Victoria & Brooke’s Investing Watch List: The Shares, ETFs and Trends They're Tracking

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
My name is Tatasha Bamblet. I'm a proud First Nations
woman and I'm here to acknowledge country t Glenn Young
Ganya Niana, Kaka yah Ya bin Ahaka Nian our gay
In Nimbina, yakarum jar Dominyama, Domaghawakaman, damon Imlan Bumba bang
Gadabomba in and now in wakah ghana on yakarrum jar Watnadaa. Hello,

(00:22):
beautiful friends, we gather on the lands of the Aboriginal people.
We thank acknowledge and respect the Abiginal people's land that
we're gathering on today. Take pleasure in all the land
and respect all that you see. She's on the Money
podcast acknowledges culture, country, community and connections, bringing you the tools,
knowledge and resources for you to thrive.

Speaker 2 (00:44):
She's on the Money. She's on the Money.

Speaker 3 (01:07):
Hello and welcome to She's on the Money, the podcast
that's here to show you that investing isn't just for
the rich, it is for you too. I'm your host,
Victoria Devine, and recently one of our very own team
members gave us a little peek into her investing diary. Yes,
she makes our Tiktoks builds our courses and is responsible
for the chaotic memes that you see on our feed.

(01:28):
But plot twist, she's actually a very seriously impressive investor.
You loved that episode and our dms blew up for more,
so I flew her over back from Perth, and because
I'm all about giving our community exactly what they want,
Brook is back today, and this time we're getting Pervy
on the shares and ETFs on her watch list.

Speaker 2 (01:49):
So Brook, welcome back to the show. Hello divers.

Speaker 3 (01:53):
I'm very excited about this. We're also going out for
dinner after.

Speaker 2 (01:57):
This, so you no, I've actually re looked at the menu,
have you like.

Speaker 3 (02:00):
Picked everything that you want? It was how I got
her to come from Perth to Milt.

Speaker 4 (02:06):
I mean the correct time zone. I got up at
five am. We're here, but it's worth it.

Speaker 2 (02:10):
I love it all.

Speaker 3 (02:10):
Right, Before we dive into this, I feel like we
need to be like responsible human beings, and just like
the last episode you and I did, we probably need
to do a little bit of a disclaimer. So past
performance is not a reliable indicator of future performance, and
the advice that is being given isn't actually advice. We're
just two girls having a yap. Like guys, I'm a

(02:32):
retired financial advisor, not a current financial advisor, so everything
that I say and do has to be taken with
a grain of salt. We are sharing information that is
available at the time of recording, like something could happen
tomorrow and we drop this episode and you go, well,
that share price isn't accurate.

Speaker 2 (02:50):
Yes, so please don't take what.

Speaker 3 (02:52):
We're saying as gospel, because as we know, in the
world of investing, things can change literally overnight, and I
think that it is a very important thing that we
kind of stay on top of that. So these are
just like our personal thoughts and feelings. And Brook might
say her favorite color is blue, but you go, well,
my favorite colors red, and that doesn't really matter. We
just having a chat, right, Lucky you're wearing red today.

Speaker 2 (03:12):
Though I know, and I have blue nails at all,
so everything is matchy matchy.

Speaker 3 (03:16):
Before we jump in and get started, I need to
know how do you personally like to research? Because I
feel like this is the number one question, or not
the number one, but one of the number one questions
we get. People are like me, you say, do your
research the heck does that mean? How do you keep
up with the share market?

Speaker 4 (03:31):
I think for me, I pretty much only invest in
things that I'm interested in. So the things that I
care about it a pretty much oil, your crude oil
is number one.

Speaker 2 (03:39):
What do you mean I love fuel?

Speaker 4 (03:42):
No, Like, if things don't interest me, I'm not going
to research them, Like if it's boring, why would anyone
research it? So it's more so just looking at industries
I'm really interested in. So say it's the tech sector. Well,
I'm following the news and the tech sector, and if
I hear a company mention a couple of times, I
might go then search it and see how it shares
and performed for the last five years. Obviously, past performance
isn't on an indicator of future performance, but sometimes it

(04:02):
can tell you a lot about Oh well, if they've
grown x amount in five years.

Speaker 3 (04:06):
And it's been sustainable, yeah, and what are they doing?

Speaker 4 (04:09):
And then you can look in you can read up
about those companies. You can do a little google on tiktoks,
even one's talking about them.

Speaker 2 (04:15):
Read the reports.

Speaker 4 (04:17):
Because people are really interested in so many random things,
so someone else besides you is definitely interested.

Speaker 2 (04:22):
So if you searched up.

Speaker 4 (04:23):
There's probably someone that's made a video about it, and
you can just watch, learn a bit, and then learn
a little bit more exactly.

Speaker 3 (04:28):
And I think obviously don't take tiktoks as gospel, But
I don't know about you, Brook. I find that TikTok
seems to be my number one search engine. Yes, I
want a new vacuum call. I'm looking it up on
TikTok first to see what other people think, and like
you want to see a video, yeah, exactly, like the
amount of robot vacuum videos that I have watched recently
of krange that and duck videos. But what does it

(04:50):
take for something to go from like you being oh,
I'm kind of interested in that. I'm looking it up
on TikTok, I'm looking it up on line, I'm googling it.
I'm reading their reports to actually going you know, I'm
going to put some money where my mouth is. I
want to make an actual investment.

Speaker 2 (05:03):
How do you do that? Yeah? So, well, I guess
it depends.

Speaker 4 (05:06):
Like I'm sure we'll do another episode on my Core
Versse satellite, but it's a different approach for both. So
if I'm looking at like an ETF. I feel less
concerned about researching it really, really, really heavily because it's
quite low risk. Whereas if I'm looking at a direct share,
I'm researching at heaps and then I'll pop it on
my watch list, and I pretty much will never buy
something within twenty four hours of putting on my watch list.

(05:27):
I'll put on my watch list always apply. Yeah, the
shopping was applied to investing, for sure, and it's going
to be things that I'm actually interested in. So say
it's like a random shop. Let's say looking at Bunnings.
If I'm interested in Bunnings, I had Bunning to my
watch list.

Speaker 2 (05:40):
You wouldn't you dyed? West Farmers?

Speaker 4 (05:42):
Yeah, well I don't know what. Yeah, perfect, So say
I add West Farmers my watch list. I'll wait a
couple of months. I'll go back and check, and if
the stock price has gone up a little bit and
their annual reports are still looking good, their price to
earnings ratio is good, I might go, Okay, maybe this
is something I'm interested in. Put a little bit of
money in. I would never dump heaps of money in.
Put a little bit of money, test the water, and
then go okay. I feel comfortable, everything looks good and

(06:05):
continue on.

Speaker 3 (06:06):
Yeah, And I feel like that's my strategy as well.
And I think a lot of people historically when I've
talked about that, go but it's increased in price, brook
do you still want it? It's kind of like I'm
actually happy to buy in at a slightly higher price
if I feel like it's still going to be sustainable,
Like I don't want to go back in time and
then realize I made a terrible investment because I was

(06:26):
getting foumo and I just wanted to put my money
where my mouth was at SAP. So I think it's
an important thing to not I guess get worried about
increasing share prices. Just the right time to invest is
the right time for you, not the right time for you,
And you can't time the market.

Speaker 4 (06:41):
So I'd rather get in now when it's maybe a
dollar more than it was last week, but then in
ten weeks it might be ten dollars more. So I
should be happy that I got in when I got in. Yeah,
and we're yeah, we're going time in.

Speaker 3 (06:51):
I'm chasing the longest those or the highest highs, like
we just girls happy with that beverage exactly all right,
should we start maybe talking about our eat. Yes, When
you add an ETF to your watch list, what are
you actually looking for?

Speaker 5 (07:06):
Like?

Speaker 3 (07:07):
Are we looking at distribution of different companies? Are you
looking at a particular sector because that's interesting to you?

Speaker 1 (07:13):
Like?

Speaker 3 (07:13):
Are you just looking for a top two hundred? I
feel like there's so many different ETFs yep.

Speaker 4 (07:18):
I think for ETFs is definitely the two different realms
you can go down, which is like the index fund
side of things, you know, the average of everything, or
a thematic ETF. And in recent times most of my
core portfolio is like index ETFs and managed funds. But
in recent times I've been dabbling a lot more in
thematic ETFs because there's so many different sectors that obviously

(07:39):
are in those other ETFs, but they're they're really interesting
to me, and I think they're growing really rapidly.

Speaker 3 (07:44):
Track a lot of people are going to be like, girl,
we've only just started to dabble in ETFs. What the
hell is a thematic ATF. Thematic ETF That sounds scary, yep.
So thematic ETF.

Speaker 4 (07:54):
So let's go with for example, what my first one
would be that's on my watch list is the crypto
innovation is ETF. So it's an ETF entirely around the
crypto industry, but it is not it's not big coin,
it's none of those is companies that are building infrastructure
for that. So platforms that you would buy crypto on
that would be in a thematic ETF for crypto, like

(08:16):
different infrastructures surrounding that topic. So then you might go
get like a beauty ETF and it's all beauty companies
or like search engineering, like there is an ETF for everything,
So that really.

Speaker 3 (08:27):
Just means yeah, niche small two hundred. It's a like
industry specific ETF.

Speaker 4 (08:35):
Like if you were going to go for like a
fruit salad ETF, it would just have fruits and it's
going to have no vegetables. Like that's what a thematic
ETF is. It's just those small things specific. Yeah, tick
those boxes and they're yeah, typically made by a bunch
of different companies like Beta shares do some vandguard do
some I shareses, so your hat companies do them. And
there is a thematic ETF for everything, and.

