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Transcript

Salary Negotiation Gone Wrong + Are You Investing in the Same ETF Twice? · She's On The Money

• 0:00
  Speaker 1: My name's Sasha Bamblet. I'm a proud First Nations woman
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  Speaker 1: and I'm here to acknowledge country t Glenn Young Ganya
• 0:08
  Speaker 1: Niana Kaka yah y and beIN Ahaka Nian our gay
• 0:11
  Speaker 1: In Mbini yakarum jar dominyamiga Umagahawaka Woman Damon Imlan Bumba
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  Speaker 1: ban Gadabomba in and now in wakah Ghana on yakarrum
• 0:20
  Speaker 1: jar water Nadaa. Hello, beautiful friends, we gather on the
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  Speaker 1: lands of the Aboriginal people. We thank acknowledge and respect
• 0:27
  Speaker 1: the Abiginal 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,
• 0:40
  Speaker 1: bringing you the tools, knowledge and resources for you to thrive.
• 0:45
  Speaker 2: She's on the Money. She's on the Money.
• 1:08
  Speaker 3: Hello and welcome to She's on the Money, the podcast
• 1:11
  Speaker 3: that makes personal finance fun, especially on Fridays. Friday is
• 1:15
  Speaker 3: out maybe my favorite day of the week because as
• 1:18
  Speaker 3: when we get our team together and celebrate you our
• 1:20
  Speaker 3: incredible She's on the Money community today. Miss j just gried.
• 1:24
  Speaker 3: She's goting to be sharing some of our favorite community
• 1:26
  Speaker 3: money wins. Miss Becksayed will be sharing her favorite bread
• 1:30
  Speaker 3: tips from the week, and then we'll be helping to
• 1:32
  Speaker 3: answer a money dilemma that asks the question am I
• 1:35
  Speaker 3: doubling up on assets inside my ETFs?
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  Speaker 2: Like do I have too many?
• 1:40
  Speaker 3: And DM that you slid into our inboxes about what
• 1:42
  Speaker 3: do you do when a competitor head hunts you? But
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  Speaker 3: before we do, as always, I like to set the
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  Speaker 3: tone of the episode with a five star review. Would
• 1:53
  Speaker 3: you like to hear? Yes? Pleasetely? Okay. I got this
• 1:56
  Speaker 3: one as a dam and I thought that this was
• 1:58
  Speaker 3: worthy of putting in the five star review section. So
• 2:01
  Speaker 3: just to be very clear, someone DMed me this. Hey
• 2:04
  Speaker 3: v I wanted to give you a five star review.
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  Speaker 3: Thank you, queen.
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  Speaker 2: Thank get it on Spotify.
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  Speaker 3: I have never been a finance podcast person, but this
• 2:12
  Speaker 3: one has completely converted me. It's somehow managers to make
• 2:15
  Speaker 3: money feel less overwhelming and actually enjoyable. I've laughed, I've learned,
• 2:19
  Speaker 3: and I've also had several oh my god, I think
• 2:22
  Speaker 3: I needed to hear that moment while walking my dog.
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  Speaker 3: It's like getting advice from really smart friends who don't
• 2:27
  Speaker 3: make you feel silly for not knowing things. You guys
• 2:30
  Speaker 3: are genuinely one of the only podcasts I recommend to
• 2:33
  Speaker 3: everyone in my life.
• 2:34
  Speaker 2: Oh that's so nice, that's so lovely.
• 2:38
  Speaker 3: Thank you thanks for taking us on your dog walks.
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  Speaker 2: I know that's gorgeous.
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  Speaker 3: I did reply to her and I was like, hey, queen,
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  Speaker 3: thank you so much. You haven't paid your pet tax? Yes,
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  Speaker 3: you said that you walked to your dogs. Could you
• 2:50
  Speaker 3: send pics so I'll show you guys those later than.
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  Speaker 2: You're really getting our steps in.
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  Speaker 3: Yeah, but I'm also like, sorry, do you not understand
• 2:57
  Speaker 3: the rules of this community. If you want to talk
• 3:00
  Speaker 3: talk about your dog in front of us, you have
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  Speaker 3: to show us.
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  Speaker 2: Yeah, it's only fair, that's the rules.
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  Speaker 3: Yeah.
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  Speaker 2: That's really sweet though, Thank you so much.
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  Speaker 3: That's so kind.
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  Speaker 2: All right.
• 3:08
  Speaker 3: We also have a question of the week, so it's
• 3:10
  Speaker 3: time for the part of Friday Drinks where you get
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  Speaker 3: to ask us one of the questions you are dying
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  Speaker 3: to know. The answer to this one comes from Gemma,
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  Speaker 3: and I feel like it's a pretty good one. The
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  Speaker 3: question is, my friends, what is the most financially irresponsible
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  Speaker 3: thing that you would do if it couldn't ruin your
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  Speaker 3: financial life.
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  Speaker 2: That's such a good question.
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  Speaker 3: I feel like Jess has probably got a good response
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  Speaker 3: for this because she's like the most financially responsible person,
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  Speaker 3: so she'd never do it. Yeah, but I'm kind of
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  Speaker 3: scared of what Beck.
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  Speaker 2: Would do a good rule, I know, I'm like, what
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  Speaker 2: do I start?
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  Speaker 3: It's like I already did it. It was fine, guys.
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  Speaker 2: The story, I would buy a house in Disney Springs.
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  Speaker 3: Jeez, can you come?
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  Speaker 2: Absolutely? Disney Springs is in Disney. I think it's Disneyland
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  Speaker 2: in Orlando. There's like a community, like gated community, like
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  Speaker 2: a residential area, like a suburb called Disney Springs. All
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  Speaker 2: the houses are built to look like they're a part
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  Speaker 2: of Disneyland in some way, Like they're often themes story.
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  Speaker 3: They're so tacky and I love it no, but like
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  Speaker 3: they're like just imagine like American McMansions. Yeah, but Disney five.
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  Speaker 2: Yeah, that's very It has your own direct bus line
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  Speaker 2: to get straight to Disneyland. And so I wouldn't live
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  Speaker 2: there all the time, but it would be a holiday
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  Speaker 2: house obviously, because I'm super rich and it's not going
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  Speaker 2: to ruin me financially.
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  Speaker 4: Oh my god.
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  Speaker 2: Then I could just live off Disneyland and then you're
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  Speaker 2: just decorated.
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  Speaker 3: Yeah, it's so fun, so fun, like think like Disney
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  Speaker 3: Castle vibes. Yeah, turrets. People have turrets and they have
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  Speaker 3: like theme for those of you who haven't seen them.
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  Speaker 3: They have like themed houses, so it's not like just
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  Speaker 3: Disney themed.
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  Speaker 2: It might be the Little.
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  Speaker 3: Mermaid themed house and you have like a water park
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  Speaker 3: in your front garden.
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  Speaker 2: Yeah that is so fun.
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  Speaker 1: Oh my god.
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  Speaker 2: Sorry silly and irresponsible, but like if it's not going
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  Speaker 2: to ruin me, why not and everyone can come stay
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  Speaker 2: at Disneyland with me? Ruin us?
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  Speaker 3: Actually I fearrol it it would we went to Disneyland.
