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Speaker 1: Hello and welcome to The Australian's Money Puzzle podcast. I'm

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Speaker 1: James Kirby. Welcome aboard everybody. It looks very much like

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Speaker 1: twenty twenty five is shaping up as the year artificial

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Speaker 1: intelligence really changes the game for investors. And in today's show,

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Speaker 1: I've got two guests. I've got financial advisor James Gerard,

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Speaker 1: who you know, and an AI chatbot in the form

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Speaker 1: of Microsoft's co Pilot. Now, in each segment of the show,

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Speaker 1: I start by interviewing the AI copilot, and then my

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Speaker 1: very human financial advisor guest, James Girard, reviews the quality

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Speaker 1: basically of what's been offered for free by this remarkable

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Speaker 1: new technology. Okay, stand by, here we go. Thank you for.

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Speaker 2: Coming on, Thanks for having me, James.

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Speaker 1: Okay, let's get into it. I really just want to

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Speaker 1: figure out how to start. You know, how do I

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Speaker 1: begin as an investor? Is there certain books or very

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Speaker 1: well known courses perhaps I could.

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Speaker 2: Do starting out as an investor? You want to look

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Speaker 2: at the basics first. There's a classic book called The

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Speaker 2: Intelligent Investor by Benjamin Graham that's really useful, and you

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Speaker 2: can find online courses too. It's about getting a good

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Speaker 2: grasp on the fundamentals before diving into the market.

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Speaker 1: Yeah, thank you. Okay, Well, the thing is, I looked

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Speaker 1: at the Benjamin Graham books and they written a long

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Speaker 1: time ago. I mean, I find that those books very difficult,

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Speaker 1: that they're beyond me. Really, I'm looking for something much

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Speaker 1: more elementary, you know, like a introduction perhaps to personal investing.

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Speaker 2: Got it. The older stuff can be a bit dense.

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Speaker 2: For something more digestible, you might check out A Random

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Speaker 2: Walk down Wall Street by Burton Malkiel. It's a bit

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Speaker 2: more approachable for beginners and talks about the basics of

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Speaker 2: investing in the stock market.

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Speaker 1: Yeah, very good. I like that idea. I know that

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Speaker 1: basics of the stock market that would be useful. One

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Speaker 1: of the things I think that's happened since was it

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Speaker 1: Burton Malkiel wrote that book? Of course, it's again it's

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Speaker 1: a long time ago, and it's a bit dense, you know, Like,

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Speaker 1: which is better? Can you tell me? The shares or

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Speaker 1: the ETFs.

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Speaker 2: ETFs have really changed the game. They offer diversification and

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Speaker 2: tend to have lower fees compared to buying individual shares.

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Speaker 2: It's not necessarily about one being better than the other.

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Speaker 2: It depends on your strategy. ETFs can be a good

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Speaker 2: starting point for beginners because of the built in diversification.

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Speaker 2: What's your goal with investing?

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Speaker 1: My goal? Look, my goal with investing is like any

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Speaker 1: other goal, which is to make as much money as possible.

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Speaker 1: I suppose one of the things that sort of is

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Speaker 1: a dilemma for me is whether I buy shares or

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Speaker 1: exchange traded funds. As you say, maybe they're interchangeable, but

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Speaker 1: which do you think? Whether I should buy shares or property?

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Speaker 1: Because house price is also going up pretty.

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Speaker 2: Fast, Property can be a solid investment, especially if you're

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Speaker 2: thinking long term. It's a tangible asset and has potential

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Speaker 2: for appreciation and rental income. Shares and ETFs are more liquid,

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Speaker 2: but property offers a different kind of stability. Diversifying across

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Speaker 2: asset classes could balance out your portfolio. What's your risk tolerance?

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Speaker 1: Like my risk tolerance? My risk tolerance is normal. I

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Speaker 1: suppose One of the things I'm wondering is though, if

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Speaker 1: I'm paying down my home loan right at the moment,

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Speaker 1: my mortgage, maybe I'd be better off doing some investing.