Speaker 3 (08:57):
I think that that's where and you know not to
try and sell thematic ETFs, but you might go Oh, well,
I want to ETF and I've maybe gone and bought
like the high growth Banguard Top two hundred whatever ADHD. Yeah,
and we are excited about that. But then you're like,
but I want to be really specific, maybe I should
hold tech. And then you get a little bit confused,
and you're like, maybe I should like go and like

(09:19):
do some research into tech companies. Maybe if you're an
ETF girlie like we kind of are, we're not doing
specific research into the individual companies we could research. We're
doing research into a thematic ETF where you kind of go,
all right, so I know that I'm interested in tech,
and I think that that's going to be good for
my portfolio, good for my personal interests. I'm going to

(09:41):
get a professional who's picked literally everyone's their full time job, yep,
every tech company in that so I can say I've
got exposure to tech. That's what I wanted, that's what
I'm interested in. But the person who's picked all of
those individual companies, we.

Speaker 4 (09:54):
Really knows what they're doing, yep. And it diversifies your
risk as well. So say you're investing in one tech company,
your risk for that company is one hundred percent you've
got one. So if it fluctuates, if it goes down, okay,
well all your portfolio is going down. But if you've
got your investing in a tech ETF that's got twenty
companies in it, your risk per share is five percent.

(10:14):
So it's those five companies. If one goes down or
the other, nineteen might be up, you don't know. So
like it kind of helps you without diversifying as well.
So if you're a bit scared to do direct shares,
it's like, okay, well you can just still pick a
thematic ETF and it's kind of like a direct share,
just with a little bit less risk, but also it's
still quite risky.

Speaker 3 (10:33):
Yeah, And I feel like in twenty twenty five, with
the changing nature of technology social media, I used to
pick so back when I was giving financial advice, I
used to have basically all of my clients that had
an investment portfolio with me owned direct shares, and we
would hold between eight and maybe twelve direct shares.

Speaker 2 (10:54):
We would diversify in that.

Speaker 3 (10:56):
But I feel like now because it moves even more
radically personally, I've moved away from that. So my old
investing portfolio used to be I think eleven different shares,
and then I started picking up an ETF, and I
mean that was my first investment, but it kind of
went to the wayside when I thought I knew better.
And then now I would say ninety percent of my

(11:18):
portfolio is just different ETFs. I've got one specific ETF
that takes up fifty percent of my portfolio because I go, sorry, yep,
I trust this thangard high growth.

Speaker 2 (11:28):
Love you like you're just making me feel safe.

Speaker 4 (11:30):
Like you're middle aligns with your goals and you don't.
It's like a it's not low risk, but it's like
you really trust what's in there. Yeah, so you can
put it in there and not have to stress as much.

Speaker 3 (11:40):
And like, my investing goals are long term. I'm not
here to try and find the next unicorn that shoots
the lights out and makes me really rich because the
probability of that happening is incredibly low.

Speaker 4 (11:53):
Gambling like that, you're looking for that tiny little lotto ticket,
but you're not going to get that.

Speaker 2 (11:58):
So with ETF, it's low and slow and that's that's
what we're doing.

Speaker 3 (12:01):
So I asked you to come with a list of
your ETFs and shares that are on your watch list,
and I want you to tell me that, what's the
first cab off the It was.

Speaker 4 (12:09):
Mentioned in my investing dough because it's my best performing ETF,
but I thought I would bring it back because it's
a good coals want to know about it, and I
mentioned it before, which is the Beta Shares Crypto Innovatus
ETFE with the ticket code CRYP if you want to
give it a Google. It offers exposure to global companies
building the crypto ecosystem, including coinbased right platforms, and micro strategy.

Speaker 2 (12:31):
So it's not it's big, it's crypto.

Speaker 3 (12:35):
No, it's the frameworks that are supporting cryptocurrency development.

Speaker 4 (12:40):
Which I think is why I chose it, because obviously crypto'
is so risky and I consider crypto a bit of gambling.

Speaker 2 (12:46):
I'm sure you do too, And I really wanted to
exposure to that industry.

Speaker 4 (12:50):
But I don't want to go buy bitcoin because I
don't really alive to my investing goals.

Speaker 2 (12:54):
But if that industry is going to boom, all the things.

Speaker 4 (12:57):
Are around that of it, yea, all that, all the
things around these, I'm gonna do well. So that's why
my watch list I have been buying it for a
little while and it's up pretty good. So I've kept
on my watch list, and every time I'm like, okay, well,
I know it's going to crash because there's a very
like niche thematic ETF, I'm like, oh, I probably shouldn't
trust it.

Speaker 2 (13:15):
It keeps going up, and I think, gosh, maybe I
am a financial advisor, so I mean.

Speaker 3 (13:20):
It doesn't take much Like look where I've come from.

Speaker 4 (13:24):
I know if you can do, anyone can. The ETF, though,
is incredibly high risk.

Speaker 3 (13:28):
So that is always to one where everybody's kind of going, oh,
I'm a really interested in that, but like, sorry, we're
really pervy about individuals investing journeys. Have you got one
that's maybe a little bit more low risk on your
watch list that we could dive into.

Speaker 2 (13:42):
The next one I have is Global x Fang.

Speaker 4 (13:45):
It's a Global Xfang plus the Tiger Coade is FANNG.

Speaker 2 (13:50):
I own this.

Speaker 4 (13:50):
It tracks an equal weighted index of ten global tech giants,
including Apple, Meta, Amazon, Microsoft, Navidia, and Tesla.

Speaker 3 (13:57):
So I picked this because I wanted to the international
market and I didn't want a top two hundred.

Speaker 4 (14:03):
Yeah, I think with like obviously being Australian we have
ETFs in the ASX two hundred and things like that.
But I don't really like index investing in America because
I don't really know those American companies that don't really
care about them, like the lower ones on the big dogs,
but I want the big dogs.

Speaker 2 (14:19):
So having an ETF like this is good because you're
still really popular in our community. For this reason, you
get still get that.

Speaker 4 (14:26):
Exposure to those top companies that we know and use.
Like all those companies on the list we all know,
we either use or we've all been in a Tesla
in on an uber, which we hated.

Speaker 2 (14:35):
Because we hate electric cars. But it gives you exposure.

Speaker 4 (14:38):
In twenty twenty four, the index returned over fifty percent,
outperforming the broader S and P five hundred, So those
ten companies outperformed by fifty percent.

Speaker 2 (14:47):
So that's pretty good.

Speaker 3 (14:49):
And if you break down, like me being a bit nerdy,
if you break down any of the top two hundred ETFs,
so like we always talk about diversifying your risk, and
if you purchase a top two hundred or a top
one hundred, or even a top five hundred, right, you're
getting exposure to all of those two hundred companies, but
most of the performance is actually driven by usually the

(15:10):
top TWENTYEP so you'll see that they're blowing the lights out.
But the thing is, you can't pick one hundred companies
and then I sit down with you and go, all right, brook,
let's pick who's going to perform.

Speaker 2 (15:21):
Well, you don't know. You don't know. I wish I
had like a magic crystal ball and could tell you
because I'd be so rich. I know, actually i'd be
so rich. Should you just pick companies that you know?

Speaker 4 (15:31):
Like, I know those companies, I kind of believe in
what they're doing, so I can put my money where
my mouth is and invest in something like that.

Speaker 3 (15:38):
Yeah, So what's its performance look like more long term?
Obviously recently it's done really well, but we're always saying, look,
that's really sexy, but we need to zoom out chat
a little bit.

Speaker 2 (15:49):
What's this like five year performance?

Speaker 4 (15:51):
So in five years it's up get this one hundred
and fifty eight percent.

Speaker 3 (15:55):
I knew that because that's what minds me looking pretty good.

Speaker 2 (15:59):
I'm not mad about that. Call me an investor.

Speaker 4 (16:01):
So I haven't purchased this yet because I have so
many eating like I accidentally have too much overlap. Yeah,
I'm sure we'll get into that in another episode about
what you do if you have overlap. But I have
too much overlap in this sector. So I haven't invested
in this yet. But year to date it's up four
point six two percent, so it's not doing that well.
But that means that there's still time for me to
jump in because it's not a bad No, it's not

(16:23):
bad because we're looking for the average over long term.

Speaker 2 (16:26):
And also I think it's important as well.

Speaker 3 (16:28):
These companies pay dividends, and they pay pretty consistent dividends,
which is another reason why I am quite interested in
this because as much as performance is really good, and
I think that we've really focused on that for this
part of the episode, we haven't really talked about you know,
dividend yield yet, but something that I'm looking at when
I am investing is like, yeah, I want to see

(16:48):
good performance over time. I want them to see I
want to see consistent growth, but I also want to
get paid. Like I don't care about dividends, see, I do,
because then I reinvest in. Like my my plan is
any money that my investment portfolio makes. I have one
hundred percent dividend reinvestment plan on and I don't pull

(17:08):
it out. And for me, I go, well, that's kind
of it's secretly building in the background and me, like
for Fang, for example, I know I want to continue
to own that. But when I put my little packet
of my investment money into my investment platform on a
monthly basis, that doesn't actually go to Fang.

Speaker 2 (17:28):
Oh you're a monthly investor. I'm a monthly investor. That's
very interesting, do you know why?

Speaker 3 (17:34):
And like I think a lot of people would assume, oh,
Victoria must invest like on a weekly.

Speaker 2 (17:38):
I thought you would do a weekly.

Speaker 3 (17:39):
I don't do weekly because I sometimes don't know what
my income can be. So like I, yeah, this is
like this is like the pervy stuff that I don't
think anyone in our business knows about how I get paid.

Speaker 2 (17:51):
And do you know what, it's not a silver in
personal finances. But that's not like it's not a secret.
No one's just asked.

Speaker 3 (17:57):
But the way that my income works is I pay
myself of like a really base minimum wage, like I
can cover my bills, I can cover my stuff, like
my husband and I have a budget. And then depending
on what's happening that month in our business, like whether
we've you know, for example, invested a whole heap in
marketing or branding or you know, and we don't do
these things that often, but like or we've hired someone new,

(18:19):
or we've you know, gone on a big work trip overseas.

Speaker 4 (18:23):
Manifesting everyone in iNeST with me, we're going at a
big work trip overseas.

Speaker 2 (18:26):
Sorry, I believe that you already have. I got a
presentation tonight.

