Community Spotlight: How Tash Invests is Making Her Dreams of Financial Independence by 35 a Reality

Bryce: [00:01:10] Welcome to get started investing in this podcast, we cover all the basics you need to start your investing journey. We unpack all the jargon, the confusing bits here, your investing stories, and have a good time along the way. As always, I am joined by my Equity Mate Ren. By the way, my name is Bryce. [00:01:28][17.6]

Alec: [00:01:31] I think Bryce is a little bit nervous for this episode because for the last two years you've been saying you want to be a financial influencer. That's how you introduce yourself. That's how you want to be known. [00:01:41][9.4]

Bryce: [00:01:42] I think we are financial influencers [00:01:43][1.5]

Alec: [00:01:43] and today in the studio with us, we have a real financial influencer. So I feel like you're a bit nervous and that's why you screwed up the intro. [00:01:51][7.8]

Bryce: [00:01:52] Well, look, we'll take it. But yes, part of the Get Started Investing feed podcast is to get community members and others that are on their money journey to join us in the studio. So it is our pleasure to welcome Natasha Etchman to the studio. Thank you so much. [00:02:07][15.1]

Tash: [00:02:08] Good. What a cool intro, an actual financial influencer. [00:02:10][2.6]

Tash: [00:02:11] I love that. [00:02:12][0.5]

Alec: [00:02:13] I don't know if that's what you call yourself, but I think I think that's a fair, fair summary. [00:02:18][5.0]

Tash: [00:02:18] Yeah, I think so. It's interesting, like everyone else calls me that, but I still don't feel like it. But we'll go with it. Okay. [00:02:23][4.9]

Tash: [00:02:23] Okay. [00:02:23][0.0]

Bryce: [00:02:24] So Tash, you are otherwise known as TashInvests on Instagram Tik-tok. . [00:02:31][7.3]

Tash: [00:02:31] Yeah, I've got a website, Youtube coming soon but just Tik-tok and Instagram for now. [00:02:35][3.7]

Bryce: [00:02:36] Nice. Nice. So we've been following what you've been doing for a while and you're also part of the Equity Mates community. And as I said, we wanted to get you one to unpack your finance and money journey and how you're approaching everything to do with that at the moment. And then also we've got some questions for your community about Equity Mates that we'll touch on as well. [00:03:00][24.0]

Tash: [00:03:00] Yeah, sounds awesome. Nice. [00:03:01][0.9]

Alec: [00:03:02] So we we've been starting these interviews with a bit of a true or false game just to bust some myths about investing. So are you all for playing? [00:03:11][9.0]

Tash: [00:03:11] Yeah, definitely. [00:03:12][0.4]

Alec: [00:03:12] OK, so Tash, true or false, your very first investment has been your most successful. [00:03:18][5.4]

Tash: [00:03:19] Actually true. My first investment was really good. I bought an S&P 500 index and I was eighteen and that's done really well. So yeah. [00:03:26][7.1]

Tash: [00:03:27] So we, you [00:03:29][2.9]

Alec: [00:03:30] know, expert interviews, we often ask people's first investments and there's a lot of bad stories, not so many good ones. So I think you're doing better than a lot of the experts. [00:03:38][8.6]

Tash: [00:03:39] Yeah, investment. I didn't know what I was doing, so it was really, really lucky, but. Yeah. [00:03:43][4.1]

Tash: [00:03:43] And how old are you now. [00:03:44][0.7]

Tash: [00:03:44] Twenty three. [00:03:45][0.3]

Bryce: [00:03:45] Nice. True or false. You had a strategy in place before you started investing. [00:03:51][5.5]

Tash: [00:03:51] False. Definitely false. I had no idea what I was doing. I thought I've got so many ETFs like my portfolio is a bit of a mess but we're fixing it now. Nice. [00:04:00][8.8]

Tash: [00:04:01] Yeah. [00:04:01][0.0]

Alec: [00:04:02] True or false. You stayed with the same broker since day one. [00:04:06][3.6]

Tash: [00:04:06] False. I've got a brokerage account with literally every broker under the sun, so yeah, [00:04:11][4.3]

Tash: [00:04:12] there's like thirty brokers. And I think [00:04:15][3.2]

