the name on the account?
9:26
It's kind of a bit anonymous because there's six or eight of us in the group and you don't
9:30
really know who you're buying from.
9:31
And then so I put my name and she was like.
9:35
She transferred the money for the top and the account was called Emergency Fund.
9:40
And she was like, oh, she's like, sorry, please don't, it's so good.
9:46
And I was like, wow, I was like, of all people that you could be buying a top off.
9:53
It's me.
9:54
And she just felt so guilty.
9:55
It was quite funny.
9:56
She's so funny.
9:57
Oh my God.
9:58
It was really good.
9:59
A really good example of a non-emergency, by the way.
10:06
I know.
10:07
Yeah.
10:08
And I was like, not judging, but kind of him.
10:13
That's so good.
10:14
I want to do a quick wrap up of 2024 because we had another incredible year in the stock market.
10:20
The S&P 500, so the top 500 companies in the US was up about 25%, which if you've been
10:28
listening for a while, you know that that index or the US stock market usually does about
10:33
10% on average over the long term.
10:36
That's kind of if you average out all the ups and downs over the last 30 years, it's been
10:40
about 10% return per year.
10:42
So the fact that it's delivered 25% is like well above that, that's an incredible year.
10:49
And I was looking back over the last 10 years.
10:53
There's only been three years where the S&P 500 has delivered a negative return.
11:00
And if we go back to the last 20 years, there's only four years that it's had a negative
11:07
return.
11:08
What do you mean negative as in some would have lost money?
11:10
A negative year as in a negative annual year of return.
11:13
So this year it's done 25% and a negative would be negative one, negative 10, negative
11:18
20, that would be so bad if it was doing negative.
11:23
But no, I'm saying in the last 20 years, there's only been four years where it's finished
11:30
negative or down.
11:31
I don't know, I don't like those stats, four out of 20 years.
11:38
That means like every year pretty much you're getting a positive return apart from four
11:42
years.
11:43
But people like who maybe are hearing that and thinking yeah well I don't want to get
11:46
a negative return.
11:47
I would put that on itself and say, but all those people that like too scared to invest
11:51
in the stock market, there's only been four times out of the last 20 years that you possibly
11:59
could have lost money.
12:00
Okay, that's less scary.
12:01
Yeah.
12:02
So all those people that are waiting for the stock market to be down before they invest
12:09
and they're trying to time the market, you're lucky.
12:12
You could be waiting five years, four years, you know, that you could be waiting a very,
12:17
very long time.
12:18
So the lesson everyone invests.
12:22
And also the thing is when we put our money in places like the S&P 500 for example, we're
12:28
not putting it in there for a quick win anyway.
12:30
So the idea is that you're not pulling it out on those years so it doesn't matter.
12:35
Yeah.
12:36
And so the last two years have been over 20% return for the US stock market and that is
12:44
the best two year run that the stock markets had since 1998.
12:49
The biggest contributor to that return was obviously the IT sector, so the information
12:53
technology sector, which has got your Microsoft, your Nvidia's, your Apple's, which we all
12:59
know have done fantastically well.
13:02
So over half of that return was due to that sector.
13:06
And then I was like, I got looking at other stock markets around the world.
13:10
I was like, yeah, we always talk about the US, but like, what about the UK?
13:13
And that was that done.
13:14
And there's a reason no one's really talking about the UK stock market or, you know, everyone
13:19
wants to invest in the US stock market, A, because it has done well, but also B, that
13:24
the UK market hasn't done very well.
13:28
So if you had put in $10,000 into the US stock market 24 years ago, so in 2000, you'd have
13:35
$65,000.
13:36
So you just put that $10,000 and you didn't add to it at all.
13:40
You'd have $65,000.
13:43
If you'd put that in the UK stock market, you would have made $20,000.
13:47
So why to start difference.
13:49
Now if you put that in as $100,000, and you'd have $650,000, you know, the more you put
13:56
in, the bigger your return.
13:58
But this is why everyone wants to invest in the US stock market, is because it just continually
14:03
does well and continues to outperform other stock markets around the world.
14:07
So it's banger after banger after bangers, but the more bangers it has, the more likelihood
14:15
it is to have a non-banger.
14:17
I disagree.
14:18
AI is absolutely belowing up in our face.
14:25
Like there's a, don't you think innovation equals stock market going up to the right and
14:30
having a great year?