Speaker 3 (18:30):
Okay. Whenever the girls like side note, whenever the girls
want to go to like, uh, you know, a conference,
a conference or something which in our industry, because we're
in podcasting and in finance, it's really niche. Like there
are many conferences in Australia that are like, oh conference
for finance content creators, like they have to go overseas,
And I say, sorry, if you really want.

Speaker 2 (18:50):
To go to that, you shall make a pay pay
for it. But I want a presentation. What am I
getting out of you?

Speaker 1 (18:55):
Wait?

Speaker 2 (18:55):
Do you say it is a delight? I'll share it
with the internet.

Speaker 3 (18:58):
But when we talk about these things, that means that
I go, oh, well, I don't really want to personally
add any financial burden to my business by taking out
some money and because I only know that twelve times.

Speaker 2 (19:12):
Singer back in the business. Yes, and that's actually my polarity.

Speaker 3 (19:15):
So my priority is actually reinvesting in the business and
having that growth as opposed to my personal investment platform.

Speaker 2 (19:22):
So I only invest on a monthly basis.

Speaker 3 (19:24):
In some months, I can be like, oh, my god,
I did really well, Like maybe I've done like an
extra six speaking events, like we've you know, done a
whole heap of advertising on the podcast, and we've launched
a new course.

Speaker 2 (19:36):
I might go, Okay, well i'll take you've got more budgets,
We'll take.

Speaker 3 (19:39):
Five grand this month, because like I really want to
like obviously still be self sustaining, so something for me
or something that I get quite anxious about. Complete side
note is that the business cash flow what Yeah, no,
not just business cash flow. How long's podcasting gonna last? Yeah,
Like I feel like I'm made of shining, But I
also need to make sure that, like well, if she'd

(20:00):
hit the fan, like, I'm still financially individually stable. So
some months I might go, oh, take five grand, and
other months I'll go, oh, it's.

Speaker 2 (20:09):
One hundred years and yeah, some.

Speaker 3 (20:11):
Months, I'm like, we're just going to do the bare
minimum stick and it's okay. I think that's okay, But
for me it's not.

Speaker 2 (20:17):
It's realistic.

Speaker 3 (20:18):
Yeah, for me, it's not about like, oh, I have
this plan and I stick to it. It's kind of
like my priorities are first as a business owner, and
then second does an individual investor who can create individual
wealth because like, hopefully by making that decision, my business
will then in the future make more money and all
of that.

Speaker 2 (20:35):
Right, So you're investing in other ways, and so that's
why it fluctuates.

Speaker 3 (20:40):
Like if you looked at my investment contributions, I think
I did twelve hundred dollars last month total. Yeah, and
that was just because that's as you know, we've invested
a fair bit in lots of different things in the business.

Speaker 2 (20:51):
And it's not a bad thing, No, it's just meat
like different priorities.

Speaker 3 (20:56):
And we're so lucky, right, Like I share quite openly,
like we're our business flow is at with the team
because we're a small team and I never want anyone
to feed.

Speaker 2 (21:03):
You don't feel in the dark. We feel like we
know a lot.

Speaker 3 (21:05):
Yeah, but I do that because I don't want you
to go, oh, she's a small business. I don't want
to ask for things, or she's a small business. You know,
is my job secure? Like I want you to feel secure,
and I'd prefer to be sitting on a fair bit
of cash and just take a little bit from my staff.
So last month, I think it was like twelve hundred
dollars and then I added some more stuff from whatever
that I had in my bank account from not spending

(21:27):
because I didn't have time. So I was impressed, right,
But then there have been months where I'm doing five
or even seven thousand dollars because I'm like, okay, well
I've got comfortable.

Speaker 2 (21:37):
Taking that out. Yeah.

Speaker 5 (21:38):
Does that?

Speaker 3 (21:39):
I feel like that gives good context to the community
as well, because they would be like, she must invest
every single week. Maybe one day when I feel a
little bit more secure.

Speaker 2 (21:47):
Yes, So what else is on your financial watch list?

Speaker 3 (21:50):
I've brought a few niche ones and I haven't purchased
these ones. I know that I think your watch list
you've got things that you're like, I'm still watching it
because I'm still consistently investing in it. Yeah, invest plan
is every single time I dump that money into my
investment portfolio. It goes fifty percent to the one share
that I have a lot of conviction in, and then
I diversify kind of drip feed it to the rest.

(22:13):
These are shares that are on my watch list because
I'm not sure if I want to buy in or not.
So the first one is ASX ticker code mote vote yep.
So it's VANK morning Star wide mote okay, And I
find this to be a relatively interesting share. So it's
a us ATF that owns companies morning Star. So morning

(22:33):
Star is like another VATA Shares or Vanguard. They're very
well known, so morning Star is, you know, as reputable.
I feel like we don't talk about it as much.
But they believe that these companies have durable competitive advantages
in investing. That's actually known as having like a really
wide moat, so if you think about a castle, it's

(22:55):
like a protective barrier. Thus the name of share. And
they think that those shares look undervalued. So they're kind
of like, oh, we're going to go and like have
a little lega code ATMAT.

Speaker 2 (23:08):
I had Google the wrong one.

Speaker 3 (23:09):
So basically and you're going to love this. Basically, it
follows the Warren Buffett style of investment, and we've discussed before. Yeah,
so I think you'll be relatively interested in this. I
would say it's a bit more of a like refined
approach to equity investing, so like you're not buying based
on the size or like the hype of a company.
You're actually buying based on quality and plast discipline, which

(23:35):
is why I've still got it on my list because
it's like not as shiny as like a fang where
you're kind of like, I know what I get it like,
but you will know some of the companies in here.
So the portfolio is relatively dynamic, and it has like
I would say, a fair few household names, so it
owns like Disney, it owns a Yep, Boweling, Pfizer, Nike, Yep.

(23:59):
So there's a fair few. But then there are a
whole heap of niche yet that I've never heard of,
and that I can always guarantee you've never heard of.

Speaker 4 (24:05):
Well, that's kind of the thing that I don't really
have in my watch thiss is things I don't know,
because I feel like if I don't know, I shouldn't
trust it. But that's not true because some of the
best performing companies are companies I don't know.

Speaker 3 (24:15):
Well, the reason this came onto my radar obviously, like
I'll tell you about share price and performance, but the
reason it came onto my radar was because of their
investment style. And I'm a nerd, so I really I know, right,
Like I was reading the Financial Review the other day
or no, actually a couple of months ago. It's been
sitting there for ages, But they were talking about the
investment styles being adopted by different ETF companies, and this

(24:39):
one fell under the Warren Buffett.

Speaker 2 (24:41):
Style of investing.

Speaker 3 (24:43):
Oh, that's relatively interesting because obviously I've said time and
time again I love that investing.

Speaker 2 (24:48):
Style that tually is the best in history, so we
should enjoy that.

Speaker 3 (24:51):
But if you'd shown me the list of companies have
probably been like, oh, I'm not entirely sure, because essentially
their analysts are consistently looking.

Speaker 2 (25:02):
For what they call mote strength. Right, I've been kind
of loving the branding of all of them. I'm trying.
I'm trying, so you're selling it to me.

Speaker 3 (25:10):
They define mote strength as like the brand power company
has switching costs, network effects and cost advantages, and those
that are then like weighted on their scale. And please
don't ask me, because I don't know what the hell
their scale is. I've just trusted that because their analysts
they know what they're talking about. Yes, the index then

(25:30):
picks what they rate as wide, and then of those
wide companies, it makes it to what morning Star thinks
is a fair trade value. So they're not looking for
companies like you know, Apple, which is blowing the lights out.
You're not going to find that on there because they're like, well,
we actually lookably think Yeah, but they obviously think that

(25:52):
like that might actually be overvalued because there's got too
much hype associated with it.

Speaker 2 (25:57):
Yeah, so they're trying to do things that can be
bought at a reasonable price. Bowings boring.

Speaker 4 (26:02):
Yeah, I'm not saying it actually has interesting like eleven
year backlog or something. They have something like six billion
dollars on the waitlist.

Speaker 3 (26:10):
Of No one's talking about it, but like as an investment,
I'm sorry, they've got good cash flow coming up for
the next ten plus years.

Speaker 2 (26:16):
Yeah, they've got a duopoly. I am that's a very
cool word. A duopoly. Well, because there's only two main
It's true, people, it's very true.

Speaker 3 (26:24):
But essentially they are picking those companies, and then I
trust those analysts to have picked companies that they're like, oh,
if they think they're undervalued, that's going to be a
better recommendation than the Victoria DEVI.

Speaker 2 (26:37):
I'm thinking it's undervalue.

Speaker 4 (26:38):
And that's what people are working on these ETFs and
these managed funds full time.

Speaker 2 (26:42):
That's what I trust these nerds. They live off love it,
I know, and we love that. We love an R. Yeah.

Speaker 3 (26:47):
And they also rebalance the portfolio relatively consistently. So while
it's been on my watch list, I've seen things drop
off and come onto the ETF, which happens a fair
bit in things like top two hundreds where they have
to be like in the top two hundred performing, But
like this is more active than just and that's why.

Speaker 2 (27:05):
You pay that management fee with an ETF for an
index vis.

Speaker 1 (27:08):
Yeah.

Speaker 3 (27:08):
So essentially they rebalance on a pretty regular schedule, so
holdings turn over as prices move and then ratings evolve.
So it's not just like they're the top two hundred
and then stay there.

Speaker 1 (27:19):
Yeah.

Speaker 3 (27:19):
But also like the performance is the reason they're on
that list, yep. It's also like there's mating of their
mote and they might go, oh, you're getting a little.

Speaker 2 (27:28):
Bit too popular. I'm got to use the word mote.

Speaker 3 (27:30):
Now, do you know what's interesting as well? And this
is where ETFs become a little bit more complex. If
I buy it today, I'll get everything in that portfolio.
But just because an ETF company drops it from your
portfolio doesn't mean you won't like still hold it, Like
they sell it on your behalf, but you're still having
had exposure.

Speaker 2 (27:47):
To that company.

Speaker 3 (27:48):
Yeah, and then it will be switched with something that
they think is actually a better.

