The Top Investment Resources for Your Journey | Summer Series

Bryce: [00:00:31] Welcome to the Get Started Investing feed summer series brought to you by Superhero. Over the past five episodes, we've been hearing from members of both the Equity Mates and superhero community, covering some of the biggest questions for anyone starting their investing journey. And this is the very last one of the series, so it's a pleasure, as always, to be joined by my equity buddy Ren. How are you going? 

Alec: [00:00:53] I'm very good, Bryce. Great to be here for the final episode. I imagine we're wrapping up our summer summer holidays, probably back in the office, busily making plans for 2020 tour, but excited for this one because similar to our last episode, we've got the whole band back together, all of the contributors from the Equity Mates summer series, and we've got one last question to ask them. That's it. Give us a stock pick. 

Bryce: [00:01:23] That would be a great episode. Head across to the Equity Mates Investing podcast and listen to our buy hold sell from late last year with Adam Dawes. If you do want some, some stock picks, but we are asking are asking everyone who's returning on this episode, what are the best resources that they've used on their investing journey and are continuing to use? Because there's no doubt that finding resources that a meaningful cut out the noise and help you and your investing journey is very important. 

Alec: [00:01:52] Yeah. And I think we wanted to end this on a very practical note over the last five episodes. Hopefully you've heard from a number of people that have made you feel more comfortable with where you are on your investing journey made you realise that the barriers that you're facing and the challenges that you're facing a number of other people have faced, and now it's time to get practical. What can we actually use to help us become better investors and make 2020 to a really financially fulfilling year? 

Bryce: [00:02:21] So before we hear from our community members, the summer series is brought to you by superhero. Superhero allows you to buy Aussie and US shares and ETFs with no monthly account fees, and you can now earn Qantas points with superhero. So visit superhero. com.au/Qantas to learn more eligibility criteria, terms and conditions and fees and charges apply. So Ren what's your number one? 

Alec: [00:02:45] Resource number one resource? Like, not allowed to use any other resource deserted island on one resource, need to make a million dollars before I can get rescued vibes. Mm hmm. Um, I'm tossing out in terms of information, it would be either Twitter or Reddit. OK, I could probably take or leave either of them. I think they're both really valuable sources of news and information. Importantly, you have to curate them because if you curate them poorly, you it'll be just a terrible news diet and you'll get a terrible information flow. But if you are going to the right places and following the right people, that can be really valuable. So if the day to day news, I'll probably say those two but knew you couldn't answer this question. I know, I know. But if I had to just choose one resource to help me become a better investor, it would be one of the classic investing books like a Seth Klarman margin of safety. If I was more wanting to understand the basics of, as a beginner investor, a Patrick O'Shaughnessy millennial money. Terrible name. Great book. 

Bryce: [00:03:56] Interesting. Nice. What about you? Three Good Resources. I'm an audio guy. I'd be taking any podcast over anything so I can just sit there and listen to podcasts. Invest like the best if you're looking for it, obviously. Yeah, look up. Invest like to invest like the best. There are plenty of amazing podcasts out there in the finance and news space as well, but I think the important thing to realise is when you're thinking about resources, don't just be thinking investing specific resources, the best investors around the world and something that we do as well. If you want to be reading widely, you want to be understanding what's going on in the world to become a better investor. You're not necessarily looking for resources that are going to tell you how to value stocks specifically, and I think that's been my biggest transition with resources. When I first started, I was reading all the investing books, you know, trying to get through security analysis and the big, thick, heavy books about investing. I've soon come to realise that it's just as beneficial to read about how business leaders think about building businesses and how entrepreneurs think and and really sort of understand business in general and how economies work and what's going on. So when you're thinking about curating resources, yeah, don't get caught up in thinking it just needs to be investing related. 

