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Speaker 1: My name's Anatasha 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 Niana,

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Speaker 1: kaka ya Ya bin Ahaka Nian Our gay In Mbina,

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Speaker 1: yakarum Jar, Dominyama, Domagaowakaman, damon Imlan Bomber bang gadaboma In

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Speaker 1: and now in wakah ghana on yak rum jar Watnadaa. Hello,

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Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.

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Speaker 1: We thank acknowledge and respect the Abiginal people's land that

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Speaker 1: we're gathering on today. Take pleasure in all the land

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Speaker 1: and respect all that you see. She's on the Money

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Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,

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Speaker 1: knowledge and resources for you to thrive.

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Speaker 2: She's on the Money. She's on the Money. Hello, and

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Speaker 2: welcome to She's on the Money, the podcast that lets

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Speaker 2: you be pervy about other people's investment portfolios for educational

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Speaker 2: purposes of course. Welcome back to another one of our

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Speaker 2: new investing diaries where I get to talk with one

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Speaker 2: of our incredible She's on the Money community members all

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Speaker 2: about their investing journey. Let's jump straight into it because

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Speaker 2: this week I got a message and I couldn't not reply,

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Speaker 2: She's on the show. It went like this, Hi, Victoria.

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Speaker 2: I knew zero about investing until twenty twenty, when we

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Speaker 2: were all stuck inside. Thanks to my Instagram algorithm, I

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Speaker 2: spent six months learning everything I could. I was listening

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Speaker 2: to She's on the Money, I was listening to my

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Speaker 2: millennial money, all of it before making my first investment.

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Speaker 2: I ended up investing fifty thousand dollars over four years,

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Speaker 2: with the goal of having one hundred thousand dollars invested

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Speaker 2: by the time I was thirty. Of course, life got

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Speaker 2: in the way. My savings were diverted to buying a

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Speaker 2: home and then a wedding. I stopped checking my portfolio

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Speaker 2: and I didn't invest for two whole years. But the

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Speaker 2: growth has been really impressive, and I would love to

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Speaker 2: share my real world experience of compounding interest money diarist,

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Speaker 2: I'm so excited for this.

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Speaker 3: Ah, thank you so much. I'm really excited to be

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Speaker 3: the first anonymous investing diary.

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Speaker 2: I think my favorite part about this is anonymous you

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Speaker 2: can get really pervy, like I feel like you and

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Speaker 2: I were talking off air before we started recording and

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Speaker 2: we're talking about Brooks Investing Diary from my team, and

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Speaker 2: that was fantastic. But I also held back a little

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Speaker 2: bit because I was like, well, I'll ask go about

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Speaker 2: all the shares, but I'm not going to be like,

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Speaker 2: well how many dollars have you got, because I don't

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Speaker 2: know there's a line when you're not anonymous, but when

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Speaker 2: you're anonymous, I can ask anything. It's so good and

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Speaker 2: I'm so excited. So let's start at the top investing diarist.

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Speaker 2: I want to note obviously I have to be me,

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Speaker 2: tell me a little bit about your money story as well.

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Speaker 2: What was your life like before you start and investing,

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Speaker 2: and what was your attitude towards investing?

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Speaker 3: Sure, so I, you know, preparing for this diary, I

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Speaker 3: sort of was reflecting back to the time before investing,

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Speaker 3: the time before I sort of learned more about finances.

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Speaker 3: And I grew up in a big family and my

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Speaker 3: family were very sort of middle working class. My parents

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Speaker 3: just worked to government jobs, and I always just thought

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Speaker 3: money was you know, you earn a job, you save,

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Speaker 3: and then you live off your savings and that's it.

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Speaker 3: And like I said in my submission, it was actually

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Speaker 3: really mind blowing to learn that there are ways to

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Speaker 3: make your money stretch further, ways to make your money

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Speaker 3: work for you. So when I actually learned about investing

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Speaker 3: for the first time, I really thought, wow, I did

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Speaker 3: not realize that investing could be for someone like me.

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Speaker 3: It really had that association as being you know, guys

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Speaker 3: working on Wall Street and very male dominated, and so yeah,

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Speaker 3: I just think it was something I never been considered.

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Speaker 3: And I really had an attitude towards money that was

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Speaker 3: a little bit of a scarcity mindset, but also just

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Speaker 3: you know, money comes in, money goes out. I'm not

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Speaker 3: keeping track of it, and that's just the way that

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Speaker 3: it was always going to be. So I had to

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Speaker 3: do a lot of re education and learning about it

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Speaker 3: to really change my mindset. And I'm really proud of

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Speaker 3: where I've come, and I had a lot to learn

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Speaker 3: and I still.

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Speaker 2: Do as well. What was that moment where you were like,

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Speaker 2: I want to learn about this because like you're obviously

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Speaker 2: stuck inside, we didn't have much to do. Some of

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Speaker 2: us me took up crochet, right, but you took up

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Speaker 2: financial literacy. And I feel like that's a choice, like

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Speaker 2: in a good way. That's a really good choice, But

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Speaker 2: did something prompt you to go there has to be

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Speaker 2: a better way, or there has to be, you know,

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Speaker 2: a way I can create wealth or like, how did

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Speaker 2: you fall into the slippery slope of finance content?

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Speaker 3: Well, I actually have the algorithm gods to thank for that.

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Speaker 3: So I remember being on my Instagram for you page.

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Speaker 3: I don't know what it's called, and I actually thought

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Speaker 3: graph and it was really just like very visually appealing,

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Speaker 3: and I can't remember it to this day. I just

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Speaker 3: remember thinking, he's a young girl who looks like me.

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Speaker 3: She's fun, she's friendly, she's making money, and investing seemed

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Speaker 3: really cool, and I thought, wow, it is actually so interesting,

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Speaker 3: and it got me really excited because I think her

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Speaker 3: graph was showing how much she'd invested, how much you'd grown,

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Speaker 3: and just the I guess, the potential of what investing

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Speaker 3: could bring.

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Speaker 2: So you kind of found someone online that was like, hey,

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Speaker 2: I'm making money, and you were like, hey, that doesn't

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Speaker 2: seem too complex. I could do that. Yeah, pretty much.

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Speaker 3: I know. Definitely investing at the beginning, it was quite intimidating,

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Speaker 3: even though I think at the time that's maybe when like,

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Speaker 3: you know, she's on the money. Was starting or had

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Speaker 3: just oh, had previously started same as my millennial money

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Speaker 3: I know comseec of pocket was starting off as well.

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Speaker 3: So it was a combination of a few things that

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Speaker 3: yeah opened the door for me and it actually made

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Speaker 3: it seem a little bit more appealing. But it took

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Speaker 3: me a while to actually make that first step and

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Speaker 3: make my first investment.

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Speaker 2: I love that. So tell me what were you doing

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Speaker 2: for work at the time and how much money were

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Speaker 2: you earning.

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Speaker 3: So I was working in marketing for a corporate company

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Speaker 3: and I was on about ninety k including.

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Speaker 2: Suva very cool. And if we looked at your budget,

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Speaker 2: did you have disposable income when you're cutting it fine? Like,

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Speaker 2: what kind of money situation were you in?

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Speaker 3: Well, it was a very very lucky time for me,

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Speaker 3: and I acknowledge very lucky and privileged. So I was

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Speaker 3: living at home, I was still twenty five, I hadn't

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Speaker 3: moved out, And it was actually COVID to make me

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Speaker 3: realize I have a lot of disposable income that previously

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Speaker 3: I had just been spending on clothes, consumers goods, going out,

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Speaker 3: spending drinking, and yeah, that's what I just really had

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Speaker 3: this like sort of I was always saving for a property,

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Speaker 3: my deposit, but I still gave myself a lot of

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Speaker 3: leeway and it took COVID for me to think, Wow,

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Speaker 3: where's my money going? And I remember I had a

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Speaker 3: friend at the time who said, you live at home,

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Speaker 3: you should have saved more or something like that, and

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Speaker 3: that really rude but also confronting.

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Speaker 2: Thank you for that. I feel attacked, but I'm also

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Speaker 2: going to get rich now.

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Speaker 3: It was actually really good wake up call because I

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Speaker 3: didn't feel the pressure, I think, to do anything with

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Speaker 3: my money except for you know, that very Australian dream

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Speaker 3: of you know, you buy a house, you buy a property,

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Speaker 3: and that's all I was really doing. But I actually

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Speaker 3: didn't really feel a drive either because it felt very

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Speaker 3: far away.

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Speaker 2: So how did you go from there to making your

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Speaker 2: first investment?

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Speaker 3: A lot of podcasts, so a lot of listening to

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Speaker 3: podcasts like She's on the Money, like I mentioned, am

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Speaker 3: I Millennial Money? So many of them, and just following

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Speaker 3: a lot of people on Instagram. So I guess Victoria

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Speaker 3: you probably will know as well. Around the same time,

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Speaker 3: there was a big growth in the Oussie finance Instagram community.

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Speaker 3: There was lots of young influencers.

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Speaker 2: Oh my goodness. And yes, like it was a really

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Speaker 2: good time for content, but it was also so rogue.

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Speaker 2: Like I'm looking back on that because at the time

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Speaker 2: I was a financial advisor and I'd review those posts

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Speaker 2: and be like, what are you guys doing? And now,

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Speaker 2: obviously there's been some acid reforming you need a license

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Speaker 2: and rah rah, But like it was a free for

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Speaker 2: all for a fair bit there, Like you were getting

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Speaker 2: so much information. Doesn't mean it was correct, which was

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Speaker 2: half of the issue I had with it, but whatever,

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Speaker 2: like that's fun. You seem to be in a good

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Speaker 2: position now because of it.

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Speaker 3: Yeah, and I definitely acknowledge at the time as well,

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Speaker 3: I probably wasn't even sure how much of that was

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Speaker 3: legit or whether it was just you know, hype to

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Speaker 3: get followers or clicks or engagement. So obviously it took

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Speaker 3: away a grain of salt. But it was really just

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Speaker 3: seeing people who were like me, young women or just

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Speaker 3: young people you know, actually sort of gabbling in this

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Speaker 3: space and hearing from experts like yourself who made it

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Speaker 3: sound something achievable for someone.