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Speaker 1: Is there any sort of surveys that suggests which is

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Speaker 1: better and keep in mind I live in Australia.

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Speaker 2: It really depends on your specific situation. Paying down your

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Speaker 2: mortgage can be a safe bet because it reduces debt

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Speaker 2: and can save you on interest. Investing could potentially offer

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Speaker 2: higher returns, but it comes with risks. Consider speaking with

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Speaker 2: a financial advisor who knows the Australian market.

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Speaker 1: Well, okay, yes, well. One of the things I'm hoping

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Speaker 1: to get ASPUS is, you know, without going to an advisor,

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Speaker 1: maybe gets some information from you because you seem to

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Speaker 1: be across investment data. One of the things we have

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Speaker 1: here is this choice between putting money aside for the pension,

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Speaker 1: you know, for later life, or putting money into mortgage.

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Speaker 1: It's difficult to assess how much do you need in

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Speaker 1: this area? How much do you need to retire? How

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Speaker 1: do you estimate these things?

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Speaker 2: Retirement needs can vary greatly. A common rule of thumb

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Speaker 2: is aiming for around seventy to eighty percent of your

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Speaker 2: current income annually in retirement. This includes your pension savings

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Speaker 2: and any investments, but it really depends on your lifestyle,

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Speaker 2: health care needs, and life expectancy. It's a balancing act.

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Speaker 1: Oh yeah, where did you get that number? For the

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Speaker 1: rule of thumb, the seventy to eighty percent. It sounds

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Speaker 1: has high to me. I'd love to have that level,

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Speaker 1: you know, of income in my own retirement.

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Speaker 2: The seventy to eighty percent figure comes from financial planning guidelines.

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Speaker 2: It's based on the idea that retirees might spend less

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Speaker 2: on things like commuting or saving for retirement, but it

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Speaker 2: can vary. Some folks aim for more, especially if they

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Speaker 2: plan to travel or have high medical costs.

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Speaker 1: Okay, okay, and what would you say financial planning guidelines?

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Speaker 1: What which guidelines are you referring to?

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Speaker 2: I'm talking about advice from financial planners and experts.

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Speaker 1: Can you name who the financial planners are? I mean, like,

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Speaker 1: is it an association some sort? Is there a qualification here?

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Speaker 2: Sure? These guidelines often come from financial planning associations and

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Speaker 2: experts worldwide. In Australia, you've got bodies like the Financial

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Speaker 2: Planning Association FPA or the Association of Financial Advisors AFA.

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Speaker 2: Financial planners typically need qualifications and must meet certain standards

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Speaker 2: to give advice.

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Speaker 1: Do you know how many financial advices there are in Australia.

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Speaker 1: I'd like to find one.

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Speaker 2: There are thousands of financial advisors. I am not sure

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Speaker 2: of the exact number, but finding one might be easier

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Speaker 2: through the Financial Planning Association or the Australian Securities and

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Speaker 2: Investments Commission website.

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Speaker 1: Okay, pretty so, thank you well, James Gerard, human financial advisor.

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Speaker 1: That was pretty spooky. I found it spooky because I'd

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Speaker 1: been talking at that point to the bot for this

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Speaker 1: is edited versions you're hearing, folks, I'd been talking to

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Speaker 1: it for about half an hour and I was starting

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Speaker 1: It never gets emotional, of course, but you know, I

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Speaker 1: was starting to respond like I was talking to a character.

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Speaker 1: First thing I think we have to put on the

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Speaker 1: table is it's probably right. I mean, a lot of

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Speaker 1: the elementary financial advice, Why on earth would you pay

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Speaker 1: three thousand a year to get basic questions answered when

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Speaker 1: you can get them answered with AI. Am I being

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Speaker 1: brutally simplistic or is that true? I think it's true, James.