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  Speaker 3: This is probably like where we would buy it in Florida.
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  Speaker 2: Right, I think it's only at the Florida is it?
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  Speaker 2: I think so.
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  Speaker 3: I wouldn't know. I'm not Disney enough, but like apparently
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  Speaker 3: we're buying in Florida. We spent so much money on
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  Speaker 3: food there, Beck it was ignomical. Well, Jess and I
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  Speaker 3: went together and I was like, well, jessic Ki when
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  Speaker 3: in Rome, like we can't not like, how many opportunities
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  Speaker 3: are we going to have to have the Disney candy apple?
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  Speaker 3: How many opportunities are we going to have to try
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  Speaker 3: the Mickey ears, Like, what was it rice crispy treat?
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  Speaker 2: We were buying it?
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  Speaker 3: Yeah, life, we didn't eat a meal at Disney. Oh
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  Speaker 3: we did that night. I don't even know how we
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  Speaker 3: fit that in. But like during the day, Jess, we
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  Speaker 3: didn't stop for breakfast, we didn't stop for lun We
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  Speaker 3: just snapped the whole day on sweet treats.
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  Speaker 2: Yeah, oh you've got to that is on my bucket list.
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  Speaker 2: We try dole whip.
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  Speaker 3: Oh, I love to the dolip.
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  Speaker 2: It's like pineapple flavored soft Yeah. Is it like a
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  Speaker 2: marshmallow whip sort of situations.
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  Speaker 3: Actually, it's like ice cream that is made of pineapples.
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  Speaker 5: Now see solat in dessert. But that's a question for
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  Speaker 5: next week.
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  Speaker 3: I never wanted a dizzy.
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  Speaker 2: Legs, Like, what's the hell you will die?
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  Speaker 3: That should never go together. Yeah, if you ask me,
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  Speaker 3: it's chocolate and dried fruit.
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  Speaker 2: I don't mind.
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  Speaker 3: That has grown on me.
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  Speaker 2: That's grown on me to say, wait, so you'll.
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  Speaker 3: Have chocolate and dried fruit, but you won't have fruit
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  Speaker 3: flavored ice cream?
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  Speaker 2: No, because I think enigma wrapped in.
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  Speaker 5: I'm like, if if you must, then a dried fruit
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  Speaker 5: otherwise like leason to be their own thing.
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  Speaker 2: Okay, that's great.
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  Speaker 3: Sweet treat should not also be healthy.
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  Speaker 2: You're not ruining yourself financially with chocolate covered almonds.
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  Speaker 3: What are you ruin yourself financially over? It's not actually
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  Speaker 3: going to ruin your life.
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  Speaker 5: I'm like, where do I start? There are so many
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  Speaker 5: things I want to do, and it is so like
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  Speaker 5: it really is hard. Every day I'm exercising this like
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  Speaker 5: self control thing all the time. But I would definitely
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  Speaker 5: be like, I would never ever ever prepare anything at
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  Speaker 5: home ever again. Every single thing would be ordered delivered
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  Speaker 5: straight to my media butler.
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  Speaker 2: I would have a butler. Absolutely they would cook me.
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  Speaker 3: They would because you're not ordering it yourself, right, If
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  Speaker 3: you just turn up, it would just turn up.
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  Speaker 5: I would think about it, it would turn up. I
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  Speaker 5: like to play it, play games on my phone, and
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  Speaker 5: then I would be one of those people that buy
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  Speaker 5: the things to get far further. I always want to,
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  Speaker 5: And I'm like, that's insane.
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  Speaker 2: I'm amazed you've never done it. It's I have, okay,
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  Speaker 2: but it's not a common occurrence, but it would be
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  Speaker 2: if it wouldn't financially ruin me understood it. So I
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  Speaker 2: am embarrassed and.
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  Speaker 3: U VD, I am hiring a private jet to go
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  Speaker 3: on all of my holidays in the future, Like gone,
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  Speaker 3: are they're me hacking business class flights with my points
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  Speaker 3: stays like that's going to look like poverty compared to
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  Speaker 3: my private jet. And I'm taking my dog on every
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  Speaker 3: holiday that I go on moving forward, Okay, that's why
• 8:10
  Speaker 3: I've got the private jet. Like nobody needs a private jet,
• 8:13
  Speaker 3: but I could take my dog and my cats to Bali.
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  Speaker 3: I don't know if I want to do that, but
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  Speaker 3: like I want to have the option absolutely because she's
• 8:22
  Speaker 3: on the money jet.
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  Speaker 2: I imagine think flying through this guy.
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  Speaker 3: Yeah, it's very financially responsible.
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  Speaker 2: And environmentally and great for the environment. It's very cold,
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  Speaker 2: the swift, that's true. Did you see a Sharon the other.
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  Speaker 3: Day caught a train from Sydney to Melbourne because it
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  Speaker 3: was the most like the economically Yeah, I was like
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  Speaker 3: off king I thin because he said his wife works
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  Speaker 3: in sustainability.
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  Speaker 2: Yeah, and we love that, Like that's like supporting your partner.
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  Speaker 2: I'm doing the most.
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  Speaker 3: That's not even like a little like oh I just
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  Speaker 3: caught the train instead of driving and they save ten minutes.
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  Speaker 3: Like you can catch a plane from Melbourne to Sydney
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  Speaker 3: and it takes like an hour, fantastic, But if you
• 9:03
  Speaker 3: catch the train from Sydney to Melbourne, it's like eight
• 9:07
  Speaker 3: hours and an overnight trip. Like it's not like a
• 9:10
  Speaker 3: quick little jet train that you might find in Japan,
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  Speaker 3: Like it was just a train. Like there's nothing good
• 9:16
  Speaker 3: about it and it's not that comfortable either. Yes, that's true,
• 9:21
  Speaker 3: but that's very economical of him. Yes, who cares about
• 9:23
  Speaker 3: the environments where we care about him? That's true. I
• 9:26
  Speaker 3: really aren't problematic. Yeah, I love him. All right, Well,
• 9:30
  Speaker 3: let's move further into the show. I feel like we
• 9:32
  Speaker 3: answered our question of what was the most financially unhinged
• 9:35
  Speaker 3: thing you would do. Let's move into something more financially responsible,
• 9:39
  Speaker 3: and that would be our community money wins. Mter Gricci.
• 9:42
  Speaker 2: What have you got for us this week? Alrighty this week? Firstly,
• 9:44
  Speaker 2: I've got one from Amy who said money win, I
• 9:46
  Speaker 2: put some extra cash into my savings because I had.
• 9:49
  Speaker 3: It responsible we ween, speaking of which, Next.
• 9:52
  Speaker 2: I've got a money in from Tara who said I
• 9:54
  Speaker 2: had an interesting money win. Recently, I have started seeing
• 9:57
  Speaker 2: somebody new and before we had even decided whether we
• 10:00
  Speaker 2: want to actually officially be together, we have discussed how
• 10:03
  Speaker 2: we would manage money, green flags all around. Drop it love. Next,
• 10:08
  Speaker 2: I've got money win from Kidder, who said money win.