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Speaker 2: Like me, because it is, and then you're proving it.

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Speaker 2: So tell me, how did you go from their like

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Speaker 2: obviously making your first investment. You consumed heaps of content

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Speaker 2: and you were like, okay, well, I feel ready to

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Speaker 2: make my first investment. Why did you feel ready? Because

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Speaker 2: I feel like this is where, especially women, we get

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Speaker 2: like analysis paralysis, and we're like, okay, like I've researched

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Speaker 2: so much, and as you said before, like so many podcasts,

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Speaker 2: so much information. Sometimes that information can be too much,

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Speaker 2: and then you get I don't know, paralyzed into not

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Speaker 2: making a decision. How did you go, all right, I'm

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Speaker 2: going to download an investing platform and make my first investment.

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Speaker 3: It was also the very classic time of Spaceship and Raise,

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Speaker 3: so I just started with downloading Spaceship, which was a

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Speaker 3: micro investing platform, and a lot of the advice that

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Speaker 3: I was hearing was, you know, just start through your

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Speaker 3: two cents in, through your hat in the ring, and

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Speaker 3: just see what it looks like to get used to

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Speaker 3: that feeling of your money, you know, going up and down.

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Speaker 2: Love love, And you've probably heard me on the podcast

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Speaker 2: because you said you've been here for a while. I

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Speaker 2: call Spaceship and Raise the gateway drug of investing because

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Speaker 2: it doesn't feel that scary, right like when they're micro

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Speaker 2: investing platforms and you're like, well, it's just a few cents,

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Speaker 2: like or it's just a couple of dollars. And Spaceship

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Speaker 2: and Rays still exist today and a lot of our

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Speaker 2: communities still use and love them. But as I said,

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Speaker 2: they're kind of the gateway. And given how much you

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Speaker 2: have invested, I can almost guarantee you're no longer with

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Speaker 2: Spaceship or Rays.

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Speaker 3: Is that right?

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Speaker 2: Yeah?

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Speaker 3: So I yea. Honestly, it feels like so long ago.

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Speaker 3: But I think I was with Spaceship for a few

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Speaker 3: maybe three to six months, and then pulled my money out,

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Speaker 3: decided I should, you know, actually take a leap, and

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Speaker 3: I made the first step onto using a real platform,

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Speaker 3: and I invested my first one thousand dollars in Pocket.

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Speaker 2: Comsex Pocket out very cool. And are you still with

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Speaker 2: Comsex Pocket?

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Speaker 3: Yes, So I have branched out into Comsex so CBA's

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Speaker 3: actual investing platform.

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Speaker 2: She's upgraded, Yeah, upgraded.

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Speaker 3: The Big Girl platform. I do still have Pocket just

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Speaker 3: because I actually haven't sold anything that I've purchased. I've

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Speaker 3: still got all my shares. So I thought, just to

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Speaker 3: save the effort and the tax and everything, I'm just

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Speaker 3: going to leave.

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Speaker 2: It totally, and that's not necessarily a bad thing. For

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Speaker 2: those of you are playing along at home or in

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Speaker 2: your car, you might be like, well, what's the difference.

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Speaker 2: Comsex Pocket is an app that's been released by Comsec

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Speaker 2: that has a short list of atfs that you can

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Speaker 2: choose from. So instead of being overwhelmed by going on

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Speaker 2: the Comsec app, which has literally everything that is listed

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Speaker 2: on the ASX for you, which is very sexy but

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Speaker 2: can be overwhelming, they have I believe it's like eight

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Speaker 2: to twelve. I can't remember the actual number. I personally

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Speaker 2: don't use that platform. Doesn't mean it's bad. It's a

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Speaker 2: good platform, but it only gives you access to like

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Speaker 2: eight to twelve ETFs and then you pick what's in

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Speaker 2: line with your values and when you are starting your journey,

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Speaker 2: that can be really helpful. The other thing I will

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Speaker 2: say is because they're owned by the same company, my friend,

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Speaker 2: you could shoot comsecond email and say, hey, I've got

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Speaker 2: comcept Pocket and comsept can you just migrate them to

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Speaker 2: the same platform so that you only have one and

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Speaker 2: they will do what is called an interspecies transfer, where

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Speaker 2: they will transfer from one platform to another because they

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Speaker 2: own it. They're not going to care. They're keeping you

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Speaker 2: as a client, and your concept shares will then show

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Speaker 2: up on your comset account, which might just be good

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Speaker 2: for admin.

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Speaker 3: I'm going to have to write that down. That's a

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Speaker 3: really good tip for when I do my admin.

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Speaker 2: Now, AE hundred percent, And like I mean, if not

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Speaker 2: bad to have it across too. Like I have shared before,

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Speaker 2: I have a number of different investing platforms. I have

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Speaker 2: like my main one, but like to keep up with

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Speaker 2: the community, I need to have like fifty bucks in everything.

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Speaker 2: I need to be able to log into everyone else's

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Speaker 2: accounts and be like, oh, well this is how peerler

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Speaker 2: works or this is how comsept works. So I guarantee

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Speaker 2: I've got money on every platform, which, come tax time

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Speaker 2: is the biggest nightmare and my account wants to kill me.

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Speaker 2: But like that way, I know what's going on. Tell

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Speaker 2: me a bit more. You've gone from, you know, having

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Speaker 2: spaceship and I feel like this perfectly stereotypical. She's on

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Speaker 2: the money investing journey from going spaceship to comsext pocket

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Speaker 2: to the big girl comsec app. Are you feeling confident

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Speaker 2: about investing now? Is that something that you hit the

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Speaker 2: market with or is that something that's growing over time.

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Speaker 3: I would say I feel confident in it now just

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Speaker 3: because and maybe I'll get to this bit later. But

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Speaker 3: my approach and my strategy for investing is very much

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Speaker 3: seta and forget. I don't dabble with anything that's too crazy.

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Speaker 3: I'm not very speculative. I've got you know, diversified my

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Speaker 3: VDHD diversified High Growth fund. I've got a few ETFs

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Speaker 3: in concept pocket, like I mentioned, so some of the

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Speaker 3: very classic, well known NDQFI and I feel like I've

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Speaker 3: done a fair few trades now, not for a while,

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Speaker 3: which I'll also get to, but I really feel like

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Speaker 3: I know what to do, I know what I'm buying,

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Speaker 3: and once you actually make your first trade, for example,

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Speaker 3: on one of the official platforms, it's really easy to

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Speaker 3: get the hangoff because you're just essentially putting an order

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Speaker 3: in placing the order, and then it's in your account

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Speaker 3: and you get to see that.

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Speaker 2: I a kind it the other day to a friend too.

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Speaker 2: If you can shop on the Iconic, you can buy

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Speaker 2: shares and like it sounds more complicated, but like the

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Speaker 2: process is same. You put the things that you want

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Speaker 2: in your cart and then you hit transact and then bam,

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Speaker 2: that's happening, and you kind of go. I don't know

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Speaker 2: about you, but I remember my first few trades when

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Speaker 2: I was a baby investor going about it. Oh oh,

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Speaker 2: and you kind of feel a little bit silly in

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Speaker 2: a good way.

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Speaker 3: Yeah, And it's I guess, like really interesting to hear

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Speaker 3: about how people had shares, you know, back in the

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Speaker 3: non digital age, where I think they actually had to

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Speaker 3: call up the bank and you know, get someone to

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Speaker 3: buy that for them on their behalf. Whereas now you

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Speaker 3: get to do that yourself, which is incredible.

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Speaker 2: Oh my gosh. It is genuinely so much more accessible.

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Speaker 2: I was trying to explain this to my nana the

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Speaker 2: other day, literally, and I was like, no, no, no,

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Speaker 2: you can just buy it online. And she's like, who's

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Speaker 2: your brokeup? And I was like, it's not a person,

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Speaker 2: it's a platform, and it's just a very cool place

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Speaker 2: to be in twenty twenty five when we can access

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Speaker 2: it for literally I know, no, Comsex Pocket isn't, as

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Speaker 2: I will say, as accessible, and I say that because

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Speaker 2: they have minimum investment amounts that you need to reach.

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Speaker 2: So I believe that if you want to transact on Comsex,

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Speaker 2: you need to have your first trade be a minimum

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Speaker 2: of one hundred dollars. And that's fine for some people

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Speaker 2: who are ready to take that plunge, but a lot

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Speaker 2: of people like, well I'm not ready, And you might

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Speaker 2: look at a sharesis where the literal minimum doesn't exist.

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Speaker 2: It could be one cent. So everyone is going to

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Speaker 2: have their different like pros and cons. And in my

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Speaker 2: investing masterclass, just to plug that really quickly. I literally,

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Speaker 2: and this is friend why I have so many share

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Speaker 2: trading accounts. I have done a video on basically all

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Speaker 2: the top platforms that exist of how to submit your

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Speaker 2: first trade. So I've done Shareess, I've done Comsec, I've

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Speaker 2: gone with peerl like all of them, and I'm like,

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Speaker 2: this is how to do it, and these are the minimums.

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Speaker 2: And like in the com Sec video, I remember recording

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Speaker 2: it and being like, but you're gonna have to do

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Speaker 2: a minimum of one hundred dollars because they won't let

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Speaker 2: you do less than that, and like just all of

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Speaker 2: that stuff that might make you feel more confident. Now

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Speaker 2: I want to get into more nedy gritty and ask you,

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Speaker 2: all right, well you mentioned you know VDHG and you

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Speaker 2: mentioned NDQ, like, I've got questions about what you own

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Speaker 2: and the exact amount in your portfolio. But we're going

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Speaker 2: to go to a really quick break because I'm going

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Speaker 2: to gate keep that information for right after that, so

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Speaker 2: guys don't go anywhere, all right, money diarists. So we

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Speaker 2: are back and it is time to get into the

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Speaker 2: nedy gritty. We know what you did for work, how

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Speaker 2: much money you were earning, why you were able to invest,

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Speaker 2: But now I need to know tell me how much

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Speaker 2: is your share portfolio worth?