Tash: [00:04:15] that's why my Instagram did well because I was reviewing all the brokers being like this is what I think and these are the pros and cons I've got like actual knowledge of it. But yeah, I've got one now. I think I've settled. [00:04:24][8.6]

Bryce: [00:04:24] You've consolidated. [00:04:24][0.2]

Tash: [00:04:25] Yeah. Yeah. No, not quite sure. [00:04:27][2.0]

Alec: [00:04:28] Are you really after that Deep Dive on all of them. Are you willing to say which was your favourite. [00:04:32][4.3]

Tash: [00:04:33] I'm using Peller at the moment and they're my favourite. I used I've yeah. Comsec was good for a little while, especially when they brought out Comsec pocket. I found that really fun. But I'm using a loving Peller at the moment because I'm OK. It was long term investors, which is what I am, and I've got like a really fun community too. So it's a lot of fun. [00:04:49][15.7]

Bryce: [00:04:49] Yeah, nice. And to close it out, Truffaut's is investing as hard as you thought before you started false. [00:04:57][7.9]

Tash: [00:04:57] It's so much easier. I imagined it being really hard, but now I want to understand the basics. It's easy. Buy and hold forever. [00:05:03][5.4]

Alec: [00:05:05] No, that's [00:05:05][0.6]

Bryce: [00:05:06] it. Conversation. Yeah. [00:05:07][1.1]

Alec: [00:05:08] So to us, we started this conversation by labelling you a financial influence. Um, but maybe let's take a step back. Can you tell us sort of who you are and how you came to start to invest. [00:05:23][14.7]

Tash: [00:05:23] Yeah, sorry [00:05:23][0.3]

Tash: [00:05:24] I'm twenty three. I live in Perth and I work as a support worker and I'm studying occupational therapy. So completely unfinance related. I've always been really good with money. I guess my friends have always asked me questions about it and I saw heaps of people in the US creating finance accounts and I was like, oh, there's not really like people in Australia doing this. So I decided just to give it a go and then it did really well. It turns out people find my money pretty interesting, which I never, never thought would happen. Yeah, but it's been really cool. [00:05:49][25.7]

Bryce: [00:05:50] And so what's the premise of Tasch investing? You say people find your money interesting. How are they finding your money? Interesting. Are you putting it up online. [00:05:57][6.3]

Tash: [00:05:57] What's Yeah. Talk to. [00:05:58][1.3]

Tash: [00:05:59] So I pretty much I'm super open. I share what I own, how I say what I invest in, what my money goals are. And I think because money still really taboo these days, people don't really talk about it that openly. So I openly like. Doing that, I thought dates. How much I'm investing, share what I'm spending. Yeah, people loved when I shared what I earned as well. So, yeah, just opening the conversation around money. [00:06:17][18.5]

Alec: [00:06:17] Nice, nice, nice. Bryce can't do that because his spending habits are a little bit taboo, like gambling. [00:06:24][6.4]

Tash: [00:06:24] And I had a few [00:06:29][4.1]

Tash: [00:06:29] months where I've missed it and I've been like, oh no, I haven't tracked it this month. What a [00:06:32][3.3]

Tash: [00:06:32] shame. [00:06:32][0.0]

Tash: [00:06:34] No golf today. [00:06:34][0.5]

Alec: [00:06:36] So you said you bought your first ATFP when you were 18. I guess how what was your journey to that point like it was investing something you always wanted to start, or did you just do it on a whim or. [00:06:48][12.2]

Tash: [00:06:49] My parents have always been property investors. Um, so my goal initially was to buy a house, but I had to save for a deposit, obviously. So I just told me to buy it and I was like, I think I'll buy it. And then I started Googling stuff and like, it turns out it worked really well. But I've always been interested in, like, money and like building wealth, especially because I kind of had I had two sides to my family, like one that was really wealthy and one that was not so wealthy. And I kind of identified like where I wanted to be in life. Yeah. [00:07:14][25.7]

Bryce: [00:07:15] Yeah. And so you mentioned investing goals and we've spoken about this in part of our Get Started Investing feed sort of 12 part series. But everyone has different investing goals. Some people it's to save for a house, others it's to build long term wealth. What are your investing goals and how are you working towards them? [00:07:32][17.7]