• 10:10
  Speaker 2: I did a seven elevens price lock in and got
• 10:12
  Speaker 2: fuel locked in. It's gone up twenty cents since I
• 10:15
  Speaker 2: did it, which is a huge money win when you
• 10:17
  Speaker 2: go thousands of kilometers each week for work. Amazing that
• 10:21
  Speaker 2: levens for commodes must be a driver. I'm guessing yeah. Next,
• 10:24
  Speaker 2: I've got a money win from Lara, who said she
• 10:26
  Speaker 2: had fifteen thousand Medibank points, which she then converted into
• 10:29
  Speaker 2: one hundred and fifty dollars iconic boucher, which she used
• 10:32
  Speaker 2: to buy a new T shirt, a pair of shoes,
• 10:34
  Speaker 2: and a purse that she's been eyeing off. Wow, gorgeous.
• 10:37
  Speaker 2: Then I've got one from Tanya, who said she started
• 10:39
  Speaker 2: paying herself super I'm a soul trader and I haven't
• 10:41
  Speaker 2: done it in years.
• 10:43
  Speaker 4: Oh.
• 10:43
  Speaker 2: I love that one, the most really good one.
• 10:46
  Speaker 3: It's putting future you first job, Tanya.
• 10:48
  Speaker 2: And then lastly this week, I've got a money win
• 10:51
  Speaker 2: from Shannon, who said I hope Victoria.
• 10:52
  Speaker 3: Will appreciate this one, probably will.
• 10:54
  Speaker 2: I purchased an il tutor nursing chair. Baby Bunding had
• 10:57
  Speaker 2: a sale for one hundred and fifty dollars off. I
• 10:59
  Speaker 2: used two hundred dollars in vouch just from Flybys and
• 11:02
  Speaker 2: two hundred and fifty dollars I had from shot Back,
• 11:04
  Speaker 2: which meant I only had to pay three hundred dollars
• 11:06
  Speaker 2: out of pocket. I love that, which is just incredible,
• 11:10
  Speaker 2: so much, so much shacked on, stacked on stack, Yeah,
• 11:14
  Speaker 2: I do love that.
• 11:15
  Speaker 3: How good? All right? Miss Beck say ed, what are
• 11:18
  Speaker 3: your break tips of the week?
• 11:20
  Speaker 5: So I have two from the community as per and
• 11:23
  Speaker 5: one for myself. This first one comes from Daneka, who
• 11:26
  Speaker 5: sent me the suggestion. It's an Instagram video, but it's
• 11:29
  Speaker 5: also an app. The Instagram video is really irrelevant. It
• 11:32
  Speaker 5: was just showing me the app, so maybe I don't
• 11:34
  Speaker 5: need to mention that. But it's called Dollar Flights Club,
• 11:37
  Speaker 5: so you sign up apparently it's one dollar right now
• 11:39
  Speaker 5: to sign up, and then you get cheap flights. So
• 11:41
  Speaker 5: I don't know how it works or how they make
• 11:43
  Speaker 5: their money, but Dollar Flights Club app or website is
• 11:47
  Speaker 5: where you might find really cheap flights. So if you
• 11:50
  Speaker 5: have the capacity to sign up. I think it sounds
• 11:53
  Speaker 5: like a dearly one dollar right now, but maybe look
• 11:56
  Speaker 5: into that. Maybe don't sign up for so much if
• 11:58
  Speaker 5: you're not going to use it. But if it is
• 12:00
  Speaker 5: really only one dollar, then go for it. And then
• 12:02
  Speaker 5: you get yeah, really cheap lights sometimes even from what
• 12:05
  Speaker 5: I saw, up to fifty percent off Crazy Love. The
• 12:09
  Speaker 5: sext one comes from Mariam showed me this video of
• 12:11
  Speaker 5: basically picture of lettuce. You cut the bottom of the
• 12:13
  Speaker 5: lettuce off, You get paper towel, You put alcohol on
• 12:16
  Speaker 5: the paper towel.
• 12:17
  Speaker 2: Where is this going?
• 12:18
  Speaker 5: You put it on the bottom of the lettuce. You
• 12:20
  Speaker 5: put that lettuce in a plastic bag, and then you
• 12:24
  Speaker 5: seal it with like the top of a water bottle,
• 12:27
  Speaker 5: and you close the cap. If that makes sense, And
• 12:30
  Speaker 5: that will make your lettuce or your vegetable last at
• 12:33
  Speaker 5: least sixty days.
• 12:34
  Speaker 2: Sixty Apparently, I.
• 12:37
  Speaker 3: Thought you were going to say, and that will make
• 12:39
  Speaker 3: you a clickbait video that has no real subsetce I see,
• 12:44
  Speaker 3: I see, yeah, I know.
• 12:45
  Speaker 5: I thought, well it took all together, But then I
• 12:48
  Speaker 5: was like, this is kind of genius and very specific.
• 12:51
  Speaker 3: It's very specific. Can we try it to test this out.
• 12:55
  Speaker 5: I can give you the link to the video if
• 12:57
  Speaker 5: you would like it somewhere. But you don't have to
• 12:59
  Speaker 5: use alcohol. If you have only cold water on you whatever,
• 13:01
  Speaker 5: that's so fine, But alcohol I think is best. I
• 13:03
  Speaker 5: think maybe that's the main.
• 13:05
  Speaker 3: My lettuce is getting drunk in the fridge.
• 13:09
  Speaker 2: It's absorbing the podcast.
• 13:10
  Speaker 3: Yeah, and that's the easiest when you get cross to
• 13:13
  Speaker 3: feed it to my toddlune. It's a good idea.
• 13:16
  Speaker 2: And then this one is for myself. This is for
• 13:18
  Speaker 2: if you live in Melbourne. I'm sure there are other
• 13:20
  Speaker 2: alternatives around Australia, but Frenchy is a restaurant that opened
• 13:26
  Speaker 2: up recently. Everything is oh I've seen this on teen dollars.
• 13:29
  Speaker 5: Yes, and it's like steak entracot, comfy duck leg, like
• 13:35
  Speaker 5: actual good food that you and I.
• 13:36
  Speaker 2: Would caviar bumps. Oh that's not for me, but that's fair.
• 13:41
  Speaker 3: Exactly for me. But it's only going to be fourteen dollars.
• 13:44
  Speaker 2: Fourteen dollars, I know, isn't incredible? So I have been cheap?
• 13:48
  Speaker 3: Is it always that cheaply.
• 13:50
  Speaker 2: An opening thing?
• 13:52
  Speaker 5: I think it's always fourteen so interesting? Wow, yeah, I
• 13:55
  Speaker 5: need to check it out. I do love French food?
• 13:57
  Speaker 3: Yeah, I love it. I love that good weep around
• 14:00
  Speaker 3: this week, guys, thank you. All right, let's go to
• 14:03
  Speaker 3: a really quick break on the flip side, we're going
• 14:05
  Speaker 3: to be discussing the money dilemma, which is are you
• 14:08
  Speaker 3: doubling up on your ETFs? And we're also going to
• 14:11
  Speaker 3: be here having a chat about what do you do
• 14:13
  Speaker 3: when your competitor at your job comes to try and
• 14:16
  Speaker 3: headhunt you? Do we need to take into consideration ethics,
• 14:20
  Speaker 3: I don't know, don't go anywhere, guys.