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Speaker 3: Sure? So, like I mentioned in my intro, I haven't

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Speaker 3: invested for about two years, so since late twenty twenty three.

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Speaker 3: But when I looked earlier this year, just a few

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Speaker 3: months ago, I was really incredibly surprised that I'd reached

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Speaker 3: seventy five thousand.

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Speaker 2: Stop it, that's so good, thank you.

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Speaker 3: What's really cool is I just forgot, of course that

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Speaker 3: like two years is quite a long time, it was

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Speaker 3: going to grow and that's the magic of compounding interest.

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Speaker 3: So from when I first started investing, of course it

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Speaker 3: was COVID, there wasn't much to do. I was looking

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Speaker 3: at my share portfolio all the time, every day, every

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Speaker 3: few hours because you know, that's that fear of losing

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Speaker 3: money or see when you see it grow, you just

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Speaker 3: want to keep looking. So I had to really like

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Speaker 3: wean myself off that, and then it got to the

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Speaker 3: stage of not looking at all.

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Speaker 2: So tell me about this seventy five thousand. You stopped

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Speaker 2: investing in late twenty twenty three, and you said for

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Speaker 2: reasons i'll get into. Let's have a quick chat about

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Speaker 2: that side note, because I think this is a really

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Speaker 2: relatable piece of content where sometimes we have the funds

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Speaker 2: to invest, and then sometimes life happens and we are like, well,

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Speaker 2: I'd love to still invest, but I have these short

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Speaker 2: term goals I want to achieve. And some people will

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Speaker 2: ride into the show and be like they should I

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Speaker 2: be investing in my shares, or should I be buying

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Speaker 2: my first home, or I really want to get married

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Speaker 2: or whatever it is, And I feel like you've just

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Speaker 2: gone through that. So you put your shared trading journey

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Speaker 2: on hold in late twenty twenty three.

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Speaker 3: Why, Well, so at the time I had always been

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Speaker 3: saving for my first house deposit. I was buying that

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Speaker 3: with my partner now husband, and so I really just

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Speaker 3: wanted to save every bit of extra money I had

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Speaker 3: and put that. First of all was my house deposit,

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Speaker 3: saving a buffer for you know, all the costs that

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Speaker 3: come with the housing journey. And then also once we

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Speaker 3: had bought that place, which was also in late twenty

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Speaker 3: twenty three, I just wanted to keep my savings to

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Speaker 3: build up the offset and just in case there was

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Speaker 3: anything that needed to be fixed with the house or

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Speaker 3: any last minute fees strata.

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Speaker 2: I just wanted that buffer there.

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Speaker 3: So I stopped investing at the time. And I had

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Speaker 3: also started a job that was in a company where

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Speaker 3: I do get shares as well, so as part of

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Speaker 3: an employee share scheme, which makes up quite a large

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Speaker 3: chunk of my package. So I thought, I'm getting these

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Speaker 3: shares already, I had quite a good base in the market,

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Speaker 3: and I thought, let's just you know, take a bit

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Speaker 3: of a pause. And then I was also engaged at

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Speaker 3: that time, and I thought, you know, I'm going to

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Speaker 3: need to sort of start saving up for this wedding

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Speaker 3: now that the house has been or the apartment's been purchased.

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Speaker 3: So it was, yeah, just trying to prioritize, and I

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Speaker 3: had all these competing priorities, and unfortunately I had to

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Speaker 3: take a pause on my investing, and that.

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Speaker 2: Is so fine. Talk to me. You now have a husband,

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Speaker 2: which is really exciting. You purchased your first home with him.

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Speaker 2: What then happened? So have you guys? Do you both

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Speaker 2: of you invest? Is this a journey that you're both

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Speaker 2: on together? Is that a decision that you made independently? Like,

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Speaker 2: I'm just so pervy, I'm so sorry. Were you talking

404
00:18:51,280 --> 00:18:53,800
Speaker 2: about this to get Does he have shares? Are you

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Speaker 2: running rings around him?

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Speaker 1: Like?

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Speaker 2: Tell me? So interestingly?

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Speaker 3: He also has shares and we were both I think

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Speaker 3: being a man, he probably a generalization, but I feel

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Speaker 3: like he knew more about investing and maybe knew that

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Speaker 3: it was open to him in a way that I didn't.

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Speaker 2: So he just had confidence. He didn't know more than you.

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Speaker 2: He just had confidence. And when you are lacking confidence,

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Speaker 2: you've got to ask yourself one question, what would a mediocre,

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Speaker 2: middle aged white man do? And then you're going to

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Speaker 2: do that pretty much?

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Speaker 3: But yeah, So he was also investing around twenty twenty.

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Speaker 3: I think he had rais or acorns and I had

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Speaker 3: to play spaceship, so we had compare notes, and he

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Speaker 3: also was investing in similar but different things. So we

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Speaker 3: hold I believe both NDQ and FIE. He has made

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Speaker 3: more speculative and direct share purchases with you know, our

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Speaker 3: direct companies, and he is definitely taking a few punts

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Speaker 3: here and there. He has. Oh, he's more of a

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Speaker 3: risk take than I am, as I'm pretty risk averse

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Speaker 3: of my investing.

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Speaker 2: Okay, so tell me about performance, then your portfolios? Whose

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Speaker 2: performance is better?

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Speaker 3: Well, funnily enough, because I haven't sold anything, I've always

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Speaker 3: been buying the same shares. I don't actually hold that many.

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Speaker 3: I think I've got about less than ten direct and ets.

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Speaker 3: He had so many he had to go through a

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Speaker 3: journey of selling the ones that were underperforming. Then he

434
00:20:15,720 --> 00:20:18,320
Speaker 3: I think was rebalancing. So I actually would say my

435
00:20:18,400 --> 00:20:21,440
Speaker 3: portfolio is done better. But just because I've been very consistent.

436
00:20:22,000 --> 00:20:23,879
Speaker 2: Oh my god. So hold on. So you're saying that

437
00:20:24,040 --> 00:20:28,520
Speaker 2: consistency is the key. Not picking stocks that's so crazy.

438
00:20:29,320 --> 00:20:32,040
Speaker 3: Yes, And not trying to time the market either, that's

439
00:20:32,280 --> 00:20:34,280
Speaker 3: you know, it's a key learning And I feel like,

440
00:20:34,359 --> 00:20:36,679
Speaker 3: don't get me wrong, I'm sure your husband is incredibly smart,

441
00:20:36,720 --> 00:20:39,560
Speaker 3: and like it's also like, as somebody who worked in

442
00:20:39,640 --> 00:20:42,120
Speaker 3: the industry, it's fun, Like, don't get me wrong.

443
00:20:42,160 --> 00:20:44,200
Speaker 2: Not everyone is going to find this fun, but I

444
00:20:44,359 --> 00:20:46,399
Speaker 2: find this fun, and I know that a lot of

445
00:20:46,520 --> 00:20:48,200
Speaker 2: men are also like, well, it's kind of like a

446
00:20:48,240 --> 00:20:52,000
Speaker 2: speculative stock. It's a bit of fun. Like, it doesn't

447
00:20:52,040 --> 00:20:54,320
Speaker 2: mean it's better. Research tells us that women who are

448
00:20:54,480 --> 00:20:57,760
Speaker 2: just consistent are better investors than men overall, and that

449
00:20:58,119 --> 00:21:00,920
Speaker 2: is the perfect example of that. So we know now

450
00:21:01,080 --> 00:21:04,080
Speaker 2: that your share portfolio that you created yourself is worth

451
00:21:04,080 --> 00:21:07,320
Speaker 2: about seventy five five hundred dollars. And you said I

452
00:21:07,440 --> 00:21:11,280
Speaker 2: own VDHG, which is the Vanguard Diversified High Growth Fund,

453
00:21:11,400 --> 00:21:13,920
Speaker 2: which we spoke about on Brooks episode as well, both

454
00:21:13,920 --> 00:21:17,040
Speaker 2: brook and I own. That definitely not a recommendation, and

455
00:21:17,080 --> 00:21:19,560
Speaker 2: I feel like I need to caveat this before I

456
00:21:19,680 --> 00:21:22,320
Speaker 2: get into well what do you own? Not recommendations? We

457
00:21:22,400 --> 00:21:26,720
Speaker 2: are just being pervy on your portfolio. And VDHG is

458
00:21:26,800 --> 00:21:30,320
Speaker 2: actually one of the most popular ETFs in the country.

459
00:21:30,800 --> 00:21:33,160
Speaker 2: It's not because oh wow, Like I don't want someone

460
00:21:33,240 --> 00:21:35,120
Speaker 2: listening to this and be like, wow, actually I've heard

461
00:21:35,160 --> 00:21:36,760
Speaker 2: that like three times now, and she's on the money.

462
00:21:36,800 --> 00:21:39,639
Speaker 2: They must be onto something, Yeah, babe. The whole country

463
00:21:39,760 --> 00:21:42,840
Speaker 2: is like that's where most people end up going down

464
00:21:42,880 --> 00:21:46,200
Speaker 2: their rabbit hole and finding their way too, because Vanguard

465
00:21:46,280 --> 00:21:49,119
Speaker 2: is quite popular. Can you run me through what you

466
00:21:49,520 --> 00:21:52,560
Speaker 2: hold in your portfolio? Will put I feel like the

467
00:21:52,640 --> 00:21:56,240
Speaker 2: direct shares for your company off to the side because

468
00:21:56,240 --> 00:21:58,480
Speaker 2: it's not the same like she owns direct shares in

469
00:21:58,520 --> 00:22:01,760
Speaker 2: her company fantastic. We'll talk about that later. But in

470
00:22:01,880 --> 00:22:05,359
Speaker 2: your actual comseck account and comsect pocket account, what do

471
00:22:05,400 --> 00:22:06,600
Speaker 2: you own and why? Sure?

472
00:22:06,960 --> 00:22:11,480
Speaker 3: So, overall my strategy is very much core and satellite.