Alec: [00:05:12] There's certainly, yeah, there's so many resources out there, but the challenge, the challenge back in the day, like when Warren Buffett was making his money, you know, in the 50s and the 60s, when it started making his money, he continues making money. Well, after that there was like a serious lack of information, and Buffett formed an edge by being the only one willing to read financial statement after financial statement day after day and was really good at drawing inferences and understanding what they meant. But there wasn't a heap of information out there. The challenge for investors today is very different. The challenge is there's too much information, there's way too many opinions and things to read and things to watch and things to listen to on any company that you're studying. And so the challenge back in Warren's day was around discovery discovery of information. The challenge now is around curation of information. And I think finding the following the right people finding the right platforms is the big challenge. And you know, you saying that you listen to podcasts like that is a form of information curation because there are people who are taking all the information out there and making it into these audio episodes for you to listen to. Same with me with Reddit and Twitter, who I follow is curating information flows. And I think for any investor who's just feels overwhelmed by the amount of information out there, just start small, start with one platform, start following a few people, start reading one book, start listening to one podcast and build it from there. See who they follow, say you know what they recommend, and just build it out from there because it can be overwhelming. It is overwhelming. We do this for a full time job and it's overwhelming. So well, we've asked to get started investing community to share some of their favourite resources, which can be great places to start and then to build from there. 

Bryce: [00:07:01] Ren that's a great Segway. Let's hear from our Get Started Investing feed and superhero community. 

Alec: [00:07:12] So there's plenty of resources out there, podcasts, books, websites you started with the Motley Fool subscription. What are what have been some of the most helpful for you throughout your investing journey? 

Courtney: [00:07:25] You know, there's so many stocks and ETFs that you can choose from that, you know, you just end up like not buying at all because it's just too there's too many to choose from. So I think the resource, when I was younger, it did help me because, you know, they provided like a simplified thesis. You know, it made it easy for me to pick because there wasn't that many. So that probably did work when I was younger. But now that I've obviously, you know, had, you know, that big mistake happened to me with the stockbroker and I've been able to do a lot more research, and obviously I have so much more awareness now of the what goes on and how complex things are that definitely listening to podcasts is probably the main, I guess, sort of research tool that I use because I'm not the biggest fan of reading. I've never been the biggest reader, but listening to people and hearing people's opinions and learning that way, I respond to really well. So, you know, like Equity Mates and my millennial money, and I like listening to, you know, some property podcasts as well. They've been really good, and I would love to get a subscription to the AFR. But I know it's I think it's like seven dollars a week and I dipped into that. 

Alec: [00:08:44] Yet I think it's the most expensive new subscription in the world. Yeah, OK. 

Courtney: [00:08:48] Is a that would make sense. So I'd love to get a subscription to that because I do read some of their articles, but it's funny. I have them on social media and I go to click on the articles. But then the paywall comes up and it's so frustrating because so many of the articles seems like they're so interesting. So, but definitely podcasts, I think, is what I respond to the best. And I think if you're starting off, it's an easy way to learn. 

Bryce: [00:09:16] Well, Courtney, thank you for joining us. As I said at the start, it's always good to hear from beginner investors and those that are well into their journey on challenges. They're facing, how they've overcome them, mistakes and of course, resources as well. So it's been a pleasure. 

Courtney: [00:09:28] Awesome. Thank you so much for having me. 

Bryce: [00:09:32] So, Queenie, you know, you spend a lot of time thinking about your own investing journey and making a lot of content, what would you say some of your best resources are that help you think through your investing journey and make all this content? 

Queenie Tan: [00:09:47] So YouTube. So if you're somebody who likes watching YouTube videos, I think New Money has great videos. So his name's Brandon, used to be called Aussie wealth creation. He's what initially kind of like, inspired me to start my YouTube channel and like talking about finance online. And yeah, I think he just has some great resources and great insights. Instagram. I'm going to talk about kind of like the kind of content create space and then more into resources. But Tash invests broker wealth, money, mindset, podcasts. Obviously, you guys my millennial money, she's on the money. Tik-tok. So if you're interested in property, there's a great account called the value off and she's a property value and she kind of goes through like property investing and just like interesting things. Invest. The Happy Spender has a great tik-tok account where she learns about crypto assets. So she did this whole series where every day she would learn something new about crypto and and now she's like, super advanced into crypto. And then she's like, I watch her videos and I'm just like, OK, I just do not like when it started, it was like, This is what bitcoin is like, blah blah blah. And I was like, Oh yeah, yeah, I know this. And then like, now it's like staking and PancakeSwap. And I'm like, I've no idea. And I think also for just websites in general, that sick money smart website has some really great resources, and it's very easy to understand. It's all written in plain English, like anybody can understand this. They try not to use a lot of jargon. So I think it's really big in a friendly as well. And obviously the ATO, if you want, you know, tax insights. But yeah, those are probably my favourite like content creators and resources in the space. 