• 14:27
  Speaker 2: Welcome back everybody. Let's take a listen to this week's
• 14:29
  Speaker 2: money dilemma.
• 14:33
  Speaker 6: Hi.
• 14:33
  Speaker 3: There, have you got a money dilemma you just can't solve?
• 14:36
  Speaker 3: The Sheese on the Money team is here to help.
• 14:38
  Speaker 3: Every week we tackle your dilemmas, both big and small,
• 14:42
  Speaker 3: to answer your most burning money, career and life questions.
• 14:45
  Speaker 3: To get involved, simply head to our website and leave
• 14:47
  Speaker 3: us a short voice recording and you might just find
• 14:50
  Speaker 3: yourself on the show.
• 14:51
  Speaker 2: Now, let's take a listen to this week's money dilemma.
• 14:56
  Speaker 4: Hi, Victoria and team. I'm currently investing on the Souper
• 15:00
  Speaker 4: Hero app and I've chosen a selection of Australian ETFs
• 15:03
  Speaker 4: and have been adding money to them gradually. I was
• 15:07
  Speaker 4: just clicking through and checking on their progress and I
• 15:09
  Speaker 4: noticed that I'm invested in IHVV SMP five hundred hedge
• 15:14
  Speaker 4: funds ETF and also IVV SMP five hundred ETF. It
• 15:20
  Speaker 4: seems that I'm doubled up here. What is the difference
• 15:23
  Speaker 4: between these two ETFs? And since I've already bought into
• 15:26
  Speaker 4: them both, is there any benefit to selling one and
• 15:29
  Speaker 4: chipping the money into the other? Thank you?
• 15:32
  Speaker 3: Ooh what would you do back?
• 15:36
  Speaker 2: Well, I'm probably not the best person.
• 15:37
  Speaker 3: Asked that you have the swe oust approximately thirty four Okay,
• 15:41
  Speaker 3: but they're all different.
• 15:43
  Speaker 2: Some of them are the same.
• 15:45
  Speaker 3: This is what we kind of were.
• 15:45
  Speaker 2: Chatting about in your investing diary, how I was saying
• 15:50
  Speaker 2: that you hold so many things and there's a good
• 15:51
  Speaker 2: chance that that's probably a crossover.
• 15:53
  Speaker 5: Yes, and so some of them do have the same name,
• 15:55
  Speaker 5: but they have a different number at the end or something.
• 15:57
  Speaker 5: And I'm like, I don't have the and with to
• 16:01
  Speaker 5: read into it fully, so I kind of just leave it.
• 16:03
  Speaker 3: But I think I wish I was allowed into your
• 16:05
  Speaker 3: share portfolio. Just delete everything that I think is not
• 16:09
  Speaker 3: meant to be there and then be like, all right, back,
• 16:10
  Speaker 3: here are the three things that you're gonna buy. Don't
• 16:12
  Speaker 3: touch anything else.
• 16:13
  Speaker 4: Three.
• 16:14
  Speaker 5: Okay, that's good to know. Well, I don't worry too much.
• 16:17
  Speaker 5: I kind of just like track them. And I guess
• 16:19
  Speaker 5: you're like hedging. I know it's because you have one
• 16:22
  Speaker 5: and the other and then you have both, so it's
• 16:24
  Speaker 5: like you're hedging either way if you just have one
• 16:27
  Speaker 5: or the other and the other I should say, so,
• 16:30
  Speaker 5: I guess like just track it. I don't I wouldn't
• 16:32
  Speaker 5: be too worried. But maybe that's a really silly thing
• 16:35
  Speaker 5: to do. Maybe you should sell it when it.
• 16:37
  Speaker 3: Goes Miss Jessica.
• 16:39
  Speaker 2: Yeah, I'll be honest, I don't. I'm not super familiar
• 16:42
  Speaker 2: with the difference between the two funds. The one is
• 16:44
  Speaker 2: obviously hedging. I'm assuming that's the point of difference. I
• 16:47
  Speaker 2: don't know how that impacts what's held within them.
• 16:50
  Speaker 3: So hedging is just taking into consideration currency conversion, so
• 16:55
  Speaker 3: like one takes into consideration like the currency, and the
• 16:58
  Speaker 3: other one is a little bit more exposed, so like
• 17:00
  Speaker 3: when the currency goes up and down, that will impact
• 17:02
  Speaker 3: it a bit more. Yeah, essentially, But their whole, But
• 17:06
  Speaker 3: they're the same ultimately, because the sm P five hundred
• 17:10
  Speaker 3: is basically the top five hundred companies on the US
• 17:13
  Speaker 3: Stock Exchange, and you've got S and P five hundred
• 17:16
  Speaker 3: here and S and P five hundred over there, So
• 17:19
  Speaker 3: you have two different funds. One might be like the
• 17:21
  Speaker 3: Cohle's version and one might be the Woolies version, but
• 17:24
  Speaker 3: they're the same basket of goods.
• 17:26
  Speaker 2: Yeah, well then I would just pick one. I mean
• 17:31
  Speaker 2: it really there's so many things, like if you have
• 17:33
  Speaker 2: been investing in them in for the same amount of time,
• 17:35
  Speaker 2: have you held them for every yarames discount? I just
• 17:39
  Speaker 2: think from like a logistical perspective, it probably makes sense
• 17:41
  Speaker 2: to pick one. Look at the fees perhaps that are
• 17:44
  Speaker 2: associated or you know, I don't at the structure of
• 17:47
  Speaker 2: these so like does one pay dividends and one doesen
• 17:50
  Speaker 2: or you know those sorts of things that you would
• 17:51
  Speaker 2: look at. Is it the worst thing to be investing
• 17:54
  Speaker 2: in both? And I wouldn't sell it a lost like
• 17:57
  Speaker 2: if they're if that one of them's down or both
• 17:59
  Speaker 2: of them are down, then I definitely wouldn't be selling.
• 18:01
  Speaker 2: But just from like an administrative logistical perspective, I personally
• 18:04
  Speaker 2: probably would look to roll them into one if it
• 18:06
  Speaker 2: was financially a good idea. Correct, Yeah, yeah, And That's
• 18:10
  Speaker 2: where I'm at.
• 18:11
  Speaker 3: So I don't know how long you've owned either of these,
• 18:14
  Speaker 3: and if you're like, oh, well, the I've owned them
• 18:17
  Speaker 3: for the same amount of time, honestly, and I can't
• 18:19
  Speaker 3: give advice. If that was me personally, I'd just wait
• 18:22
  Speaker 3: until the market was pretty stable and I was getting
• 18:25
  Speaker 3: back what I paid for it so that I could
• 18:27
  Speaker 3: roll it down into one, because I just like clean, like,
• 18:31
  Speaker 3: I don't want to own multiple things. Is it going
• 18:34
  Speaker 3: to impact you long term to own both? No, like
• 18:37
  Speaker 3: you own both, you have exposure to both of these.
