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Investing Diaries: How She Turned Early Investing Mistakes Into a $100k Portfolio · She's On The Money

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  Speaker 1: My name's Tatasha Bamblet. I'm a proud First Nations woman
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  Speaker 1: and I'm here to acknowledge country te glennyan Ganya nian
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  Speaker 1: Ar Kaka yah Ya bin Aahaka nian Ar gay In, Mbini,
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  Speaker 1: yak um Jar, Dominyamga, Doumaga, ihowaka Nwaman, damon Immalan, Bumba
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  Speaker 1: bang gadaboma in and now in waka ghana on yak
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  Speaker 1: rum Jar Watanadaa. Hello, beautiful friends, we gather on the
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  Speaker 1: lands of the Aboriginal people. We thank acknowledge and respect
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  Speaker 1: the Aberiginal people's land that we're gathering on today. Take
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  Speaker 1: pleasure in all the land and respect all that you see.
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  Speaker 1: She's on the Money podcast acknowledges culture, country, community and connections,
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  Speaker 1: bringing you the tools, knowledge and resources for you to thrive.
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  Speaker 2: She's on the Money.
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  Speaker 3: She's on the Money. Hello, and welcome to She's on
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  Speaker 3: the Money the podcast and let's you be pervy about
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  Speaker 3: other people's money habits for educational purposes, of course. Welcome
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  Speaker 3: back to another one of our money diaries, brought to
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  Speaker 3: you by Sky Wealth, where we get to talk with
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  Speaker 3: one of our incredible shees on the Money community members
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  Speaker 3: all about their journey. Let's jump straight into it, because
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  Speaker 3: this week I got a message and it sounded exactly
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  Speaker 3: like this. Hi Victoria, I wanted to share my investing story.
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  Speaker 3: Dad got me investing in twenty fifteen when I started teaching,
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  Speaker 3: and I believed everything he said. Twelve months later, after
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  Speaker 3: a trip to England, I read The Barefoot Investor and
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  Speaker 3: I started teaching my dad. Now I have one hundred
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  Speaker 3: thousand dollars in shares and another one hundred thousand dollars
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  Speaker 3: just casually zitting in our offset account, plus one hundred
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  Speaker 3: and forty thousand dollars in superannuation. I live in a
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  Speaker 3: dream location with my husband and just can't stop learning
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  Speaker 3: about finances investing. Diarist. You are thirty two, sorry, one
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  Speaker 3: hundred grand in shares, one hundred grand in your offset,
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  Speaker 3: which means you also have a mortgage, and one hundred
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  Speaker 3: and forty grand in super That's wizardry. I'm obsessed. I'm
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  Speaker 3: glad you wanted to share your investing story.
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  Speaker 2: Yeah, it's a hard one to invest is you don't
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  Speaker 2: want to sound braggy or anything, but oh no, we
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  Speaker 2: brag around you. Yeah, but that's why I wanted to
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  Speaker 2: come on and I'm excited to talk about it with you.
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  Speaker 2: And I've definitely made plenty of mistakes.
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  Speaker 3: Okay, well let's learn more about that. But like when
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  Speaker 3: you're anonymous, you can absolutely brag like it's not something
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  Speaker 3: that I could rock up to breakfast with you and go,
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  Speaker 3: oh god, so so sorry you've said that. You ages
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  Speaker 3: go we're investing and something about you dad? How much
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  Speaker 3: money have you got? Like we can't ask that at brunch.
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  Speaker 3: We can have elusive around the corner questions and be like, oh, so,
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  Speaker 3: hell's your investing journey going, and you go, good, good good?
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  Speaker 3: How are the kids? Like, no, I get the perfect
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  Speaker 3: details here because you're anonymous. And that's my favorite thing
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  Speaker 3: about it. Before we get into it. Though. On every
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  Speaker 3: episode of a Money Diary, an Investing Darry or a
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  Speaker 3: Property Diary, I always ask Money Diarist money grade. If
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  Speaker 3: I asked you to give your money habits a grade
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  Speaker 3: from A through to F, what grade would you give them?
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  Speaker 2: Look, I'm pretty used to giving grades, and i'd have
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  Speaker 2: soon mean, I'm going to give myself an A. I'm
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  Speaker 2: pretty happy with where I am.
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  Speaker 3: I'd be very disappointed if you had put yourself as
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  Speaker 3: anything less than an a. So I'm glad we like
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  Speaker 3: kicking this off on exactly the same page now before
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  Speaker 3: you got investing, I want to ask about your money story.
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  Speaker 3: What was it like growing up, What was your attitude
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  Speaker 3: towards money? What is a little bit about your money story.
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  Speaker 2: I always sort of had an assumption that we didn't
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  Speaker 2: have much money. I don't think that's actually necessarily true.
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  Speaker 2: I just think mum and Dad were pretty careful, and
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  Speaker 2: to some extent, the four kids, they're living a bit
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  Speaker 2: paycheck to paycheck. You know, interest rates are crazy in
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  Speaker 2: the nineties, and.
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  Speaker 3: They don't let us forget about that either, do they.
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  Speaker 4: No?
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  Speaker 3: No, Like, oh wow, they were crazy in the nineties.
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  Speaker 3: I was not aware enough, But you guys have kept
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  Speaker 3: that alive for me, thank you. Yeah.
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  Speaker 2: So, I sort of suppose I looked around and I
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  Speaker 2: thought all my friends sort of got lots of stuff
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  Speaker 2: and went on holidays every year, and that wasn't my experience.
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  Speaker 2: But I think Mum and Dad just had to be
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  Speaker 2: a bit more careful with all of us kids. And
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  Speaker 2: I think they've really taught me what's important to spend
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  Speaker 2: your money on and what's not. And it's really nice
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  Speaker 2: because I can see now as my parents retire that
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  Speaker 2: they're living like a great life, like they don't need
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  Speaker 2: to worry about that anymore, which is also good.
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  Speaker 3: I love that, And that's kind of like the dream outcome.
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  Speaker 3: You don't need to be like a multi multi millionaire.
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  Speaker 3: You just need to be comfortable so that you can
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  Speaker 3: live the life you deserve. And like, how exciting is
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  Speaker 3: it seeing that and not having to stress about your parents'
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  Speaker 3: financial security or like what they're going to do, Like
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  Speaker 3: that is a privilege in itself.
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  Speaker 2: Absolutely. Yeah. And they've supported me a lot through UNI
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  Speaker 2: and things like that, so they just had priorities and
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  Speaker 2: I think that's what I've learned from them, to have priorities.
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  Speaker 3: No, I love it. So let's go back to twenty fifteen.
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  Speaker 3: You said in twenty fifteen, my dad got me into investing.
