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Speaker 1: Welcome to Shared Lunch, brought to you by Chairsas at

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Speaker 1: Cheers EA's. We're on a mission to crack financial empowerment

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Speaker 1: for everyone, and these convos are a part of that,

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Speaker 1: a chance for us to take a deeper dive into

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Speaker 1: what's going on in the world of wealth. I'm a

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Speaker 1: Sonya Williams, co founder and co CEO at Chairs EAS

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Speaker 1: and today we're joined by Bryce from Equity Mates to

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Speaker 1: discuss what's going on in the markets and how investors

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Speaker 1: should be navigating these times.

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Speaker 2: Investing involves for risk you might lose the money you

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Speaker 2: start with. We recommend talking to a licensed financial advisor.

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Speaker 2: We also recommend reading product disclosure documents before deciding to invest.

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Speaker 2: Everything you're about to see and hear is current at

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Speaker 2: the time of recording.

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Speaker 1: Before we get started, I want to acknowledge the Getigal

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Speaker 1: people of the Ura nation, the traditional custodians of the land,

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Speaker 1: water and sky where we're filming from today, and pay

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Speaker 1: respects to elders, past, present and emerging.

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Speaker 3: Welcome Bryce, Thanks for having me. Great to have you here.

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Speaker 1: So there's been so much interesting stuff happening in the

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Speaker 1: markets at the moment. Can you tell us a bit

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Speaker 1: about what's going on.

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Speaker 4: You're right, there has been a lot. It's been a

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Speaker 4: pretty it's been a pretty active period of time over

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Speaker 4: the last few weeks, and it's all been driven by

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Speaker 4: some of the big announcements that Donald Trump, President of

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Speaker 4: the United States, has made regarding his policy on tariffs.

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Speaker 4: And so there's now this global trade war going on

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Speaker 4: with real serious fears that it is going to lead

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Speaker 4: to a global recession. And of course when we're in

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Speaker 4: a recession, it's going to slow down economies around the world,

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Speaker 4: and a lot of the companies that we're invested in

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Speaker 4: are going to be impacted. You think Apple, you know,

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Speaker 4: it imports a lot of its products from China or

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Speaker 4: its parts for its iPhones, and so everyone is uncertain

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Speaker 4: about what is going to happen because Trump is a

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Speaker 4: very unpredictable person, and so markets are now reacting and

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Speaker 4: there's a.

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Speaker 1: Huge sell off and because we can see that you know,

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Speaker 1: you're talking about the tariff being a cost of exporting,

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Speaker 1: so that drives cost to business, but it would also

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Speaker 1: mean that the cost of goods go up, so would

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Speaker 1: hurt consumers too.

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Speaker 4: Absolutely. Yeah, So there's I mean, that is how businesses

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Speaker 4: deal with it, they don't necessarily absorb that cost. Let's

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Speaker 4: use Apple as another example. They're likely to increase the

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Speaker 4: cost of iPhones, They're likely to increase the cost of

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Speaker 4: MacBook pros. That is going to impact us, and that's

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Speaker 4: going to flow it. That's going to have impact on inflation.

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Speaker 4: And we know we've spent the last three or four

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Speaker 4: years globally trying to push down inflation, and there's real

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Speaker 4: fears again that this is just going to push inflation

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Speaker 4: back up. And central banks are now uncertain about the

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Speaker 4: future and what to do there. So it's not a

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Speaker 4: pretty picture, that's for sure, but that this is this

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Speaker 4: is markets.

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Speaker 3: Yeah, so with all of that, is now a good

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Speaker 3: time to elist.

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Speaker 4: I think I would couch it and say the only

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Speaker 4: certainty is uncertainty at the moment. And this is not

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Speaker 4: an unusual thing to happen in markets. So we've seen

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Speaker 4: a pullback in one of the big indexes over in

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Speaker 4: the state. It's the Nasdaq, which is a tech heavy

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Speaker 4: home to some of the biggest tech companies. But over

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Speaker 4: the long term, this is part of a market cycle.

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Speaker 4: So every sort of four to five years you will

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Speaker 4: see are twenty percent full or thereabouts and so you know,

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Speaker 4: personally taking these opportunities to get into the market or

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Speaker 4: to add to my portfolio, is it's an opportunistic point

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Speaker 4: or time to do it. And we are seeing our

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Speaker 4: community really sort of rallying around this moment. That's not

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Speaker 4: to say though, that we're anywhere near the bottom. It

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Speaker 4: could get completely worse. It could bounce from here. You

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Speaker 4: cannot time the market. It is impossible to time the market.