14:32
Well, it leads to company profits and a lot of the US stock market has got tech companies
14:36
in it.
14:37
And so yes, when they're benefiting from things like AI, then the whole US stock market effectively
14:43
does well.
14:44
I love that you just segway into that.
14:47
Do you think so, we're moving on to our prediction.
14:51
Do you think at the end of 2025 that the US stock market will be up or down up, like what
14:57
is a rough percentage?
14:59
No, I'm going to be specific here.
15:01
Okay.
15:03
So 2023 was 24%, 2024 was 25%, so nearly 50%, 27%, sorry, me, my judgey face.
15:14
What are you, what are you putting down?
15:16
I reckon up 4%, oh, no, I was going to say down, but then I don't want to be a negative
15:23
Nancy.
15:24
You reckon only 4%, yeah, there is no reasoning to my, oh my god, we're so different with
15:31
our prediction.
15:32
Well, it makes you think it's going to be so bad.
15:36
Just purely probabilities of how well it's done, it's well above that 10% return.
15:41
So I'm just thinking it has to kind of come a bit back down to reality at some point.
15:45
Okay, here's my prediction.
15:47
I think that AI is going to take, I reckon another two years before it plateaus.
15:53
So I reckon the next two years in the stock market is going to be bigger and then bigger.
15:58
And I think when AI starts to settle down and there's not a huge amount of growth happening
16:02
there, then I think it's going to go back to being lower.
16:06
Yeah, no, I agree, I agree with that.
16:08
So why did you make a 4% prediction?
16:11
Because I think the market's forward looking, so I think that's already priced in.
16:14
Oh, that's so genius.
16:18
Damn, I want to change my answer.
16:20
Oh my god, you're so right.
16:24
That's such a good example of when you say markets are forward looking.
16:27
Yeah.
16:28
Oh my god, so they're going to crash.
16:31
No, no, no, no, no.
16:33
Okay, next one.
16:35
Will Bitcoin hit $200,000?
16:38
Yes.
16:39
Yeah.
16:40
Okay.
16:41
I'm going to say no just because just to make this more fun.
16:43
Yeah, yeah.
16:44
What do you reckon it would get to?
16:45
Any ideas?
16:46
I think like 150 maybe.
16:48
I think it's still, like if you look at this Bitcoin chart, like roofed it and did really well,
16:53
then kind of plate out for a while, then head this other leg up.
16:56
It does these big jumps and then kind of like hovers around.
16:59
It doesn't really do much.
17:00
And then that has, you know, there's something else that's a catalyst that like propels it up
17:04
again.
17:05
So I just feel like we're maybe in this bit of a low.
17:08
Like we had the boost from Trump being like, I'm going to make US, you know, the crypto capital
17:13
of the world.
17:14
And we've had ETFs that help everyone actually invest in Bitcoin.
17:17
And I kind of, I can't see the next catalyst.
17:23
It doesn't mean there's not going to be one, but it's just say maybe there is this bit of a
17:29
low.
17:30
But I think Trump is going to be shaking his Bitcoin back around.
17:35
And I think that everyone, including the taxi driver, will be investing in Bitcoin.
17:41
And it will be every single person has money in Bitcoin.
17:44
And it's just, oh, but that's when it stops going up because there's no money going to it.
17:50
Oh my God, I'm getting really smoked here.
17:53
No, but we don't know.
17:55
But honestly, the number of things that came out of the woodwork this year, you know,
17:59
that we never would have predicted, like even Trump getting into power.
18:02
It's just like, yeah, but I want to be making educated guesses.
18:06
And I feel like it's so hard actually.
18:09
Do you think tech talk will get banned in the US?
18:12
No.
18:13
I think that Trump would just be like, there would be a stupid move for him.
18:17
But he is stupid.
18:19
Do you think interest rates in New Zealand will be higher or lower by the end of the year?
18:22
What are they now?
18:24
It's at 4.25%.
18:26
Remember what moves interest rates?
18:28
So if New Zealand heads into recession or like things get a bit tough,
18:33
then you want to cut interest rates to help stimulate the economy.
18:37
But if things are going really well, then you kind of either leave them as they are
18:40
or you could possibly increase them.
18:43
If inflation gets too high, then you want to start increasing rates.
18:47
I think it's going to be at about 3%.