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  Speaker 3: What does that mean? Like, are we investing like he
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  Speaker 3: just did a crash course in the ASX. Are you
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  Speaker 3: investing in like I don't know, race horses? Like, tell
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  Speaker 3: me a bit more because that's elusive.
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  Speaker 2: He told me about Comseex and he has had a
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  Speaker 2: few shares and the different shares that he had and
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  Speaker 2: he was like, oh, you know, we're onto a real
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  Speaker 2: winner with Telstra. You should definitely get into Telstra. It's
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  Speaker 2: about to go crazy, all right, dad, That's so cute.
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  Speaker 3: Though. I hope that when Harvey's like old enough, I
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  Speaker 3: can be like, oh, what shares are we looking at? Babe?
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  Speaker 3: Like how fun?
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  Speaker 2: Yeah, that's where I started. And if anyone is familiar
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  Speaker 2: with how Tuestra has gone in the last ten years,
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  Speaker 2: you may or may not know that it has not
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  Speaker 2: been that high ever since then.
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  Speaker 3: It's not been ideal. No, Like he wasn't wrong at
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  Speaker 3: the time, but like, that's the thing about the share market,
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  Speaker 3: and that's why I actively promote diversification, because if you
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  Speaker 3: put all your eggs in the Telstra basket, you probably
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  Speaker 3: wouldn't be doing so well. But I'm assuming you were diversified,
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  Speaker 3: is that correct, because you don't get to having one
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  Speaker 3: hundred thousand dollars in shares if you'd just invested in Telstra.
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  Speaker 2: No, I am a dimestrad now. But it took me
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  Speaker 2: a long time. It was I sort of didn't do
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  Speaker 2: anything after that first time for maybe a year. I
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  Speaker 2: just felt like I didn't know anything. I mean, when
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  Speaker 2: I first got involved in investing, I thought it would
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  Speaker 2: be instant, like you could put in your order and
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  Speaker 2: then the money would come out of your account. Yeah,
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  Speaker 2: and that didn't happen, and so I put in another
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  Speaker 2: order m hm, and then I realized I didn't have
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  Speaker 2: enough money to do two orders.
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  Speaker 3: That's fair, that's fair. But like at least you were trying, Like, sorry,
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  Speaker 3: I'm just a girl. Sometimes.
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  Speaker 2: Yeah, I have to contact Consect and be like, oh good,
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  Speaker 2: do you please help me?
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  Speaker 3: That's okay, that's what they're there for.
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  Speaker 2: Yeah, I love that.
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  Speaker 3: So you started diversifying when you were a bit older,
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  Speaker 3: what did that look like? At what point were you like,
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  Speaker 3: I probably shouldn't just buy only tells your shares because
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  Speaker 3: my dad told me too. Yeah. Clearly you went away,
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  Speaker 3: which is very cool. Twelve months later tripped to England. Slay,
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  Speaker 3: but you read the Barefoot Investor, And that's not usually
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  Speaker 3: what I hear going together. Usually I hear people in
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  Speaker 3: Australia reading the Barefoot Investor. Not I went to England
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  Speaker 3: and discovered the Barefoot Investor. Like, okay, niche experience. But
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  Speaker 3: what did that teach you?
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  Speaker 4: So?
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  Speaker 2: That taught me about budgeting, thinking about the different places
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  Speaker 2: where I can put my money, and it also gave
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  Speaker 2: me a more holistic idea about what the share market was,
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  Speaker 2: rather than this is com sex and this is the
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  Speaker 2: share to buy, like I got from that. I just
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  Speaker 2: got a little bit more of an understanding of what
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  Speaker 2: the share market was and how to be involved. And
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  Speaker 2: then he also recommended to share that I probably didn't
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  Speaker 2: do enough research in that was AFI. So at that
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  Speaker 2: point that's when I bought some AFI. And then I
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  Speaker 2: also learned about dividend reinvestments, so I just applied that
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  Speaker 2: to my AFI shares. I think I'd also bought some
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  Speaker 2: bank shares at this stage as well, So for all
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  Speaker 2: of those shares, I had the dividend reinvestment and I
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  Speaker 2: sort of let that all the dividends go back into
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  Speaker 2: more shares. That was always fun getting that in the.
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  Speaker 3: Mail, honestly, same like I still get the like share
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  Speaker 3: certificates or the letters or whatever we want to call them.
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  Speaker 3: I'm like, oh, that made seventy eight cents money in.
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  Speaker 3: It all adds up. It all adds up. So talk
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  Speaker 3: to me about now, like from there you like building
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  Speaker 3: your shares, talk about your financial situation now, because now
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  Speaker 3: you've got like a share portfolio, which we will get into.
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  Speaker 3: Don't worry, guys, but another one hundred grand in your offset?
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  Speaker 3: Why is there one hundred grand in your offset?
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  Speaker 2: When I met my husband, we both actually had small unit,
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  Speaker 2: and so what that meant is that I could move
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  Speaker 2: into his, and then we rented out mine. When we
• 8:39
  Speaker 2: decided we wanted to upgrade into a bigger house in
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  Speaker 2: sort of our forever house, our forever location, we thought
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  Speaker 2: we could keep both, but then the interest rates just
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  Speaker 2: went right up, and we just went, let's just the
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  Speaker 2: peace of mind. I sold my unit, and that's why
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  Speaker 2: I have quite a lot in my offset and in
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  Speaker 2: my shares, because I got quite a return from selling
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  Speaker 2: that unit. And we're just really good saviers as well.
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  Speaker 3: Good girl, I love that. What's the intention with the
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  Speaker 3: one hundred grand sitting there? Is that, because that's a
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  Speaker 3: number that you guys like, we're really comfy with that,
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  Speaker 3: we're going to leave that there and grow wealthy in
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  Speaker 3: other ways? Or is there like a plan behind it?
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  Speaker 2: We got some financial advice actually, because we had so
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  Speaker 2: much money sitting there and we were a bit nervy
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  Speaker 2: about spending it yeap because the interest rates were just
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  Speaker 2: so high and it felt kind of like free money
• 9:28
  Speaker 2: because you're not paying interest and therefore you're not paying
• 9:32
  Speaker 2: tax on money earn. So we left it there for
• 9:35
  Speaker 2: that really high tax time.
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  Speaker 3: Yeah, it's a good deal.
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  Speaker 2: But then we were like, right, what's the best way,
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  Speaker 2: and so for our sort of level of risk, we
• 9:43
  Speaker 2: decided to keep a bit of money in the offset
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  Speaker 2: because we do really want to pay down our home loan.
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  Speaker 2: And yeah, it just gives us peace of mind.
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  Speaker 3: Yeah.
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  Speaker 2: Love.
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  Speaker 3: So before I get into your investment portfolio, what you hold,
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  Speaker 3: which I cannot wait, I want to know what do
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  Speaker 3: you do for work? I money are you earning.