Tash: [00:07:33] Yeah, I kind of just want financial freedom in general. I want to my goal at the moment is to build a million dollar share portfolio. But my reasoning behind that is because I love the freedom and choice that comes with having money and I change my mind all the time. So I want to have the freedom to jump between jobs and to travel and to do whatever I want, really. That's my goal at the moment. They say people criticise it and like, oh, a million dollars isn't enough, but we'll work towards a million and then reassess. And I [00:07:55][22.3]

Alec: [00:07:56] if it's not enough, it's definitely [00:07:57][1.0]

Tash: [00:07:58] good stuff. Yeah, I [00:07:59][0.8]

Tash: [00:07:59] also knew people saying, like, you can't live off that. And it's like, what? Do you set one goal and then never reassess your goals ever again. [00:08:03][4.5]

Bryce: [00:08:04] Do you classify superannuation in that million? [00:08:06][2.1]

Tash: [00:08:06] No, no. I want to like my current projection is I want to have it. I'm like thirty five so. Yeah. So if it's a lot further off from that [00:08:13][6.9]

Alec: [00:08:14] it's thirty five. [00:08:14][0.5]

Bryce: [00:08:15] Are you following a fire strategy. [00:08:16][1.1]

Tash: [00:08:17] I guess so, but I don't really like, like the super frugal aspect of fire. I'd like to retire. I leave you to fire like I really love working and I love my job. I just want the freedom to change jobs and for work to be fun and like something that adds value to my life instead of something you need to survive, because that seems really stressful. So, like, I kind of want the financial independence official. [00:08:34][17.3]

Alec: [00:08:35] Yeah, I love that. That definitely resonates with me. Yeah. I don't think I would ever stop working and sit on a page. [00:08:41][5.5]

Bryce: [00:08:41] The funny thing is Ren does live a frugal life because he only has one [00:08:44][3.1]

Tash: [00:08:45] on one show, but I'm not sure where his money is in stocks. [00:08:50][4.3]

Alec: [00:08:52] So you first invested when you were 18. How long after that did you start to invest? And what's the I guess what's the journey been, you know, building up that community? [00:09:03][11.2]

Tash: [00:09:04] Yeah, some of my first investment, I had no idea what I was doing, so I just bought it. And then I left it sitting there being like, oh, I'll see what happens and if I lose all my money. And then I saved my apartment last year. Yeah, that sort of lost you, like during Covid. And then I started to invest a few months after that. So was like six, seven months ago now. Um, yeah. It seemed like insane since I started it. It's been a crazy journey. [00:09:24][19.7]

Bryce: [00:09:25] You made the newspaper, right? [00:09:26][1.0]

Tash: [00:09:26] Yeah. The West Australian. Crazy for being and tik-tok. [00:09:29][2.6]

Alec: [00:09:31] Yeah. That is interesting. So I guess in terms of the community you've built, um, what are some of the key I guess like money challenges and invest and, you know, barriers to investing that you that you hear over and over again? [00:09:42][11.7]

Tash: [00:09:43] The question I always get is like, why do I start and like basic stuff as well, like what is investing? What is an ETF? What is index funds? Like what is compound interest? I feel like there's so much information out there. People don't know exactly where to start and there's so many like conflicting like theories and ways to invest as well as people like, oh, some people buying index funds and other people are buying Tesla, like what do I do? So you see, I just over and over again, where do I start [00:10:05][22.4]

Alec: [00:10:06] and how do you answer that question? [00:10:07][0.8]

Tash: [00:10:08] Oh, these podcasts you so you seem to argue all the time. I always like I'll switch resources and I'm always like, oh Equity Mates is amazing. And like my lunch money was amazing as well. If people just ask again, it's like, no, no, I listen to the whole podcast and then come back. [00:10:21][13.5]

Bryce: [00:10:22] Yeah, yeah, yeah. So before we jump into some questions from your community that I think would be good if we sort of both try and answer. [00:10:31][9.4]

Bryce: [00:11:46] So, Tash, you have reached out to your community to ask questions for this interview, both for for us, and I think they're going to be a good conversation for us to have with you. Um, and then you've also got some questions from your side as well. So do you want to kick off kick off the questions? [00:12:08][21.2]

Tash: [00:12:08] Yes. The first one was, what are some of your more risky investments? [00:12:11][2.8]