Speaker 2 (27:51):
Option for you.

Speaker 4 (27:51):
Like if you bought it today and I bought it tomorrow,
we might actually be holding different things. Say, if you
sold it tomorrow, we would have hold different things. You're
the same et.

Speaker 3 (27:58):
Because of the way that they transact, want to make
sure that their response all about it. So in mode
interesting they only have fifty four holdings. And if we
talk about share price, it's currently one hundred and twenty
four dollars and eighty three cents per individual share, which
I would say is actually relatively.

Speaker 4 (28:15):
It's eight percent risk per company that it has. Oh,
look at you just on the mass you've.

Speaker 3 (28:21):
Got your calculator, Yes, and I feel like that makes
me feel quite.

Speaker 2 (28:25):
Sick because it's diversified. Yeah, and we love diversity.

Speaker 3 (28:28):
If we look at its performance over a long period
of time, I feel like me explaining this.

Speaker 2 (28:33):
I'm like, why haven't I bought this? Yes, I'm like
trying to do you selling it to yourself? I think
I'm selling it to myself. But also we should go
shopping after this. We should let's go to Mecca. We're
getting on the ETF mark. Okay, sorry, sorry, that's yeah.
I was excited.

Speaker 3 (28:48):
It's interesting because, like, I'm also relatively hesitant because I
do have a relatively ETF heavy portfolio.

Speaker 2 (28:54):
So when it comes like adding another one, I'm like,
is this worth my investment?

Speaker 5 (28:58):
Yeah?

Speaker 3 (28:58):
And also if I add it, what percentage am I doing?
What am I diverting? Because it's not like, oh, I'm
going to find an extra one hundred and fifty bucks
a month or something to add this and consistently contribute.
Am I dropping down something to add it?

Speaker 2 (29:11):
Is it worth it to replace something I already have
my portfolio with XYZ ETF. Yeah.

Speaker 3 (29:16):
So the performance is really good. I won't say it's
blow the lights out in the same way.

Speaker 2 (29:21):
That it's no fang no, but that's for a reason.

Speaker 3 (29:24):
It's ten year return has been fourteen point seventy nine percent, which.

Speaker 4 (29:28):
Is still above the market average, which in America is
thirteen percent. In Australia it's like eleven or nine.

Speaker 3 (29:33):
Yeah, and five year performance is looking at sixteen yes,
that's good. Yeah yeah yeah, and then over the last
year it was eight point six which is still better
than inflation.

Speaker 4 (29:42):
Yeah. But then it's like if people like, oh that
might maybe that's too risky for me. That's why we're
okay with that a that's why we're okay with a
normal ETF. That's like looking at the ASEX two hundred
or the SMP.

Speaker 2 (29:52):
Yeah.

Speaker 3 (29:53):
And the income yield has been really good as well.
So in addition to it increasing in value on average
over the last ten years, it has returned three point
four to seven percent, which is just nice, like because
that's in addition and then more recently, if like go
down to five years, it's seven point nine four percent.

Speaker 2 (30:13):
So I'm quite interested.

Speaker 3 (30:16):
I'm quite happy with that because, as I said before,
like I don't know, call me greedy, I want to
get paid.

Speaker 2 (30:22):
You're greedy, yeah, but like I want your hold. I
want that's what you want hold.

Speaker 3 (30:27):
And I also want you collect and I want that
collection of my dividends to then be reinvested. So like
the money that my money is making is being reinvested
and making you more money. And like that's where I
guess you know, the magic of compounding interest comes from,
because right now, if I looked at your strategy, you
like you do actually hold a lot of stuff that
I hold, but you're not so interested in the dividends.

(30:50):
Your compounding interest is coming from your regular contributions. And
in a perfect world, I actually get thirty years in advance,
and my evidends is your salary is my salary that
I can reinvest or I can get.

Speaker 2 (31:06):
She's happy, she's growing.

Speaker 3 (31:08):
I don't have to sell down a single share, and
then all the dividends that get paid out on a
monthly basis I start living off.

Speaker 5 (31:14):
Yeah.

Speaker 4 (31:14):
See, I think my investing strategy might change where we
have a little bit of not a big age gap,
but a small edge gap between us, like.

Speaker 3 (31:20):
Mass if it feels massive, she feels like a gen Z.

Speaker 2 (31:23):
I am a gen Z, I know, but like you
feel like twenty seven everyone, she feels like a gen z.
I feel like a gen Z. I know all the slang.
I'm a TikToker.

Speaker 4 (31:32):
Like what I think is my investing strategy is probably
going to change as I get a bit older, as
I'm getting closer to the mid thirties to the forties.

Speaker 2 (31:39):
I'm sure my investing strategy we kind of go hold
on and I a shift. Yeah.

Speaker 3 (31:44):
I think a lot of us when we have a
really good investment portfolio, we become relative really protective of it.
Like I don't know, like if I like it, I
don't want to have to sell something, especially if I know, oh,
I'm going to have to live off that investment portfolio
one day, but like what if it's still performing, Like
I don't want to something that's doing well so that
I can pay my bills, like I want them to

(32:04):
pay my bills.

Speaker 2 (32:05):
Yep, that's my little plan.

Speaker 3 (32:07):
So that's why I think whenever I'm looking at something,
I'm like, well, what's divid and yield as well? And
I think a lot of people in our community are
going to be interested in that.

Speaker 2 (32:15):
Do you have any more on your watch list?

Speaker 1 (32:17):
Yes?

Speaker 2 (32:18):
I have another one. I used to hold her.

Speaker 3 (32:19):
It was a morning Star Asian All Stars ETF and
that doesn't exist anymore. And I used to love it
because it like had all of these Asian companies that
essentially blew the lights out, and then they just decided,
we're not going to focus on that, We're going to rediversify.
So on my watch list is another Asia ETF because
I want to get back into that sector. I do

(32:42):
have like little bits and drips and drabs, but like
I want a specific Asia one. I don't know everything
that comes out of China. Yeah, sorry, like basically everything
we own, where's it come from?

Speaker 2 (32:54):
Asia? Yep?

Speaker 3 (32:56):
So it's on my watch list. But the ETF that
I had picked the ASEX code get this Asia.

Speaker 4 (33:04):
Really I love that they got that, you know, I
do wonder. I don't know how this works. How do
they get a ticker code?

Speaker 2 (33:10):
Do they have to apply?

Speaker 1 (33:11):
Is it like a.

Speaker 2 (33:13):
So they don't get allocate? You can request a specific
ticker cort.

Speaker 3 (33:19):
You might have seen different companies that have specific ticker
codes that are related to their name, and some of
them are groovy, yeah, but they also have to be free,
as in, if the chicker coder exists with someone else,
they're going to have to be a little bit creative,
so every other Asia ETF.

Speaker 2 (33:34):
Is not going to be able to have that. Asia
is very groovy.

Speaker 3 (33:37):
Yeah, anyway, I think that's cool. But it's owned by
Beta Shares. It's the Beta Shares Technology Tigers ETF.

Speaker 2 (33:43):
That's a beautiful name.

Speaker 3 (33:44):
I think it sounds real cute. It does, but it
is an ETF. Again, we're well over Japan. It does
because Japan has very different performance goals, especially when it
comes to I'll explain it and you'll go, oh, this
makes sense. So it's got fifty different companies in it,
so again a bit of a smaller ETF, and it

(34:05):
has fifty of the biggest tech and online retail companies
across Asia, not including Japan.

Speaker 2 (34:12):
Yeah, they have some very interesting companies.

Speaker 3 (34:13):
I'm talking now Samsung, They've got TSMC, They've got Tencent,
they've got Ali Barber, which I.

Speaker 2 (34:20):
Think a lot of US would have already heard of.

Speaker 3 (34:23):
And it's essentially a way to invest in global tech
that's not just US. So like I own Fang and
that gives me access to global tech that is American.

Speaker 2 (34:33):
So like the big dogs we're talking.

Speaker 4 (34:35):
Apple has Coacao too, which is a Korean maps app,
which is very cool.

Speaker 2 (34:39):
If you've been to Korea, you'll know Cacao. But I
think that that's a favor. Yeah, there's some very cool
companies in there.

Speaker 3 (34:45):
Yes, So essentially it covers really fast growing sectors. That's
why it kicks out Japan because Japan's a little bit
more I would say sustainable things.

Speaker 2 (34:55):
Like Samsung was Japanese? No, am I wrong? Yes? Does
that feel good? Yes?

Speaker 3 (35:03):
But it has like e commerce as we said before,
things like semiconductors and social media in ok, sorry that's
social media, not in Japan.

Speaker 4 (35:12):
Social media, Yeah, because Cacao and Nava are two very
massive platforms in Korea.

Speaker 2 (35:17):
So and also you've be into Korea.

Speaker 3 (35:19):
I love no Facebook, No they have to Facebook, No Google,
No TikTok, No they TikTok?

Speaker 2 (35:25):
Do they actually have tik tok? But is it China?
China doesn't have.

Speaker 3 (35:29):
China doesn't have TikTok? But you want like when you
start thinking about that, these are massive economies and huge economies.
We also know them on social media. So what are
they creating that I could get in on?

Speaker 4 (35:43):
And they're like very intuitive, like those sort of systems
like Cacao and Nava. You can pay for things through them,
you can do shopping, you can book appointments, you can
get like their equivalent of Uber eats, and they're all
those systems and I didn't know they existed until.

Speaker 2 (35:57):
I was there and I was like, wow, they're massive,
the massive market, and you might.

Speaker 3 (36:01):
Not have heard of them because yeah, they're not on
your like yeah, but you're going to be surprised here.
This ETF does not have good dividends.

Speaker 2 (36:12):
Okay, that's fine for me because that's kind.

Speaker 3 (36:14):
But I think it's really interesting because again, it gives
you access to investments.

Speaker 2 (36:19):
That are just not on your radar, not on your radar,
but also like have become on my radar. Like I'm
such a nerd.

Speaker 3 (36:24):
I'm looking up so like and that I don't even
think it's nerdy. I think it's pervy. It's market research.
If it's free on the internet.