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  Speaker 2: I'm a teacher, so I'm earning just over one hundred
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  Speaker 2: grand for for tech.
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  Speaker 3: Very nice. And what's your super contributions?
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  Speaker 2: Look like, I do pre tax super contributions of one
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  Speaker 2: hundred dollars a fortnight.
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  Speaker 3: I knew you would do extra. That's why I was like,
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  Speaker 3: I'm going to ask about super You and I are
• 10:18
  Speaker 3: just on the staite. I just knew.
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  Speaker 2: I just knew. Yeah, So that's actually when I first
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  Speaker 2: started working. That was actually maybe more like two hundred,
• 10:26
  Speaker 2: but I've just pulled it back a little bit because
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  Speaker 2: I'm going all right there, and I wanted to put
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  Speaker 2: more money in my share portfolio.
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  Speaker 3: Yeah, awesome. So in total, you have one hundred grand,
• 10:37
  Speaker 3: but like, specifically, how much do you have invested today
• 10:40
  Speaker 3: and tell me what you were invested in.
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  Speaker 2: So, and this is my share foot folio. My husband
• 10:46
  Speaker 2: has his own as well that he plays with.
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  Speaker 3: Oh very nice.
• 10:50
  Speaker 2: Yeah, but the offset is joined. I have eighty three
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  Speaker 2: thousand in my superhero account and I have fifteen thousand
• 10:57
  Speaker 2: in my commsack account.
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  Speaker 3: Ah okay, so I've split it between. You started on
• 11:01
  Speaker 3: com sex. What made you change to Superhero?
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  Speaker 2: The brokerage, and it was just so easy. I find
• 11:09
  Speaker 2: with comsex there's a lot of feeling around and going
• 11:13
  Speaker 2: to different places, where a superhero was so much easier.
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  Speaker 2: I had the account for about a year before I
• 11:18
  Speaker 2: actually used it.
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  Speaker 3: That's something that lots of people do. And I'm only
• 11:22
  Speaker 3: asking because I'm not surprised because I'm the same I
• 11:25
  Speaker 3: used to use. And I've publicly talked about this before,
• 11:27
  Speaker 3: but I used to use self wealth to invest, which
• 11:30
  Speaker 3: is a more like I won't say, oh complex, it's
• 11:33
  Speaker 3: so smart, like it has all the same things, you
• 11:35
  Speaker 3: do the same thing, but the user experience is not
• 11:38
  Speaker 3: as good as chairs EA's and chair zyas is kind
• 11:40
  Speaker 3: of like similar to Superhero and that, like it's just
• 11:43
  Speaker 3: a clean user experience, Like it's just so easy. You've
• 11:46
  Speaker 3: got the app, you can go in there and click
• 11:47
  Speaker 3: I want to buy this, and it's just clean, Whereas
• 11:50
  Speaker 3: like com Sec and self Wealth, like you have to
• 11:54
  Speaker 3: be a little bit more manual in in putting it
• 11:56
  Speaker 3: and then it'll be like in how many units and
• 11:57
  Speaker 3: you've got to do a little bit of mental mats
• 12:00
  Speaker 3: there for that. I'm so sorry. So let's start with comseck.
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  Speaker 3: My friend, what do you own On Comseck?
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  Speaker 2: I actually did a really big sell down at the
• 12:09
  Speaker 2: start of the year after I got some financial advice.
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  Speaker 2: But on com Sec, I still have my original AFI shares. Yep,
• 12:17
  Speaker 2: I have theas so, the Vanguard Australian Shares, and I
• 12:22
  Speaker 2: have the Vanguard High Diversity.
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  Speaker 3: I don't think I've met anyone recently for an investing
• 12:29
  Speaker 3: diary that does not own that ETF. Yeah, like not
• 12:32
  Speaker 3: a recommendation, but I feel like when you're a part
• 12:35
  Speaker 3: of the community, you go down a rabbit hole of
• 12:37
  Speaker 3: your own research, and I think all of us come
• 12:40
  Speaker 3: to the conclusion that maybe that fits us. And I
• 12:42
  Speaker 3: just think that's so funny. So we've got VAS and
• 12:45
  Speaker 3: then Vanguard High Growth, so it's across the three of them.
• 12:48
  Speaker 3: What type of split is that? So pervy, I'm like,
• 12:51
  Speaker 3: what it's really it.
• 12:53
  Speaker 2: Is mostly the Australian Shares actually that's got twelve thousand
• 12:57
  Speaker 2: in it. The other two years represent me playing around
• 13:03
  Speaker 2: earlier on, whereas when I sold my first unit at
• 13:07
  Speaker 2: my house, I went, let's put something a bit more
• 13:12
  Speaker 2: substantial into shares, and that's what I decided with the
• 13:15
  Speaker 2: Australian Shares to do that.
• 13:16
  Speaker 3: And then if we swap over to your superhero account,
• 13:19
  Speaker 3: what do you hold on there DHF.
• 13:22
  Speaker 2: So that's my main contributor that have a reoccurring order
• 13:26
  Speaker 2: for every month. I've got the Ice Shares SMP five
• 13:31
  Speaker 2: hundred ETF, and I have the GBL which is like
• 13:36
  Speaker 2: a Global Shares that was to sort of balance out
• 13:39
  Speaker 2: my portfolio a little bit. And I just have a
• 13:42
  Speaker 2: couple of Vanguards or World Excluding US Shares Index as well.
• 13:46
  Speaker 3: Yeah, very cool. So that's a fair few different ETFs.
• 13:50
  Speaker 3: What led you to pick those? Is there like a
• 13:53
  Speaker 3: bigger strategy that you're working towards or are they just
• 13:55
  Speaker 3: things that you're interested in, Like, yeah, I just need
• 13:58
  Speaker 3: to be so pervy. I'm so sorry.
• 14:00
  Speaker 2: The S and P five hundred was because I wanted
• 14:03
  Speaker 2: to be exposed to American shares and I thought that
• 14:07
  Speaker 2: that made sense since I'd made a really big lump
• 14:09
  Speaker 2: sum in the Australian shares originally, that I would do
• 14:14
  Speaker 2: reoccurring orders in the US stock market. ETF the Financial
• 14:19
  Speaker 2: Advice we felt that I was skewed towards Australian.
• 14:23
  Speaker 3: YEP, that's what I'm feeling from your ETF. So I'm like, okay,
• 14:27
  Speaker 3: so she's got a lot of like exposure in a
• 14:29
  Speaker 3: good way to Australian shares. But like, I wouldn't be
• 14:32
  Speaker 3: surprised if some of those ETFs I could duplicate each
• 14:35
  Speaker 3: other in a little bit of a way. But then
• 14:38
  Speaker 3: all of them are quite high growth. So like even
• 14:40
  Speaker 3: with the DHHF that you mentioned, so for those who
• 14:43
  Speaker 3: probably don't follow ticket codes as closely, that's the beta
• 14:46
  Speaker 3: shares diversified all growthtf that is a relatively I would
• 14:52
  Speaker 3: say it's all growth like obviously in the name. But
• 14:55
  Speaker 3: you're a more growth to high growth investor, would you.