Alec: [00:12:13] Well, I mean, I know you're risky as one Bitcoin, so we both own Bitcoin, but I own it as like what if I'm wrong? There's a lot of smart people that believe in it. So it's a very small percentage of my portfolio in terms of other risky stocks. I've cleared out most of like I think everyone has a like a specky phase in their life where they try and invest in, you know, tiny caps at the tiny micro-cap stocks that I think are going to do incredibly well. I think I've I've grown up a bit and I've moved on from that phase. And so I've cleared most of them out now. So, um, probably crypto is the main one. There's some emerging market stuff, but yeah, probably crypto. [00:12:57][44.3]

Bryce: [00:12:58] Yeah. Something I would like to get more involved in somehow is the pre IPO stuff, get some money in before they go boom on the stock market. But getting access to that is pretty tricky. So it's bitcoin for me. Yeah. [00:13:11][13.6]

Tash: [00:13:12] What about yourself. [00:13:13][0.3]

Tash: [00:13:13] Oh I bought an inverse leveraged ETF like back during Covid and I managed to buy it at the bottom of Covid. Oh yes. I lost like I feel like I grindings. I was faking it. I was like, oh, I'm a great investor. I made heaps of money. So three eight grand and a lot like six K pretty quickly. But that's fine. I'm yet to buy bitcoin [00:13:31][17.2]

Bryce: [00:13:31] that the boss. [00:13:33][2.0]

Tash: [00:13:34] Yeah. BBO.Z. [00:13:35][0.5]

Tash: [00:13:36] Yeah, yeah, yeah, yeah. [00:13:37][1.7]

Tash: [00:13:39] I still hold some of it. It's like I've lost so much like a tin. Just hedge my portfolio for now I guess. [00:13:43][4.0]

Bryce: [00:13:43] But yeah I mean that's a learning to have to be honest. Like people in our community when we hit covid tried to time the market with a lot of these inverse ETFs. And for me, you've got to you've got to be in the position before the market goes bust. Otherwise you're literally just trying to time the bottom of the market and it can. We saw what happened. It turned so quickly, so good learning to have, I think. [00:14:08][25.0]

Tash: [00:14:09] Yeah, definitely. When I didn't have as much money I could could imagine if that Covid happened in a few more years and I had a lot more money to play with. That could have been very tragic, but yeah. It's good. Yeah. [00:14:17][8.1]

Alec: [00:14:17] Nice. Uh, do you have another question. [00:14:20][2.6]

Tash: [00:14:20] Yes. [00:14:20][0.0]

Tash: [00:14:21] Um, what are the pros and cons of stock buybacks? Are they good for companies? [00:14:24][3.3]

Alec: [00:14:26] Is this, uh, this opens a real can of worms. [00:14:28][2.1]

Bryce: [00:14:29] Let's make them very base. [00:14:29][0.9]

Alec: [00:14:30] Let you answer this for [00:14:31][0.9]

Tash: [00:14:31] want to hear your answer. Yeah. [00:14:32][1.0]

Alec: [00:14:34] Yeah. Let's keep it simple. So the stock buybacks, uh, in theory, a good way to return money to shareholders. They're more tax efficient than paying dividends in Australia. We have franking credits which make dividends more tax efficient. So for people who are unfamiliar, the company gets taxed when they make a profit in Australia and then we get taxed when we get paid that profit by the company through dividends. Australia reimburses us for that, but most other places in the world don't. So that's why I, like a lot of us companies, do stock buybacks, because when they're buying their own stocks, it's more tax efficient for their investors. So that's the theory. There's a whole bunch of companies in America like Boeing, Caterpillar, stuff like that, who would just taking out heaps of debt to fund buybacks. That's where it gets a little bit, uh, controversial. And it's like you're changing your capital structure. It may not make so much sense, but let's not get into that, I think. Yeah. Yeah. So in theory, they're good in theory, yeah. But there's a lot of them those days. Sorry, you started. I mean [00:15:35][60.6]

Tash: [00:15:35] not only that, [00:15:36][0.6]

Alec: [00:15:38] but they're not universally good or universally bad. If a stock is undervalued in the companies buying it back, that's a great use of the company's money. If a stock is overvalued and IT companies buying back shares, that's not a good use of the money that you have a claim to as an investor. [00:15:53][15.6]

Bryce: [00:15:54] Yeah, yeah. [00:15:55][0.3]

Tash: [00:15:55] Perfect stock gave it that [00:15:59][4.3]