Bryce: [00:11:32] Shout out to our audience that you definitely go and check out. Invest with Queenie. That's your handle across all channels. Nice. Go and check it out. Plenty of great resources coming from your site as well.

Queenie Tan: [00:11:44] Oh, thank you.

Bryce: [00:11:45] Well, Queenie, thank you so much for sharing your insights and such enthusiasm, I guess, for educating others in this space. Alex and I are such fans of what you're doing and public as well. And yeah, it's been great having you on. So thank you 

Queenie Tan: [00:11:59] Thank you so much for having me on the podcast and thank you guys for listening as well.

Alec: [00:12:04] So Molly, in your workshops. When you're speaking to people across social media, I'm sure you hear about plenty of resources and share plenty of resources with people looking to get started investing. As Bryce has just said, there's no excuse now. So in terms of some of the best resources. Can you share any of that you've come across, in particular, any free ones that you've come across? 

Molly Benjamin: [00:12:29] Yeah. So I mean, there's obviously some great podcasts out there and I and I love you're in good company, but I think that's a great place for people to start as well. Also, I just like Equity Mates, and that's not all that. I mean, like, I think, you know, with what we do at Ladies Finance Club, we're really nice starting point for people who are brand new to investing. We have online course, you know, we're running events and courses all the time on, you know what, our exchange traded funds and, you know, investing for beginners and but on a whole range of personal finances, because there's a lot of things you know, you need to get into shape to actually get ready for investing. You know, you've got to get rid of that debt, you've got to build that emergency fund. You've got to make sure you don't need that money for like the next kind of three or five years. So yeah, I would say without sounding really lame. Ladies Finance Club is a great place to start and then I love to nerd out on the money smart website as well. I think there are some great calculators there as well. And, you know, just having a look at the power of compounding and investments, and there's some really good information on that. 

Bryce: [00:13:39] Yeah, nice. Well, I would certainly encourage the Get Started Investing feed community to go check out all those resources and if they want to follow you, Molly and Ladies Finance Club was the best place to do so

Molly Benjamin: [00:13:48] so they can follow us on Instagram @Ladies Finance Club, or they can jump into our Facebook group. Ladies Finance club Money Chat and I forgot to mention, obviously your book is a great starting place. I'm reading it at the moment, and it's really it's so practical, so useful. So, yeah, well done on your book. It's great. Well, thank you. 

Bryce: [00:14:05] Well, nice one, Molly. We appreciate you sharing your time with the Get Started Investing feed community and as I said, anyone out there who's looking to take that next step certainly check out what Molly is doing. It's fantastic. So we appreciate your time, as always. So, Alisha, what are some of the best resources that you've used over the last year to to get you thinking how you are and sort of really on your way to that FIRE retire early stage in life for me. 

Alisha Aitken-Radburn: [00:14:37] For me, it is. I'm just a sponge for knowledge. So I just put myself into as many sort of high quality Facebook groups that I can get my hands on. There are definitely like some. You'll join a Facebook group and you'll think there's going to be this like amazing community. And it's just like, Oh, I'll make you hundreds of millions of dollars on this forex platform like all boards. But, you know, I think I've just worked to identify a few communities that I really resonate with. So Equity Mates would be one of them. Also, I've mentioned that I'm interested in fire. So I mean, Aussie Firebugs Community, and I just really I just go ahead. I'm a sponge. I just read, read, read. I usually do it while I'm in bed at night, and I also go on like, it's a big resource for me. I know that Ren has spoken about some of his favourite Reddit forums in the past. My one is all flash on finance. It's very like general intro to personal finance. So, yeah, just lots of reading. And I find that I can at some most of my questions and do most of my troubleshooting along the way. 