• 14:57
  Speaker 2: Say, yeah, particularly because of my age, like I don't
• 15:00
  Speaker 2: really need to be too careful.
• 15:02
  Speaker 3: Nope, that makes absolute sense. And so they've said, I'm
• 15:05
  Speaker 3: looking at your share portfolio and you're like oversaturated in
• 15:08
  Speaker 3: Australian shares. Were you comfortable with that or were you like,
• 15:11
  Speaker 3: I'm going to diversify this portfolio more or what did
• 15:14
  Speaker 3: that look like? Yeah?
• 15:15
  Speaker 2: Well, I had since come to the realization that I
• 15:18
  Speaker 2: needed to probably be less in Australian shares. I did
• 15:21
  Speaker 2: some reading about how like you're sort of overexposed to
• 15:25
  Speaker 2: Australian economy just by living in Australia. You've got a
• 15:29
  Speaker 2: job in Australia, You've got super in Australia.
• 15:31
  Speaker 3: You yeah, totally.
• 15:32
  Speaker 2: Yeah, So yeah, it made sense for me to go
• 15:34
  Speaker 2: more the whole world.
• 15:36
  Speaker 3: All right, let's go to a break, guys, don't go anywhere,
• 15:43
  Speaker 3: and then tell me about the strategy moving into the future.
• 15:47
  Speaker 3: Do you have a name for this strategy or are
• 15:50
  Speaker 3: you just like buying things that I like? Obviously, I
• 15:52
  Speaker 3: feel like I've spoken before. I have a core satellite approach.
• 15:56
  Speaker 3: What are you up to?
• 15:57
  Speaker 2: I don't have a name. I've just got a goal,
• 16:00
  Speaker 2: which is to move into three days a week of work.
• 16:04
  Speaker 3: Oh, exciting.
• 16:05
  Speaker 2: Yeah. So I'm mostly putting my money into DHF. Yeah,
• 16:10
  Speaker 2: with the goal that I'll be able to supplement my
• 16:14
  Speaker 2: income for about twenty to fifteen years until I retire
• 16:19
  Speaker 2: by just working yeah three days a week, which will
• 16:22
  Speaker 2: actually be even less because once our mortgage is paid,
• 16:24
  Speaker 2: I won't need as much money.
• 16:26
  Speaker 3: That's really exciting. Can I be real pervy? Why do
• 16:28
  Speaker 3: you want to want to work three days? Is it
• 16:30
  Speaker 3: like a lifestyle thing because you're like, I want to
• 16:32
  Speaker 3: go to the beach, and I mean you said in
• 16:33
  Speaker 3: your diary in you were like, we have a lifestyle property,
• 16:36
  Speaker 3: like we live in a great location. Or is there
• 16:38
  Speaker 3: like a side hustle you want to start. I just
• 16:40
  Speaker 3: want to know what are you doing with this time?
• 16:42
  Speaker 3: Because that's exciting.
• 16:43
  Speaker 2: Yeah. I want to be able to go to the beach.
• 16:45
  Speaker 2: I want to be able to go traveling and go
• 16:48
  Speaker 2: to different like we're pretty into hiking, and I want
• 16:52
  Speaker 2: to be able to spend the time on me and
• 16:55
  Speaker 2: feel a little less stressed. That's sort of my goal.
• 16:58
  Speaker 3: And tell me a bit more about these strategy to
• 17:00
  Speaker 3: pay down your mortgage. So one of the things that
• 17:03
  Speaker 3: a lot of investors do is, you know, they invest
• 17:06
  Speaker 3: at the same time as having a mortgage in the
• 17:08
  Speaker 3: priority isn't to smash down the mortgage, because you know,
• 17:10
  Speaker 3: the important thing for them is often time in the market,
• 17:14
  Speaker 3: as opposed to like waiting until you've gotten rid of debt.
• 17:17
  Speaker 3: What does that balance look like for you?
• 17:20
  Speaker 2: Yeah, so I've split my excess saving just fifty to
• 17:25
  Speaker 2: fifty between putting more into the offset and putting it
• 17:29
  Speaker 2: into shares. I suppose it's a bit of a mental
• 17:33
  Speaker 2: game two. With the mortgage, it just seems so high
• 17:36
  Speaker 2: and to be paying so much interest to somebody else.
• 17:39
  Speaker 2: I prefer to have that freedom of not paying somebody.
• 17:44
  Speaker 3: Else, absolutely absolutely. And I feel like that's such a
• 17:48
  Speaker 3: personal decision as well, because some people are like, Nope,
• 17:50
  Speaker 3: happy to pay that, because I'm doing this over here,
• 17:52
  Speaker 3: and it's all this is why we have investing those
• 17:54
  Speaker 3: because everybody would just come on and say the same
• 17:56
  Speaker 3: thing if it wasn't a personalized journey.
• 17:59
  Speaker 2: Right.
• 17:59
  Speaker 3: So, looking back at all of those investments that you hold,
• 18:03
  Speaker 3: what shares or ETFs have had the greatest returns because
• 18:06
  Speaker 3: I'm guaranteeing you right now, it's not Telstra.
• 18:09
  Speaker 2: Oh yeah, and Telstra's gone.
• 18:10
  Speaker 3: Like she sold Telstra she opted out.
• 18:12
  Speaker 2: I sold it at the start of the year and
• 18:14
  Speaker 2: I got it was maybe not quite a loss because
• 18:17
  Speaker 2: of the dividend reinvestment, but it was probably a lost opportunity. Yeah.
• 18:21
  Speaker 3: I feel like a lot of people held onto that
• 18:23
  Speaker 3: one for a long time because you're like, but it's
• 18:25
  Speaker 3: an institution, like basically like it just she's tried, she's true,
• 18:29
  Speaker 3: she's one of the biggest Australian brands. She's got to
• 18:32
  Speaker 3: come back. And then she didn't, and it felt like
• 18:34
  Speaker 3: we were flogging a dead horse.
• 18:36
  Speaker 2: You're always told, but it was actually a weight off
• 18:39
  Speaker 2: my shoulder when I let that one go. Yeah, my
• 18:41
  Speaker 2: biggest winds have been the Ice Shares S and B
• 18:46
  Speaker 2: five hundred. I've had that for about two years, fortnightly
• 18:51
  Speaker 2: buying just a little bit, a really little bit. I
• 18:54
  Speaker 2: had free brokerage when Superhero offered that.