• 18:40
  Speaker 3: But your pickle or your drama is going to come
• 18:43
  Speaker 3: from if you want to continue to hold to different
• 18:47
  Speaker 3: ETFs that are both SMP five hundred and let's say
• 18:50
  Speaker 3: you've got five hundred dollars to invest, Well, each transaction
• 18:55
  Speaker 3: is going to cost you brokerage. So are you splitting
• 18:58
  Speaker 3: that five hundred dollars into two hundred fifty dollars each
• 19:00
  Speaker 3: and putting it into both of those ETFs Therefore you're
• 19:03
  Speaker 3: doubling your brokerage fees? Or are you picking one or
• 19:07
  Speaker 3: are you picking the other? Like, I just think it's
• 19:09
  Speaker 3: going to increase your long term like cost basis and
• 19:12
  Speaker 3: how much it's going to cost you to hold those
• 19:15
  Speaker 3: assets long term. Right now, you've already got them, so
• 19:18
  Speaker 3: like it's already a lost cause if that makes sense,
• 19:20
  Speaker 3: Like you can't get back your brokerage. So some people
• 19:23
  Speaker 3: will say, well, may as well just continue holding them,
• 19:25
  Speaker 3: it doesn't matter. But you're basically holding the same thing
• 19:28
  Speaker 3: because like I'm not saying, oh, you went to Coals
• 19:32
  Speaker 3: and you got all Coals brand and therefore it was
• 19:34
  Speaker 3: like the home brand version of them, and they are
• 19:36
  Speaker 3: slightly different to the like Woolies version. Right, No, no, No,
• 19:39
  Speaker 3: You're gone to Coals and you bought veggimite. You've gone
• 19:42
  Speaker 3: to Woolies and you've bought vegimite, Like it's exactly the
• 19:45
  Speaker 3: same thing. Like we've gone to Coals and we've bought
• 19:47
  Speaker 3: you know, lurpack butter, We've bought veggiemite, and we've bought
• 19:50
  Speaker 3: Wonder white bread. You can get all of those things
• 19:53
  Speaker 3: identically at Woolies. You're holding the same stuff. It's not
• 19:57
  Speaker 3: like the Coals of version, if that makes sense, is
• 20:00
  Speaker 3: still the top five hundred companies in America in two
• 20:03
  Speaker 3: different accounts. But back to what Jess was saying, I
• 20:05
  Speaker 3: would be looking at the fee basis, like what does
• 20:08
  Speaker 3: that ETF cost you? What is their like dividend reinvestment plan,
• 20:12
  Speaker 3: what does what are the ethics of that company? Like
• 20:16
  Speaker 3: you might look at the two and I can't remember
• 20:18
  Speaker 3: the two businesses you said, but let's pretend it's like
• 20:20
  Speaker 3: a black Rock and a Vanguard. Which of those institutions
• 20:23
  Speaker 3: do you like more? Basically, And there's no right or wrong.
• 20:26
  Speaker 3: They're both very big financial institutions.
• 20:30
  Speaker 2: So I think in the same institute because it's the
• 20:32
  Speaker 2: same letters, just with H because one of them's hedging.
• 20:35
  Speaker 2: So yeah, I kind of assumed it was potentially the
• 20:37
  Speaker 2: same company.
• 20:38
  Speaker 3: Would that be right, Yeah, yeah, it would actually be Yeah, absolutely,
• 20:41
  Speaker 3: I would have a look whether you want a hedged
• 20:43
  Speaker 3: or an unhedged fund. Yeah, But in my head, I'm like,
• 20:46
  Speaker 3: if you have to, and I think this is really
• 20:48
  Speaker 3: common when you start investing and you kind of go, oh,
• 20:51
  Speaker 3: I want to own a Vanguard one and you pick
• 20:52
  Speaker 3: a Vanguard ETF, and oh I want to own a
• 20:54
  Speaker 3: black rock one, or I want to own a Beta
• 20:55
  Speaker 3: shares one and you're like, oh, I've got all these
• 20:57
  Speaker 3: different companies and then you start digging and you're like,
• 20:59
  Speaker 3: hold and they all hold, you know, the top two
• 21:02
  Speaker 3: hundred ASX dam Like I've bought the same thing. That's okay,
• 21:05
  Speaker 3: that's just a learning Like you're not in a worse
• 21:07
  Speaker 3: off financial position. You're still investing. That's great. Yeah, but
• 21:11
  Speaker 3: like maybe over time you've like bought a few things,
• 21:13
  Speaker 3: tested out what you like and what you don't like,
• 21:15
  Speaker 3: and then we create a really slim line strategy as
• 21:18
  Speaker 3: time goes on.
• 21:19
  Speaker 2: You're going to learn as you go. It's like not
• 21:21
  Speaker 2: the worst thing in the world exactly.
• 21:22
  Speaker 3: And like if it cost you a few extra dollars
• 21:24
  Speaker 3: in brokerage, I also don't think that's the end of
• 21:27
  Speaker 3: the world. Like that, to me, is the cost of
• 21:29
  Speaker 3: your financial literacy.
• 21:31
  Speaker 2: Yeah, totally.
• 21:31
  Speaker 3: If I've wasted you know, even one hundred dollars on
• 21:34
  Speaker 3: different like fees and charges, Look how much I've learned,
• 21:37
  Speaker 3: I'm kind of happy with that. That's much cheaper than
• 21:40
  Speaker 3: a financial advisor. Don't tell the financial advices I said that.
• 21:44
  Speaker 3: Would you like to hear this week's DM though, guys?
• 21:46
  Speaker 2: Yes?
• 21:47
  Speaker 3: Please? All right, So this week, we got a DM
• 21:50
  Speaker 3: said what would you do? I adore this community and
• 21:53
  Speaker 3: I'd love to see what they think of my difficult situation.
• 21:56
  Speaker 3: I work in sales in a very niche market that
• 21:59
  Speaker 3: is pretticular, which can get a little bit entangled. The
• 22:03
  Speaker 3: competitor has recently headhunted me. I am pretty interested. It's
• 22:07
  Speaker 3: a very big move and would be arguably very frowned
• 22:10
  Speaker 3: upon by my current company. I was completely transparent with
• 22:13
  Speaker 3: my boss, and I asked if my worth was enough
• 22:15
  Speaker 3: to warrant a base increase on my salary to consider
• 22:19
  Speaker 3: staying next to the competition renegged the opportunity from me.
• 22:23
  Speaker 3: I find out that someone from my company leaked the
• 22:26
  Speaker 3: angle I took, to which the competitor was then really annoyed.
• 22:31
  Speaker 3: They took back the job offer. My current employer, prior
• 22:35
  Speaker 3: to this, by literally an hour, delivered the news to
• 22:37
  Speaker 3: me that there would be no more money given to me.
• 22:40
  Speaker 3: Talk about eating humble pie. I'm so devastated and confused
• 22:45
  Speaker 3: on what next steps to take. What would you do
• 22:47
  Speaker 3: the drama?
• 22:48
  Speaker 2: Oh my gosh, that's crazy.
• 22:52
  Speaker 3: You guys thought it was just going to be about
• 22:54
  Speaker 3: being headhunted. Now you would be like, take the opportunity
• 22:57
  Speaker 3: coins totally.
• 22:59
  Speaker 5: I think you should leave that job anyway, because the
• 23:01
  Speaker 5: fact that they're punishing you, I think that's so I
• 23:05
  Speaker 5: really want to swear they should not be doing that.