Alec: [00:15:54] Well, I love that, Alisha, that you're seconding my Reddit recommendations. I haven't quite got Bryce on this, so I'm glad someone else is on there. 

Bryce: [00:16:06] Well, it's been an absolute pleasure having you on Get Started Investing feed over the last few weeks. As always, it's a pleasure chatting with you, so I couldn't thank you enough for sharing your time. 

Alisha Aitken-Radburn: [00:16:16] Thanks, guys. Can't wait to join you again. 

Bryce: [00:16:18] Awesome. Now let's see from our next community member. 

Alec: [00:16:22] So, James, we love hearing about the different resources that people use to learn about investing and then to continue keeping up to date with markets throughout their investing journey. So what are some of the best resources you found when you were just getting started and learning? And then, you know, today as you're trying to continue learning and keep up to date? 

James: [00:16:42] Yeah. Well, obviously no one has for me has been the Equity Mates Investing podcast. I just found it's so relevant to me to begin with. You know, you guys are both the same age as me coming from, you know, similar sort of backgrounds and and the quality of the interviews you guys do is just blew me away right from the very beginning. It was really good. I absolutely loved it. And also, the thought starters emails. You can tell a lot of effort goes into those. And even if I haven't got a lot of time just reading through the summaries there, I think you get the biggest bang for your time if you've only got a few minutes to read through. Definitely go and read through that. And also the book Get Started Investing feed. Even though I've already listened to all of the podcasts, still loving it and still got more interesting facts and and extra bits of detail that are great to read through.

Alec: [00:17:33] Outside of Equity Mates. For people who already listen to the show and subscribe to the newsletter, but are looking for more resources. Is there anything that you go to or anything you recommend to your mates? 

James: [00:17:44] Yeah. So generally what I do when I'm looking at a company or industry or whatever is, I'll just jump on their website, give it all a good read through and see what they're all about and get the whole big picture of what's going on with them. Then I'll jump across to Google, and I want to try and get as much of an unbiased opinion as I can. So say, for example, if I want to be, if I'm looking at Apple, I'll go reasons to invest in Apple. Why should I invest in Apple? Read through a few articles there. Then I'll go on the flip side and say, Risks of investing in Apple. Why should I not invest in Apple and try and get, you know, both sides to the coin there? And then I'll just jump across to YouTube because I'm sick of reading buy now and just try to find some interviews with the CEO, and I'll just chill out and see what I'm vibing from the CEO. And if I think and just in the when you're looking at the bigger picture, I'm looking at basically a 2050 retirement. So I'm using my own mindset to think, what's that world going to look like? What are the biggest problems we're going to face over the next few decades? And where are those solutions going to come from? So when I'm I'm always looking at everything learning about how you know, the world's work and everything. I'll always be keeping that in the back of my mind. What is what is this going to look like in 2050? Should I be putting my money there now? Is this something that I believe is going to be going to be a big deal or a big change for the way society works? 

Bryce: [00:19:00] Yeah, I love that approach. It's it's very easy to have confirmation bias and just read articles that align aligning what you think about Apple. And oh yeah, that's I know it's a good investment, but to actively search out both sides of the story to to form an opinion, I think it's a it's a real skill and a lot of our community should sort of take something from that story for sure. 

James: [00:19:22] Yeah, it is really important because the brain will see what it wants to. Sometimes if you've got a biased opinion, your brain will automatically focus on the information it wants to see and it will cancel out what it does. And so it is a really important thing to try and get as much of an unbiased opinion as possible.

Alec: [00:19:38] James, I love the fact that you've taken the time to write this guide. I think you really test if you know something, if you try and teach it to other people and you're clearly doing that with this. What's the feedback been to the guide? How have you mates responded? 

James: [00:19:54] So I've had a lot of really great feedback. It's really piqued a lot of my friends and families interest. You know, I use myself as an example. I go through the investments that I've made, the reasons why I've made them, and I just save people they usually will identify quite strongly with with a couple of them, and they'll go, Oh, I want to do that too, and I'll take them through exactly what I've done. I used to be here as my broker, so I get them signed up on the platform and I just get them started. And I've probably gotten about 20 people signed up already. So I've had a really, really positive strong response back and everyone's loving it. And I've also found it's really helped me reinforcing my belief in what I've been investing in as well.