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Speaker 3: People will be jumping onto AI more and more to

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Speaker 3: typing these basic questions, and that's a threat to all

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Speaker 3: financial advisors where they're just focusing on the basics. So

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Speaker 3: I think what's going to happen with the financial advisory

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Speaker 3: industry is that everybody will need to skill up and

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Speaker 3: level up. So where there's very complex situation, not even

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Speaker 3: complex situations, complex decisions to be made, where there's maybe

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Speaker 3: five to ten different potential pathways where someone could go

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Speaker 3: with an investment or the way they structure something, it's

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Speaker 3: very difficult to capture that in a very full discussion

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Speaker 3: and overlay that judgment, that human judgment, because AI is

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Speaker 3: taking data, it's listening to the import it's whacking out

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Speaker 3: what it thinks is best. But it does lack that

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Speaker 3: human element and I'm not sure if that can ever

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Speaker 3: be replicated because we have to take it to another degree.

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Speaker 3: Where As we sit in video calls or face to

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Speaker 3: face meetings with clients, us as human financial advisors, we

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Speaker 3: look at people's body language, how they react, and we

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Speaker 3: position our communication in a way that is in line

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Speaker 3: with how the person would like to receive it. So

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Speaker 3: some people in our stereotype engineers they love information, whereas

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Speaker 3: salespeople in directors they just want short, snappy answers. So

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Speaker 3: that's a very simple example of how we adapt in AI.

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Speaker 3: Can't see you.

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Speaker 1: That's EQ right, that's EQ yeah, IQ. It's never going

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Speaker 1: to have the EQ yeah. That's an interesting point. And yeah,

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Speaker 1: there's one other thing which you mentioned. I think it's

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Speaker 1: the it's the killer point. Really, you have to know

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Speaker 1: the question to ask. And in a very almost paradoxical way,

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Speaker 1: part of this amazing leap in information supply from AI,

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Speaker 1: it means that knowing the questions to ask is more

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Speaker 1: important than ever. So you would think financial literacy is

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Speaker 1: less important, but in a way it's more important because

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Speaker 1: the people who can harness this other people who will

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Speaker 1: ask the right questions. But you're never going to know

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Speaker 1: the right questions unless you have some basics I think,

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Speaker 1: and then you think in terms of your industry. Basically

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Speaker 1: the whole thing moves up. Mar is that the ultimate

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Speaker 1: I'll come here.

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Speaker 2: Yeah, I believe.

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Speaker 3: So. I bet my last dollar that there's financial advisors

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Speaker 3: out there today who are typing in basic questions into

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Speaker 3: eye engines like what's the current contribution cap, what's catch

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Speaker 3: up concessional? So financial advisors are doing it every day.

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Speaker 3: Moms and dads and people general public are going to

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Speaker 3: do it as well. So the financial advisors need to

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Speaker 3: scale up. And one little AI tip would be that

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Speaker 3: if you don't know what questions to ask, or you

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Speaker 3: think there may be things that you're not completely aware of.

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Speaker 3: You can actually ask AI say all right, well, this

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Speaker 3: is my situation. I want to know this, but I'm

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Speaker 3: not sure what questions to ask. Can you help me

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Speaker 3: promptly ask? Tell me what questions I should be asking.

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Speaker 1: All right, we're going to keep these segments short. There's

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Speaker 1: a lot to get through. So what we're going to

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Speaker 1: do in the next segment you'll hear in a moment.

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Speaker 1: Hello and welcome back to The Australian's Money Puzzle podcast.

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Speaker 1: I'm James Kirby, and my guest today is the Microsoft

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Speaker 1: co Pilot AI chatbot. We've been going fairly well so far.

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Speaker 1: I want to lift it a gear now and I

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Speaker 1: want to ask the co pilot a bit more elaborate,

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Speaker 1: bit more advanced questions about Super. For instance, So, okay,

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Speaker 1: can you tell me about Super in Australia. I live

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Speaker 1: in Australia. How much can I put into Super? Do

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Speaker 1: you know?