• 18:56
  Speaker 3: Yeah that was really sexy. Yeah, they don't do that anymore,
• 18:59
  Speaker 3: but that definitely got them a lot of clients at
• 19:02
  Speaker 3: the start.
• 19:02
  Speaker 2: Yeah, so that's gone up almost twenty five percent on average,
• 19:07
  Speaker 2: And so that's with dollar cost averaging, just yet putting
• 19:10
  Speaker 2: in Sometimes when they're on sale, I'll buy more and
• 19:13
  Speaker 2: then I've only been in the DF for the bulk
• 19:17
  Speaker 2: of my portfolio since the beginning of twenty twenty five,
• 19:22
  Speaker 2: and that's gone up just over eight percent, which is
• 19:25
  Speaker 2: a pretty sexy thing to have happened in a year.
• 19:28
  Speaker 2: And it's sort of that's right where I want it
• 19:30
  Speaker 2: to be. That's what it's there for, that eight percent.
• 19:33
  Speaker 2: And the All World excluding US shares actually has got
• 19:37
  Speaker 2: a high return as well, of twenty five percent.
• 19:40
  Speaker 3: I feel like that's something that a lot of people
• 19:41
  Speaker 3: have been like, oh no, Like I can't be bothered,
• 19:43
  Speaker 3: because I think the second you start thinking about international investment,
• 19:47
  Speaker 3: everyone immediately thinks, well, I need exposure to America, but
• 19:50
  Speaker 3: all world choose tracking like China and like all of
• 19:54
  Speaker 3: the Asian countries are starting to really pull their weight
• 19:57
  Speaker 3: when it comes to returns, and I'm finding that quite sexy.
• 20:00
  Speaker 3: I used to hold an ETF that doesn't exist anymore,
• 20:03
  Speaker 3: and it used to be called Asian All Stars, and
• 20:06
  Speaker 3: I loved her until they shut that down, and I
• 20:09
  Speaker 3: was a bit salty because I still haven't found something
• 20:11
  Speaker 3: that hits the nail on the head in exactly the
• 20:13
  Speaker 3: same way that they did. So if the fund manager
• 20:16
  Speaker 3: from like all stars could come back, I would be
• 20:19
  Speaker 3: very appreciative because I'd like to add it to my portfolio.
• 20:22
  Speaker 3: Talk me through what you've seen the worst returns on,
• 20:25
  Speaker 3: because I feel like I know what you're gonna say,
• 20:28
  Speaker 3: but I want to I want to know more, like
• 20:30
  Speaker 3: tell me the numbers.
• 20:32
  Speaker 2: Okay, well, yeah, like Telstra was not good. I ended
• 20:35
  Speaker 2: up I paid like six dollars fifty a share for that,
• 20:40
  Speaker 2: and I sold for four dollars a share for that,
• 20:43
  Speaker 2: which was.
• 20:44
  Speaker 3: Sort of like, oh, oh, that's got to hurt.
• 20:46
  Speaker 2: But because of dividem reinvestment, I had almost two hundred
• 20:51
  Speaker 2: extra shares by the time I went to sell, so
• 20:55
  Speaker 2: it balanced out a little bit. But yeah, I feel
• 20:57
  Speaker 2: like the opportunity cost but we're learning. Yeah, but I
• 20:59
  Speaker 2: was that was the thing.
• 21:01
  Speaker 3: And I think this is something that I want to
• 21:02
  Speaker 3: really double down on here because so many people get
• 21:05
  Speaker 3: analysis paralysis over making their first investment, and we're so
• 21:09
  Speaker 3: stressed about making the wrong first investment, and what's happened
• 21:14
  Speaker 3: to you during your journey you've gone through going Okay, cool,
• 21:17
  Speaker 3: my dad basically told me to buy a Telstra that
• 21:19
  Speaker 3: was honestly a bit of a flunk. Let's be honest,
• 21:22
  Speaker 3: but sorry. She's still managed to grow one hundred thousand
• 21:26
  Speaker 3: dollar portfolio. I would say she's doing really well even
• 21:30
  Speaker 3: though you're first, and I'm referring to you as her
• 21:32
  Speaker 3: because I can't use your name and I'm finding that
• 21:35
  Speaker 3: strangely hard today. But you've still grown one hundred thousand
• 21:39
  Speaker 3: dollars into a share portfolio. So if we go back
• 21:42
  Speaker 3: in time and I told you how Telstra was going
• 21:46
  Speaker 3: to perform, do you think you would have just not
• 21:48
  Speaker 3: invested at all?
• 21:49
  Speaker 2: I think so, And I think I've made a lot
• 21:52
  Speaker 2: of like those sort of mistakes along the way, but
• 21:56
  Speaker 2: I needed to to learn what I know now that
• 21:59
  Speaker 2: what I'm doing now is what I need to do,
• 22:04
  Speaker 2: and without those little mistakes, I would never have done anything.
• 22:09
  Speaker 2: And yeah, maybe my offset would have been bigger, but
• 22:12
  Speaker 2: I have two goals and this is where I know
• 22:17
  Speaker 2: I would prefer to be. And I just find it
• 22:19
  Speaker 2: so interesting. I love learning about investing, and until you
• 22:23
  Speaker 2: do it, you don't really understand because you're not really
• 22:26
  Speaker 2: feeling it until it's your money.
• 22:28
  Speaker 3: So what would you say to people this is just
• 22:30
  Speaker 3: my side note, What would you say to people who
• 22:32
  Speaker 3: are too scared or are currently in analysis paralysis mode
• 22:35
  Speaker 3: of pulling the trigger on their first share.
• 22:37
  Speaker 2: I would say, just do it. Choose an amount you're
• 22:40
  Speaker 2: willing to, like, it's almost fun money you're willing to
• 22:45
  Speaker 2: say a goodbye to, maybe a fair amount of it,
• 22:48
  Speaker 2: But just have a little go. You've you've got to
• 22:51
  Speaker 2: sort of see how the platform works, how it works
• 22:54
  Speaker 2: for you. What you're like, when are you going to
• 22:57
  Speaker 2: open your phone every five minutes? Or are you going
• 22:59
  Speaker 2: to be somebody who just lets go and sit and forget?
• 23:01
  Speaker 2: And I think that if you don't have a go,
• 23:05
  Speaker 2: you just will never know because you're always going to
• 23:07
  Speaker 2: be thinking about, oh, well that could have been me,
• 23:12
  Speaker 2: and you're looking at somebody else and you're just like, oh,
• 23:14
  Speaker 2: it doesn't make sense now because that market's run off
• 23:17
  Speaker 2: and I can't afford it. You're never going to do it.
• 23:19
  Speaker 2: I would do it even if it's your dad's worst advice.
