EM Chat: Exciting News For Equity Mates!

Bryce Leske: [00:01:28] Welcome to another episode of Equity Mates, a podcast that follows our journey of investing, we break down the world of investing from beginning to dividend so that you can hopefully make some returns. My name is Bryce and as always, I'm joined by my equity buddy Ren. How's it going, Bro? [00:01:42][14.1]

Alec Renehan: [00:01:43] I'm good Bryce. This is a big, big episode. Not so much for what we're going to talk about for the milestone that it represents. [00:01:53][10.0]

Bryce Leske: [00:01:54] Yes. I mean, if there is one episode that you say that you're excited this would be. [00:01:58][4.0]

Alec Renehan: [00:02:01] true. But, you know, you change your intro. So I committed to stop saying I was excited as much. But rest assured, I am very excited for what we're going to talk about. [00:02:10][9.1]

Bryce Leske: [00:02:11] Yeah, I mean, this is going to be a reasonably short and sharp episode, but it's a very momentous occasion for us Ren. And that is because as of today, both you and I are now officially full time Equity Mates its incredible. [00:02:26][15.4]

Alec Renehan: [00:02:28] It is. It's been, what, three and a half years coming? [00:02:30][2.2]

Bryce Leske: [00:02:31] Three and a half years coming. You've been out of action. Well, sorry, out of the corporate workforce now for about a month or so. And as of last Friday, I have joined you full time in Equity Mates. And I think firstly, it's a massive thank you to the Equity Mates community for, I guess, allowing us to make this decision and helping us to grow the podcast in the community to where it is today. If it weren't for you guys out there, your continued support over the last three and a half, four years, Alec and I would very much still be doing this as a side hustle bit. Yeah, massive. Thank you. [00:03:05][34.3]

Alec Renehan: [00:03:05] Yeah. Yeah, it's been unreal. It's crazy to think when we started this, we definitely didn't expect to be able to quit our jobs. We didn't really know if podcasting would. There would be much to podcasting, really. So yeah, it's been pretty exciting. And really this is just the beginning, I guess part of the. Well yeah. Yeah. I mean, you know, part of us going full time Equity Mates is we want to really build out, I guess, the stable of content, what do you call it, the content ecosystem. [00:03:34][28.3]

Bryce Leske: [00:03:35] That's right. Ren So the ecosystem, we have a few ideas in the pipeline. Do you want to share, I guess, what is next for Equity Mates? That's probably what everyone is wondering. What quitting our jobs. We're not just going to be continuing down the path that we are. So are you able to shed some light on what we've got planned? [00:03:52][17.1]

Alec Renehan: [00:03:53] Yeah, well, as people may have seen on social media, we're writing a book. Yeah, yeah. We're trying to take everything we've learned over the last three and a half years, trying to take the messages and the lessons from all the experts we've spoken to and really distill it down into a book. And I guess as part of that, we want to feature as many voices from the community as possible. So we've posted some links to a survey on Facebook and Instagram. You know, if people haven't seen them or haven't filled out surveys, it would be much appreciated if you could. But also just hit us up on, you know, Instagram messages or Facebook message or email or whatever. If you've got any thoughts about what you would have loved to read, what you would have loved to know when you started investing, because we really want to make this a book for the next generation of Australian investors and hopefully the next generation of Equity Mates to hit the ground running and learn what we all wish we could have learned when we started. So, yeah, first cab off the rank is a book, but what else is coming? Well, I [00:04:56][63.0]

Bryce Leske: [00:04:56] mean, if a book wasn't enough, we've decided as well that there are some more opportunities to, I guess, launch a few new shows over the next coming months and into the new year. So keep an eye out for those. We've identified some areas within the investing community, within our community and more broadly, I guess within Australia that we think we can help to add some value to everybody's investing journey. And I guess I just want to reiterate Ren that that is what Equity Mates is all about. We are on the journey with all of you together, very much going through this as one our mission, I guess it Equity Mates is to make markets as accessible as possible. So to echo Ren point, we do appreciate all of your feedback. And if you want to get involved in the show as well, we're always open to that. As you would have heard over the last number of weeks, we've been getting members from the community on to help us with the industry deep dives or to pitch some stock ideas. So do hit us up on all of the social channels or via Contact@equitymates.com if you would like to come on the show as well, because we want to make this as much about the community as possible. So pretty exciting times Ren. We're pretty stoked. [00:06:03][67.1]