473
00:22:11,920 --> 00:22:14,960
Speaker 3: I would say VDHG is my core. I've got about

474
00:22:15,200 --> 00:22:18,800
Speaker 3: just under fifty percent of my whole portfolio is VDHG,

475
00:22:19,080 --> 00:22:22,600
Speaker 3: and eventually I would like that to have a larger proportion,

476
00:22:23,119 --> 00:22:26,640
Speaker 3: just because, like I said, I'm pretty pretty basic, pretty stable.

477
00:22:26,760 --> 00:22:29,000
Speaker 3: I like consistency, and I like to just know the

478
00:22:29,080 --> 00:22:32,120
Speaker 3: diversification is already taken care of for me one hundred percent.

479
00:22:32,320 --> 00:22:36,440
Speaker 3: So I own two direct shares. I've got Bendigo Bendigobank

480
00:22:36,840 --> 00:22:42,119
Speaker 3: Wes Farmers, and I've got one lic which is afik Oh.

481
00:22:42,119 --> 00:22:44,480
Speaker 3: I just have to go look up the full name

482
00:22:44,600 --> 00:22:50,280
Speaker 3: of I believe. So my direct shares are about seventeen percent,

483
00:22:50,840 --> 00:22:53,040
Speaker 3: So yeah, less than twenty percent, and I'll probably keep

484
00:22:53,080 --> 00:22:56,720
Speaker 3: it that way as my portfolio grows. Just because Wes

485
00:22:56,840 --> 00:23:00,399
Speaker 3: Farmers has amazingly been my best performing share, this is

486
00:23:00,440 --> 00:23:02,920
Speaker 3: pretty crazy. I've had ninety three percent growth on that.

487
00:23:03,240 --> 00:23:04,880
Speaker 3: I must have just gotten out a really good time.

488
00:23:05,680 --> 00:23:06,760
Speaker 2: When did you purchase that?

489
00:23:07,040 --> 00:23:08,920
Speaker 3: Oh, I think it might have been twenty twenty two,

490
00:23:09,560 --> 00:23:12,200
Speaker 3: And yeah, it's just grown really well. I also have

491
00:23:12,720 --> 00:23:17,119
Speaker 3: NDQ and FI, which I've mentioned IHG oh IXJ. Sorry

492
00:23:17,400 --> 00:23:20,520
Speaker 3: those three are in pocket and as well because I

493
00:23:20,600 --> 00:23:23,399
Speaker 3: haven't invested for a little while and the tech market

494
00:23:23,440 --> 00:23:27,800
Speaker 3: has grown amazingly, I had eighty five point four seven

495
00:23:27,840 --> 00:23:28,919
Speaker 3: percent growth in NDQ.

496
00:23:29,400 --> 00:23:32,840
Speaker 2: Yeah, amazing. So those of you playing along at home,

497
00:23:33,280 --> 00:23:37,280
Speaker 2: NDQ is the beta shares NASDAQ one hundred ETF, which

498
00:23:37,359 --> 00:23:40,919
Speaker 2: is going to give so NASDAK is the American version

499
00:23:41,000 --> 00:23:44,159
Speaker 2: of the AX, and that means that she's getting, you know,

500
00:23:44,240 --> 00:23:48,720
Speaker 2: some international exposure, you could say. And then you said

501
00:23:48,760 --> 00:23:52,600
Speaker 2: before that you have IXJ. So IXJ is the I

502
00:23:52,760 --> 00:23:56,320
Speaker 2: shares Global Healthcare in the Australian currency, which means you're

503
00:23:56,359 --> 00:23:59,720
Speaker 2: able to purchase it on the ASEX, but it's actually

504
00:23:59,760 --> 00:24:03,040
Speaker 2: an into national ETF, which is very cool. And then

505
00:24:03,160 --> 00:24:05,760
Speaker 2: you also mentioned that you have AFI which is the

506
00:24:05,800 --> 00:24:09,560
Speaker 2: Australian Foundation Investment Company. Now all of those are fine,

507
00:24:09,600 --> 00:24:11,880
Speaker 2: those are available on and it's not even me giving

508
00:24:11,920 --> 00:24:14,840
Speaker 2: you permission. They're just like basic ETFs that you're able

509
00:24:14,880 --> 00:24:17,640
Speaker 2: to buy on comsext Pocket. But what I'm really interested

510
00:24:17,720 --> 00:24:20,640
Speaker 2: in is the two direct shares that you own. One

511
00:24:20,760 --> 00:24:23,240
Speaker 2: because you had ninety three percent growth in West Farmers.

512
00:24:23,359 --> 00:24:26,239
Speaker 2: Let's start there. Why did you buy West Farmers? Why

513
00:24:26,320 --> 00:24:28,359
Speaker 2: did you go? I want a direct share, especially because

514
00:24:28,359 --> 00:24:32,200
Speaker 2: your journey started with Spaceship, then comsext Pocket, which doesn't

515
00:24:32,240 --> 00:24:34,040
Speaker 2: allow you to have direct shares, and then you would

516
00:24:34,080 --> 00:24:37,680
Speaker 2: have graduated to comsec where you had access to direct shares.

517
00:24:37,760 --> 00:24:38,560
Speaker 2: Why West Farmers.

518
00:24:38,800 --> 00:24:41,679
Speaker 3: So when I was really deep into my investing journey

519
00:24:41,680 --> 00:24:43,920
Speaker 3: and I was learning and everything, I thought, maybe I

520
00:24:43,960 --> 00:24:47,040
Speaker 3: should branch out from ETF and actually, you know, put

521
00:24:47,040 --> 00:24:49,120
Speaker 3: my money where my mouth is, buy a few blue

522
00:24:49,200 --> 00:24:51,480
Speaker 3: chip companies that I think have a lot of potential.

523
00:24:52,040 --> 00:24:55,080
Speaker 3: And of course in Australia I always get West Farmers,

524
00:24:55,160 --> 00:24:57,760
Speaker 3: Woollies and Coals confused. But West Farmers I believe owns.

525
00:24:57,840 --> 00:24:59,879
Speaker 3: Bunnings came up and I think it did use to

526
00:25:00,080 --> 00:25:01,840
Speaker 3: own one of the supermarket chains.

527
00:25:01,920 --> 00:25:04,000
Speaker 2: It did and it now doesn't. Oh it doesn't, but

528
00:25:04,080 --> 00:25:06,960
Speaker 2: it used to be affiliated with Calls, which is why

529
00:25:07,119 --> 00:25:10,840
Speaker 2: they all have the flybys and access to one pass,

530
00:25:10,840 --> 00:25:13,080
Speaker 2: because they're kind of all in affiliation with each other.

531
00:25:13,400 --> 00:25:15,879
Speaker 2: But West Farmers no longer own Calls. Calls Is are

532
00:25:16,119 --> 00:25:19,679
Speaker 2: out on its own. But inside West Farmers you have Target,

533
00:25:19,760 --> 00:25:22,200
Speaker 2: you have came Out, you have Bunnings, You've got office Works,

534
00:25:22,400 --> 00:25:24,119
Speaker 2: there's a whole heap of other stuff, and then a

535
00:25:24,200 --> 00:25:26,960
Speaker 2: pharmacy brand as well. Now that's right.

536
00:25:27,080 --> 00:25:29,639
Speaker 3: So when I was doing research, I was in a

537
00:25:29,680 --> 00:25:32,399
Speaker 3: few Facebook groups, I was in a few Reddit chats,

538
00:25:32,680 --> 00:25:35,800
Speaker 3: Reddit subredits, and I think it is really great to

539
00:25:35,840 --> 00:25:38,520
Speaker 3: have those blue chip companies that you can't imagine ever

540
00:25:38,640 --> 00:25:40,960
Speaker 3: really being in a downturn. You know, we know that

541
00:25:41,080 --> 00:25:44,080
Speaker 3: OSSI's love Bunnings. I love Bunnings, and so I just

542
00:25:44,160 --> 00:25:46,760
Speaker 3: think it is a very stable company, you know, as

543
00:25:46,800 --> 00:25:49,480
Speaker 3: part of a wider collection. So I was very happy

544
00:25:49,520 --> 00:25:51,480
Speaker 3: with my Groce and West Farmers, and it was a

545
00:25:51,520 --> 00:25:54,080
Speaker 3: few It came really came from recommendations from other people

546
00:25:54,280 --> 00:25:56,760
Speaker 3: that I did research on. I checked the share price

547
00:25:56,800 --> 00:25:59,200
Speaker 3: as well, and I thought let's put a bit of

548
00:25:59,240 --> 00:26:02,240
Speaker 3: money in and now it's grown amazingly and I actually

549
00:26:02,240 --> 00:26:03,040
Speaker 3: wish I had put more in.

550
00:26:03,640 --> 00:26:05,920
Speaker 2: I love that. The thing that I love about this

551
00:26:06,119 --> 00:26:09,280
Speaker 2: part of our conversation is it's kind of what I

552
00:26:09,359 --> 00:26:11,560
Speaker 2: was hoping to get to. Like, you purchased a direct

553
00:26:11,600 --> 00:26:14,919
Speaker 2: share because it directly aligned to your values. You were like, actually,

554
00:26:15,000 --> 00:26:17,520
Speaker 2: I've purchased this direction not because like a mate was like, oh,

555
00:26:17,560 --> 00:26:20,119
Speaker 2: it's just Becky Stock or whatever. You were like, actually,

556
00:26:20,680 --> 00:26:23,199
Speaker 2: I can see value in West Farmers because I can

557
00:26:23,280 --> 00:26:25,960
Speaker 2: see that those are consumables that we're always going to need.

558
00:26:26,280 --> 00:26:28,840
Speaker 2: And I think the conversation, especially and I was on Reddit.