• 23:07
  Speaker 5: You're employ someone else headhunted you, so your value is
• 23:10
  Speaker 5: obviously very very high. You're very very good at what
• 23:12
  Speaker 5: you do. You're extremely intelligent. I'm assuming you're really really
• 23:15
  Speaker 5: good at your job, and then your boss is punishing
• 23:18
  Speaker 5: you for that. You did the right thing, you were transparent,
• 23:21
  Speaker 5: You're like, this is the situation. Obviously, if someone's offering
• 23:24
  Speaker 5: you you more money, then you're gonna be like, you're
• 23:28
  Speaker 5: not married. It's like jobs and loyalty and all this
• 23:31
  Speaker 5: kind of stuff.
• 23:32
  Speaker 2: You only have to be loyal if they're treating you
• 23:33
  Speaker 2: right and they're paying you what you are actually worse.
• 23:36
  Speaker 2: And it sounds like you don't have to be loyal ever.
• 23:38
  Speaker 5: You don't have to be loyal ever. But if you
• 23:40
  Speaker 5: are going to be, at the very least, they should
• 23:42
  Speaker 5: be doing that. They should be really appreciating you and
• 23:44
  Speaker 5: valuing you as a person. And so something comes along,
• 23:46
  Speaker 5: it's like, here's more money. I'm assuming it's more money.
• 23:49
  Speaker 5: That's why they was quite keen. It's not just like,
• 23:52
  Speaker 5: oh no, you're like not being loyal.
• 23:54
  Speaker 3: It's like, okay, but my.
• 23:55
  Speaker 2: Whole livelihood will change. It will depend on it.
• 24:00
  Speaker 3: I work just because I'm like, I love you plus
• 24:04
  Speaker 3: hours to you. That's crazy.
• 24:07
  Speaker 5: And your current boss, I'm assuming they said, oh, we
• 24:09
  Speaker 5: can't give you a pay rise because they heard that
• 24:11
  Speaker 5: you weren't getting Maybe maybe it's not true. Maybe they're
• 24:13
  Speaker 5: just like, no, we can't give you a pay rise.
• 24:14
  Speaker 5: The other company to should be feel ashamed of themselves
• 24:17
  Speaker 5: because this is so gross secrecy.
• 24:21
  Speaker 2: You know, it's like who cares?
• 24:22
  Speaker 5: Like I always hate this secrecy, and like, oh, don't
• 24:24
  Speaker 5: tell anyone what you get paid, don't tell anyone that
• 24:26
  Speaker 5: you've been off at a job.
• 24:27
  Speaker 2: Don't tell anyone.
• 24:27
  Speaker 5: You're like, it's like, just it's your life. You're allowed
• 24:30
  Speaker 5: to say whatever you want. You've you've dealt with. This
• 24:31
  Speaker 5: is the best way you can. We're going to blindside them.
• 24:34
  Speaker 5: You should not be eating any humber pie. If you're
• 24:36
  Speaker 5: eating a lovely pie. But you you didn't not do
• 24:40
  Speaker 5: anything wrong. Everyone else did everything wrong. The person who
• 24:43
  Speaker 5: told them.
• 24:47
  Speaker 2: Horrible.
• 24:47
  Speaker 3: Everyone in the story except for this not to be
• 24:50
  Speaker 3: for our community. Men obviously, yeah, obviously it is horrible.
• 24:54
  Speaker 2: Get out of there, bro. It's also I'm just really
• 24:57
  Speaker 2: shocked by this response from everyone because we said before
• 24:59
  Speaker 2: I squeaking recruitment. It was in executive search, which is
• 25:02
  Speaker 2: like recruitment specifically for like generally C Sweet roles. Some
• 25:06
  Speaker 2: of the roles that we recruited for were so niche
• 25:08
  Speaker 2: that there would be maybe fifteen people in the country
• 25:11
  Speaker 2: who would be qualified applicants in those types of roles.
• 25:15
  Speaker 2: And in C Sweet broadly, you are headhunting, Like the
• 25:18
  Speaker 2: people you want are the people who are doing good
• 25:21
  Speaker 2: jobs at other companies. And this is absolutely applicable like
• 25:25
  Speaker 2: across the board in most kinds of corporate like the
• 25:28
  Speaker 2: people who are really shining in their careers, other people
• 25:31
  Speaker 2: that other companies want to hire. And the process of negotiation,
• 25:36
  Speaker 2: the process of counteroffering is a very standard, very like
• 25:41
  Speaker 2: commonplace thing. I would say, I think the fact that you,
• 25:45
  Speaker 2: from my perspective, the fact that you have gone to
• 25:46
  Speaker 2: your employer and said, hey, I like my job here
• 25:49
  Speaker 2: enough that I would prefer to stay, says a lot
• 25:52
  Speaker 2: about you, says a lot about the culture. And you know,
• 25:55
  Speaker 2: maybe your career trajector or whatever that you have there.
• 25:58
  Speaker 2: Your employer should be really grateful for that, I think,
• 26:01
  Speaker 2: because from my perspective, it's kind of like, well, I
• 26:04
  Speaker 2: could go elsewhere and do better very easily, because that's
• 26:07
  Speaker 2: being offered to me on a silver platter. But the
• 26:09
  Speaker 2: fact that I've chosen to stay, I want to say, yeah,
• 26:12
  Speaker 2: I want to continue to dedicate my time, my energy, whatever,
• 26:16
  Speaker 2: but I need you to match the salary. I think
• 26:18
  Speaker 2: is more than reasonable because how many people are going
• 26:21
  Speaker 2: to look at an opportunity to increase their income and
• 26:24
  Speaker 2: say no. I know, like I just I think, especially
• 26:27
  Speaker 2: one d cost salving crisis, that's actually not a privilege
• 26:30
  Speaker 2: that's afforded to a lot of us, And I think
• 26:33
  Speaker 2: it's crazy. You know what, counter offering, Like, some people
• 26:36
  Speaker 2: can like say no to a counter They're well within
• 26:39
  Speaker 2: their rights to do so. I think my biggest issue
• 26:41
  Speaker 2: is with the other company taking issue with the fact
• 26:45
  Speaker 2: that you sought a counter.
• 26:47
  Speaker 3: I was going to say, I don't know how to
• 26:49
  Speaker 3: bring this up because I'm an employer. I'm an employer
• 26:52
  Speaker 3: and this is going to sound terrible. Counsel me if
• 26:57
  Speaker 3: one of my team is so like I genuinely leave.
• 27:00
  Speaker 3: Have staff members that are so like quick, smart, their
• 27:05
  Speaker 3: weapons right that they could work anywhere. They could literally
• 27:08
  Speaker 3: work anywhere and any company. I think any company would
• 27:11
  Speaker 3: be so lucky to have anyone that works for me
• 27:13
  Speaker 3: because they are so good. But I hope that I
• 27:16
  Speaker 3: have treated them so well and pay them so well
• 27:18
  Speaker 3: they don't want to work somewhere else. And that's cool.