Alec Renehan: [00:06:04] And we are. We are last but not least in terms of the major pieces of work that we're going to embark on sooner rather than later is we're going to finally fix up our damn website. We hear the feedback that it's pretty average. Trust us, we know it's pretty average and below average all day minus. Oh, close to close to. Great website, but we know that there's an opportunity to not just do audio content and the written content and help people learn more about the stock market in otherwise other than through the podcast. So we're going to get people who are a bit better than us, who are bit better designers and bit better technically than us to make the website a little bit better. So trust us, we hear your feedback and we have quit our jobs to give ourselves the time to act on that feedback. [00:06:52][47.7]

Bryce Leske: [00:06:53] Yeah, I mean, exciting, nerve wracking times. I mean, you know, we never would have thought that we'd be in this position four years ago. So let's hope that the next four years are even bigger and better for Equity Mates. If there is one thing that we ask from the community to support us, we are doing all of this content for you guys for free. So please, if you are able to at least go on and write and review our shows, both get started investing and also the Equity Mates investing podcast, that does go a long way to helping people find us through their podcast platforms. So that's probably one thing we asked you to do if you have the time to do so. [00:07:28][34.4]

Alec Renehan: [00:07:28] If you don't have anything nice to say about us in the comments, just give us five stars and then. Right, how much of an idiot you think we are quitting our jobs? That's fine. But just put the five stars in. [00:07:39][10.4]

Bryce Leske: [00:07:40] We'll take it up with us personally. We're like minded. [00:07:42][1.7]

Alec Renehan: [00:07:44] So Bryce, obviously, to this point, this episode's being quite self-serving, it's just really been talking about our lives and what we're doing. But I guess as part of going full time, we'll have more time to do research, right? Investing pork's look at individual stocks and stuff that we may not have otherwise been able to do when we were riding the inbox for nine hours a day at our respective day jobs. I guess the question is, what are you going to do with all your free time? [00:08:12][27.4]

Bryce Leske: [00:08:12] All Ren? I think we're going to have some free time. I don't think I could have any free time. I don't know what you think you're going to be doing. And I'm a bit worried that you think you just quit and going to have all of this free time to be flying around in the book section. [00:08:27][14.6]

Alec Renehan: [00:08:29] I don't know. I've signed up for the PlayStation five prerelease. I got to remember to sign up for a few titties. [00:08:37][8.3]

Bryce Leske: [00:08:41] Well while you are reading and going for ocean swims at midday, I'm going to be your buddy running this business. No, look, I know what you're saying. And it's interesting you say that because I've actually felt over the last sort of six months to 12 months that whilst we are doing an investing podcast, so much time and energy has been poured into, I guess, all of the business side of what we're doing, because at the moment it is very much still you and me. And we've got a couple of others helping us now, which is great. But I feel like the investing side has actually taken a bit of a backseat. I don't know about you, but I am looking forward to having more time to dedicate and I guess share more of my journey with the community. I know you're going to raise your eyebrows at this, but I'm actually pretty interested at the moment with all of this chat around what is going on with global central banks and the debasement of currencies, debasement of currencies and the role that crypto is going to play [00:09:36][55.1]

Alec Renehan: [00:09:39] your portfolio in 10 years is going to be 33 percent bitcoin, 33 percent gold and 33 percent productive agricultural land. I can say you've got about Afterpay right now. [00:09:50][10.9]

Bryce Leske: [00:09:53] So, look, I'm not suggesting that I'm investing in any of the crypto at the moment. I do have some exposure to the Bitcoin, the Bitcoin, to Bitcoin. But it's just there's just so much unknown in what is happening at the moment. So I'm really trying to get my head around the macro side of things, particularly with the role that central banks are playing, but also what they want to be doing going forward. A number of the central banks have just come out to say that they are looking at their own sort of crypto currencies. And what is that going to mean for fiscal and monetary policy and all this sort of stuff? So, yeah, I think that's going to be not my focus, but I'm interested to very much learn more about it. And we also talk about our circle of competence. And I'm looking forward to spending some time over the next 12 months or so, I guess, building my circles of competence, particularly, you know, we had an awesome interview last night to do with the cloud industry. And there's just so much of that space that I would love to understand more about and also that sort of biotech space as well. So looking forward to having time to to expand my circles of confidence. [00:10:52][59.7]