Bryce: [00:20:37] James, it's been an absolute pleasure having you on Get Started Investing feed over the last few weeks and sharing your story and know that a lot of the community would have taken a lot of value from it. So thank you very much. Thanks for having me. It's been 

Alec: [00:20:48] Thanks, James. 

Bryce: [00:20:49] So, Leigh, to close out the series, we wanted to ask everyone what the best resources that they use on their investing journey, because for everyone, there's a firehose of information out there and and working your way through it is sometimes pretty overwhelming. So what are some of the key resources that you use on your investing journey? 

Leigh: [00:21:09] Well, obviously Equity Mates was crucial to my learning and jokes aside, it was particularly during the initial lockdown and the onset of COVID. Had the opportunity to spend a lot of time learning about investing, so I just chewed through the podcasts, and Equity Mates was definitely on the most listened lists. But there's heaps of other local and international podcasts where you can pick up great information and education about investing and business. I think it's important, you know, to study what business models work really well and history, of course, books are out there and it's like podcast. There's so many to learn from. Classic books like security analysis can be really boring, so 

Alec: [00:21:59] you 

Bryce: [00:22:01] don't ever write.

Leigh: [00:22:03] But there's really great sort of newer books out there that might be more relevant to people like The Psychology of Money by Morgan Housel, Richard Wiser, Happier by William Green. These are fantastic books because not only do they have good information, but they're just so engaging in the way that they're written that could make a really big impact on people's investing. 

Bryce: [00:22:27] Yeah, I think you make a good point there around, you know, the resources don't have to be investing specific and trading business just generally what's going on in the world economic news, how understanding how everything fits together is just as important to help you make investment decisions because you could know everything about a DCF or discounted cash flow or, you know, the theory behind investing. But if you don't understand where it all fits in and you're sort of still 

Leigh: [00:22:58] going to struggle together? Sure. And then there's things like developing your mindset and your equanimity that's so important to invest in because you could be a maths genius with your DCF calculations. But if you don't know how to behave when the stock markets are crashing, your valuations are useless. So investing is the sport of behaving other people. So I think if you can dig deep into developing your own behaviours, it's very, very valuable. 

Alec: [00:23:30] I like that. I love that. Yeah, out behaving other people. Maybe we need to. Maybe we need a spinoff podcast equanimity mates. 

Bryce: [00:23:41] But I say, Well, look, we appreciate you sharing your experience with the Get Started Investing feed community over the last few weeks. There's always a lot to learn from hearing other people's journey and how they're approaching investing. So appreciate your time and we look forward to

Leigh: [00:23:55] keeping in touch. Cheers. Thank you.

Bryce: [00:23:58] So, Simon, to close out the series, we're asking everyone what is the best resource or some of the best resources that they've been using on their investing journey, so I'm really interested to hear what you're using to educate yourself and find out more about markets. And particularly given that you're in the self-managed super game at the moment and probably have a bit of a different approach to your investing style than someone you know in their early 20s or so. What are some of the resources that you're using? 

Simon: [00:24:25] We started with the barefoot investor, like many people and just breaking down money and the barriers to money and finances. The barefoot way was really helpful few years ago, setting up our buckets and thinking about money a differently from there. But I think more, as with the young family, just buying time to sit down and write is difficult. So anything we can get in a car ride to the shops or a car ride to work or whatever because of the podcast work. And what you guys are doing with Equity Mates is just amazing because it's just so easy to understand. You don't have to have a finance background. I don't have a finance background, so it's really good. But if I need a laugh as well, I also like the guys I recommend. Investors are common economists. They're hilarious, hilarious. So I keep it pretty simple. Don't I don't go any further than that. Aside from, you know, just just seeing what people are going through the Facebook group that you guys have. And you know, I've just started my own crypto accounts. I'm just watching a bit of stuff in that space as well. But just enter and get on the socials or stay on a podcast is all I need. 