• 23:22
  Speaker 2: And Dad and I always touch base and talk about
• 23:25
  Speaker 2: it because.
• 23:26
  Speaker 3: He apologized for that. By the way, Yeah, sorry about that.
• 23:29
  Speaker 3: Sorry about that led you down the wrong path, but lol,
• 23:31
  Speaker 3: you're an investor in ile, so like we're actually in
• 23:34
  Speaker 3: the better position.
• 23:35
  Speaker 2: Yeah, And like I teach him stuff like he didn't
• 23:37
  Speaker 2: know about ETF.
• 23:38
  Speaker 3: Oh I love this. He would have found that really sexy.
• 23:41
  Speaker 3: Surely he would have been like, girl, what are you
• 23:42
  Speaker 3: talking about?
• 23:43
  Speaker 2: Yeah, well, hopefully not sexy, but he's.
• 23:45
  Speaker 3: Allowed to find an ETF sexy, all right. Yeah, Like,
• 23:49
  Speaker 3: if we're talking about our dads and liking anything in
• 23:52
  Speaker 3: this world, it can be the share market.
• 23:53
  Speaker 2: Yeah. Well yeah, he thought it was a bit of
• 23:56
  Speaker 2: a scam, and I was like, no, this is actually Yeah,
• 24:00
  Speaker 2: you're going to exposure to way more companies and it's
• 24:02
  Speaker 2: way safer and you don't have to go out and
• 24:05
  Speaker 2: pick things exactly.
• 24:06
  Speaker 3: And after the Telstra debacle, I feel like that's a
• 24:08
  Speaker 3: good suggestion. I really do. He might be able to
• 24:11
  Speaker 3: take a page out of your book. Now, tell me
• 24:14
  Speaker 3: about your research. How are you doing your own research before?
• 24:17
  Speaker 3: Obviously you said you got some financial advice, but that
• 24:20
  Speaker 3: was only this year. Tell me a bit more about
• 24:24
  Speaker 3: what your research process looks like before pulling the trigger
• 24:27
  Speaker 3: on adding another investment to your portfolio.
• 24:30
  Speaker 2: Yeah, well I was a little ad hoc probably up
• 24:33
  Speaker 2: until about two or three years ago. So like my
• 24:36
  Speaker 2: investment like time frame has been ten years. But yeah,
• 24:40
  Speaker 2: I've sort of more consolidated probably in the last five years,
• 24:44
  Speaker 2: and I learnt pretty slowly. Like I went to the
• 24:48
  Speaker 2: Motley Fool and I thought, oh, this episode, this product
• 24:52
  Speaker 2: sounds really good. I'll buy that. I did not often
• 24:55
  Speaker 2: work out m hm. I've got your books as well.
• 25:00
  Speaker 2: So I think about like in COVID when we were
• 25:03
  Speaker 2: thinking about like medical things, I sort of had a
• 25:06
  Speaker 2: little look at like CSL for like the yeah, the
• 25:10
  Speaker 2: medical side, and I jumped in there for a little
• 25:13
  Speaker 2: bit and I've since jumped out again. Yeah, so barefoot
• 25:18
  Speaker 2: for a little while. He had like a extra platform
• 25:21
  Speaker 2: that you should subscribe to that my dad and I
• 25:24
  Speaker 2: we sort of did that a little bit together and
• 25:27
  Speaker 2: we took some of his recommendations. But yeah, it wasn't
• 25:31
  Speaker 2: until I found ETFs, which was your book and some
• 25:35
  Speaker 2: other books that I've looked at, that I really got, Okay,
• 25:38
  Speaker 2: the safe stuff that suits me, not the going around
• 25:41
  Speaker 2: and looking too much into like individual companies and how
• 25:44
  Speaker 2: they're projected to grow and what's their profit margins and
• 25:47
  Speaker 2: what's their pe ratio. I want just the ETF diversified.
• 25:53
  Speaker 2: That's my grow to Now.
• 25:54
  Speaker 3: I love that and it does make me laugh because
• 25:56
  Speaker 3: obviously when I wrote my book, and I've written a
• 25:58
  Speaker 3: few of them now. For my investing book, Girl the Wormhole,
• 26:02
  Speaker 3: I went down before I even started putting pen to
• 26:05
  Speaker 3: paper with that. I was like, well, I want to
• 26:07
  Speaker 3: do an investing book because obviously like one of my
• 26:10
  Speaker 3: biggest passions in life, but I also want it to
• 26:13
  Speaker 3: be better than everybody else's. So I remember going on
• 26:16
  Speaker 3: to the book topia website and going to the investing segment,
• 26:19
  Speaker 3: and I spent hundreds of dollars on every single investing
• 26:23
  Speaker 3: book I could get my hands on, and I was like,
• 26:25
  Speaker 3: I am not starting my book until I know like
• 26:28
  Speaker 3: what other people are saying in the market, and like
• 26:31
  Speaker 3: what I don't like about particular books or you know,
• 26:34
  Speaker 3: oh they've got a chapter on that that's really smart,
• 26:36
  Speaker 3: Like should I have that? So we weren't copying other people,
• 26:39
  Speaker 3: but I was like, I am not going to mess
• 26:41
  Speaker 3: around with this. I'm not just going to be like, oh, yeah,
• 26:42
  Speaker 3: here's my thoughts on investing. I was like, I need
• 26:45
  Speaker 3: to make sure that this hits the nail on the
• 26:47
  Speaker 3: head for women, this is approachable, this makes sense, and
• 26:51
  Speaker 3: getting your feedback like that, I'm like, that's why I
• 26:53
  Speaker 3: did it. Yeah, that research the amount of times I
• 26:55
  Speaker 3: was crying at three am over this. This is worth it.
• 26:58
  Speaker 3: Look at her, she's going I tried really hard, I promise,
• 27:02
  Speaker 3: So talk to me about all of this. It's so exciting.
• 27:04
  Speaker 3: Your long term goal you mentioned before was to like
• 27:07
  Speaker 3: work three days, then what is it is to retire
• 27:10
  Speaker 3: really ridiculously rich or is it to retire comfortably? Are
• 27:13
  Speaker 3: you planning on retiring at all? Or are we just
• 27:16
  Speaker 3: working three days a week forever?
• 27:18
  Speaker 1: Oh?
• 27:18
  Speaker 2: No, I would like to retire. I suppose I've really
• 27:22
  Speaker 2: lived very frugally and within my means. Not saying I
• 27:26
  Speaker 2: never splurge or go on a holiday. I absolutely went
• 27:29
  Speaker 2: to Bali this year with my friend.
• 27:31
  Speaker 3: That's still a budget holiday in a way, like I'm
• 27:33
  Speaker 3: not going to say that, you know absolutely everyone can
• 27:35
  Speaker 3: afford it. We can't. But like on the grand scheme
• 27:38
  Speaker 3: of like I'm going to go on a holiday, Barlie's
• 27:40
  Speaker 3: pretty reasonably priced.