Speaker 2 (36:30):
We love, we love a gossip, so like looking at
these sort of things is gossip. What are you guys doing?
Give us?

Speaker 3 (36:36):
And then I'm looking these companies up on TikTok and
being like, what are other people saying about them? Just
so I get an understanding of what the hell that
ETFs made up? Of course I'm not gonna lie. The
companies that you're talking about I now know of because
of this ETF, but I had no idea before.

Speaker 2 (36:50):
They're not on your experience.

Speaker 4 (36:53):
And then like you look at things like Samsung in Australia,
like everyone has either an iPhone or a Samsung, but
it's more on the iPhone side of things, but a
lot of Asian countries it is Samsung. It's androids, it's
those Yeah, it's those sort of systems, and it's okay
you want to be touching in that area because it's
like okay, otherwise I'm not going to have exposure to
that because I only know this here.

Speaker 3 (37:11):
Yeah, and I don't know if you know this, because
I know that most people don't know this, but Samsung
are actually suppliers to Apple for their internal tech.

Speaker 2 (37:19):
Really a lot of the Apple's internal tech.

Speaker 3 (37:21):
This is the kind of goss has been made by
Samsung and then shared with Apple, so like not the
patented stuff, but like just a lot of.

Speaker 2 (37:30):
Their tech, a lot of their batteries.

Speaker 3 (37:31):
Like there used to be or there was a whole
like thing on social media probably like five years ago
where people would break open their iPhones and like find
Samsung batteries and shit tea. Anyway, I think that's really interesting.
But it's not a dividend yielding ETF. It's more of
a growth focused ETF, which is why I'm interested in
it because I'm still at that young phase of my
like investing career.

Speaker 2 (37:52):
You've got time for that compound interest and I want
the tea.

Speaker 3 (37:54):
I want to know what's going on. I feel like
it's so interesting. So returns are more dependent on those
businesses growing and increasing and popularity, which is my.

Speaker 2 (38:06):
Far sel of investing.

Speaker 3 (38:07):
Yeah, and like I haven't invested yet. I'm being pervy
on it because I'm interested. But I think it's also
important to note that it is an unhedged fund, so
there's a number of currency risks that are involved, and.

Speaker 4 (38:23):
The hedged means that the currency risk is not involved. Yes,
so it's based on yes, so currency risk applies to this.

Speaker 3 (38:31):
So essentially what that means is if the Australian dollar moves,
it actually impacts your returns, and like that's something that
you have to find.

Speaker 2 (38:39):
Yeah, we factor it in and like, I actually love.

Speaker 3 (38:42):
Something that's hedged, but I also love unhedged because sometimes
it does give you better returns. And like these companies
when they're putting together an ETF, they're not like, oh,
we can't.

Speaker 2 (38:51):
Hedge this, yep, because they're the more edged.

Speaker 3 (38:54):
Yeah, they're more likely to say, well, we won't hedge
this because you know it doesn't something matter and they're
smashing lights out anyway. So if currency risk is involved, like,
let's just put that back onto our individual investors, because
that's another layer of usually risk for them to take
on because like they're hedging, but also another layer of
fees because there's so much more like admin and organizing

(39:17):
that they have to do, so they kind of look
at it and go, well, maybe it's not worth it
for that. So it's an emerging market's risk. Obviously, we
know that Asian countries have I don't know, there's just
a lot going on with their government. There's a lot
going on with regulation, a lot going on with political tension.

Speaker 2 (39:36):
And they have such good food. Yes they do. They
just know their shit.

Speaker 3 (39:40):
But I think it's important to note all of that
because it does make this ETF a little bit more
risky or like volatile share PRICEO, you're going to be happy.
My last one was relatively expensive. What's this one twelve
dollars and twenty five cents.

Speaker 2 (39:53):
I fear that's cheaper than a big mat male it is.

Speaker 3 (39:56):
I don't have ten year returns for you because it's
actually only.

Speaker 2 (39:58):
Exists for five years. It's a baby, she's just a baby.

Speaker 3 (40:01):
And in the first five years they or over the
last five years, they've returned eight point three percent, which
is something that I wouldn't have been interested in.

Speaker 2 (40:10):
You see the future for it. Sorry, last year thirty
point three. Okay, so if we zoom out, it doesn't
look that good. But if we're zooming in a little bit,
it does.

Speaker 4 (40:18):
I just had a little look and there was a
dip in twenty twenty three, so I do wonder what
happened there. But we're not going to look at that
for now because we thinking about the future because the
past performance that five years, it doesn't matter because that's
not going to affect the future.

Speaker 2 (40:29):
Yes, income has not been good. No, so like this
that's on your watch list.

Speaker 3 (40:34):
Yeah, And that's why I'm kind of like I make
these rules up and like, guys, I've made them up
in my head based on what I'm comfortable with, and
this is what I want you to do, not based
on how Victoria.

Speaker 2 (40:44):
Said, you should know you have to have your own metrics.

Speaker 3 (40:47):
I want dividend yield because I feel like, in a
perfect world, like I pick all these shares and like
I'm going to continue playing with it, but like I
just want that dividend income to become my income one day.
So this doesn't provide that. And I'm kind of like,
am I going to give myself exposure to this in
the short term? And then at what point, Like they
don't have any information online about the fact that they

(41:09):
might become dividend yielding.

Speaker 2 (41:11):
Yeah, you know, I'm kind of.

Speaker 3 (41:12):
Like, oh, like how good if they are just in
growth phase and then all of a sudden it will
change and that happens sometimes, Like.

Speaker 4 (41:19):
Yeah, investment like eachfs and stuff are not set and
they're not going to change their strategy. Yeah, it's going
to grow and evolve with the different people that manage
that point.

Speaker 3 (41:27):
Yeah, And that's where I want you guys to sit
down and like you've done this Brook, but like sit
down and go okay, before I even look at like ETFs,
what do I want out of this? And like, for me,
I want dividend yield. I want consistent growth I'm happy
if that consistent growth comes at the cost of dividend yield.
So like I'd prefer like if you said, v like,
what does your ETF perform and I go, oh, it
was like nine and a half percent. You go, but

(41:48):
this one's fourteen and I go, yeah, but this one
also has dividend yield, And for me.

Speaker 2 (41:52):
That's more important.

Speaker 3 (41:54):
Like that over the long term fits into my investment strategy.

Speaker 4 (41:58):
I could not care less if I never got a dividend. Ever,
if I just got really good growth yield, I'm like Bobbler.

Speaker 2 (42:04):
And called that's what I want.

Speaker 3 (42:06):
So I think for me, it's sitting on my watch
list still because income is not incredible. But total returns
have been pretty good. I mean, over the last one
month has done seven point nine to five, over the
last three months nine point one two. Like she's being
consistent now work and over time. But I mean in
twenty twenty three there was a dit. It was just

(42:26):
because of like economic tension.

Speaker 2 (42:28):
Yeah, but that's also that's also the fact that you
have to consider.

Speaker 3 (42:32):
Yeah, so let's probably stop talking about this, because I
could keep talking about it until the cows come home
and we can take a little quick break and when
we come back, we're going to Yeah, maybe we'll go shopping.
I'll open my app and you can open yours and
we can look at our whole watch lists, and then
we're going to get back into some more juicy stuff.
But I think we should like pivot and talk maybe
a little bit more about direct shares the companies we're

(42:54):
actually watching and might invest in it work individually.

Speaker 2 (42:59):
So guys don't go anywhere.

Speaker 3 (43:04):
All right, we are back, and I feel like you
and I have investing strategies that are really based around
ETFs and managed funds and we're not so much direct
shared galies. But like, sorry, last time you were on
the show, I was telling you about my.

Speaker 2 (43:21):
Yeah, I did google that afterwards, did you? And did
you see why I was? She doesn't look good. They're like, sorry,
it's not my journey. That's not going on.

Speaker 3 (43:29):
You read all of their annual reports. I won't be
if she wanted to, you'd be impressed. Jess is also
into powering, you know, That's what I giggled. I don't
know if Jess is into paradigm because I was into
I was like.

Speaker 4 (43:42):
A you and Jess thing, and it's not going to
be my journey. I'm going to let you have that one,
but I'm not you know what, that's.

Speaker 2 (43:47):
Good and I think that people need to hear that.
Just because I said different investing and we can have
differing opinions. It makes up less than one percent of
my portfolio at this point. I'm glad. But Brooke, I
want to know do you hold any direction shes.

Speaker 4 (44:02):
I own a heap of direct shares, mostly in America,
some in Australia, all that jazz, but I have a
rule with direct shares. I need to be personally interested
because I don't have time to research a random company
that I don't know and I don't care about. So
my direct shares and anything that's are my direct shares watch, Liz,
are pretty much companies I love and know.

Speaker 2 (44:21):
And if you know me, you know that I love Costco.
I adore Costco.

Speaker 4 (44:27):
Every country that's what you've picked a share, yes or
share every country that I go to, I check before
I go that there's a Costco. I'm going to Europe
the end of the year for three months. Please send
me your tips. But me and my partner have already
looked at all the different costcos that we can.

Speaker 2 (44:39):
Go to to Korea.

Speaker 3 (44:41):
We are very lucky. We've been on a few overseas
trips with World bless yet, but every single time we go,
we actually have to build in like either a morning
or an afternoon trip for.

Speaker 2 (44:51):
Brook to Costco. It's mandatrue. It's amazing.

Speaker 4 (44:54):
I'm so passionate about Costco, especially because in America, Costco
has other kind of competitors. In Australia we don't really
have Costco competitors. Costco is its own thing here, whereas
in America there's Sam's Club, there's fedmat like, there's those
sort of competitors. And it's just such an interesting like
concept of a store that you're going to pay a
membership to go to a grocery store. And for me,

(45:16):
I love the membership. I pay that fee every year. Happily,
I've probably paid double. But it's on my watch list.
I don't own Costco as a shared just yet.

Speaker 2 (45:24):
But I will watch list.

Speaker 3 (45:25):
But why, Like, we know what the company is. I
think everyone listening knows what it is. But like, Pete,
why are you interested in making an investment in Costco?