559
00:26:28,920 --> 00:26:31,480
Speaker 2: I've been on Reddit for years is the sick reality

560
00:26:31,560 --> 00:26:34,520
Speaker 2: of my life. But I'm always reading Ozzie Finance, and

561
00:26:34,640 --> 00:26:36,880
Speaker 2: during COVID, I think a lot of people were having

562
00:26:36,920 --> 00:26:39,359
Speaker 2: that conversation about if you were on Reddit as well

563
00:26:39,680 --> 00:26:42,440
Speaker 2: the toilet paper. They were like, it's a consumable. Like

564
00:26:42,640 --> 00:26:45,520
Speaker 2: Reddit was going crazy talking about like companies that are

565
00:26:45,560 --> 00:26:47,560
Speaker 2: thriving at the moment, you should be investing in them.

566
00:26:47,680 --> 00:26:50,160
Speaker 2: And clearly you took note of that. But then also,

567
00:26:50,480 --> 00:26:52,879
Speaker 2: it's not just I read something online and invested. You

568
00:26:52,960 --> 00:26:54,840
Speaker 2: were like, I read something online, I thought about it

569
00:26:54,920 --> 00:26:56,760
Speaker 2: and I can see the value here and it's still

570
00:26:56,800 --> 00:27:00,720
Speaker 2: in my portfolio because you're buying hold strategies working. Tell

571
00:27:00,760 --> 00:27:03,000
Speaker 2: me about Bendigo Bank. Why Bendigo Bank.

572
00:27:03,240 --> 00:27:06,480
Speaker 3: So Bendigo I've seen about forty three percent growth, which

573
00:27:06,520 --> 00:27:09,639
Speaker 3: is not bad. Again, I didn't actually invest a huge amount,

574
00:27:09,680 --> 00:27:11,920
Speaker 3: and right now it's only sitting in about three point

575
00:27:12,000 --> 00:27:15,240
Speaker 3: six thousand dollars. I always, again, back in my research,

576
00:27:15,600 --> 00:27:18,879
Speaker 3: I really wanted to own some of the banks, just

577
00:27:19,160 --> 00:27:21,320
Speaker 3: to dabble be in that space, in that blue chip

578
00:27:21,400 --> 00:27:24,680
Speaker 3: as well. And I always remember that Macquarie was very expensive.

579
00:27:24,680 --> 00:27:26,720
Speaker 3: I just think it looked expensive. I thought maybe it

580
00:27:26,800 --> 00:27:30,199
Speaker 3: was overvalued at the time. Again doing a bit of research,

581
00:27:30,520 --> 00:27:34,680
Speaker 3: listening to other people's recommendations, and I think Bendigo, I'm

582
00:27:34,720 --> 00:27:37,280
Speaker 3: a little bit dusty on my knowledge, but it's maybe

583
00:27:37,480 --> 00:27:40,280
Speaker 3: the fifth biggest bank or it is so. At the

584
00:27:40,320 --> 00:27:43,080
Speaker 3: time of investing in Bendigo, I was actually a customer

585
00:27:43,119 --> 00:27:45,080
Speaker 3: of UP Bank, which I really really liked. And this

586
00:27:45,400 --> 00:27:47,160
Speaker 3: was at the time when I had all my savers

587
00:27:47,200 --> 00:27:49,879
Speaker 3: and I was creating my health deposit, and I loved

588
00:27:50,000 --> 00:27:52,200
Speaker 3: UP and everything they stood for, and so I thought,

589
00:27:52,400 --> 00:27:56,280
Speaker 3: let's invest in Bendigo, invest in the parent, yeah, which

590
00:27:56,320 --> 00:27:57,159
Speaker 3: would be Association.

591
00:27:57,400 --> 00:27:59,760
Speaker 2: Yeah. Absolutely, And that's why I wanted to know, because

592
00:27:59,760 --> 00:28:02,120
Speaker 2: I was like, are you just picking these random two stocks?

593
00:28:02,359 --> 00:28:06,000
Speaker 2: They seem oddly specific. I would love to know more. Now,

594
00:28:06,080 --> 00:28:09,480
Speaker 2: your West Farmer's direct Chairs have returned you ninety three percent,

595
00:28:09,640 --> 00:28:13,840
Speaker 2: which is fantastic and very exciting. Definitely the outlier. But

596
00:28:14,040 --> 00:28:16,440
Speaker 2: have you got anything else that you're like, oh my gosh,

597
00:28:16,600 --> 00:28:19,560
Speaker 2: that had incredible returns. I didn't see it coming, Like,

598
00:28:19,800 --> 00:28:21,080
Speaker 2: what's been your best performers?

599
00:28:21,280 --> 00:28:24,000
Speaker 3: So honestly, yeah, West Farmers, which was at ninety three percent.

600
00:28:24,240 --> 00:28:26,480
Speaker 3: I am looking right now and it's down to eighty nine,

601
00:28:26,560 --> 00:28:29,160
Speaker 3: so I'm sure there's a bit of variability, and as

602
00:28:29,240 --> 00:28:32,800
Speaker 3: well as NDQ, which I mentioned earlier, is at the

603
00:28:32,880 --> 00:28:37,440
Speaker 3: eighty three percent, And really, I have had great returns overall.

604
00:28:37,840 --> 00:28:40,320
Speaker 3: Something I didn't say and I wanted to show, actually

605
00:28:40,400 --> 00:28:42,840
Speaker 3: the value and the power of compound investing is that

606
00:28:43,320 --> 00:28:46,080
Speaker 3: my current portfolio is at seventy five and a half

607
00:28:46,160 --> 00:28:50,240
Speaker 3: thousand dollars and I've invested fifty five thousand of that.

608
00:28:50,800 --> 00:28:53,680
Speaker 3: So the growth that I've seen across my whole portfolio

609
00:28:54,400 --> 00:28:58,240
Speaker 3: is thirty six percent, and that's about twenty k So.

610
00:28:58,400 --> 00:29:01,320
Speaker 3: I was really really impressed me not having investors for

611
00:29:01,400 --> 00:29:03,160
Speaker 3: two years, which I think is incredible.

612
00:29:03,320 --> 00:29:05,680
Speaker 2: That's very sexy. I'm not going to lie. That is

613
00:29:05,880 --> 00:29:08,360
Speaker 2: very sexy. It's one of those things where you know,

614
00:29:08,480 --> 00:29:10,760
Speaker 2: we zoom out and we talk about the average performance

615
00:29:10,800 --> 00:29:13,600
Speaker 2: of the Australian share market and over time that sits

616
00:29:13,600 --> 00:29:16,360
Speaker 2: anywhere between nine and eleven percent, depending on what period

617
00:29:16,440 --> 00:29:18,840
Speaker 2: of time you're looking at, and we all expect that,

618
00:29:19,000 --> 00:29:20,760
Speaker 2: but then we have these stories and we can't guarantee

619
00:29:20,800 --> 00:29:23,880
Speaker 2: that you'll get the same returns, especially because you kind

620
00:29:23,880 --> 00:29:26,320
Speaker 2: of had the benefit of investing at a time when

621
00:29:26,360 --> 00:29:28,120
Speaker 2: lots of people were pulling their money out, So that's

622
00:29:28,160 --> 00:29:30,840
Speaker 2: going to play into it. Sorry, thirty six percent return

623
00:29:31,080 --> 00:29:34,360
Speaker 2: is elite. Is there anything in your portfolio that you

624
00:29:34,440 --> 00:29:37,120
Speaker 2: look at and be like, excuse me, you're not performing

625
00:29:37,320 --> 00:29:37,760
Speaker 2: very well.

626
00:29:38,160 --> 00:29:41,000
Speaker 3: So I think this was one of my rogue ideas.

627
00:29:41,080 --> 00:29:44,240
Speaker 3: And I was listening to podcasts and I suppose Victoria

628
00:29:44,320 --> 00:29:46,880
Speaker 3: you can talk more about this. But I remember hearing

629
00:29:46,960 --> 00:29:50,280
Speaker 3: that lic So listed investment companies. I think they are

630
00:29:50,400 --> 00:29:53,080
Speaker 3: are quite good, and I thought, why not, you know,

631
00:29:53,200 --> 00:29:55,400
Speaker 3: invest in one. I did a bit of research into

632
00:29:55,560 --> 00:29:58,800
Speaker 3: the company that is Afi, and I think their Australian owned.

633
00:29:58,840 --> 00:30:01,520
Speaker 3: They had a really cool history, and I thought, why not.

634
00:30:01,680 --> 00:30:04,800
Speaker 3: But it's not terrible. It's just held its value, which

635
00:30:04,840 --> 00:30:08,080
Speaker 3: is maybe the point of it. So I'm currently down

636
00:30:08,320 --> 00:30:11,600
Speaker 3: one point three nine percent and it's just flooding along

637
00:30:11,760 --> 00:30:12,920
Speaker 3: and maybe that's the point.

638
00:30:13,560 --> 00:30:15,160
Speaker 2: And do you know what, I think we've all got

639
00:30:15,240 --> 00:30:17,320
Speaker 2: something in our portfolio that we look at and go

640
00:30:18,240 --> 00:30:20,440
Speaker 2: I really thought that would perform and it wasn't. But that,

641
00:30:20,600 --> 00:30:22,920
Speaker 2: my friend, is why we diversified. Because if you had

642
00:30:23,080 --> 00:30:25,440
Speaker 2: just purchased that and I got you on the show,

643
00:30:25,520 --> 00:30:28,640
Speaker 2: you'd be like investing sucks, Like investing is not fun.

644
00:30:28,800 --> 00:30:32,440
Speaker 2: But because you've diversified, we can't pick the good performers

645
00:30:32,560 --> 00:30:34,280
Speaker 2: like you would not have been able to say, do

646
00:30:34,320 --> 00:30:36,080
Speaker 2: you know what Wes Fumers is going to return the

647
00:30:36,160 --> 00:30:37,720
Speaker 2: ninety three percent? Because do you know what you would

648
00:30:37,760 --> 00:30:41,000
Speaker 2: have done? Put your entire life savings into it? Because

649
00:30:41,040 --> 00:30:44,000
Speaker 2: I would have and I'm not a betting woman. Do

650
00:30:44,080 --> 00:30:46,720
Speaker 2: you have any other investing regrets or big learnings from

651
00:30:46,760 --> 00:30:47,240
Speaker 2: this journey?