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Speaker 4: And so I think the more important thing is if

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Speaker 4: you are looking at the markets now and getting engaged,

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Speaker 4: it's actually thinking about how you can build a long

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Speaker 4: term investing strategy that sees you through these market sort

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Speaker 4: of movements and you don't have to worry about is

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Speaker 4: now a good time to buy or sell?

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Speaker 1: Yeah, Like we often talk about how envisting in itself

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Speaker 1: is inherently optimistic. You know, leave that things like you

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Speaker 1: believe in growth or you believe that people are going

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Speaker 1: to be successful through that. But often it's like what

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Speaker 1: changes or the uncertainty is what changes, like our assumptions

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Speaker 1: around how that business is going to operate in the

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Speaker 1: short term. But there's a belief that people will adapt

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Speaker 1: and people will find a new way to be successful

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Speaker 1: in the new circumstance.

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Speaker 4: Absolutely. I think there's a stat that I always remind

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Speaker 4: myself in these times when the market has just been

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Speaker 4: wiped and I'm looking at my portfolio and I've lost

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Speaker 4: a lot of money. It's that there is no twenty

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Speaker 4: year period on the S and P five hundred where

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Speaker 4: if you had invested in year one and stuck through

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Speaker 4: the year twenty that you would have lost money. There

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Speaker 4: is just no instance where the market has not recovered.

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Speaker 4: So despite the wall of worry that the world has

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Speaker 4: gone through over the last hundred years, world wars, disease,

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Speaker 4: you know, COVID, changes in presidency, like, there has been

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Speaker 4: so many reasons for the market to not perform well,

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Speaker 4: there is no instance where it hasn't recovered and gone

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Speaker 4: on to hit new highs. And so I look at

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Speaker 4: this period. You know, I've gone through the COVID crash,

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Speaker 4: twenty twenty two, there was a pullback two thousand and

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Speaker 4: seven global financial crisis. I was in high school, and

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Speaker 4: through all of those moments, I always look back and go, Damn,

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Speaker 4: that was actually a really good buying opportunity, and I

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Speaker 4: wish I'd been more active and not as fearful as

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Speaker 4: the markets sort of make you feel. And so that's

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Speaker 4: kind of how I'm trying to approach this now.

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Speaker 1: Yeah, Like you know, you talk about your experience, but

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Speaker 1: you've been in visting since you were five, haven't.

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Speaker 4: You very young?

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Speaker 2: Yeah?

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Speaker 1: Yeah, and so you would have seen like these moments

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Speaker 1: as you say, they kind of happen around every five years,

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Speaker 1: and you know, our platform has been around now, you know,

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Speaker 1: through the COVID pandemic things like that.

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Speaker 3: Is there anything you're observing about.

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Speaker 1: How people are reacting this time versus the times that

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Speaker 1: have happened over the last free while.

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Speaker 4: I think this time there is a real feeling of

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Speaker 4: excitement from our community and A and from what I'm seeing,

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Speaker 4: their investing behavior is the right investing behavior, which is

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Speaker 4: either I'm not going to do anything. I'm just going

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Speaker 4: to stick to my strategy and know that if I'm

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Speaker 4: investing every month two hundred dollars a month, I'm just

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Speaker 4: going to keep doing that and know that I'm going

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Speaker 4: to get the market as it falls and if it recovers,

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Speaker 4: I'm going to get it because trying to time it

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Speaker 4: is just a fool's game. Or it's like I'm going

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Speaker 4: to continue doing my strategy. But take this exciting moment

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Speaker 4: knowing that I can pick up some of the stocks

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Speaker 4: that I've been looking out on my watch list for

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Speaker 4: cheaper than they were three months ago. I think I

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Speaker 4: look back at COVID and that there was a real

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Speaker 4: not so much fear, but a lot more a lot

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Speaker 4: more uncertainty, and people very scared of what was going on.

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Speaker 4: But I think we've now had five or six years

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Speaker 4: post that where people have sort of looked back at

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Speaker 4: that and said, I wish, knowing what I know now,

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Speaker 4: I wish I'd actually been more strategic and put some

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Speaker 4: money in so our community is excited at the moment. Yeah,

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Speaker 4: it's like you could easily sell out and be fearful.

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Speaker 4: That's the worst thing you can do. But yeah, I

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Speaker 4: think you probably see it on shares this platform as well,

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Speaker 4: like huge engagement levels and investing in those core long

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Speaker 4: term ETFs as well, not sort of punting on individual

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Speaker 4: you know, gold specky stocks.

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Speaker 1: Yeah, like we've seen still more people buying and selling

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Speaker 1: through the platform and people really sticking at that strategy.

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Speaker 1: As you say, Like what we have noticed over the

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Speaker 1: last few months as a shift from maybe investing in

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Speaker 1: individual companies into putting more into ETFs.

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Speaker 3: Why do you think that would be happening. Is that

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Speaker 3: something you're noticing as well.