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Speaker 2: Each year for the twenty twenty three to twenty twenty

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Speaker 2: four financial year you can contribute up to twenty seven thousand,

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Speaker 2: five hundred dollars in concessional before tax contributions.

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Speaker 1: Uh huh, very good. Okay, that's really all I'm interested in.

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Speaker 1: Twenty seven five hundred. Now, we'll take it, right, we'll

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Speaker 1: take it on board. That's actually a bit out of

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Speaker 1: date because in fact it's gone up to thirty thousand

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Speaker 1: more recently. But still, Now, when I put the money

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Speaker 1: into SUPER, what happens? Is it tax free? Does it mean?

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Speaker 1: Does it go straight in? Or is or tax involved?

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Speaker 2: When you put your before tax contributions into Super, like

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Speaker 2: salary sacrifice, they're generally taxed at fifteen percent, So it's

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Speaker 2: not tax free, but it's a lower tax rate compared

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Speaker 2: to most people's income tax rate.

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Speaker 1: I understand. Okay, yeah, very useful. And in terms of

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Speaker 1: how much I can put into Super, there's a certain

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Speaker 1: amount that goes in by low, right, that I must

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Speaker 1: put in. The government makes me put in a certain amount.

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Speaker 1: How much is that? Yep?

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Speaker 2: There's a compulsory amount. For the twenty twenty three to

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Speaker 2: twenty twenty four financial year, employers must contribute at least

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Speaker 2: eleven percent of your earnings to your super. This is

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Speaker 2: called the superannuation guarantee.

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Speaker 1: Okay, right, very good superannuation guarantee. That's the minimum as

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Speaker 1: such that I must put into my Super Okay, can

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Speaker 1: I take It's my money right? So can I take

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Speaker 1: money out of SUPER before I retire?

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Speaker 2: Generally, accessing SUPER before retirement is an allowed unless underspecific

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Speaker 2: conditions like severe financial hardship or certain medical situations. Once

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Speaker 2: you hit the preservation age, you can typically access it.

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Speaker 1: The preservation age. What's the preservation age? What does that mean?

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Speaker 2: Your preservation age is the minimum age you can generally

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Speaker 2: access your Super. In Australia, it ranges from fifty five

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Speaker 2: to sixty depending on when you were born.

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Speaker 1: Uh huh, okay, okay. Now can I ask you there's

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Speaker 1: some changes going on in super where it once if

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Speaker 1: you had basically this new tax is coming in on

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Speaker 1: Super over three million. I thought Super was tax free.

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Speaker 1: I thought all income in Super was tax free.

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Speaker 2: Super income is generally taxed lower than regular income, but

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Speaker 2: it's not always tax free. From July twenty twenty five,

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Speaker 2: over three million dollars will face higher tax rates on

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Speaker 2: the earnings. The idea is to ensure fairness in the system.

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Speaker 2: It might not affect everyone, but it's worth being aware

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Speaker 2: and seeking advice. If your balance is approaching that level, and.

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Speaker 1: Is that the low? Now? Is that actually the low.

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Speaker 2: Yes, it's set to become law starting in the financial

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Speaker 2: year twenty twenty five twenty six.

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Speaker 1: Thank you very much. Okay, James Gerard, the human financial

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Speaker 1: advisor you were listening to that. I think it's amazing

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Speaker 1: that a US based app AIP could give us such

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Speaker 1: precise answers. This is the sort of thing that people

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Speaker 1: ask financial advisors at an elementary level when they go

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Speaker 1: in how much can I put in super? How much

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Speaker 1: can I put in pre tax, et cetera post text?

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Speaker 1: What did you think of the answers?

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Speaker 3: I thought it was very interesting. The answers were mainly

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Speaker 3: technically correct. So when it talked about contribution, CAPS gave

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Speaker 3: a form of financial year's number. So currently it's thirty

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Speaker 3: thousand dollars for pre tax super contribution.