Bryce: [00:25:24] The major lesson that I'm taking from you is that having a young family is a lot of work and and it's. But look, I think what you're doing and still paying attention and getting in the markets is as often as you can, as we say on the show, like time in the market is is the most important thing. So even putting away, you know, that doing micro investing or whatever it is, just plugging away at it is super important. So we really appreciate you sharing your your experience across the last few episodes. And I'm sure there are a lot of people in the community who can relate to you or to your situation. So thank you very much and all the best. 

Simon: [00:26:04] That's awesome. Thanks for having me.

Bryce: [00:26:07] So we've got Justin back, content creator, and we want to know, Justin, what are some of the best resources that you've used on your investing journey?

Justin Baldori: [00:26:16] I'm going to go out on a limb and say the best resource. I'll talk about some different resources, but the best resource that I always turn to is YouTube. I know I love it. For some reason, I just always sort of go back to YouTube to learn about different things. No, it's not the only source, but I think it's the best for me. There's so much information on there from many different people all over the world about investing. You know, the CEO interviews, there's podcasts are uploaded there. There's so much content on YouTube to really decipher, and it can go the other way because there's so much you don't really know where to start. But I think YouTube just has an abundance of information. So that's probably going to be like my my tier one and where I personally always, always go towards. But flowing off that, I mean, you got great podcasts, a little bit of a fanboy moment, obviously being listened to the Equity Mates podcast The Years. So that's always handy to go back to sort of like reliable podcasts like these people can relate to, like a couple of young dudes like both you guys and young as well. So it's really good you got to relate through that in podcasts. But the third way or just another way and I've got really got me started in investing was, you know, the cliché reading the book I read a book quite a few years ago was called I'll Teach You to Be Rich by Roommate Society. But the principles in that book really stuck with me for my whole life, literally until this day here. So it's that's kind of like the landscape is to where I go. It's it's YouTube for maybe more daily news or more sort of up to date information, podcasts, you know, like this lawn and all the other ones in your network for a little bit more form content and then you can never go past books. Because if you say common knowledge through books, I say one person in one book is talking about X Y Z, and another book says the exact same thing you can kind of think of. Second is this might be some really good information because I'm getting all these people reiterating the same thing. Maybe I should take a keen eye on that. So YouTube, podcasts and books are going to be my three. 

Alec: [00:28:24] Justin Bryce is loving the fact that you've called him young, as well as the only bloke over 30 on this call. He he was feeling his age, so he appreciates that. 

Bryce: [00:28:37] Justin, look, we love what you are doing in the space. Love the content that you're creating. So we'd encourage the Get Started Investing feed community go and check you out, but look at a massive thank you for your time over the last few episodes. Very much. Appreciate it and look at Ren. We'll keep in touch. 

Justin Baldori: [00:28:54] Thanks, guys, for having us. Great to chat and thanks to all the listeners for tuning in.

Bryce: [00:28:59] So, Dylan, what are some of the best resources that you've used on your investing journey? 

Dylan: [00:29:04] For me, the best resources, I think, are books and podcasts. I've read a whole heap of books around personal finance and also investing, and obviously the two things can cross over pretty, pretty easily. I've read Daniel Clare's simplicity. Peter, he'll walk around motivated money, say, around the debt recycling type of thing that that's something that I really got a lot out of. Therefore, the book, which has been read by pretty much everyone, obviously, that's the big one on just I've just actually purchased the Peter Lynch Ren not random walk, but I'm one up, one up, one up. Yeah, so I'm really keen to get into that. I've also read the little book of Common Sense Investing, which I enjoyed, but towards the end got a little bit repetitive, so you kind of knew where it was going. And yeah, podcast obviously. Like, I'm listening a lot of Fire podcast, which is all about, you know, obviously saving money and all that type of thing. But like I said, I'm not. I'm not someone who loves living on beans or anything like that. But yes, definitely. If I can retire before 65, that's going to be a bonus. So the other thing was the barefoot blueprint, which which came off the back of the barefoot was something that was a really good resource for me, both in the terms, in terms of personal finance and understanding. Understanding super and understanding investing, but also getting some stock tips not necessarily from Scott himself, but from different members in the in the community. So that was actually had a really cool forum, which I think, you know, there's nothing really like that out there. I know there's forums on Facebook, but one of the things about it, you can't necessarily be anonymous. But yeah, there's nothing quite like the forum that they had. Probably the one resource I'd say to try and stay away from is is Ren stock tips on the on on mastermind episode. I did start with you and Stock of the Year is going to be more conservative this year.