Tash: [00:16:02] I had one about Equity Mates is now valued at a million dollars. I thought like an AFA article that came out. Congrats. Did you ever think it would grow to where it is today. [00:16:09][7.6]

Bryce: [00:16:10] It was a very generous headline. [00:16:11][0.9]

Tash: [00:16:14] Yeah, yeah. [00:16:14][0.3]

Bryce: [00:16:15] Yeah, very generous headline. I mean on paper. Yes, that is, that is what it is valued at. But look, short answer is no. We never thought it would be where we are. We would be where we are today. Alec and I started this, you know, similar to you. You were just interested in what you were doing with your money and recognised that there was not enough sort of resource in Australia. And likewise, we we were very interested in in investing in our own journey, but didn't have any or find any good podcast's in Australia that were focussed on. The Australian market, so we're a bit selfish and just started it as a way to talk to fund managers and CEOs, [00:16:53][38.7]

Tash: [00:16:54] so could they [00:16:55][0.4]

Bryce: [00:16:55] use it as an excuse? Told them we had a massive podcast when we had like [00:16:58][2.9]

Tash: [00:16:59] three listeners, [00:17:00][0.4]

Bryce: [00:17:01] and it's just growing. Yeah, it's just one of those things that we love doing. And if we were doing a podcast or not, we'd still be talking about it. So I think that hopefully comes across in the content and has allowed us to plug away for four years without earning a cent. And luckily now we've started earning some sense. [00:17:19][17.4]

Alec: [00:17:19] Yeah, I mean, back in the day when we say back in the day we made like twenty six, twenty seventeen. Like the business of podcasting wasn't really there. Like there were people with huge audiences like hymenachne in Australia, Joe Rogan overseas. And there was some advertising on those guys, but it wasn't it wasn't really built out. And we just got lucky with the timing in the in the four or five years we've been doing it, Apple, Spotify, everyone's moving into the space, all the radio guys saying digital audio comms. So they're trying to move into the space and advertisers are moving in. So, you know, it was it was a lot of luck in terms of timing. And I think, you know, that's pretty similar to, you know, you were very early on Tik-tok. And, you know, you've built a big audience on Instagram. And it's like, you know, there's plenty of people out there trying to do what we're all doing. And it's you got to get the timing right. [00:18:06][47.2]

Bryce: [00:18:08] This one is from you. But I think we should answer this together as well. And it's around the idea of imposter syndrome, because we actually got to ask this. Yeah, quite [00:18:20][11.7]

Alec: [00:18:20] recently. Yeah, we did a Start-Up webinar. Was it last week. Yeah. Yeah. And someone else does that as well. So and we've never really been asked it before. [00:18:29][8.7]

Tash: [00:18:29] Yeah. [00:18:29][0.0]

Tash: [00:18:30] I've had a really interesting because I feel like I feel it sometimes when all these cool people want to talk to me and I'm like, who am I to be on podcast like this? So yeah, I'd love to hear how you guys feel about it. [00:18:38][8.6]

Alec: [00:18:39] I, I've got a couple of answers to this. The first one is that I'm incredibly aware that a large percentage of the Equity Mates audience is smarter than me. I won't speak for you but and knows more than me. And so I'm very aware of that. And so I guess there's a little bit of imposter syndrome. But, you know, our first tagline when we started Equity Mates was like made for everybody by nobodies and like the whole journey, like we never try and hold ourselves out as experts. We just want to be the conduit to the world of finance and like give the community access to everyone. And so I think if we were holding ourselves out as experts and saying, like, this is what you should buy, you know, this is what the market's going to do, that would be a lot more imposter syndrome than what we're trying to do, which is we are who we are. We've managed to build a community and we want to use that to give you guys access. [00:19:29][49.2]

Bryce: [00:19:29] Yeah, yeah, yeah. It's something that I just don't think about it. [00:19:33][4.1]

Tash: [00:19:34] I think it's so good. [00:19:35][1.3]

Bryce: [00:19:37] I just at the end of the day, it's Ren and I sitting in this room and I don't feel like there's, you know, 400000 other people out there kind of listening along or when we're speaking with experts, I'm genuinely asking I'm not trying to be smarter than them or tell them I know more about them. Yeah, yeah. It's like I'm genuinely just asking questions from them. So I think that [00:20:01][23.8]