• 27:22
  Speaker 3: But I think it is a sign that you are
• 27:25
  Speaker 3: unhappy with your current role if you are being headhunted
• 27:29
  Speaker 3: and you entertain that conversation, and that is okay, but
• 27:32
  Speaker 3: you need to look on or like as the employee.
• 27:35
  Speaker 3: Like let's say someone head hunts Jess, can't blame them.
• 27:39
  Speaker 2: I get it.
• 27:40
  Speaker 3: I love working with Jess, so any other company would
• 27:43
  Speaker 3: love that too. I see why you want that. But
• 27:45
  Speaker 3: I would hope that Jess is like, oh, thanks so
• 27:47
  Speaker 3: mut Like I hope this is like a dream outcome, right,
• 27:51
  Speaker 3: I hope that Jess would be like, oh, thank you
• 27:52
  Speaker 3: so much. But I love working at cheese on the money.
• 27:55
  Speaker 3: I'm just not very interested in that conversation. Thanks though.
• 27:58
  Speaker 2: But if for men that Jess could have fallen to
• 28:00
  Speaker 2: her property sooner.
• 28:01
  Speaker 3: Exactly, I understand why she would then have that conversation
• 28:05
  Speaker 3: but if Jess came to me, and this is not
• 28:08
  Speaker 3: me going, don't do that. But if Jess came to
• 28:11
  Speaker 3: me and said another company said they'd pay me more,
• 28:13
  Speaker 3: I would say, congratulations, Jess, I'm really happy for you.
• 28:17
  Speaker 2: Go yeah, that's your entitlement as an employer exactly.
• 28:21
  Speaker 3: But I would hope that if Jess wasn't being paid
• 28:24
  Speaker 3: her worth and didn't like her role and wanted more money.
• 28:27
  Speaker 3: And we're pretending that this is like for like, I'm
• 28:30
  Speaker 3: not saying, oh, Jess got like offered head of partnership said,
• 28:33
  Speaker 3: the biggest global organization is going to pay three times
• 28:36
  Speaker 3: like do you know what I mean? Like different role,
• 28:38
  Speaker 3: that's a different conversation again. But if it was like
• 28:40
  Speaker 3: for like, and she goes, oh, I really want to
• 28:42
  Speaker 3: be paid more by you just because someone else's competition.
• 28:45
  Speaker 3: I'm not paying more for competition, but I will pay
• 28:47
  Speaker 3: more for capability. If you come to me and say, hey,
• 28:50
  Speaker 3: VEE want to look at my role, I want to
• 28:52
  Speaker 3: earn X amount more.
• 28:53
  Speaker 2: What would I need to do to do that?
• 28:55
  Speaker 3: What would that look like? And we have that conversation,
• 28:57
  Speaker 3: have a payrisk, great love that conversation, and like we
• 29:00
  Speaker 3: have those conversations internally. But I think it is a
• 29:03
  Speaker 3: sign that and I'm using just just as an example
• 29:05
  Speaker 3: because she literally does work for me. But if she
• 29:07
  Speaker 3: came to me and said, I want to be paid
• 29:09
  Speaker 3: more because somebody else is willing to pay more, that
• 29:12
  Speaker 3: is a really bad business decision for my part, for
• 29:15
  Speaker 3: a couple of reasons. One, I'm just paying you more
• 29:18
  Speaker 3: to stay in a job that I've actually been given
• 29:21
  Speaker 3: a red flag that you were already looking for something else.
• 29:23
  Speaker 3: So what am I doing keeping you for another three
• 29:25
  Speaker 3: or six months before you start looking elsewhere? Because it
• 29:27
  Speaker 3: might actually not be the salary, it might be the culture,
• 29:29
  Speaker 3: it might be the job. Maybe you've outgrown that role
• 29:32
  Speaker 3: and you're looking for more and you're just like hungry.
• 29:34
  Speaker 3: Am I shooting myself in the foot? There's a I know,
• 29:39
  Speaker 3: I'm feel the same.
• 29:40
  Speaker 2: She wasn't looking too because someone came to her.
• 29:41
  Speaker 3: Right, this situation is effed up. Like I'm not saying
• 29:46
  Speaker 3: that's appropriate at all, but like, I just think there's
• 29:48
  Speaker 3: so much going on, And maybe this is because I'm
• 29:50
  Speaker 3: a small business and I'm like, well, I'm not into competition.
• 29:55
  Speaker 3: If you want to go work for my competitor, I
• 29:57
  Speaker 3: honest to God, wish you the best. Yeah, I'll hold
• 30:00
  Speaker 3: your hand. I'll give you the best reference ever because
• 30:02
  Speaker 3: I prefer to preserve that. Then you know, be like,
• 30:04
  Speaker 3: oh my god, I can't believe she wants to work
• 30:06
  Speaker 3: for my competitor. They're my competitor because they're good.
• 30:10
  Speaker 2: Yeah. What did everybody else say? Or the spicy spicy?
• 30:14
  Speaker 2: Are you ready?
• 30:15
  Speaker 4: Yeah?
• 30:16
  Speaker 3: So first we said, got a few questions for you guys.
• 30:18
  Speaker 3: What would you do if you were our community member?
• 30:21
  Speaker 3: Eighty seven percent said stay with an exit strategy, seven
• 30:25
  Speaker 3: percent said stay and rebuild, six percent said I'm quitting
• 30:29
  Speaker 3: straight away.
• 30:30
  Speaker 2: Yeah, divers, make sure you got something lined up just
• 30:33
  Speaker 2: in this job of Connie, I would say, makes telling
• 30:36
  Speaker 2: us to effect this earlier.
• 30:38
  Speaker 3: But like Beck takes the information and then she scunches
• 30:42
  Speaker 3: it up in a ball, or she puts it in
• 30:43
  Speaker 3: the binner. She does whatever she wants.
• 30:45
  Speaker 2: I put it in a jar that I will come
• 30:47
  Speaker 2: back to, but I always forget to come back to it.
• 30:49
  Speaker 3: Yeah, that's the ADHD. I get it out of sight,
• 30:52
  Speaker 3: out of mind. Next we said, could you move past
• 30:55
  Speaker 3: something like this?
• 30:56
  Speaker 4: Also?
• 30:57
  Speaker 3: I don't think you should.
• 30:58
  Speaker 2: That was that was dog dog. That was so rude. Sorry, aside,
• 31:03
  Speaker 2: don't we didn't even mention. I would be going to
• 31:05
  Speaker 2: your your senior management team and saying, I don't know
• 31:09
  Speaker 2: who the league was, but I want an inquisition into who.
• 31:12
  Speaker 3: Did it because the fact, because that's that's so bad.
• 31:15
  Speaker 2: I mean, I don't know how many people you told,
• 31:17
  Speaker 2: but if you only have this conversation with members of management,
• 31:20
  Speaker 2: that means it's come from somebody in management, which is
• 31:22
  Speaker 2: completely unacceptable.
• 31:23
  Speaker 3: Oh that makes me so mad. But also this is
• 31:26
  Speaker 3: going to sound bad, but like, sorry, don't hate the player,
• 31:29
  Speaker 3: I hate the game. We're playing this game, no worries.