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Speaker 1: So it was wrong, Okay, I spotted that. Obviously I

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Speaker 1: didn't want to get into an argument with a bot

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Speaker 1: on air, but it was as such, it was wrong.

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Speaker 1: But then, to be fair, it was not so much

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Speaker 1: wrong as out of date. It was right a couple

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Speaker 1: of years ago, but it was wrong right now. So

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Speaker 1: why is that you think?

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Speaker 3: I think it's just the underlying data that's been sucked

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Speaker 3: into these various AI models may not be up to

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Speaker 3: date as yet, but that's a minor issue that will

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Speaker 3: improve as it has more linkage to contemporary websites and

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Speaker 3: access to live data. So I noticed that when it

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Speaker 3: came to the mandatory supernuation contributions, it did say twenty

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Speaker 3: twenty three twenty twenty four financial year, and it said

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Speaker 3: eleven percent. But we're not in twenty twenty three twenty four.

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Speaker 1: No, But so then again, you know, to be fair,

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Speaker 1: it was correct, they were correct figures. They were just

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Speaker 1: out of date. That's that's right. And if that was

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Speaker 1: an employee of yours, one of your many employees, tell me,

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Speaker 1: what would you have I said in the performance review?

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Speaker 1: Would you have said? What would you have said? They

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Speaker 1: could have done better?

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Speaker 3: They would have had to go brush up on their

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Speaker 3: technical skills, because that's just not up to scratch. We

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Speaker 3: can't go recommending clients with inaccurate technical information. And another

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Speaker 3: area was around the preservation age. Actually, this one was wrong.

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Speaker 3: It said fifty five, but it's actually sixty now, So

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Speaker 3: fifty five was quite a while ago. With the preservation age, Yeah,

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Speaker 3: what was.

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Speaker 1: Quite a while ago. That's quite a file ago. That

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Speaker 1: was actually completely wrong. That's sixty four years.

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Speaker 3: That's right, And the other observation is that it in

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Speaker 3: my opinion, it comes down to the prompting of what

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Speaker 3: you say to the AI bot in terms of what

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Speaker 3: the answer is. So with the super contributions, you asked it,

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Speaker 3: what's the rate of tax on supercontributions? That came out

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Speaker 3: at fifteen percent for concessional contributions, But if your income

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Speaker 3: is above two hundred and fifty thousand, it's actually thirty

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Speaker 3: percent contribution tax. So unless you knew that there's a

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Speaker 3: different tax for people above and below two hundred and

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Speaker 3: fifty thousand, the average Australian who's going to use chat

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Speaker 3: chip or some other AI machine to understand their finances

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Speaker 3: may not get the full pitch up because they're not

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Speaker 3: asking the right questions to it.

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Speaker 1: Okay, very interesting, yeah questions, Even assuming let's put it

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Speaker 1: into side the fact that they were out of date,

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Speaker 1: there's no context and there is really relevant context here.

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Speaker 1: So for instance, on those that was true, the answer

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Speaker 1: was true up to income of two hundred and fifty thousand,

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Speaker 1: isn't that right? And if you were over two hundred

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Speaker 1: and fifty thousand in your annual income there's a thing

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Speaker 1: called Division two ninety three which kicks in, and there's

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Speaker 1: another attack on Super and g gush. I'm hardly surprised

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Speaker 1: at a I can't keep up with it because we're

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Speaker 1: all struggling to keep up with it. Okay, we'll be

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Speaker 1: back in a moment with some really interesting questions about

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Speaker 1: the future financial advice. Hello, welcome back to the Australians

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Speaker 1: Money Puzzle podcast. I'm James Kirby. The first time that

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Speaker 1: I've had two guests on the show, one human and

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Speaker 1: one AI bot, which is Microsoft's co pilot. We've had

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Speaker 1: a bit of fun basically asking the bot about how

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Speaker 1: to start in financial advice. Then we sort of lifted

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Speaker 1: our game a bit and said pretty you know my

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Speaker 1: ly advanced questions about Super and it wasn't as good

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Speaker 1: on that part. I have to say now I'm just

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Speaker 1: going to ask in this segment about the future financial

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Speaker 1: advice itself and what might happen. And I think it's

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Speaker 1: an extraordinary piece for the simple reason that initially you'll

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Speaker 1: hear the bot gives a bland answer about job losses.