18:50
I'm saying that because I think there is a tough time ahead for the New Zealand economy.
18:57
And I think that I don't think it's going to drop crazy amounts.
19:01
Because also that's so counterintuitive.
19:03
If inflation is high, interest rates are high.
19:06
Because it's like a hand break on the economy.
19:09
You want to stop people spending.
19:11
You want to encourage people to save.
19:13
Because the more people that spend, the more prices go up.
19:17
The more demand here is.
19:19
So it is very dependent.
19:20
If we get run away inflation again, we could very much see.
19:24
Because that's the thing, right?
19:25
It's not just about like the economy struggling.
19:27
If inflation all of a sudden gets even more out of control,
19:31
interest rates will go up.
19:34
If the economy is struggling and inflation isn't super high,
19:37
then I would say interest rates would be around 3%.
19:40
I like that figure.
19:41
Should we agree on one?
19:43
Yeah.
19:44
3%.
19:45
I've got 3%.
19:47
This is so much fun.
19:48
How many female CEOs do you think there will be in the S&P 500?
19:52
There's currently 30 out of the 500 companies in the index.
19:56
But how many was there last year compared to this year?
20:00
So it's gone from in 2021.
20:02
We had 30 in 2022.
20:05
We had 32 in 2023.
20:08
We had 41 and we are now at 39 women in 2024.
20:13
So it's been jumping around.
20:15
I'm going to have 45.
20:16
No, that's too ambitious.
20:18
I'm going to go 44.
20:21
Don't go one down.
20:25
I'm going to go 50.
20:29
I just want this.
20:31
I think this might be the year where there is a big acceleration.
20:37
Sain actually.
20:39
Yeah.
20:40
I just want this.
20:42
They're almost not being a backlash from Trump,
20:45
but just like you know what,
20:47
we can still progress despite who's leading the country.
20:50
You know, I just feel like there's going to be a big ramp up.
20:54
I'm going to go 50.
20:55
Okay.
20:56
Can I change mine?
20:57
I want to be ambitious.
20:58
I'm going to go 50.
21:01
Christian, where do you think this is going to be?
21:07
So you've called it out of Apple Navidiar.
21:11
Microsoft, Mesa, Amazon and Google.
21:13
So the kind of the big four.
21:16
Yeah, which do think we'll perform the best at the end of the year.
21:20
Google.
21:22
In the UK, do you think inflation will be higher or lower?
21:28
What is it now?
21:30
It is at 3.7%.
21:33
It's the highest level it's been since March last year.
21:36
Why would it go up?
21:38
It could go up because
21:41
Trump decides it's going to be a trade war.
21:44
And the biggest trading partner for the UK is the US.
21:47
And so we know that tariffs don't mean
21:49
yes, the company pays them, but at the end of the day,
21:51
it means higher prices on things for you and me.
21:53
So that could be one reason.
21:57
It could be things like climate change has been
22:01
impacting the price of coffee, the price of agriculture
22:05
because the price impacted.
22:07
It could be energy costs or a big one for the UK.
22:11
All of these things are sounding like I'm guessing high,
22:15
like 6%.
22:18
OK, yeah.
22:19
What's your guess?
22:20
I can 4%.
22:21
You were just trying to lead me up the garden path, weren't you?
22:27
Oh, this is a good e.
22:29
And this is kind of free reign.
22:31
What do you think will be the top three performing stocks
22:36
in the S&P 500 by the end of the year?
22:38
This is so fun.
22:40
Oh god, OK, I feel like neither of us will get these right.
22:44
I'm guessing Google will be up there.
22:46
I mean, we both just guessed that.
22:47
So Google, I mean, this is just a bit fun.
22:50
Like, it could be some rogue company,
22:52
like monster energy drinks, which is done so well.
22:56
Hazard.
22:56
Sorry, no, that's not an S&P 500.
22:58
So sorry, but has it done well?
22:59
It's so random.
23:00
Hostile drinks, I know.
23:03
I was doing it for the other day.
23:04
And I was like, if you were in the office
23:06
and someone opened a can of monster,
23:08
it would almost be worse than lighting up a cigarette.
23:11
So, like, that sweet smile, you can just smell it.
23:16
Also, just the kind of the judgment of like, oh my gosh,
23:20
are you actually doing it?