• 31:31
  Speaker 3: Let's go back to the competition and say, hey, I
• 31:34
  Speaker 3: know that you rescinded it for this reason. But I
• 31:37
  Speaker 3: was just trying to see what my worth was, Like
• 31:39
  Speaker 3: I didn't want to take the job with my current employer,
• 31:43
  Speaker 3: Like I just wanted to see if that was the
• 31:45
  Speaker 3: thing that would to finally get them to pay me
• 31:47
  Speaker 3: what I'm worth. But I had every intention of moving over.
• 31:51
  Speaker 3: Is that a way to play the game to get
• 31:53
  Speaker 3: the job offer back to get out of there?
• 31:54
  Speaker 5: Maybe, But if they're going to see the job, yeah,
• 31:57
  Speaker 5: I wouldn't even want I wouldn't want anything to do
• 31:59
  Speaker 5: with anyone. I would be going and starting my own
• 32:01
  Speaker 5: sounds like this person is really valuable. They could go
• 32:03
  Speaker 5: and start their own business somewhere else.
• 32:05
  Speaker 3: Yeah, but it's such a niche, Like I don't know
• 32:07
  Speaker 3: what it is, but it's such a niche.
• 32:09
  Speaker 2: Yeah, that's true. It's really tough sign a third competitor
• 32:13
  Speaker 2: and see what you can do with them. Yes, but
• 32:16
  Speaker 2: also just.
• 32:17
  Speaker 3: The idea that people are leaking stuff and talking about you.
• 32:21
  Speaker 2: I know, that's so true. Actually a really good point,
• 32:23
  Speaker 2: and that's very inappropriate logic complain.
• 32:26
  Speaker 3: Well, apparently the three of us can't move beyond to this.
• 32:30
  Speaker 3: But we did ask our community, could do you move
• 32:33
  Speaker 3: beyond this? Sixty nine percent of you said yeah, but
• 32:36
  Speaker 3: I would be much more guarded. Yeah, sixty nine percent
• 32:39
  Speaker 3: of the community are better people than we are.
• 32:41
  Speaker 1: Yeah.
• 32:41
  Speaker 5: True.
• 32:42
  Speaker 3: Twenty two percent of the community said no way, there
• 32:44
  Speaker 3: are people yeah, And then nine percent said yes, but
• 32:47
  Speaker 3: I would remain professional okay, couldn't been me.
• 32:51
  Speaker 2: I will cause a scene with me okay.
• 32:54
  Speaker 3: So then the responses they were as mad about it
• 32:57
  Speaker 3: as we were. So first thing said, find a new job,
• 33:00
  Speaker 3: get a new career. Another person said I would find
• 33:04
  Speaker 3: another job, just purely because someone in your current company
• 33:07
  Speaker 3: is displaying very unethical behavior.
• 33:09
  Speaker 2: Completely agree.
• 33:09
  Speaker 3: Another person said, it really depends how you feel about
• 33:12
  Speaker 3: your work. Quitting is an option, but if you love it,
• 33:14
  Speaker 3: maybe try and make it work. The next person said,
• 33:17
  Speaker 3: this depends so much on whether you actually like the work.
• 33:20
  Speaker 3: People will move on over time. Another person said, I'm
• 33:24
  Speaker 3: going to need to know who leaked to that info.
• 33:27
  Speaker 3: Another person said, can you not go with the new
• 33:29
  Speaker 3: company because the argument is that it shows that you're
• 33:32
  Speaker 3: a loyal employee. I like that so true.
• 33:35
  Speaker 2: That's a really good perspective.
• 33:36
  Speaker 3: I gave my employer the opportunity to keep me like
• 33:40
  Speaker 3: I'm loyal.
• 33:41
  Speaker 2: Do you not want that? Yeah? Take fantastic take.
• 33:45
  Speaker 3: See if I ever have job issues, you best believe
• 33:48
  Speaker 3: I'm going to make them look like community dms. I'm
• 33:52
  Speaker 3: going to ask community for their advice to be like
• 33:54
  Speaker 3: what do I do? Someone said it actually never pays
• 33:57
  Speaker 3: to be transparent with your employers for a raise, back
• 34:01
  Speaker 3: yourself with reasons why.
• 34:03
  Speaker 2: It's kind of what you were saying that sucks, isn't
• 34:05
  Speaker 2: it does?
• 34:06
  Speaker 3: But like yet is kind of what I was saying. Like,
• 34:09
  Speaker 3: I'm just I don't want to get into a competition
• 34:13
  Speaker 3: with another employer, Like if they're going to pay you more,
• 34:16
  Speaker 3: and you've just said to me that you really want
• 34:18
  Speaker 3: to go and work there, Like, do that if you
• 34:20
  Speaker 3: want to be paid more in my business, we can
• 34:23
  Speaker 3: talk about that, Like I want my team to be
• 34:25
  Speaker 3: earning as much money as possible, Like I want to
• 34:29
  Speaker 3: give you new tasks and new responsibilities. I want to
• 34:31
  Speaker 3: be hitting new sales goals and stuff that genuinely mean
• 34:34
  Speaker 3: that my team gets paid more. That makes sense, I
• 34:37
  Speaker 3: want that for you too, But that's also a reflection
• 34:41
  Speaker 3: of the culture that we have. Like I am acutely
• 34:44
  Speaker 3: aware that I'm a small business and that, sadly, one day,
• 34:47
  Speaker 3: Jess will probably come to me and be like, I
• 34:48
  Speaker 3: have the biggest job opportunity, and all I'm going to
• 34:51
  Speaker 3: be able to be is like, oh my god. As
• 34:53
  Speaker 3: a friend, I'm so excited. That is a sick opportunity.
• 34:55
  Speaker 3: Of course you got that. And then as an employer,
• 34:59
  Speaker 3: I'll be like, oh, but she's so good, do you
• 35:01
  Speaker 3: know what I mean? Like, I'm a small business. I
• 35:03
  Speaker 3: can't hold onto everybody. I can't Like, sadly, another person said,
• 35:10
  Speaker 3: be guarded someone at your company leaked to that information
• 35:13
  Speaker 3: and it will continue to happen.
• 35:14
  Speaker 4: Yeah.
• 35:15
  Speaker 3: And another person said the worst thing that can happen
• 35:18
  Speaker 3: is they say no, And I agree, but like everybody.
• 35:23
  Speaker 2: Said no, and that wasn't a shit situation.
• 35:26
  Speaker 3: Yeah yeah, Like side note, because I can't endorse this response,
• 35:32
  Speaker 3: find out who did it.
• 35:33
  Speaker 2: Key there cr absolutely at the very least.
• 35:37
  Speaker 3: I did not say that, but I hear that people
• 35:42
  Speaker 3: do do stuff like that. But God, things happen to
• 35:45
  Speaker 3: good people, so you would never no.
• 35:47
  Speaker 2: No, But bad things happen to bad people, so maybe
• 35:49
  Speaker 2: you would.
• 35:52
  Speaker 3: I think we've done here.
• 35:55
  Speaker 2: Thank you so much.
• 35:56
  Speaker 3: We'll see you bright and early on a Monday morning
• 35:58
  Speaker 3: for a money diary until you learn how a great weekend.
• 36:01
  Speaker 2: Guys, Bye, guys Bye.
• 36:07
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