Alec: [00:20:01] the questions that we would ask if we were having a beer with them or if we were interviewing them. Yeah. [00:20:05][4.2]

Bryce: [00:20:05] Yeah. Do you often think about it? [00:20:07][1.5]

Tash: [00:20:07] I think maybe because on social media the feedback is so instant. When you post something like this, you're not hearing it straight away. But like when I post something and people comments right away, I'm like, oh, like, who am I to be talking about this? But I think it's in the same way I kind of framed it like, this is my money, Jenny, and this is what I'm doing. Feel free to do whatever you want. And I feel it's hard when you pay something and people can take the shit, people critique it and you're just like, oh, like I didn't want that. I didn't want that criticism. Like, I'm not ready for that criticism yet, especially because people like, oh, what do you invest in? And I share. And then people give me all this feedback about it and it's like, no, that's the best for me. I don't wanna, like, go into discussion about it right now. You kind of can't ignore it on social media either. [00:20:42][34.3]

Alec: [00:20:42] Yeah, we we get I try and not look at the social media comments outside of our discussion group, um, just because it's like no one needs the. Yeah. To be criticised all the time. All the time. Yeah. But you know, we get it like people were ripping on us on Twitter recently when we announced The Cosby Show saying we didn't know anything. And it's like, yeah, we don't, we don't want this. But anyway, I still remember the very first piece of hate mail we ever got was this handwritten letter, handwritten and Bryce took the time to reply to it and turned this person into a fan. Yeah. So maybe there's an argument that we should be more engaging with the people that don't like us more. [00:21:27][45.2]

Tash: [00:21:28] Yeah, I think it's a bit different because it's a podcast. Our whole business isn't social media. Like if I just stopped replying to comments, that'd be interesting. Like, thanks for engaging, but no thanks a lot today. [00:21:36][8.3]

Tash: [00:21:37] Yeah. [00:21:37][0.0]

Bryce: [00:21:38] So Tash, you mentioned that you are pretty public with sharing your money, not in terms of dollar amounts or whatever, but I think our community would be interested. In understanding what your portfolio consists of and maybe if you classify portfolios, not just stocks, if there are other investments that you've made, do you mind sharing what your portfolio is made up, made up of? [00:22:02][24.9]

Tash: [00:22:03] Yeah, definitely. It's mostly just ETFs like the might like the majority of it is Vaidehi. H.J. now, because that's easy. I don't want to do the research. It's like individual stocks are [00:22:11][8.2]

Bryce: [00:22:11] those that are unaware of what ADHD [00:22:12][1.2]

Tash: [00:22:13] is. Vanguard high diversified growth fund. High growth, diversified. Yes, something like that. But yeah, it invests in seven Vanguard funds in the one ETF, which I think is amazing. And I automatically rebalances it for you to like the majority of my portfolio is not. I've got a few other like fund techniques and different things as well. I also own an apartment that I'm going to rent out to. So I guess that'll be part of my investment portfolio, too. Um, yeah, but I'll just ETFs [00:22:37][23.4]

Bryce: [00:22:37] and what you're going to rent because you want the income or you going to move. [00:22:41][3.3]

Tash: [00:22:41] I'm going to move. I always what I would like the intent of renting out but I had to live in it for first time buyers. Yeah. I'm, I'm going away for uni so there's no point me like having it sit empty plus like it got rental value like really high. I bought it like two hundred ninety five K and I can rent it for four hundred which is so good. Wow. Yeah. [00:22:56][15.0]

Tash: [00:22:57] Wow, wow wow. That's right. Yeah. [00:22:59][1.4]

Bryce: [00:22:59] And how do you know how much to invest each month and, and you know intentions to sell. Do you have any, what's your sort of monthly process when it comes to investing. [00:23:08][8.6]

Tash: [00:23:09] I've kind of worked out using the compound interest calculator. I like a really conservative right of return, how much I need to reach my million dollars in thirty five years. I try and stick to that, but little like anything left over, I just invest it. And then the plans of selling like I think I want to sell for forever until I have like reached that financial independence goal and I really need it. But if I build a big enough portfolio I can always just live off the dividends too. So no plans to sell anytime soon. [00:23:32][23.3]

Alec: [00:23:33] What's the what's the number, if you wouldn't mind telling us to get the million by the time you're 35? [00:23:38][5.4]