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Speaker 1: Or like what you talked about, you know, investing for

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Speaker 1: the time, you know, how does that kind of play

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Speaker 1: into it? Do you think?

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Speaker 2: Well?

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Speaker 4: I think like if you look back over the last

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Speaker 4: sort of two or three years, the market's done incredibly

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Speaker 4: well overall. Like you know, we've seen in video push

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Speaker 4: the market to sort of record high as a lot

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Speaker 4: of the tech companies have pushed well. So if you've

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Speaker 4: just been exposed generally to the market, you've done incredibly well.

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Speaker 4: There hasn't really been a need to invest in individual stocks.

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Speaker 4: I think we've seen a huge influx of new ETFs

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Speaker 4: to market as well that are really interesting for a

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Speaker 4: lot of our investors or our community. But I think

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Speaker 4: like at the end of the day, ETFs are just

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Speaker 4: such a nice wrapper and a nice stress free way

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Speaker 4: of investing long term in the market, and people are

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Speaker 4: sort of looking at the opportunity that has been really

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Speaker 4: playing out since the start of the year, which is

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Speaker 4: the market has been pulling back. This isn't just something

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Speaker 4: that's happened over the last few weeks. Although it's been accelerated,

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Speaker 4: and so you know, you know, we talk about the

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Speaker 4: opportunity or dollar cost averaging, and so now is that

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Speaker 4: time where our audience is sort of saying, well, hey,

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Speaker 4: there's an opportunity here, I might start topping up the portfolio,

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Speaker 4: and the best way to do that is low cost,

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Speaker 4: well diversified ETFs that are going to give me global exposure.

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Speaker 4: And so yeah, we love that.

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Speaker 1: Yeah, yeah, on dollar cost averaging. And I think especially

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Speaker 1: like a good reminder that it's a pretty poor strategy

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Speaker 1: if you don't keep investing while it's while the market

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Speaker 1: is going down. So it's like important if that is

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Speaker 1: your strategy to kind of stick with.

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Speaker 4: It one hundred percent, Like this is the moment that

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Speaker 4: you want to be dollar cost averaging, Like there's no

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Speaker 4: point thinking you're a hero when the market is going

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Speaker 4: up and putting money in every month as the market

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Speaker 4: goes up, and then as it starts to fall, you

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Speaker 4: stop doing that because it's when it's falling that you're

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Speaker 4: really getting the benefit of dollar cost averaging, because you're

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Speaker 4: getting more for the money that you're putting in than

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Speaker 4: on the other way. And I think doing that it

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Speaker 4: removes any emotion from your investing strategy. I think one

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Speaker 4: of the biggest things I've learned. I look back at COVID,

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Speaker 4: I look back at global financial crisis, and like it

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Speaker 4: can be paralyzing. You can make some really bad decisions

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Speaker 4: when you're going through a traumatic experience, whereas having a

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Speaker 4: strategy that is just clear takes out the emotion. You

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Speaker 4: know what you're investing in and you just stick to it.

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Speaker 4: You could actually turn off the news and not know

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Speaker 4: what is going on and still have an incredibly effective

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Speaker 4: investing strategy over the long term and have a very

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Speaker 4: healthy outcome because things can change so quickly. I mean

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Speaker 4: the stats show after a market fall of twenty percent

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Speaker 4: in the following three months, it can rebound incredibly quickly.

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Speaker 4: We look at COVID, it was the fastest rebound in history.

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Speaker 4: If you tried to time that, you would have missed it.

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Speaker 4: And the stats also show that if you miss that rebound,

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Speaker 4: then the difference in investing outcomes can be significant, so

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Speaker 4: you you don't want to try and sell out. And

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Speaker 4: that's why a dollar cost averaging, which is effectively putting

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Speaker 4: in the same amount of money at the same cadence,

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Speaker 4: is approven strategy.

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Speaker 1: Yeah, and so like I mean it's very real, like

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Speaker 1: when you see your portfolio going down, you know, like

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Speaker 1: there's that feeling like there's you know, it's kind of

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Speaker 1: important to acknowledge that that sucks. It's like a really

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Speaker 1: hardly to see and like, but what I'm kind of

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Speaker 1: noticing is like there's more of a cinema of like, yeah,

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Speaker 1: that feels like that.

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Speaker 3: But do I need to do anything about that? And

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Speaker 3: I mean do people need to do anything different?

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Speaker 4: No? No, no, no is the answer. Like do not sell.

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Speaker 4: If you have cash and you want to be opportunistic,

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Speaker 4: of course buy, but also be cautious of what you're

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Speaker 4: buying and how much you're putting in because, as we said,

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Speaker 4: we don't know what's going to happen from here. Trump

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Speaker 4: might come out and say, you know what, We're going

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Speaker 4: to put more tariffs on everyone around the world, and

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Speaker 4: you can expect the markets are not going to appreciate that.