Speaker 4 (45:34):
Well, when we think about it, Costco has an annual
membership to the annual membership fee in Australia is sixty
five dollars.

Speaker 3 (45:39):
It's just an income. We love to see it.

Speaker 2 (45:41):
It's consistent income for Costco.

Speaker 4 (45:42):
Regardless if I shop there, I still pay my membership fee,
and so that sixty five dollars I pay is probably
equivalent around the world. And they had seventy six point
two million paid members worldwide.

Speaker 2 (45:53):
Stop it. That is crazy.

Speaker 3 (45:55):
I don't even need to sell any five dollars those chicks.

Speaker 2 (45:58):
And that's they have. The just the business model of
Costco is really intelligent to me.

Speaker 4 (46:02):
So they have these things called lost Leaders, which are
their roast chook, which in Australia is like five ninety nine,
but in America it's even cheaper.

Speaker 2 (46:09):
I think it's four ninety or three ninety nine, and
they make.

Speaker 4 (46:12):
It really cheap so that you will go to Costco
to get that roast chicken because it's so much cheaper
than everywhere else. They anticipate that when you go to
Costco for that roastchrook, well you'll also pick up X
y Z. They have their hot dog which is one
dollar ninety nine. You also get a drink with that,
and it's such a good deal. People have tried to
make the CEO put that price up of the hot
dog because they lose money when they sell that to you,

(46:33):
but he won't because it's such a bread and.

Speaker 2 (46:35):
Butter gets people.

Speaker 4 (46:36):
It gets you on the door, and I look forward
to going to Costco on a Sunday with my partner.
I get a slice of pizza, he gets a hot dog,
We get a roast chook, and we get so many
fun little things you don't. It's like Costco's kind of
like Camap. You walk in not knowing what you need,
and Costco tel.

Speaker 3 (46:50):
Shit and they it's kind of like Audi yep, and
they have like that center area. I've always got something
different that I didn't know I needed.

Speaker 2 (46:59):
Yep.

Speaker 3 (46:59):
It's really annoying because I end up spending so much
money and.

Speaker 2 (47:02):
It's worth it.

Speaker 4 (47:03):
But those membership fees, so that sixty five dollars you
pay a year membership fees brought in four point eight
billion dollars in revenue stop it. So that's a major
chunk of their net income, which is pretty impressive. Like,
could you imagine you have to pay a grocery Like
you go to your local grocery store and you need
to pay six five dollars a year to shop there.
People would think that was absurd, but for Costco, no

(47:24):
one about tone, No.

Speaker 2 (47:25):
That's crazy.

Speaker 3 (47:26):
Yeah, so that's their like income and income is great,
but I want to know performance, like are they performing well?

Speaker 2 (47:34):
What does their share price actually look like? Because what you.

Speaker 3 (47:37):
Could tell me, Oh, they're earning billions fee, but then
it also costs them billions.

Speaker 2 (47:41):
And like their profits like a dollar you know, like
that's good.

Speaker 3 (47:45):
So tell me about the business and why you go, Oh,
it's on my watch list as an actual investment, not
just their income is sexy.

Speaker 4 (47:51):
Well, over the last five years, Costco is up one
hundred and seventy six percent and they do you.

Speaker 3 (47:57):
Think that that's driven by cost of living crisis and
turning towards bulk shopping.

Speaker 4 (48:03):
No, I think that the people that shop at Costco
are not doing it for the bulk idea, Like I
don't think they're doing it to save money, Like obviously
I think the idea is that you would do that,
But I think Costco shoppers are like Costco shoppers, Like
I don't think I never checked to see if something
cheaper at Costco.

Speaker 2 (48:20):
I go to Costco tro pesto that they have.

Speaker 3 (48:22):
It's called Cilantro pesto because it's America and otherwise it's.

Speaker 2 (48:27):
It is so good.

Speaker 4 (48:28):
I just think that the people that shop at Costco
trust Costco and Costco does their own sort of products
as well. So they have Kirkland Signature, which is like
their version of home brand. But their idea with Kirkland
Signature is to make a product that is equal or
better to the competitor in the market and cheaper, so
they won't bring something out unless they can do it cheaper.

Speaker 2 (48:47):
And better smart.

Speaker 4 (48:49):
So all of those sort of products do really well,
and they're like some of the number one performing products
in Costco because one you can only get them at
Costco and two they're cheaper than like the standard product
people go for that like people buy Kirkland Signature merch
Every year, Costco will come out with Kirkland Signature jumpers.

Speaker 2 (49:06):
And I've considered getting the tracksuit.

Speaker 3 (49:07):
I've considered it, and that's because I'm a loyalist tracksuit,
so you don't need to know I've.

Speaker 4 (49:11):
Got I've got one really good tracksuit, so I don't
need another one. I'm not in the market, but just
I can't imagine you're wearing the hat, though.

Speaker 2 (49:17):
I would one hundred percent with the hat. Do you
know Quantus gave me a hat yesterday?

Speaker 3 (49:20):
Quantus gave you a hat and they didn't make it
to your watch list.

Speaker 4 (49:24):
They did make my watch list. I don't believe in
the brand on the watch list, but no, they gave
me a hat.

Speaker 3 (49:28):
So why haven't you bought it yet? You're obsessed with Costco.
You obviously have got really great performance. Why haven't you
been in the bullet.

Speaker 4 (49:34):
I generally just didn't consider it until like a couple
of months ago, and I was like looking at different
companies to buy because I have like the regular things
on my direct shares list.

Speaker 2 (49:44):
And then I thought, what would I buy if I
had to buy something now?

Speaker 4 (49:46):
If I could buy a share in that, And I thought,
what are my favorite companies? Like, what is a company
that I truly believe in? And that would be Costco.
So I think within the next few months I might
pull the trigger on Costco. But I definitely own Costco
in some of my ATMs. I'm not too worried about
having it. But I think in twenty years time, Costco
will still be doing good.

Speaker 2 (50:04):
So that's why I would buy it. That's really fun. Yes,
So what is your direct share on your watch list?

Speaker 3 (50:11):
So this is an Australian company, tell me about it
that I just this is going to sound really bad.
But I didn't care too much about before.

Speaker 2 (50:19):
And then I had a baby and I was like
a baby. I know, it's crazy. I don't even think
you should have mentioned him.

Speaker 3 (50:26):
I'm a mom your mother, I'm a momosita exactly. And
I realized that going out for coffee every single day
is not like viable. It's not that I can't afford
a coffee every single day having a child, but I
can't leave the house and my pod machine is just
not cutting it anymore. So I took to the internet
and I said, guys, like coffee machine recommendations please, and

(50:50):
like I got recommendations from like one hundred dollar machines
from Audi all the way up to like literally thirty
thousand dollars at home, like gorgeous, very fast. I did
not realize how expensive they could get that, and it
was like, holy guacamole. There is a marketing coffee machines,
and so I cho a coffee machine exactly. I picked
a brevel Are. I picked a Brevel and I went

(51:12):
with the Brevel Oracle and low Ki annoyed because I
got it a couple of months ago and they've just
come out with a new one.

Speaker 2 (51:18):
They's always friends, so them Innovating Limited. It's on the ASX.

Speaker 3 (51:23):
Their ticker code is BRG and most of you would
know Brevyl, so like you've heard of it. It's at
the good guys, it's bloody.

Speaker 4 (51:30):
Would you like a fun fat yes, I would like
to offer you a fun fact that if you are
in that. We have a slack channel at work called
Savings of the Week when we send our best deals.
Yesterday I sent in a Bevel coffee machine on sale
at costco.

Speaker 2 (51:44):
Oh money weed, but I already have one. I know,
but I already have one.

Speaker 3 (51:48):
Because collaborating, And I was like, hold on, I haven't
been operating in this space of at home coffee machines.

Speaker 2 (51:58):
You're lucrative and the like, so like.

Speaker 4 (52:02):
They're so easy to use, Like the average consumer can
use a Brevel coffee machine at home and they make
really good coffee.

Speaker 2 (52:08):
But we're not talking like they just do.

Speaker 3 (52:10):
Coffee machines don't do like toasters, blenders, like coffee literally
all releasing things. Yes, but they're also like not. I
wouldn't say they're like the most high end. They're also not.

Speaker 2 (52:21):
They're a middle ground.

Speaker 4 (52:22):
Yeah, they're like the thing that you can afford. It's
like a little bit bougie. You've splashed You're not getting
the km out coffee machine. You've splashed out for the Brevel.

Speaker 3 (52:30):
But it's not like everybody that has a Bevel right
now and they are raving about it because you guys
are conn you can tamp the breve. I feel like
bst come over to my house. I can't mind self
tamps stop it anyway. So it's a well known Australian brand.
And when I started looking on TikTok and I started
looking online, it's starting to gain a little bit of

(52:51):
an international presence. Okay, so expansion expansion also cozy lives.
We're all looking at having a coffee machine.

Speaker 4 (53:00):
You can justify the expense of a coffee machine because
it's cheaper than getting cofee out every year.

Speaker 3 (53:04):
And I mean I made the news for being rude
about that guy's coffee. That was seven dollars old news. Yeah,
I was on the news and sorry, seven.

Speaker 2 (53:14):
Dollars a cup. It is the craziest cup is wild.
We don't have much I have for coffee this morning.

Speaker 3 (53:18):
So I feel like so many more of us are
looking at being out somber ristas and if I start
deep diving into it, reports show that Australians are increasingly
choosing to own high end Revel machines to save money
and upgrade there like at home games. So they're like,
we're moving from a pod machine to the Brevel because
it's a little.

Speaker 2 (53:38):
Bit fancy, but you can justify the expense rather than
the seven dollar coffee every day exactly.

Speaker 3 (53:42):
And in the first half of twenty twenty five, the
year ending December twenty twenty four, Rebel made and they're
probably real salty about this because it's just off, but
nine hundred and ninety seven point five million dollars in revenue,
So now right off a billion, like you would have
been a little bit if you were the singer, you
already been like, what the heck? Yeah, But that's up

(54:02):
ten percent from the year before.