652
00:30:47,320 --> 00:30:50,000
Speaker 3: I wouldn't say regrets so much as just a lot

653
00:30:50,080 --> 00:30:52,680
Speaker 3: of learnings. So when I was reflecting, and you know

654
00:30:53,040 --> 00:30:55,760
Speaker 3: about to speak on this podcast. I thought my story

655
00:30:55,960 --> 00:30:59,440
Speaker 3: isn't amazing. I haven't a gained the system. I want

656
00:30:59,480 --> 00:31:03,440
Speaker 3: to say that I am very I'm honest, but I'm

657
00:31:03,520 --> 00:31:07,120
Speaker 3: also like it just shows really the power of compound interest.

658
00:31:07,560 --> 00:31:10,400
Speaker 3: Investing can be very like certain figure and that's the

659
00:31:10,440 --> 00:31:13,080
Speaker 3: approach I like to take. I don't call myself an

660
00:31:13,120 --> 00:31:16,480
Speaker 3: amazing investor, but I really just listen to the recommendations

661
00:31:16,480 --> 00:31:18,280
Speaker 3: of a lot of trusted people out there who know

662
00:31:18,400 --> 00:31:22,920
Speaker 3: their stuff, and I tried my hand at something, and yeah,

663
00:31:23,000 --> 00:31:26,200
Speaker 3: I've just followed the advice out there technically, Like I

664
00:31:26,320 --> 00:31:28,800
Speaker 3: don't think of investing as gambling or I know some

665
00:31:28,840 --> 00:31:30,880
Speaker 3: people have that out there, and I think that's when

666
00:31:30,920 --> 00:31:33,080
Speaker 3: you choose the riskier stocks, or you've got all your

667
00:31:33,120 --> 00:31:37,000
Speaker 3: money in crypto or direct companies like you were saying, Victoria.

668
00:31:37,480 --> 00:31:38,880
Speaker 3: But I think when you put your money in a

669
00:31:38,960 --> 00:31:41,720
Speaker 3: few trusted companies that you know are going to grow

670
00:31:41,840 --> 00:31:44,520
Speaker 3: because or it is an ETF which is so broad

671
00:31:44,560 --> 00:31:48,520
Speaker 3: and diversified. I think this just shows that investing it

672
00:31:48,600 --> 00:31:51,600
Speaker 3: really should just be seen as an everyday asset and

673
00:31:51,640 --> 00:31:54,560
Speaker 3: an everyday tool for a lot of young people out there.

674
00:31:54,720 --> 00:31:57,200
Speaker 2: Yeah, and I love it and that's obviously. I don't know.

675
00:31:57,240 --> 00:31:59,240
Speaker 2: I feel like I've dedicated my life at this point

676
00:31:59,320 --> 00:32:01,920
Speaker 2: to yelling people to start investing because I'm like, you

677
00:32:02,000 --> 00:32:04,240
Speaker 2: want to get rich, you can get rich. You want

678
00:32:04,280 --> 00:32:06,800
Speaker 2: to be financially free. I want you to be financially free.

679
00:32:07,160 --> 00:32:10,920
Speaker 2: Like I love this, especially because I'm like, it's so accessible.

680
00:32:11,040 --> 00:32:13,480
Speaker 2: Like we're not talking about rich people getting richer. We're

681
00:32:13,520 --> 00:32:16,760
Speaker 2: talking about a twenty five year old who once decided

682
00:32:16,840 --> 00:32:18,680
Speaker 2: she was going to invest and now has a seventy

683
00:32:18,720 --> 00:32:21,200
Speaker 2: five thousand dollars portfolio. And by the time you retire,

684
00:32:21,680 --> 00:32:24,000
Speaker 2: you're going to be so comfortable, Like it just makes

685
00:32:24,040 --> 00:32:28,240
Speaker 2: me so excited. Now I want to know. Obviously, I'm

686
00:32:28,240 --> 00:32:31,960
Speaker 2: making some grand assumptions here. Your portfolio. You said you

687
00:32:32,040 --> 00:32:35,040
Speaker 2: contributed fifty five thousand dollars and it's now at seventy

688
00:32:35,120 --> 00:32:37,920
Speaker 2: five five hundred dollars ish right. To get to that,

689
00:32:38,160 --> 00:32:41,600
Speaker 2: you would have had to experience compounding interest, which means

690
00:32:41,680 --> 00:32:45,000
Speaker 2: you have reinvested the dividends that your portfolio is creating

691
00:32:45,080 --> 00:32:47,720
Speaker 2: back into your share portfolio. Is that correct?

692
00:32:48,120 --> 00:32:51,920
Speaker 3: So I'm a little guilty of all the dividends I've

693
00:32:51,920 --> 00:32:54,520
Speaker 3: received over the last two years. I've just been saving

694
00:32:54,600 --> 00:32:58,040
Speaker 3: in my investment save up that's against my offset, and

695
00:32:58,400 --> 00:33:00,520
Speaker 3: maybe in a few months time, what very s, I'll

696
00:33:00,560 --> 00:33:03,960
Speaker 3: pick one of my existing ETFs or shares. I believe

697
00:33:04,000 --> 00:33:06,120
Speaker 3: I'm just going to put a chunk of money into

698
00:33:06,200 --> 00:33:09,480
Speaker 3: VDHD and that'll be my investing for the year. So

699
00:33:09,960 --> 00:33:12,520
Speaker 3: I suppose at the moment what I do is just

700
00:33:12,800 --> 00:33:15,520
Speaker 3: save my dividends at a time when I'm ready to invest.

701
00:33:16,080 --> 00:33:19,160
Speaker 3: And like you said, Victoria, conflict does have a fee

702
00:33:19,240 --> 00:33:21,080
Speaker 3: and has that minimum, so I want to make sure

703
00:33:21,080 --> 00:33:24,160
Speaker 3: I'm investing on a good amount. I don't do dollar

704
00:33:24,200 --> 00:33:27,640
Speaker 3: cost averaging just because I I don't know. I just

705
00:33:27,680 --> 00:33:29,880
Speaker 3: prefer to invest in a lump sum so I can

706
00:33:30,000 --> 00:33:32,320
Speaker 3: sort of track it against my other goals like I mentioned.

707
00:33:32,560 --> 00:33:36,200
Speaker 2: And yes, that gives me anxiety because I'm such a

708
00:33:36,280 --> 00:33:39,160
Speaker 2: dollar cost averaging girly. And it's just because you can't

709
00:33:39,160 --> 00:33:41,400
Speaker 2: time the market and you told me that before. Like

710
00:33:41,560 --> 00:33:43,800
Speaker 2: you told me before, you can't time the market, and

711
00:33:43,840 --> 00:33:45,720
Speaker 2: I would hate for you to make a really big

712
00:33:45,800 --> 00:33:49,200
Speaker 2: lump sum investment and then like the week after the

713
00:33:49,360 --> 00:33:53,200
Speaker 2: market crashes or something happens. Can you maybe like I'd

714
00:33:53,240 --> 00:33:55,160
Speaker 2: never give you advice, but maybe once you have your

715
00:33:55,200 --> 00:33:56,960
Speaker 2: figure and you're like, I'm going to invest, Like, let's

716
00:33:56,960 --> 00:34:00,920
Speaker 2: pretend it's thirteen thousand dollars or so instead of just

717
00:34:01,000 --> 00:34:02,960
Speaker 2: dumping that in at one time, could you break that

718
00:34:03,120 --> 00:34:05,720
Speaker 2: up for me maybe into like going, I'm still going

719
00:34:05,760 --> 00:34:07,640
Speaker 2: to do the thirteen, but I'll do it over three months,

720
00:34:07,920 --> 00:34:10,319
Speaker 2: like so that you get one month, two month, three months,

721
00:34:10,360 --> 00:34:12,840
Speaker 2: and then maybe your dollar cost averaging that way instead

722
00:34:12,840 --> 00:34:15,560
Speaker 2: of just like jumping a heap of cash into the market.

723
00:34:15,760 --> 00:34:17,480
Speaker 2: Because you're the one that told me that timing the

724
00:34:17,560 --> 00:34:18,880
Speaker 2: market that's not a strategy.

725
00:34:19,120 --> 00:34:21,800
Speaker 3: Yes, so i'd be that's actually a really good approach.

726
00:34:21,840 --> 00:34:23,320
Speaker 3: And I need to get back on the horse, so

727
00:34:23,440 --> 00:34:26,040
Speaker 3: to speak, and you know, get back in the investing mindset,

728
00:34:26,120 --> 00:34:28,800
Speaker 3: so maybe I will. It is a big call. I

729
00:34:28,920 --> 00:34:30,719
Speaker 3: definitely need to set up some of my you know,

730
00:34:30,800 --> 00:34:33,239
Speaker 3: the share price alerts when you can see how it's going.

731
00:34:33,520 --> 00:34:35,760
Speaker 3: I haven't been keeping an eye on it, like I mentioned,

732
00:34:35,960 --> 00:34:38,480
Speaker 3: set and forget. But yes, I like your idea. I

733
00:34:38,600 --> 00:34:38,880
Speaker 3: get it.

734
00:34:38,960 --> 00:34:41,320
Speaker 2: I'm just a girl. I was born to do investing.

735
00:34:41,440 --> 00:34:43,080
Speaker 2: So when you say, oh this, I'm like, oh, you

736
00:34:43,280 --> 00:34:46,120
Speaker 2: told me that that wasn't a good idea, So I

737
00:34:46,320 --> 00:34:48,120
Speaker 2: was wrong. When I said, I thought that you were

738
00:34:48,160 --> 00:34:51,560
Speaker 2: really investing your dividends. Your fifty five thousand dollars, your

739
00:34:51,600 --> 00:34:54,200
Speaker 2: dividends have been going into one account. And this basically

740
00:34:54,280 --> 00:34:56,160
Speaker 2: twenty thousand dollars that you've made in the market has

741
00:34:56,239 --> 00:34:59,000
Speaker 2: just been from increases in values of your shares as

742
00:34:59,040 --> 00:35:01,040
Speaker 2: opposed to re investing along the way.