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Speaker 4: And so if you have cash sitting on the side

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Speaker 4: and you put the whole lot in now, do so

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Speaker 4: knowing that it could fall further, but you've still got

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Speaker 4: in at an opportunistic time. Or take that lump some

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Speaker 4: of cash and say, okay, let's just see how it

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Speaker 4: plays out. But every month, I'm going to put a

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Speaker 4: little bit more in. But I think to answer the

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Speaker 4: first part of that question, it's like, no, you don't

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Speaker 4: have to do anything except turn the app off. If

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Speaker 4: you are one of those people and I have been there,

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Speaker 4: who looks at it and seize the red and you

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Speaker 4: think and five or six years of work down the drain,

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Speaker 4: I've just lost all this money. Don't look at it

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Speaker 4: and know that over time, your strategy has been successful

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Speaker 4: and it's proven over the last hundred years to be

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Speaker 4: a successful strategy. Just investing low cost into the market,

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Speaker 4: try and like tune out of the noise. I think

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Speaker 4: as well, like it goes back to the foundations of

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Speaker 4: setting up a good investment strategy, which is you shouldn't

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Speaker 4: be investing any money that you need, like you don't

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Speaker 4: want to. I don't have any money in my portfolio

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Speaker 4: now when I'm like, okay, I'm going to need to

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Speaker 4: sell some of this to pay my mortgage. I'm going

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Speaker 4: to need to sell some of this if I have

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Speaker 4: an emergency. And that kind of gives a bit of

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Speaker 4: comfort because I can sit back and say, you know,

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Speaker 4: I've lost twenty thirty, forty percent whatever, But that's okay

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Speaker 4: because if I zoom out, I know that it's going

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Speaker 4: to go up. And I also don't need this right now.

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Speaker 3: Yeah, that's an important point.

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Speaker 1: Like we're saying it's a good time to invest, you know,

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Speaker 1: through this, but it's like if you need cash on hand,

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Speaker 1: like it's a good time to invist if you can

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Speaker 1: kind of write out the long term, like we're not saying,

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Speaker 1: and that's completely how we see investing is like that

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Speaker 1: it is for the long term. Yes, And so I

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Speaker 1: think that's an important, you know thing, just to tack

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Speaker 1: on the end there. Do you have any kind of

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Speaker 1: pills of wisdom that you are keen to share with

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Speaker 1: people about kind of going through these times or through

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Speaker 1: you know, the experience that you've had investing today.

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Speaker 4: I think just like stick with it, read as much

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Speaker 4: as you can. And I think, you know, we were

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Speaker 4: talking off about Buffet and one of one sort of

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Speaker 4: quote that rings true at this time is he says

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Speaker 4: the most important behavior or the most important characteristic for

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Speaker 4: an investor is temperament, not intellect. And I think this

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Speaker 4: moment is all about managing your behavior and managing your emotions.

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Speaker 4: And if you are starting from scratch right now, that's

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Speaker 4: great because you've recognized that this might be an opportunity

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Speaker 4: to get in. But make sure that you are setting

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Speaker 4: up a strategy that you know automates as much of

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Speaker 4: your process as possible, because I think if you can

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Speaker 4: automate from getting paid through to investing in ETF, you

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Speaker 4: don't even have to look. So I think automating it

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Speaker 4: takes out the emotions and just being conscious of the

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Speaker 4: opportunity that we have and that the worst thing you

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Speaker 4: can be doing is selling right now. But look, as

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Speaker 4: I said, remind me that this is this is not

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Speaker 4: an uncommon thing to happen. This happens every four or

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Speaker 4: five years. It's how markets are supposed to work. And

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Speaker 4: as I said, there's so many instances in history where

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Speaker 4: the market has not only recovered but gone to hit

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Speaker 4: new highs. So stick with it. It might not be

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Speaker 4: for another twelve or twenty four months, we don't know,

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Speaker 4: but it eventually will get back to where it was.

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Speaker 3: Hey, thanks heaps, Bryce.

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Speaker 1: Definitely an interesting chat with everything going on as well,

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Speaker 1: so I appreciate you.

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Speaker 4: Having us and I think good to see that the

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Speaker 4: shares is community as well getting around it and buying.

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Speaker 4: I think it's an exciting time.

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Speaker 1: Hey, thanks Haepspryce and thanks everyone for tuning in. You

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Speaker 1: can watch your lunch on YouTube well, follow Long on

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Speaker 1: your favorite podcast app. Leave us a rating and comment

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Speaker 1: of what you'd like to hear about next m