Speaker 2 (54:04):
It's really good because it's a very saturated market.

Speaker 3 (54:06):
Their profit group by sixteen percent, breaching what is it,
ninety seven point five million dollars, and that's mostly what, No,
it's coffee bait, but mostly due to coffee machine sales,
so like it's not the toasters, it's not the blenders.

Speaker 2 (54:23):
It's like when I think of I don't.

Speaker 4 (54:25):
Just think of the coffee machine, like I think of
everything they do. But it's interesting to think that it's.

Speaker 3 (54:28):
Been around for years, like my mum still has their
Brebels some beans exactly, and it also has so much
expansion potential in emerging markets, so like it's starting to
be looked at by China, South Korea interested Like sorry,
Australians are known for being coffee stops, so a coffee
machine from Australia is becoming quite.

Speaker 2 (54:48):
A like a coffe machine in Melbourne, Welp and even.

Speaker 3 (54:51):
The Middle East, like they already have a coffee culture,
but they're looking at us. So in South Korea, which
you absolutely love. South Korea, where they switched direct distribution
in twenty twenty two, their market shared jumped, which is
by the way, these might sound like small numbers, but
it's actually massive, from four percent to seven percent in
a country that is arguably not coffee motivated. And now

(55:14):
they're trying the same approach in China, So like they're
growing internationally, massive opportunity, and then ubs, which.

Speaker 2 (55:22):
Is like a bank. They said that they expect.

Speaker 3 (55:24):
Brevel's income to double, like more than double, from one
point seven billion dollars in the financial year of twenty
twenty five to four billion dollars next year.

Speaker 2 (55:35):
Wow on my watch list.

Speaker 3 (55:37):
Sorry all about coffee. I made the news for coffee gate,
and now I'm investing in coffee. I feek that man
told me to.

Speaker 2 (55:44):
Get a real job. This is a real job, isn't it.
I sometimes think that I don't have a real job,
except I have a job.

Speaker 3 (55:50):
Yeah.

Speaker 2 (55:51):
I honestly don't believe about their jobs, and I'm like, oh,
I actually can't relate.

Speaker 3 (55:55):
To their forecasted like margin of profit is only going
to increase because i'vebviously, the more they're developing, the more
they can save, and the more profit they're going to make.
While Brevel is already a profitable company, I would say
it trades at a very high valuation, so thirty five
times forward earnings, So investors they are paying a premium

(56:18):
for its growth potential.

Speaker 2 (56:19):
Which is why I haven't purchased yet.

Speaker 3 (56:20):
Slightly overvalued yeah, and I don't want to buy overvalued staff,
but also brevenue see growth potential, which is like and like,
I love this coffee machine, so you low key it's
like your costco. Yeah, I'm kind of like, sorry, I
see the hype. The share price I would say relatively accessible.
I mean it's thirty five dollars and fifty six cents
as of today, beautiful, and its return over the last

(56:43):
year has been fifteen point seventy five percent.

Speaker 5 (56:46):
Wow.

Speaker 2 (56:47):
So like, sorry, bad.

Speaker 3 (56:48):
If you're going to buy a coffee machine and then
you get it on sale, invests the difference in the
share price, and then you're basically making money by making
coffee at home.

Speaker 2 (56:56):
And your coffee machine is paying you. Yes, a win
is a win.

Speaker 3 (57:00):
A win is a massive win. I want to move
on from this though, because like I could talk about
my coffee machine to the cows come home, and you
could definitely talk about Costco fore far for me anytime
I'll tell you I want to talk about like quickly
before we end, because I feel like we've been napping
for ages. Wild card chess, Yes, so what is something
that you reckon?

Speaker 2 (57:18):
Is like a wild card?

Speaker 4 (57:20):
Okay, so on my wild card list, and the reason
it's my wild card is it's not that profitable at
the moment, but it is something and I'm no, definitely not.

Speaker 2 (57:30):
I'm a paradigmter. It's something that we all know and love.
But it's a doll beauty love.

Speaker 4 (57:36):
They are on the AX with the ticket code ab
Y and they obviously.

Speaker 3 (57:42):
Yours is more sexy than my wild card. I know
mine's like real row.

Speaker 2 (57:46):
Okay, well I've gone sexy.

Speaker 4 (57:48):
The key numbers that you should care about are the
f y twenty four revenue, which is one hundred and
ninety five point seven million, which is.

Speaker 2 (57:56):
Do be crazy. And they have retail stores now.

Speaker 4 (57:58):
Yeah, so that's where they expand into retail, which is
why it's on my wild card because it's currently not
that profitable. But I think they're like retail expansion is
really going to help them because in Australia, obviously we
have Sephora, but I feel like no one cares about
Sephora in Australia. We care about Mecca. Yeah, we love Mecca,
and I think Adoor Beauty dabbling in that space. They're
my favorite online really like retailer when it comes.

Speaker 3 (58:19):
To really see, I'm still a Mecca cult member and
their stores are like not stores.

Speaker 2 (58:26):
They're like full.

Speaker 3 (58:26):
Experiences, and I just wonder how you would compete with that.

Speaker 4 (58:30):
I loved Mecha, do still love Mecca. Still shop at
Mecca regularly, but I think with the Door Beauty they
offer something a little bit different.

Speaker 3 (58:36):
And they also go on sale, which I kind of
I go hold on and like a lot of the
brands that used to and like this is probably me
diving into your wild card, but like a lot of
the brands that used to be exclusive to Mecca and now.

Speaker 2 (58:48):
Not exclusive, and they are you're in the market. Yeah,
Like even just like you.

Speaker 3 (58:52):
Look at Kerastas, right, that's at Mecca, and I buy
that shampoo, but it's often on sale for.

Speaker 2 (58:58):
A door Adoor Beauty do really good.

Speaker 4 (59:00):
Sounds like they'll do a three for two deal like
buy two free style too, so much free stuff, and
I feel like that that's an experience that like me
as a consumer, really enjoy that.

Speaker 2 (59:09):
I'm gonna order to do want the travel sized shampoo.

Speaker 5 (59:11):
I do love that.

Speaker 4 (59:12):
And they do free goodie bags, all of that jazz,
and they have so many return customers and another thing,
they have such strong app usage. So twenty six percent
of their sales come from their own Adore Beauty app,
which I think is a crazy figure. And they have
a really good loyalty program, which I think is better
than the Mecca one. It's really early in Adoor Beauty's

(59:33):
profit journey, but I think that soon it'll be like
worth it. But I yeah, I haven't invested in it
yet because I think they're still.

Speaker 2 (59:40):
Like, I want to watch what's their performance? Let me
whip it up for you.

Speaker 4 (59:45):
I'll get you some live figures. Okay, in the maximum
time that it's been on the share market.

Speaker 2 (59:52):
It's not looking good. Let me tell you. It's not
looking good. But you're like, but I believe in the
in this mention.

Speaker 4 (59:58):
So since inception at six dollars ninety two, yeah, and
today it's at seventy six cents, which is not looking good.

Speaker 2 (01:00:05):
How it's an opportunity for me to buy in.

Speaker 4 (01:00:08):
It's an opportunity for you to buy in. Year to date,
they're down fourteen point eight nine percent. But we are
in this industry. We're in the beauty space. We are
beauty consumers, and we see we are, we are. We
love the beauty industry. We see a Door Beauty as
a market leader.

Speaker 2 (01:00:23):
I see where they're going with we see where they're going.

Speaker 3 (01:00:25):
I feel like a lot of people. Yeah, no, I
think that's good. I think that's exciting. So what do
you think is going to drive their performance back up?
Like you think just becoming in.

Speaker 4 (01:00:34):
Experience, Like they're opening so many new stores, and I
think Mecca is almost pricing themselves out of the market.
So Flora, I think doesn't. I'm not putting them in
the equation as like your beauty space to go, like
where you're gonna go get a beauty broder. I think
you go to Sephora because they have certain products you need,
you go to Sephour overseas, but in Australia you go
to Mecca. And I think Mecca is slowly having price

(01:00:55):
increases that we might price them out of the market.
Whereas I think adoor beauty is a audible but still
that like luxury experience. So I think in a cost
of living crisis, a door beauty has more room to grow.

Speaker 2 (01:01:06):
Yeah, I know that's exciting. So do you have a
wild card?

Speaker 3 (01:01:09):
I do, But mine's boring. Mine's not like in the
beauty space or something that it was like a BEAUTIFULX see.
I mean mine's just like I feel like a little
bit nerdy. And now I'm like, oh, I want to.

Speaker 2 (01:01:17):
Pitch of a nerd. I love a nerd pitch me.

Speaker 3 (01:01:19):
And I'm watching this one because I'm like not one
to run out and invest immediately, but I find it
really interesting because I think it's a I don't know,
a good example of like innovation and tech coming together.
And like I'm here for the gossips, so we love
the gossip. Yeah, So like this is for me an
interesting one. It's called brain Chip. So it's on the

(01:01:40):
ASEX brin.

Speaker 2 (01:01:42):
Have you heard of this? I have heard of this. Okay, cool,
so it's not as wild as I thought it could be.

Speaker 3 (01:01:46):
But for those of you who maybe haven't heard of it,
brain Chip is a Aussie tech company and they are
building brain inspired AI chips called a Kida and it's
designed to essentially help smart devices then think for themselves
without the need for the.

Speaker 2 (01:02:05):
Cloud, so at the moment self sufficient. Yeah. Yeah, and
so it's getting innovation. Well that's why I picked it.
You're very smart.

Speaker 3 (01:02:13):
They've got on rainship you to be kind of thinking.
These chips are going to be faster, they're going to
be more energy efficient. There's like giving a friendly Yeah.

Speaker 2 (01:02:22):
You know how we chat GBT. We're talking about it
every time you see exactly, So a.

Speaker 3 (01:02:26):
Lot of people are kind of looking at this, going, oh,
this might be the way forward because they're kind of
self sufficient. The stock price, I would say, exploded during
the AI hype that happened like way back in what
twenty twenty two, like late twenty twenty two, twenty twenty three,
and it went from costing twenty cents for share to
two dollars forty But yeah.