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Speaker 1: I push it a second time and like a human,

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Speaker 1: it takes a second read and actually gives a better answer.

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Speaker 1: It's really interesting. Now this time I want to ask

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Speaker 1: something more broad. Can you tell me will there be

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Speaker 1: job losses in the future due to artificial intelligence due

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Speaker 1: to AI.

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Speaker 2: AI's impact on jobs is a complex topic. While some

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Speaker 2: jobs may be affected, AI also creates new opportunities.

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Speaker 1: Yeah, yeah, I know, sure, But I'm asking you. Do

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Speaker 1: you think there will be job losses from AI in

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Speaker 1: the next few years.

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Speaker 2: Absolutely, It's likely that AI will lead to job losses

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Speaker 2: in some sectors due to automation. However, it will also

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Speaker 2: create new roles and industries.

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Speaker 1: Okay. The industry I'm particularly interested in is financial advice,

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Speaker 1: and of course that's the area invariably or other guests

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Speaker 1: on the show are often from. What can AI offer

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Speaker 1: in the business of financial advice and investment information?

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Speaker 2: AI can offer a lot in the financial advisory space.

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Speaker 2: It can analyze vast amounts of data quickly, provide personalized

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Speaker 2: investment advice based on individual goals, and even predict market

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Speaker 2: trends with advanced algorithms. Plus, it can streamline administrative tasks,

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Speaker 2: allowing advisors to focus more on client relationships.

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Speaker 1: Yeah, what would be the risk then for the day

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Speaker 1: listener or investor taking AI information exclusively exclusively for the

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Speaker 1: financial advice.

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Speaker 2: Relying solely on AI for financial advice carries risks. There's

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Speaker 2: the potential for over reliance on algorithms that might not

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Speaker 2: capture the nuances of individual circumstances or market anomalies. Plus,

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Speaker 2: without human judgment, there's a risk of missing the emotional

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Speaker 2: or psychological aspects of investing.

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Speaker 1: Okay, thank you very much. Great to have you on

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Speaker 1: the show. Nice to talk to you, and well, I

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Speaker 1: don't know if we'll have you on again, but thank

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Speaker 1: you for coming on the show.

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Speaker 2: Thanks for having me.

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Speaker 1: Take care Well, that was a pretty interesting interview, certainly

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Speaker 1: one of the more interesting interviews I've ever done. I

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Speaker 1: can tell you that, folks, because I'm not used to

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Speaker 1: talking to bots, and most people aren't. James, what did

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Speaker 1: you think about the general quality of the information? I mean,

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Speaker 1: I thought some of it ranged from seriously precise, and

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Speaker 1: actually the precise stuff was inappropriate, I thought, But then

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Speaker 1: the general stuff wasn't bad. What do you think?

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Speaker 3: Yeah, it was okay. I would say I'd rate it

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Speaker 3: as sort of like a seven out of ten. It

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Speaker 3: covered a lot of broad principles, a lot of just

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Speaker 3: general information that apply to a lot of people. But

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Speaker 3: maybe if those books are a little bit off, they

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Speaker 3: probably wouldn't be the first two that I'd give to

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Speaker 3: everybody because they are a little bit complex in nature.

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Speaker 1: But they're all books, and they're hard to read, and

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Speaker 1: they're both American.

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Speaker 3: That's right, So it probably just lacked that. Oh okay,

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Speaker 3: a little bit of context around it would have been good.