743
00:35:01,400 --> 00:35:04,640
Speaker 3: Yeah, I was three interesting at the beginning, but my

744
00:35:04,840 --> 00:35:07,840
Speaker 3: dividends really increased over the last like two to three years.

745
00:35:08,080 --> 00:35:10,440
Speaker 3: The last two years it's been about twenty five hundred

746
00:35:10,440 --> 00:35:13,680
Speaker 3: of dividends, And yes, I am just sucking that away,

747
00:35:14,080 --> 00:35:16,000
Speaker 3: but I don't intend to spend it. I really do

748
00:35:16,160 --> 00:35:18,279
Speaker 3: want to intend to invest it back in Oh And.

749
00:35:18,360 --> 00:35:20,440
Speaker 2: That's fine, But do you know what that tells me?

750
00:35:20,800 --> 00:35:24,600
Speaker 2: This portfolio is all growth. It's not even compound interest

751
00:35:24,680 --> 00:35:27,600
Speaker 2: that's got you here, because compounding interest is the money

752
00:35:27,640 --> 00:35:30,680
Speaker 2: that your money makes when it's made money. But you're

753
00:35:30,800 --> 00:35:32,640
Speaker 2: just taking that money off the table and setting it

754
00:35:32,719 --> 00:35:36,520
Speaker 2: over to the side, which is fine, but that's impressive.

755
00:35:36,800 --> 00:35:39,040
Speaker 2: So you're telling me if you had implemented a dividend

756
00:35:39,120 --> 00:35:42,359
Speaker 2: reinvestment plan, which by the way, through COMSEP, you can

757
00:35:42,480 --> 00:35:44,320
Speaker 2: you go and tick the box and it will automatically

758
00:35:44,400 --> 00:35:47,920
Speaker 2: reinvest your dividends, which maybe you're interested in, especially if

759
00:35:47,920 --> 00:35:51,200
Speaker 2: you're like, well, if BDHG is getting dividends, maybe I

760
00:35:51,280 --> 00:35:54,439
Speaker 2: want them to go straight back into VDHG. You could

761
00:35:54,480 --> 00:35:56,719
Speaker 2: automate that. And I'm not saying you need to do that,

762
00:35:56,800 --> 00:35:58,879
Speaker 2: but that might be something you're interested in, because then

763
00:35:58,960 --> 00:36:02,400
Speaker 2: you'll be harnessing even more compounding interest power instead of

764
00:36:02,480 --> 00:36:05,399
Speaker 2: having the compound interest that you're being paid put into

765
00:36:05,480 --> 00:36:07,960
Speaker 2: a savings account for you to then invest later. If

766
00:36:08,040 --> 00:36:10,160
Speaker 2: that makes any sense, Yeah, it does.

767
00:36:10,320 --> 00:36:12,680
Speaker 3: Actually, I think that's a really good learning because in

768
00:36:12,800 --> 00:36:15,160
Speaker 3: my mind, I really conflate like the growth that I'm

769
00:36:15,200 --> 00:36:16,800
Speaker 3: seeing as compound interest.

770
00:36:17,080 --> 00:36:20,239
Speaker 2: No, it's literally value increasing the shares that you own,

771
00:36:20,760 --> 00:36:23,360
Speaker 2: which is also very sexy, and I love that for you.

772
00:36:23,480 --> 00:36:25,200
Speaker 2: But I'm like, go, we could be making more money

773
00:36:25,239 --> 00:36:26,719
Speaker 2: here and you don't even have to invest a dollar

774
00:36:26,800 --> 00:36:28,759
Speaker 2: more like it's all the money that your money's making

775
00:36:28,880 --> 00:36:29,680
Speaker 2: just making more money.

776
00:36:29,960 --> 00:36:32,560
Speaker 3: Yeah, that's a really good approach. I definitely I'm excited

777
00:36:32,680 --> 00:36:35,400
Speaker 3: listening to Brooks investing diary. I really got me excited

778
00:36:35,480 --> 00:36:37,960
Speaker 3: because she is so passionate and she has such a

779
00:36:38,040 --> 00:36:41,640
Speaker 3: goal in mind. I in my submission, I said, I

780
00:36:41,800 --> 00:36:44,319
Speaker 3: originally had this goal of having one hundred K by

781
00:36:44,400 --> 00:36:47,120
Speaker 3: age thirty, which has the goal has passed me by

782
00:36:47,480 --> 00:36:48,239
Speaker 3: I haven't reached it.

783
00:36:48,400 --> 00:36:50,279
Speaker 2: Sorry, you've bought a house as well. You know, we

784
00:36:50,480 --> 00:36:54,239
Speaker 2: cannot dismiss that. Sorry, by thirty you had purchased a home,

785
00:36:54,320 --> 00:36:57,120
Speaker 2: you had paid for a wedding, and you had invested

786
00:36:57,160 --> 00:37:00,879
Speaker 2: fifty five thousand dollars. Sit down, that's incredible. Yeah.

787
00:37:00,960 --> 00:37:03,279
Speaker 3: I think when you see it like that, it just

788
00:37:03,520 --> 00:37:05,680
Speaker 3: I guess it goes to show that five years is

789
00:37:05,719 --> 00:37:08,279
Speaker 3: a huge amount of time. A lot can obviously happen

790
00:37:08,360 --> 00:37:10,960
Speaker 3: in five years, but also your money can grow so

791
00:37:11,080 --> 00:37:13,120
Speaker 3: much or you can do so much. And I think

792
00:37:13,280 --> 00:37:16,640
Speaker 3: at the time of investing, I didn't appreciate just how

793
00:37:16,800 --> 00:37:19,799
Speaker 3: long five years is in the grand scheme of your money.

794
00:37:20,000 --> 00:37:22,320
Speaker 2: Yeah. Absolutely, And that's why it's a journey, right, Like

795
00:37:22,680 --> 00:37:25,720
Speaker 2: you're always learning new things. Yes, you invested during COVID,

796
00:37:26,080 --> 00:37:27,799
Speaker 2: but it's not a set and forget things. So as

797
00:37:27,880 --> 00:37:30,480
Speaker 2: much as you're investing, portfolio can be. I feel like

798
00:37:30,520 --> 00:37:33,520
Speaker 2: we're always learning new tidbits and things that we could implement,

799
00:37:33,680 --> 00:37:35,879
Speaker 2: or like you might get another interest, Like one day

800
00:37:35,920 --> 00:37:38,279
Speaker 2: you might be like, oh, I'm really interested in Transurban,

801
00:37:38,440 --> 00:37:40,360
Speaker 2: Like you know, that's a company that I might go

802
00:37:40,440 --> 00:37:42,560
Speaker 2: and purchase some shares in. And you know, now you've

803
00:37:42,600 --> 00:37:45,160
Speaker 2: got a little kitty to the side essentially that you're like,

804
00:37:45,320 --> 00:37:48,960
Speaker 2: I'm investing maybe instead of investing it all in BDHG,

805
00:37:49,120 --> 00:37:51,480
Speaker 2: You've found another interest that you're like, I want to

806
00:37:51,640 --> 00:37:53,680
Speaker 2: make sure that And as you said before, I want

807
00:37:53,719 --> 00:37:57,880
Speaker 2: most of my portfolio in VDHG. That's your journey. But

808
00:37:58,160 --> 00:38:00,799
Speaker 2: you did say you're a core satellite girly, so maybe

809
00:38:00,880 --> 00:38:03,719
Speaker 2: you've got a few more satellites that just keep things sparkly.

810
00:38:04,400 --> 00:38:06,759
Speaker 2: Like I think we've got to stay engaged as well

811
00:38:06,840 --> 00:38:09,520
Speaker 2: as still investing for the long term, we've got to

812
00:38:09,560 --> 00:38:10,759
Speaker 2: be excited about it as well.

813
00:38:11,000 --> 00:38:13,719
Speaker 3: Yeah, and there are some amazing Aussi companies out there

814
00:38:13,760 --> 00:38:16,680
Speaker 3: that are doing really cool things. And I think as well,

815
00:38:16,719 --> 00:38:19,880
Speaker 3: it can be overwhelming because on hot Cover all those websites,

816
00:38:19,960 --> 00:38:24,520
Speaker 3: definitely Reddit, people have so many bets and speculative choices,

817
00:38:25,080 --> 00:38:27,279
Speaker 3: and I think, yeah, I wouldn't mind doing that, but

818
00:38:27,360 --> 00:38:30,640
Speaker 3: I also think I'd like to just learn a lot more.

819
00:38:30,800 --> 00:38:32,759
Speaker 3: Like you said, there's always so much to learn, and

820
00:38:32,960 --> 00:38:34,040
Speaker 3: you never stopped.

821
00:38:33,719 --> 00:38:35,360
Speaker 2: And I feel like you've got to take everything that

822
00:38:35,440 --> 00:38:37,000
Speaker 2: you read on the Internet with a grain of salt,

823
00:38:37,120 --> 00:38:40,280
Speaker 2: especially if you're going to be reading forums like Reddit.

824
00:38:40,480 --> 00:38:43,200
Speaker 2: Do not get me wrong, those people are wildly passionate,

825
00:38:43,440 --> 00:38:45,000
Speaker 2: but that does not mean that they know what they

826
00:38:45,080 --> 00:38:47,360
Speaker 2: talk about. It turns out you can be passionate and

827
00:38:47,560 --> 00:38:48,799
Speaker 2: wrong at the same time.

828
00:38:49,320 --> 00:38:52,680
Speaker 3: Yes, and also there's a lot of I definitely remember

829
00:38:52,760 --> 00:38:54,520
Speaker 3: back in the day, there's a lot of people who

830
00:38:54,600 --> 00:38:58,120
Speaker 3: are like, I'm making one hundred K returns and yeah,

831
00:38:58,200 --> 00:38:59,080
Speaker 3: you can't believe everyone.