Tash: [00:23:39] I'm investing a thousand dollars a fortnight at the moment. [00:23:40][1.6]

Tash: [00:23:41] Okay. [00:23:41][0.0]

Tash: [00:23:42] Well, yes, yeah. But like people Bryce like wow that's so much. But I own like seventy one K at my normal job and my apartment mortgages are cheap as well. It's like two hundred thirty dollars a week. So investing five hundred dollars a week is not unreasonable either. I mean people to say the number and get really scared off away. [00:23:58][16.4]

Tash: [00:23:59] Yeah, yeah, yeah yeah yeah. [00:24:00][1.6]

Alec: [00:24:00] You are very public with your uh your numbers. [00:24:02][1.6]

Tash: [00:24:03] Yeah. [00:24:03][0.0]

Tash: [00:24:03] Well no one really was talking about it when I was looking it up and like everyone so secretive about it. Like what really. I don't know, I don't like the negative and sharing it so. [00:24:10][7.2]

Tash: [00:24:11] Yeah, yeah. [00:24:11][0.5]

Bryce: [00:24:12] Yeah. And comparing yourself to other people's financial situations I think is one of the worst things that you can do. [00:24:17][4.9]

Tash: [00:24:17] Yeah. Especially when people don't give you the context because I feel like people say uni student, they're like, oh, you must be earning nothing, but it's like I'm in but I also work full time. So you need that context in there as well. And I work as a support back up and I get paid quite well as a support worker as well. So the context is super important. [00:24:31][14.0]

Bryce: [00:24:31] Yeah, absolutely. So you seem to have it all sorted out pretty easily. Are you facing any like we all face barriers and challenges in our Investing in money journey. What are you kind of coming up against at the moment, do you think that you're trying to work through at the moment? [00:24:44][12.8]

Tash: [00:24:45] Yeah, I feel like [00:24:45][0.7]

Tash: [00:24:45] my money is going really well at the moment. I think, like in general, like challenges I'm facing is like what I want to do with uni is after starting this Instagram, I think things have kind of changed and like models have opened now. It's like, do I even want to be an artist anymore? Do I want to let go and work in marketing instead? But in terms of money, like I've kind of automated it, it's kind of comes naturally now. It's quite easy that people get offended about that like it is. Yeah. [00:25:07][21.8]

Alec: [00:25:08] So on that I think motivation is easy and discipline is hard. And you know, what I mean by that is like it's easy for people to have a moment where they like, you know, I'm going to get my money sorted out, I'm going to get fit or I'm going to, you know, whatever Bryce is going to stop gambling. And but then, like, building the discipline over a long period of time is the difficult thing. So what are some of the best, I guess, tips or tricks you've picked up to, I guess, build that financial discipline to be able to invest a thousand dollars a fortnight and to automate it? [00:25:42][33.7]

Tash: [00:25:42] Yeah, I think automating it is like the key, because as soon as you have to actually make a decision, like, it's really hard, but I've I've automated everything so I automatically invest a thousand dollars a fortnight. Like that's kind of my pile is really good because you can set up the auto invest, which is really fun. But I think because like money's been I have always actually thought about money my whole life. So all of this kind of comes naturally as well. And I have big goals and I'm a very like it's probably bad as well, but I always think about what's happening in the future and I always have future plans. So I myself find it easy to plan for the future because my whole mindset is about future. I should probably live in the moment a little bit more because as long as you automate stuff and you're not actually making the decision every day, I think that's a lot easier. [00:26:18][36.0]

Bryce: [00:26:19] What are some of the biggest myths that you've found people in your community talk about when it comes to investing that you would say [00:26:25][6.5]

Tash: [00:26:26] the biggest one investing is for rich people, like investing is how you get rich. It's not for wealthy people. And then investing is hard. Make sure it's hard to learn about initially, but once you start investing, you can automate it. And it's easy. I think people see investing as trading or you have to sit and actively watch what the market's doing every day. But you don't you find an ETF that you love and you can just buy it on repeat. [00:26:46][19.7]

Alec: [00:26:48] So aside from all of our respective social media and media platforms, what are some of the best resources you found to start your own to start, I guess, and to build on your investing journey? [00:27:00][12.4]