Speaker 2 (01:02:48):
Drop back down. Yeah, I'm seeing so like, can you
not google it while I'm just google it?

Speaker 1 (01:02:53):
Yeah?

Speaker 3 (01:02:53):
I know, because like it makes me look bad. I'm
trying to like tell a story.

Speaker 2 (01:02:56):
In five years, it's looking better. That's why it's a
wild card. Okay, soon you walk up my so DOWND
eighty nine percent, so I can't. Okay, this is why
we haven't purchased. But we're so in next year.

Speaker 4 (01:03:06):
We're going to come back this time next year, we're
going to check how they're going, and hopefully we are.

Speaker 2 (01:03:10):
We oracles. Oracles call me Warren can Warren.

Speaker 3 (01:03:15):
But I think the tech sounds really futuristic. But the
problem with their company is that they're just burning so
much cash.

Speaker 2 (01:03:23):
You have to in like a software in tech space,
you have to burn cash to make cash. They're investing
in the company, right, Ye, I see it.

Speaker 3 (01:03:30):
I see the kids like classic promising tech and that's why.

Speaker 2 (01:03:33):
It's either going to it's going to pay off or
it's not.

Speaker 3 (01:03:35):
Yeah, and it's twenty two when everyone was like, oh
my god, this is the next big thing.

Speaker 2 (01:03:39):
They all brought in because of hype.

Speaker 3 (01:03:41):
They didn't buy in because they looked at the on
your reports and then they realized that, oh, this share
doesn't pay dividends, Oh this share is actually a money pit?

Speaker 2 (01:03:49):
What's going on?

Speaker 3 (01:03:50):
And they didn't understand it enough, so it dropped back
down as people sold off. But I think the challenge
for them now is, Okay, you've put a lot of
money into this that clearly is kind to payoff. Yeah,
Like can you now make money from this? Like can
you sell it? So I guess today the stock price
is still like circling about twenty cents. What was it

(01:04:10):
when you looked it up? Well, I looked at the
year today if I did these notes yesterday, Yeah, so the.

Speaker 4 (01:04:15):
Share price today is at zero point. That's twenty cents. Yeah,
and it's down year today fifty five percent, but you
know what, we believe in her still and in five
years it's up eleven percent. So it's up point Yeah,
it's up two cents feive years. It's you know, you're
making money.

Speaker 3 (01:04:32):
The Queen is where she started. She started at twenty cents,
she's back at twenty cents. And I think it's a
good reminder for all of us if we are planning
on investing in emerging tech, Like it's not just betting
on innovation. You're betting on like a company and their
ability to have a CEO who can manage cash flow.
I have a CEO who can make decisions around marketing

(01:04:55):
and branding and getting more than just innovation.

Speaker 2 (01:04:57):
There's so much more that goes into business.

Speaker 3 (01:04:59):
Yeah, like you're betting like I don't know, timing and execution, because.

Speaker 4 (01:05:02):
These they could become the market leader, like right now
like Chat, GBT, open Ai, that's the market leader. But
if someone innovates them, they then become, you know, the
market leader. And that's what they're trying to do. So
it's like okay, right now they might be burning through cash,
but if you bought it, right now and then suddenly
tomorrow they say.

Speaker 2 (01:05:19):
Wow, we've done it. It's all working. It costs x
amount less. It's doing this. The stock price could be
up like seven thousand percent tomorrow, but we don't know.

Speaker 3 (01:05:26):
Yeah, and we don't know what we don't know. But
I think it's like, guys, you have some pretty cool ideas.
I'm watching and I'm like sitting back going can you
make this make money?

Speaker 4 (01:05:36):
Like?

Speaker 2 (01:05:36):
Can you turn your cool ideas into revenues giving.

Speaker 4 (01:05:39):
Penny stock in the best way We're getting to watch
on it, Maybe that they can do it.

Speaker 3 (01:05:43):
Just because you've got a cool idea doesn't mean you
can make nice.

Speaker 2 (01:05:45):
If you've got to be like that's the hugest. Yeah,
people can start with ideas every day. And if you
listen to how should I invest in AI?

Speaker 3 (01:05:53):
Episode, I think you'll remember when we said we're at
the show don't tell moment for a lot of these
like AI companies, And that's kind of where brain Chip
is at at the moment.

Speaker 2 (01:06:04):
So like they're like just trying their best. Okay, and
I'm watching six the August next year, we'll have to check.

Speaker 3 (01:06:11):
In, but like, I haven't invested in this. In fact,
I like it's going to take a fair bit. Maybe
we'll put five dollars in not even.

Speaker 2 (01:06:18):
Going to do that.

Speaker 3 (01:06:18):
I'm like, well, if I've got five bucks to invest,
is it going to be in brain Chep.

Speaker 2 (01:06:23):
Probably not.

Speaker 3 (01:06:23):
It's probably going to be in Adoor Beauty because you
sold it so well. But no, I would just dump
it into it, That's right. Yeah, So there's a few
things I'd want to see from brain Chep if I
was to invest, So like, I'd want to see consistent
revenue growth so you don't have to like outperform what
you've spent, but like, I just want to see that growth.

Speaker 2 (01:06:42):
Yeah, You're going to wait a couple more earnings reports
to see whether that aligns to your values.

Speaker 3 (01:06:46):
Also, like great technology like a Kida, a Kaida or whatever.
I'm sorry, which which products is it in yet? Like
I want to see it in some big names, Like
I want to see it feeling used. I want to
see them collaborating with big companies. I want like, you know,
if Amazon picked it up and said, oh, we've put
this in our Echo.

Speaker 4 (01:07:05):
Perfect, do you know what I mean, I'd be like,
oh shit, then's then those are the things available. If
that was in an echo tomorrow, then the stock price
will go up exactly.

Speaker 2 (01:07:13):
You don't know until exactly.

Speaker 3 (01:07:14):
And like at the moment, if you look at that
and your report, they're like burning through cash more than
what they're making. And I would like to not just
see them have revenue growth, but like where's your plan
for a pust to profitability?

Speaker 2 (01:07:29):
Like at what point where's your yellow brick road?

Speaker 3 (01:07:31):
Yeah, and like they might say, oh, it's still like
seven years off, but at the seven year point, like
we know because like we've been doing this and we're
proving this as well, it's going yeah, And then I
guess execution milestones they haven't really like they're all like
we've got cool.

Speaker 2 (01:07:45):
Ideas and we're doing cool things.

Speaker 3 (01:07:46):
And like I think that's where that that jumped to
two dollars forty happened because people are like, oh, that
sounds sick, but like, are you hitting your delivery targets?
Can you please start reporting on those? Are you actually
getting this hardware that you're building and innovating on how
many are you sending out? If so, were like, it
doesn't have to be in something that I know of,
but like it could be a coffee machine. But people

(01:08:07):
buying this shit because I can't see people buying this
MoU also, and I also want to see they're talking
about a lot of tools that they're going to release,
but they haven't released, so like.

Speaker 2 (01:08:15):
It's all talk, no walk. Yeah, so I guess I
watch just.

Speaker 3 (01:08:20):
For reaching them, and that's why they're a bit of
a wild card.

Speaker 2 (01:08:22):
But we will just these, I will track them.

Speaker 4 (01:08:24):
I'll pop them in all in a spreadsheet today with
the price, and then in a year's time we'll come back.

Speaker 3 (01:08:29):
And see how they've did for that, because like I'll
be like, yeah, a brain ship and a coffee machine, like.

Speaker 2 (01:08:35):
And I've gone from will see for me costco on
indoor beauty. Honestly, they're way more from really sexy. All right.
I feel like we've been yapping for ages.

Speaker 3 (01:08:43):
Thank you so much for coming back on the show
letting me, I guess, peek inside that very well researched
brain of yours. I feel like you and I are
on the same page. This is why we're always like
have you seen Rebel?

Speaker 2 (01:08:52):
Have you seen this? We're in a wed parallel of crazy,
like you know.

Speaker 3 (01:08:55):
When people so like my best friend Harriet and I
like we send each other TikTok videos of ducks and food,
and then there's you and I sending each other tiktoks
on na video.

Speaker 4 (01:09:06):
Just random things. Okay, it's an interesting life and the guard.
If anyone works to the garden and wants to send
us on the gun.

Speaker 3 (01:09:11):
Please, Honestly, I was very confused. You didn't pick a
train company.

Speaker 2 (01:09:14):
I would pick a.

Speaker 4 (01:09:15):
Train company, but it's not my journey at the moment,
but you will journey on a train. I would love
to journey on a train.

Speaker 3 (01:09:20):
All right, Well, guys, don't worry. We are absolutely not
done yet on this topic. We have a whole heap
more investing episodes coming up with Brooke. Because sorry, the
second you guys were so excited about the first episode,
I was like, why aren't we capitalizing on this? Get
Brooke on, you do more investing content because clearly.

Speaker 2 (01:09:38):
Sorry, you've shown that you've got the range.

Speaker 3 (01:09:41):
And if you loved this chat, please make sure that
you're following our shiro, that you are leaving nice little
reviews and.

Speaker 2 (01:09:47):
Send us some DMS of questions.

Speaker 3 (01:09:48):
Yes, please, Like if you are interested in chats like these,
and you got to the end of this episode and
you're like, hey, yes, I want more and you've got questions,
tell us what you want to hear, and also keep
your eye on the.

Speaker 2 (01:09:58):
Feed for any new job. And guys, I'll see you
on Friday. Buye Divas by.

Speaker 5 (01:10:09):
The advice shared on She's on the Money is general
in nature and does not consider your individual circumstances. She's
on the Money exists purely for educational purposes and should
not be relied upon to make an investment or financial decision.
If you do choose to buy a financial product, read
the PDS TMD and obtain appropriate financial advice tailored towards

(01:10:30):
your needs. Victoria Divine and She's on the Money are
authorized representatives of Money Sherper Pty Ltd ABN three two
one IS six four nine two seven seven zero eight
AFSL four five one two eight nine

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