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Speaker 3: I'm an Australian investor, I'm forty five years old, so

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Speaker 3: on and so forth, and I don't know it still

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Speaker 3: maybe even the same ones, But again it comes back

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Speaker 3: to these issues around these AI models. They're still relatively new.

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Speaker 1: Yes, okay, now there were I thought it was good

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Speaker 1: on the basics there, like ETFs, you know, and having goals.

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Speaker 1: I thought that was quite good. I mean there were

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Speaker 1: very general answers, but there were very general questions, and

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Speaker 1: I don't think, what did you? And she only fought

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Speaker 1: with the B principles or approach that it took.

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Speaker 3: I had no concerns with what it said generally about ETFs,

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Speaker 3: but I guess the next step with an AI financial

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Speaker 3: adviser would be to say, well, which ones for me?

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Speaker 3: And then that just opens up this whole conversation that

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Speaker 3: typically someone would have with a face to face advisor,

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Speaker 3: because the AI financial advisor can look at the whole

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Speaker 3: list of ETFs that are available through this ground and

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Speaker 3: share market. But it's not going to be as good

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Speaker 3: as picking well what about time in market conditions should

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Speaker 3: be dollar cost average in and it can do the

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Speaker 3: basics on risk return metrics, but it's going to take

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Speaker 3: a very big conversation, like you need to know quite

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Speaker 3: a bit to be able to get the best out

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Speaker 3: of it to get what you want.

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Speaker 1: Yeah, it'll be interesting to talk to it the morning

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Speaker 1: after a crash. That would be really interesting because it

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Speaker 1: would be on emotional on like the human advisors and

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Speaker 1: stuff workers that we might be talking to. Okay, now

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Speaker 1: I tell you, well, I tell you what I didn't like.

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Speaker 1: As one stage, it says retirement needs can vary greatly.

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Speaker 1: A common rule of thumb is for aiming for seventy

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Speaker 1: to eighty percent of your current income in retirement. Oh yeah,

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Speaker 1: I don't know. Tell me that sounds too high to me,

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Speaker 1: that sounds way ambitious, I reckon. Most Australians is not

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Speaker 1: retired with seventy to eighty percent of their previous income

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Speaker 1: and wouldn't even aspire to do so is it too

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Speaker 1: high or was it in the ballpark?

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Speaker 3: I think it's too high, And I think this is

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Speaker 3: maybe one of the issues at present with these AI

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Speaker 3: chat engines is that they learn from these thing called

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Speaker 3: large language models. So it's basically the database of information

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Speaker 3: that is in there that when you type a question,

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Speaker 3: it looks into that and then spits out the answer.

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Speaker 3: And it's probably going more for a theoretical answer. So

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Speaker 3: in some textbook or some website somewhere, it probably says

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Speaker 3: that you should aim to retire on seventy to eighty

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Speaker 3: percent of your pre retirement income. However, when you overlay

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Speaker 3: that with reality, as you say, most people don't. So

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Speaker 3: there's a difference between what theory says and what actually

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Speaker 3: happens day to day, which AI may not be so

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Speaker 3: good at distinguishing.

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Speaker 1: Actually, which brings me back in a nice way to

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Speaker 1: close this show to one of the very first things

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Speaker 1: we were told when we started in journalism, which is

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Speaker 1: there is no such thing as a stupid question, only

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Speaker 1: stupid answers. And we might leave it right there, thank

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Speaker 1: you very much, James Girard. I won't go through the

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Speaker 1: protocol of thanking a bot because I still like to

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Speaker 1: think that I only talk to humans. So thank you.

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Speaker 1: James Gerard, Financial Advisor dot com dot au. Thank you, James,

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Speaker 1: my pleasure lovely to have you on the show. Keep

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Speaker 1: the emails rolling, folks. The money puzzle at The Australian

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Speaker 1: dot com dot au