Tash: [00:27:01] I myself went from like let's say from your podcast and from my money, your money and from like she's on the money season one. So I start there. But also the Money Smart website by Atik. Like they explain things really simply and really well. And I think if you actually just Google everything you don't know because I see people being like, what's an ETF? And it's like you can Google that, like the information is there. But I think yeah, pick one podcast, listen to all their investing episodes and then start from the air. Because if you try and listen to absolutely everything, there's so much out there. Yeah, yeah, yeah, yeah. [00:27:28][26.8]

Bryce: [00:27:29] Well, Tasch has been a very enjoyable conversation and it's been great to sort of follow your journey on Sociales with the final question that we actually ask on Equity Mates, as well as always about advice. Now, given that you are only 23 and have been investing for, what, five years or so, if you were to give advice to yourself back when you started, would you have done anything differently? [00:27:53][24.7]

Tash: [00:27:54] Yeah, invest more in shares instead of saving for an apartment. [00:27:56][2.1]

Tash: [00:27:58] That's right. Yeah. I don't think that's controversial in this. [00:28:00][2.5]

Tash: [00:28:02] Um, I kind of want to buy property because my parents bought property and that was always in my mind, like, oh, that's like success. You buy a house and you can show it off on Instagram and you can take a photo of it like that was heaps of [00:28:12][10.0]

Bryce: [00:28:12] expensive photo [00:28:13][0.5]

Tash: [00:28:14] albums, some validation. No, but it was kind of like my goal. And then I bought it and I was like, actually like, this is costing me money to, like, fix stuff up. And I've had a few problems with it. And like, I might as well just bought shares and gotten paid dividends and that I would have been in a much better financial position. And the apartment fun. But money wise, I think just investing in shares and then renting for a while. Not being good. Yeah. Especially now because I want to move as well. And it's a great I've got an apartment in Perth, but yeah. We'll see who's going back to Perth. [00:28:39][24.6]

Tash: [00:28:39] Yeah. [00:28:39][0.0]

Bryce: [00:28:41] No, that's you know, I think we both have a sort of, you know, want to get into the property game at some stage. But that desire to rush in and have it is the first thing you've got to do as an investment or to prove that you're an adult or whatever it may be. Yeah, I think is [00:28:56][15.5]

Tash: [00:28:57] I bought it like I only bought it because it happened in all my trips got cancelled and I suddenly had some money left over and I saw it and bought it three days later. So there wasn't like a huge thought process behind it. So I was I should have like it worked out pretty well. Like, it's it's a good it's an okay investment. But yeah, I wish I'd thought about it more. I've been like, does this actually align to my goals or is this just me being bored and having money and being like, what do I do with all my council time now. [00:29:19][22.1]

Tash: [00:29:19] Yeah, being [00:29:19][0.4]

Alec: [00:29:20] bored, having money, buying an apartment. [00:29:21][1.3]

Tash: [00:29:22] Oh no, it's it's real. [00:29:23][2.0]

Bryce: [00:29:25] So Tosh, as I said, very enjoyable and great to meet you. Love what you're doing on the Tasch invests Instagram page and tik-tok for our all our listeners. If you've enjoyed listening to to Tash, then we would recommend going and giving her a follow. We are trying to be as good as her on Tik-tok. [00:29:43][17.9]

Tash: [00:29:43] But you're getting that. You've done like free video. It's a low, very low base. [00:29:49][5.7]

Bryce: [00:29:50] Just too many things going on. But yeah. Anyway, thanks for sharing your journey. I'm sure that a lot of that resonated with our community and for being so transparent with your numbers and where you're at as well, because to your point, it's all well and good to try and engage in conversation. But until you actually do start giving context and putting your numbers on the line, that's where the true conversation can happen. So I appreciate your work. [00:30:12][22.3]

Tash: [00:30:13] Thanks so much for having me. So say strikes that you know who I am now. [00:30:17][4.8]

Tash: [00:30:18] Thank you very much. Thank you. [00:30:19][0.8]

Speaker 3: [00:30:20] This podcast proudly brought to you by Equity Mates Media. Always remember all information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for national financial label or tax advice. The host of Equity Mates and not financial professionals and are not aware of your personal financial circumstances before making any financial decisions. You should read the product disclosure statement and if necessary, consult a licenced financial professional. More information. Head to our discussion page, where you can find resources to search for a registered financial professional. You. [00:30:20][0.0]

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