• 27:42
  Speaker 2: Yeah, exactly exact.
• 27:43
  Speaker 3: Did that drive some of the decision, Yes for sure, Yes,
• 27:47
  Speaker 3: budgeting queen, So this is why I went to Bali
• 27:49
  Speaker 3: last year.
• 27:49
  Speaker 2: Yeah, it would be nice to not have to worry
• 27:53
  Speaker 2: about money. I know, I don't worry about money, Like
• 27:57
  Speaker 2: every day or anything, but to know that there was
• 28:00
  Speaker 2: enough there to maybe do the trip every year rather
• 28:04
  Speaker 2: than every five, you know, and to make choices about
• 28:09
  Speaker 2: where I live. We have an idea about getting like
• 28:13
  Speaker 2: a block of land that we can like go out
• 28:15
  Speaker 2: and camp on somewhere.
• 28:17
  Speaker 3: Oh that's so sweet.
• 28:18
  Speaker 2: Yeah, and sort of do a bit of like environmental
• 28:21
  Speaker 2: conservation and things like that, because that's another one of
• 28:24
  Speaker 2: our passions is to leave the world in a better
• 28:28
  Speaker 2: place than when we came. So to be able to
• 28:31
  Speaker 2: put my time and my money into something like that
• 28:35
  Speaker 2: is also what I would like to do.
• 28:38
  Speaker 3: I love that. And that seems like you probably have
• 28:42
  Speaker 3: ethical considerations when you're making decisions around adding to your portfolio.
• 28:46
  Speaker 3: How does that overlay over your investment strategy.
• 28:49
  Speaker 2: Yeah, well, I've also done a little bit of research
• 28:52
  Speaker 2: into this, and it's quite hard to look at whether
• 28:56
  Speaker 2: like a pure like ethical ETF is actually making an
• 29:01
  Speaker 2: impact on the environmental level, because people who tend to
• 29:05
  Speaker 2: not pollute very much, they can't reduce their pollution anymore.
• 29:11
  Speaker 2: So I've sort of come around it on that level
• 29:14
  Speaker 2: that I'm more thinking about the way I am as
• 29:17
  Speaker 2: a consumer. I write to work and I try to
• 29:20
  Speaker 2: not exspire too much new things, and not so much
• 29:23
  Speaker 2: on the investing thing, because I found it a bit
• 29:25
  Speaker 2: of a minefield when I looked into it as to
• 29:29
  Speaker 2: where your money actually goes and how much power you
• 29:31
  Speaker 2: have over what the companies are doing with that.
• 29:34
  Speaker 3: Yeah, and it's hard, right cause I've done full episodes
• 29:37
  Speaker 3: on this, and you guys have probably listened to them.
• 29:40
  Speaker 3: But like, just because they say they're ethical, like that
• 29:42
  Speaker 3: actually doesn't mean a lot, because what does ethical actually
• 29:46
  Speaker 3: mean to one person versus another? Like you might go, oh, well,
• 29:50
  Speaker 3: ethical is all the things that you've just done, But
• 29:52
  Speaker 3: I go, well, what about the great barrier reef? And
• 29:54
  Speaker 3: you might go, well, I haven't really thought about that.
• 29:57
  Speaker 3: But then I might talk to somebody else who'se main
• 29:59
  Speaker 3: prey are already is save the reef, and like they're
• 30:02
  Speaker 3: really wildly passionate about only protecting that part. But then
• 30:05
  Speaker 3: I go, well, what about things like tobacco or gambling?
• 30:08
  Speaker 3: And they're like no, no, no, I smoke and I
• 30:09
  Speaker 3: drink and I gamble, and I go okay, cool, Like
• 30:12
  Speaker 3: because we're all so different, Like there's no like ethical ETF.
• 30:17
  Speaker 3: Like they can't call it an ethical ETF because this
• 30:19
  Speaker 3: concept of ethical isn't a protected term. It's not like
• 30:23
  Speaker 3: you know when you go into the supermarket and it's
• 30:24
  Speaker 3: got the organic range and you go, okay, well everything
• 30:27
  Speaker 3: in that organic range meets this certain criteria, and I
• 30:31
  Speaker 3: know that I can check back that criteria and if
• 30:34
  Speaker 3: they were breaching any of that, they wouldn't exist in
• 30:37
  Speaker 3: that space. Just doesn't work like that, and I really
• 30:40
  Speaker 3: wish it did, because how good would it be to
• 30:42
  Speaker 3: have like banana stickers on ETFs, to be like this
• 30:45
  Speaker 3: one good and you go, yup, great, thank you. I
• 30:48
  Speaker 3: would really like that. Yeah, I want to be pervy.
• 30:50
  Speaker 3: You have done a lot to build this wealth. How
• 30:53
  Speaker 3: were you protecting it? Like? Have you got your personal
• 30:56
  Speaker 3: insurances sorted?
• 30:57
  Speaker 2: Like?
• 30:57
  Speaker 3: I just feel like you have, don't you?
• 31:00
  Speaker 2: Yeah?
• 31:00
  Speaker 3: Yeah, of course she does. Well.
• 31:02
  Speaker 2: Actually, when I read your book, I went and checked
• 31:04
  Speaker 2: what I was intuited for.
• 31:06
  Speaker 3: In my super Such a bully. I'm sorry, sorry, I'm
• 31:09
  Speaker 3: just like shaming you in this book, Like go check
• 31:11
  Speaker 3: your insurances, go in best get rich, Like I should
• 31:14
  Speaker 3: have thought better about what I told you to do.
• 31:17
  Speaker 3: I should be like in my book, go and write
• 31:19
  Speaker 3: really beautiful reviews about how smart and funny I am
• 31:22
  Speaker 3: on the internet, but no, I made you check your insurances.
• 31:25
  Speaker 2: Yeah, and so I looked into sort of changing them around.
• 31:29
  Speaker 2: But then I was a bit worried that by doing
• 31:32
  Speaker 2: too much change, I'd lose the sort of universal cover
• 31:36
  Speaker 2: that you have in your insurance. Yep. So I've just
• 31:39
  Speaker 2: got like extra cover by outside of insurance, all the
• 31:44
  Speaker 2: ones that you're supposed to have like permanent sensibility to.
• 31:48
  Speaker 3: You would have life insurance, trauma income protection TVD. Yeah,
• 31:53
  Speaker 3: and did you set those up yourself or did you
• 31:55
  Speaker 3: go and when you got financial advices? This is when
• 31:57
  Speaker 3: that got set up.
• 31:58
  Speaker 2: Yeah, so the financial client help to set that up.