832
00:39:00,200 --> 00:39:02,960
Speaker 2: And also you're making one hundred k returns and then

833
00:39:03,040 --> 00:39:05,279
Speaker 2: you find out they've invested a million dollars and you're like,

834
00:39:05,640 --> 00:39:09,239
Speaker 2: that's actually terrible return. There's some semantics that aren't here.

835
00:39:09,360 --> 00:39:12,000
Speaker 2: Or they're like, oh, the revenue on that business is

836
00:39:12,120 --> 00:39:15,719
Speaker 2: massive and you go, yes, but their profit is dismal. Yeah,

837
00:39:15,800 --> 00:39:17,920
Speaker 2: there's just I feel like there's a lot of semantics,

838
00:39:17,960 --> 00:39:19,680
Speaker 2: and you do need to take everything with a grain

839
00:39:19,760 --> 00:39:22,400
Speaker 2: of salt. I'm running out of time with you, so

840
00:39:22,480 --> 00:39:24,960
Speaker 2: I do want to ask two more questions before the

841
00:39:25,160 --> 00:39:27,480
Speaker 2: end to keep it very shees on the money esque,

842
00:39:27,760 --> 00:39:29,920
Speaker 2: what do you think is your best investing habit?

843
00:39:30,080 --> 00:39:32,000
Speaker 3: I think as I sort of alluded to when I

844
00:39:32,120 --> 00:39:34,680
Speaker 3: first started speaking, but I had to do a lot

845
00:39:34,680 --> 00:39:39,239
Speaker 3: of like relearning my mindset, retraining, and understanding what the

846
00:39:39,360 --> 00:39:41,640
Speaker 3: value of a dollar is worth. So I think in

847
00:39:41,719 --> 00:39:43,799
Speaker 3: the last five years, I've really become a lot more

848
00:39:43,880 --> 00:39:47,800
Speaker 3: minimalist in my spending and consumption habits. So back in

849
00:39:48,160 --> 00:39:50,520
Speaker 3: pre COVID, I was spending a lot of money on

850
00:39:50,800 --> 00:39:55,399
Speaker 3: just fast fashion, random clothes, random nickknacks that I didn't

851
00:39:55,400 --> 00:39:58,560
Speaker 3: really need or didn't have any value for me, including

852
00:39:59,000 --> 00:40:02,040
Speaker 3: big nights out and things that I wasn't sure and

853
00:40:02,239 --> 00:40:03,960
Speaker 3: you know the next day that I actually really valued.

854
00:40:04,040 --> 00:40:06,879
Speaker 3: So and that's I guess where the investing comes into it, too,

855
00:40:07,080 --> 00:40:10,760
Speaker 3: because I would definitely much rather have this money working

856
00:40:10,840 --> 00:40:13,879
Speaker 3: for me in certain ways than just having a room

857
00:40:13,920 --> 00:40:16,640
Speaker 3: full of stuff that I don't really need or value totally.

858
00:40:17,000 --> 00:40:21,080
Speaker 2: I resonate with that one so much. Like my wardrobe

859
00:40:21,160 --> 00:40:23,280
Speaker 2: is nice because I spent a lot on it prior

860
00:40:23,600 --> 00:40:24,360
Speaker 2: to COVID.

861
00:40:24,880 --> 00:40:28,759
Speaker 3: Yeah, Like, yeah, I just think it's quite important to think, like,

862
00:40:28,880 --> 00:40:31,600
Speaker 3: obviously your lifestyle is important and making sure you're spending

863
00:40:31,640 --> 00:40:33,640
Speaker 3: on the things that you value, which is something I'm

864
00:40:33,680 --> 00:40:36,239
Speaker 3: really happy to say that I currently do now. I

865
00:40:36,320 --> 00:40:38,240
Speaker 3: always think I need to be thinking of my future

866
00:40:38,280 --> 00:40:40,960
Speaker 3: self and so bared me in the future. I want

867
00:40:41,000 --> 00:40:42,640
Speaker 3: to get out of my life and that's where I

868
00:40:42,680 --> 00:40:45,960
Speaker 3: believe my investing will come in handy, because I'm setting

869
00:40:46,080 --> 00:40:47,520
Speaker 3: up and I'm thinking of future.

870
00:40:47,239 --> 00:40:50,880
Speaker 2: Me yet totally or to flip that, I want to know,

871
00:40:51,000 --> 00:40:53,880
Speaker 2: what do you think is your worst investing all money habit?

872
00:40:54,400 --> 00:40:58,759
Speaker 3: It's a good question. I think sometimes it is hard

873
00:40:59,040 --> 00:41:02,439
Speaker 3: to I guess separate, like I know brooks Ortter spoke

874
00:41:02,520 --> 00:41:04,520
Speaker 3: to this too, because she's really being in fire. But

875
00:41:04,640 --> 00:41:08,040
Speaker 3: it's like you have to enjoy aspects of life too,

876
00:41:08,400 --> 00:41:09,759
Speaker 3: And sometimes I think I do have a bit of

877
00:41:09,800 --> 00:41:12,360
Speaker 3: a scarcity mindset and it's hard to, you know, go

878
00:41:12,520 --> 00:41:14,759
Speaker 3: with the most expensive option if I know there is

879
00:41:14,880 --> 00:41:17,640
Speaker 3: a slightly cheaper option, you know, try to weigh up

880
00:41:17,760 --> 00:41:22,000
Speaker 3: that balance. And I guess my worst investing habit is that, Yes,

881
00:41:22,520 --> 00:41:26,520
Speaker 3: I haven't stayed engaged with it and time has passed

882
00:41:26,560 --> 00:41:28,879
Speaker 3: me by, but I'm ready. I'm really excited to sort

883
00:41:28,880 --> 00:41:31,359
Speaker 3: of start again and see where it goes.

884
00:41:31,640 --> 00:41:34,239
Speaker 2: I am genuinely so excited for you, and just even

885
00:41:34,280 --> 00:41:36,400
Speaker 2: this conversation, I could see your face when you're like,

886
00:41:36,719 --> 00:41:39,200
Speaker 2: hold on, you're right, I could be doing dividend reinvesting.

887
00:41:39,280 --> 00:41:41,400
Speaker 2: I was like watching the way that you're looking at me,

888
00:41:41,440 --> 00:41:43,480
Speaker 2: because I'm also like, am I saying the wrong thing?

889
00:41:43,600 --> 00:41:45,840
Speaker 2: Like maybe this isn't in line when her values? But

890
00:41:45,920 --> 00:41:47,759
Speaker 2: I could see you kind of lighting up a little

891
00:41:47,800 --> 00:41:49,839
Speaker 2: bit to be like, hmm, maybe I should be doing

892
00:41:49,880 --> 00:41:53,279
Speaker 2: this or hmm, that seems interesting. So I love it.

893
00:41:53,400 --> 00:41:55,520
Speaker 2: Thank you so much for letting me be so pervy

894
00:41:55,600 --> 00:41:58,560
Speaker 2: on your portfolio. It's one of my favorite things to do.

895
00:41:58,880 --> 00:42:01,879
Speaker 2: Like We've released race a whole series on Instagram called

896
00:42:01,960 --> 00:42:05,359
Speaker 2: Pervy Paycheck and Pervy Portfolio where we break it down,

897
00:42:05,400 --> 00:42:06,920
Speaker 2: but now we're bringing it to the pod, and I

898
00:42:07,000 --> 00:42:09,520
Speaker 2: couldn't be more excited. So thank you for being our

899
00:42:09,680 --> 00:42:14,080
Speaker 2: very first anonymous investing diary. It has been an absolute pleasure.

900
00:42:14,360 --> 00:42:16,120
Speaker 2: I just know the community is going to be obsessed

901
00:42:16,200 --> 00:42:17,279
Speaker 2: with this, so thank you.

902
00:42:17,560 --> 00:42:19,880
Speaker 3: Thank you so much for having me. I'm really happy

903
00:42:19,880 --> 00:42:21,719
Speaker 3: I got to come on and share. And if I

904
00:42:21,800 --> 00:42:25,040
Speaker 3: could leave people with one thing, it's just that investing

905
00:42:25,160 --> 00:42:27,720
Speaker 3: doesn't have to be hard. It can be really simple,

906
00:42:27,920 --> 00:42:30,920
Speaker 3: really straightforward, and I think we should all have a

907
00:42:30,960 --> 00:42:33,319
Speaker 3: lot more confident and trust in ourselves to try our

908
00:42:33,400 --> 00:42:35,800
Speaker 3: hand this and get amazing results.

909
00:42:35,880 --> 00:42:38,239
Speaker 2: I'm obsessed with you. I love you, thank you so much.

910
00:42:38,360 --> 00:42:40,200
Speaker 2: That is so true. Please come and hype up my

911
00:42:40,280 --> 00:42:43,799
Speaker 2: community at every possible episode like I couldn't agree more.

912
00:42:43,960 --> 00:42:45,400
Speaker 2: I love this, Thank you, thank you.

913
00:42:51,920 --> 00:42:54,520
Speaker 4: The advice shared on She's on the Money is generally

914
00:42:54,680 --> 00:42:58,440
Speaker 4: nature and does not consider your individual circumstances. She's on

915
00:42:58,520 --> 00:43:01,920
Speaker 4: the Money exists purely for educational purposes and should not

916
00:43:02,080 --> 00:43:05,040
Speaker 4: be relied upon to make an investment or financial decision.

917
00:43:05,440 --> 00:43:07,879
Speaker 4: If you do choose to buy a financial product, read

918
00:43:07,920 --> 00:43:11,160
Speaker 4: the PDS TMD and obtain appropriate financial.

919
00:43:10,840 --> 00:43:12,560
Speaker 2: Advice tailored towards your needs.

920
00:43:13,000 --> 00:43:16,880
Speaker 4: Victoria Divine and She's on the Money are authorized representatives

921
00:43:17,000 --> 00:43:20,640
Speaker 4: of Money Sherper Pty Ltd a BN three two one

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00:43:20,880 --> 00:43:24,759
Speaker 4: six four nine two seven seven zero eight AFSL four

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00:43:24,840 --> 00:43:26,319
Speaker 4: five one two eight nine