Alec Renehan: [00:10:53] What about you are talking about getting deeper on crypto? Just made me think of one of my favorite well, one of my old favorite investing podcast from overseas that one of the hosts has just basically done a hard 180 from equities investing to Bitcoin investing. [00:11:10][16.7]

Bryce Leske: [00:11:11] Is this tape? [00:11:11][0.3]

Alec Renehan: [00:11:12] Yeah, well, I wasn't I wasn't going to name check them, but I'm going to make sure that you don't fall down that rabbit hole if you want to. If you want to spend more than 50 percent of any show talking about crypto, I'm going to insist you do a spinoff podcast. Bryce is Bitcoin, Ben. So we could pull it. [00:11:29][16.8]

Bryce Leske: [00:11:30] I would commit to staying true to the equity side of things. Obviously, I love that space. But, you know, we're we're very transparent on this show and we don't try and push people down ways of thinking. We try to introduce as many different ways of thinking as possible. So I'm just sharing where I'm at at the moment. What about you, Ren? [00:11:48][17.8]

Alec Renehan: [00:11:48] Well, yeah, look, I'm just excited to get back into or get more into the stock research side of things. As you said, we've been focused on getting this podcast to a point where we could take it full time. And, you know, we've also been doing a lot of content around ETFs and all of that stuff. And they're always going to be an important part of my investing mix. But I have found that I have a propensity to get sucked into what's hot at the moment. And, you know, I'm really looking forward to spending some time just really researching companies that are going to be around in twenty years, have a strong moat that will be able to take their profits and compound for a long period of time. That style of investing that we always talk about really doubling down on that and focusing on that rather than what's in the news at the moment and what's what's hot at the moment. So I think, yeah, that's going to be a big one. I also want to do some more written stuff and get that up on the Equity Mates website, I think. There's a big opportunity that we're writing and what we're thinking, but also to get some of the voices from the Equity Mates community up on the website and really start some conversations that way. So, yeah, honestly, I'm just looking forward to not having to work for, you know, hundreds of work related emails a day for you will. [00:13:02][73.9]

Bryce Leske: [00:13:02] But they'll be Equity Mates, Bryce one Ren will. Look, as we said, this is a short and sharp episode today and we will get stuck back into some more meaty stuff next week. We've got some amazing interviews coming up over the next coming weeks as well. We've got the Hearts and Minds conference, and so please join us on that if you can. Got some awesome guests, as I said. So stay tuned. Heading into the pointy end of the season, as they say in AFL, and then we'll be going into our summer series that we always do over Christmas, where we deep dove into a number of stocks that will be crowd sourced from the community. So keep your eye out for that as well. But Ren, look, congratulations. Probably a huge effort. Let's see what happens over the next 12 months, 24 months. And look, we really appreciate the support from the community. So I guess more so now than ever is when we will require your support to help us keep the lights on and, you know, fuel Ren investing addiction's. [00:13:55][53.1]

Alec Renehan: [00:13:56] So you'll Crypto addiction and your gambling addict. [00:14:01][5.1]

Bryce Leske: [00:14:01] I know I was waiting for that, but no gambling. But anyway, Ren will chat next week and looking forward to seeing how this all plays out. [00:14:10][8.9]

Alec Renehan: [00:14:11] Yeah, very much. Looking forward to seeing how it plays out. Hopefully we're not going to need to apply for a job seeker in the next six months or, you know, go hand in hand back to our old jobs and beg for those positions. But we're going with the parents. [00:14:24][13.1]

Bryce Leske: [00:14:26] All right. We'll talk next week. [00:14:27][0.9]

Alec Renehan: [00:14:28] Sounds good. [00:14:28][0.0]

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