• 32:01
  Speaker 3: Oh good, you just know it's been done properly. Then,
• 32:04
  Speaker 3: like you've dotted all the eyes and crossed all the
• 32:06
  Speaker 3: t's and like when you were saying, oh, I've still
• 32:08
  Speaker 3: got that one, but I've got an additional one, I
• 32:10
  Speaker 3: was like an advisor did that, didn't they? Because it
• 32:13
  Speaker 3: is so important and like it's what I have as well.
• 32:16
  Speaker 3: I still maintain my like default cover because I'm like, well,
• 32:18
  Speaker 3: that has absolutely no exclusions, And to be honest, it's
• 32:21
  Speaker 3: pretty cheap because there's grip cover and that's a good deal,
• 32:23
  Speaker 3: but I've topped up everywhere else and often an advisor
• 32:27
  Speaker 3: will be like, yeah, let's do it that way too. Now,
• 32:29
  Speaker 3: I want to know, what do you think is your
• 32:32
  Speaker 3: best investing habit?
• 32:33
  Speaker 2: Reoccurring orders. That's my best investing habit.
• 32:36
  Speaker 1: I love.
• 32:37
  Speaker 2: Yeah, And if I ever have any extra money, I
• 32:39
  Speaker 2: just do a little tweak and change it for the month.
• 32:42
  Speaker 2: So that's my best investing habit. And it took a
• 32:45
  Speaker 2: long time to get there, but I'm yeah, I'm confident now.
• 32:48
  Speaker 3: It feels overwhelming. Like I genuinely it took me a
• 32:51
  Speaker 3: while even to set up reoccurring orders because I felt
• 32:54
  Speaker 3: like maybe I have commitment issues, like and that's not
• 32:58
  Speaker 3: cool for anybody. But on the flip side, girlfriend, what's
• 33:01
  Speaker 3: your worst investing habit?
• 33:03
  Speaker 2: I think I've gotten out of it, which was yet
• 33:08
  Speaker 2: listening to other people, not really doing my research, probably
• 33:10
  Speaker 2: of the individuals you think. But I check a lot.
• 33:14
  Speaker 2: I actually had to put a limit on how many
• 33:16
  Speaker 2: times a day I could check my cout a day.
• 33:20
  Speaker 3: But what were you getting out of checking anxiety?
• 33:23
  Speaker 2: I don't know, I just I yeah, I don't know.
• 33:25
  Speaker 2: I'm just it was just a really bad habit. I'd
• 33:28
  Speaker 2: just always be checking and you'd be like, oh, yay,
• 33:31
  Speaker 2: I made this much and like, oh, I've lost money today.
• 33:35
  Speaker 2: So yeah, I've put a limit on my phone so
• 33:37
  Speaker 2: I can't do that too often.
• 33:38
  Speaker 3: You put a limit on your phone. That was like
• 33:40
  Speaker 3: me trying to manage my social media consumption. I'm like, no, girl,
• 33:43
  Speaker 3: you can't go on this app for any longer. And
• 33:45
  Speaker 3: then I still hit five more minutes. I'm like, oh,
• 33:48
  Speaker 3: just show me, Just show me another TikTok, one more,
• 33:50
  Speaker 3: one more. Yeah. So, my friend, now that we've had
• 33:53
  Speaker 3: this conversation, which I am very grateful for, I feel
• 33:56
  Speaker 3: like I've been able to be real Berbie, is there
• 33:59
  Speaker 3: anything that you would change about your investment strategy, your
• 34:03
  Speaker 3: investment story, or your investment journey thus far?
• 34:06
  Speaker 2: It would have been great to have a little bit
• 34:09
  Speaker 2: more confidence in the beginning. It was really drawn out
• 34:12
  Speaker 2: that initial period, like yeah, like really five years until
• 34:16
  Speaker 2: I really got confident enough to think that I could
• 34:20
  Speaker 2: do it. Yeah, that's why I would change. I as
• 34:23
  Speaker 2: like passed on your book to my sisters. They haven't
• 34:27
  Speaker 2: taking my advice yet, but one day I'm just really
• 34:29
  Speaker 2: hoping it will be there one day and they'll open
• 34:31
  Speaker 2: it and they'll they'll run with it.
• 34:33
  Speaker 3: That's so sweet. But also you can lead a horse
• 34:36
  Speaker 3: to water, like if they don't want to drink, that's
• 34:38
  Speaker 3: not on you.
• 34:38
  Speaker 2: I also one of them is started listening to your podcasting.
• 34:41
  Speaker 3: Oh hey, friend, if this money Doris sounds familiar to you,
• 34:44
  Speaker 3: know she does not. I love that money Dorist. I
• 34:47
  Speaker 3: wish we had so much more time to have a chat,
• 34:50
  Speaker 3: but unfortunately we are coming to the end of time.
• 34:53
  Speaker 3: Thank you so much. Honestly, this has been a pleasure
• 34:56
  Speaker 3: getting to know the ins and outs of your investment
• 34:59
  Speaker 3: journey and outs of buying Telstra. I feel like it's
• 35:02
  Speaker 3: such a good learning as well, like you being able
• 35:04
  Speaker 3: to come on the pot and be like, hey, cool,
• 35:06
  Speaker 3: so I got investing in twenty fifteen. This is what
• 35:08
  Speaker 3: I bought and honestly, it did not work out. But look,
• 35:11
  Speaker 3: the gateway of me getting into investing worked out, didn't it.
• 35:14
  Speaker 3: And I think that that's the journey and the story
• 35:17
  Speaker 3: that I'd really like to highlight because it's so empowering
• 35:21
  Speaker 3: and aspirational for other people who are a bit like
• 35:23
  Speaker 3: scared to bite the bullet, which is so relevant and
• 35:26
  Speaker 3: it makes a lot of sense. But like, the sooner
• 35:28
  Speaker 3: you bite the bullet, the sooner you see those compound returns,
• 35:31
  Speaker 3: the sooner you create wealth, the more time you've got
• 35:34
  Speaker 3: in the market, And like, I think that's very exciting. Yeah,
• 35:36
  Speaker 3: thank you, so thank you so much. It has been
• 35:39
  Speaker 3: an absolute pleasure.
• 35:40
  Speaker 2: Thank you too. It's been fun to share and talk.
• 35:42
  Speaker 3: And also a very huge thank you to skuy Wealth
• 35:45
  Speaker 3: for making this episode possible. I'll chuck a whole heap
• 35:47
  Speaker 3: of information about them, how to get in contact, what
• 35:50
  Speaker 3: they do, how they do it in the show notes
• 35:52
  Speaker 3: for you to check out. The ad buy shared on.
• 35:59
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• 36:01
  Speaker 4: not consider your individual circumstances. She's on the Money exists
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• 36:09
  Speaker 4: to make an investment or financial decision. If you do
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