23:21
They're also, honestly, the biggest drinks ever.
23:23
Like, they're enormous.
23:24
No wonder you actually fly off the wall.
23:26
The branding's horrific.
23:28
Yeah, it's not good.
23:29
I don't mean I don't think we need target market to be fair.
23:31
No.
23:32
Um, I mean, I'm really strong.
23:34
I can't think of any companies in my computers too far away
23:36
to even look at who's in the S&P 500 right now.
23:39
Can you throw some names at me?
23:40
Why don't we?
23:41
This is a good, we look at the worst performing stocks
23:44
in the S&P 500.
23:45
Okay.
23:46
Because, you know, they might be the underdogs.
23:50
Do you think Tesla's going to do well?
23:51
Yes, actually, because him and Trump are like BFFs.
23:55
Hurts is one of the worst performing.
23:56
Hurts car rentals.
23:58
It's the only thing that's going to shoot the lights out
23:59
more than a video.
24:00
LAUGHTER
24:03
I'm mad just...
24:05
Hurts, we're coming in!
24:08
I'm coming in.
24:09
Pulling their trucks up.
24:10
Okay, other companies in the S&P 500, we've got like,
24:13
Visa, we've got MasterCard, we've got Airbnb.
24:18
I think maybe crypto or something crypto-related will list.
24:22
Something crypto-related.
24:23
Micro-strategy.
24:25
It's not in the S&P 500, but it can be.
24:27
It can be, okay.
24:28
We talked about that in the club, by the way,
24:30
in case anyone's like, what is that?
24:31
In the Investing Club.
24:32
There is.
24:33
Ultra-beauty, eBay.
24:36
First solar, I'm going.
24:37
First solar, I'm going Google, I'm going...
24:42
A random crypto company that all of the sun
24:44
booms to the top.
24:46
What are your guesses?
24:47
I'm going to do a new video again.
24:48
Yeah, I was going to do that, but I thought it was too basic.
24:51
I'm going to do Google, too.
24:53
Be a light.
24:54
This is not a paid endorsement by Google.
24:58
I'm going to do Pfizer, just because...
25:03
What are they working on?
25:05
They're working on...
25:06
Oh, the drug there is impact drug.
25:09
And Netflix, bring it on.
25:10
I feel like I'm going to lose already, but...
25:13
Can we have a fourth?
25:14
Yep.
25:15
You're going to do a fourth, yeah.
25:16
I'm going to do a bit shy, I had the way.
25:18
One of our thoughts.
25:18
You love her, don't you?
25:20
Yeah.
25:20
One more from you.
25:21
What are you?
25:22
I'm going to put Tesla in.
25:23
Oh, yes, yeah, nice.
25:25
Yeah.
25:26
What are you putting in Pfizer to meet her?
25:29
Yeah, because did you see that thing?
25:31
No, did you see that thing that he...
25:33
The censorship stuff, like, oh my God,
25:35
he's so jump-hunter-bed with Elon and Trump.
25:38
I know.
25:39
Yeah.
25:40
They're having a threesome.
25:41
I can feel it.
25:42
They're having a threesome.
25:43
And then someone, I saw this headline,
25:44
and it was like,
25:46
Meta founder is a pedophile, they're, like,
25:48
because it's like, he's not fact-checking any of his...
25:51
Oh, that's so good.
25:52
Any of his stuff?
25:53
I was like, oh my God, is he?
25:54
And I was like, oh, they're trying to get their point across,
25:58
they see, I was like, how did it work?
26:00
Oh, so those are our predictions.
26:02
Okay, I can't wait to see.
26:05
Oh, last one.
26:06
What do you think is going to be
26:08
the, like, left-field, black swan thing
26:12
that nobody's thought about that's going to happen?
26:15
This is the best game we've ever played together.
26:18
Think absolute rogue.
26:20
Class pass.
26:22
Class pass or IPO?
26:23
I think that's probably a good one.
26:25
Thank you.
26:25
That's what I thought.
26:26
But that's not a fun one.
26:28
Okay.
26:29
Oh, I reckon Alex Cooper's going to start running for president.
26:33
I agree, but that's four years away.
26:35
Yeah.
26:36
No, you're right, you're right.
26:37
What about Japan becomes the economic hub for the world?
26:44
Yeah.
26:45
Japan's like economy just starts like
26:49
kind of rivaling China's almost.
26:52
Yeah, like that.
26:53
Honestly, if I could just by the way,
26:55
five years ago look at myself now
26:57
having so much fun guessing this random stuff,
26:59
like it is ridiculous.
27:02
There's probably three people still listening
27:03
to this episode.
27:05
Yeah, yeah.
27:06
No, it's so boring.
27:08
I reckon Australia takes over New Zealand
27:10
and there's an all-out war.
27:12
What's wrong with you?
27:13
I reckon Netflix and Spotify will merge.
27:18
Yeah, great.
27:19
One of the biggest media companies in the world.
27:23
Genius, that's actually a genius one.
27:25
That's me.
27:27
Oh, I love that.
27:27
That's so good.
27:29
Oh, okay.
27:30
I'm excited.
27:30
Let me fast forward to the end of the year
27:32
and see who's right.
27:33
What, I should do this in my personal life.
27:36
So that is.
27:38
I love how you managed to get out of researching
27:40
for the curve weekly this week.
27:43
So I did, but we've just run out of time
27:45
because our predictions took so long.
27:48
Well, we could put the rest of that in the club
27:51
in the Investing Club.
27:52
We could.
27:53
All your research.
27:54
Don't put it in the air.
27:55
If anyone does want to find out about the Investing Club,
27:57
we're doing our vent trick and it's really so.
27:59
And if you get a year-long membership
28:03
to the Investing Club,
28:04
then you get a free ticket to the event.
28:06
So if you want to, you know, just really double down
28:09
on your investing money knowledge, join the club.
28:12
Yeah.
28:13
So we have an event in Auckland in February
28:15
that we're really excited about.
28:17
And the way that you can get access
28:19
to that is buying an annual membership to the club.
28:22
Kind of like our club launch party.
28:24
Mm-hmm.
28:24
We'll put all the details in the like,
28:27
I'll show you.
28:27
So the way I've just confirmed a new guest.
28:30
Oh, nice.
28:31
Yeah, it's a goody.
28:32
She's cool.
28:33
Anyway, I hope you've had a great break over Christmas.
28:37
New year.
28:38
And we're excited to be back online.
28:42
Can I just say I would actually love to hear,
28:44
can you either send us a DM,
28:45
or maybe actually just comment on Spotify?
28:48
What is your number one prediction for what company
28:51
you think is gonna do the best for the S&P 500 or 2025?
28:56
Like just comment.
28:57
Well, look, I'll see you in New Zealand.
28:59
So, I know you're on your way over soon.
29:02
It was great.
29:02
Your friend's like, when Sophie get here,
29:04
I'm like, I should just wear a sign.
29:06
I'm here.
29:07
Sophie's coming.
29:08
Ha-ha-ha-ha-ha-ha.
29:10
Oh, I love that.
29:11
People want to see me.
29:12
Okay.
29:13
I know they do.
29:14
See you soon.
29:15
I want to see you.
29:16
Bye, oh, bye.
29:18
Thank you so much for listening to the Curve Weekly.
29:20
Make sure you hit the subscribe button to stay up to date
29:22
with all the many business stock market news.
29:24
And if you like what you heard,
29:26
we'd love a review.
29:27
Thank you.
29:28
We would love a review that if you did hate it.
29:30
Please, don't leave one if you hate it.
29:32
No, but in all seriousness, could you please leave a review
29:35
because it really helps other people find
29:37
our cute little podcast.
29:39
And we hope you have a good week.
29:40
And see you next Monday.
29:41
Bye.
29:42
Bye.
29:43
So, yeah.
29:44
See you next Tuesday.
29:45
Well, see you next Tuesday.
29:49
I mean, Monday.
29:50
No, actually though, new episodes out every Tuesday.
29:56
Okay, quickly, the Curve was created to empower
29:59
and educate you about investing,
30:00
but we are not financial advisors.
30:02
Our platform exists for educational purposes only
30:05
and it doesn't provide personalized
30:06
investing advice for your individual needs
30:08
and should not be relied upon to make
30:10
an investment or financial decision.
30:12
And always remember to do your own research
30:14
before making any investment or financial decision.
30:17
We're here for any knowledge and support you need,
30:19
but the final call is always yours.
30:21
And thanks for being here.
30:22
You got this.
30:23
Yeah, we know you got this.