Alec: [00:31:15] As we say, doing nothing on the podcast is this is the recommendations. So you've always got to do your own research. 

Dylan: [00:31:23] Exactly. That's right. So, yeah, Clover was the one that hurt me. 

Bryce: [00:31:27] Yeah, nice one. Well, I would like to say as well. Stay tuned on the form front as well with Equity Mates. So agree there needs to be more of that stuff out there. But Dylan, very much appreciate your time over the last few episodes. It's always great hearing from the community and we appreciate you sharing your story. Some of your key resources and your big barrier to investing as well. So appreciate your time. Thank you very much.

Dylan: [00:31:53] No worries. Thank you very much. Love your work guys.

Bryce: [00:31:56] Before we hear from our next guest, we're going to take a quick break to hear from our sponsors and then we'll be right back into it. So, Tash, you said in the first episode that you frantically searched Google and just hope for the best, but I'm sure there's been better resources along the way. So what have been some of the key resources you've used to get to this point on your investing journey? 

Natasha Etschmann: [00:32:18] I think initially I started off with all the fun books I Ren talks about, like Barefoot Investor, which isn't really that relevant to me, or there's the sick money smart website, which I found really helpful. And also just like watching YouTube videos and looking at Instagrams of multiple different people to see how everyone invests. Assuming like one really good source of information when your book is doing really well at filling the space in the Israeli market, I guess little plug that does. It's really the book everyone's been asking for. Yeah, just like doing one thing at a time, looking at six website or looking at super funds in the asset allocation because initially it was really hard to find Australian specific information on what to actually buy and like, what to do with them, like Australian and international shares. So looking at what funds hold and saying, like how you can apply that to your situation is always, always really helpful. 

Alec: [00:33:00] There's so much information there on what the experts are doing, what the professionals are doing and looking at them and borrowing their ideas. This is great. When we spoke in an earlier episode, you also mentioned you'd entered the property market and you'd set up an emergency fund. So I guess outside of just investing, it seems like you have a really good basis of like broader financial information, a broader financial knowledge. With any resources that really helped you understand personal finance, the property market, stuff like that.

Natasha Etschmann: [00:33:29] Just pick up that one. My parents, like I, grew up talking about money, so that's what I like about the need. But the want to buy a property came from because my parents invested in property, my grandparents invested in property. We grew up planning holidays that we grew up so you can have access because you need the money for something else and budgeting together. So yeah, all of that came for my family initially and my close friends, you always get that one. I think that's a really good recommendation that I talk to Dad a little bit. 

Alec: [00:33:53] We'll put Tash's parents details in the show notes.... but I think that's such an important one. Like, you know, Bryce family will Bryce his dad and got him investing at like the age of five with his pocket money like, whereas I just didn't grow up in that household. And I think like normalising those conversations around money is so important because like, I've since spoken to my mum about it and she was like, Yeah, when I grew up, there were three things you can talk about like money, politics and religion, and it was like taboo to talk about money. Now it's like you can just say the difference that like kids and like young teenagers knowing about money and getting started early, how much difference that can make in your life. So that's a really good one. Shout out to your parents. Yeah, I 

Natasha Etschmann: [00:34:31] don't think I was them for discussing mortgage interest rates, and I was like in high school, 

Alec: [00:34:35] really feeling sorry agent conversation. But it's what 

Natasha Etschmann: [00:34:39] the best son is like spinning. We had like the lazy season and we put holidays of different budgets and spin and try and work out how much they would cost and have to like, plan that as a family and be like, what are we going to cut down on? So yeah. 

Alec: [00:34:49] So I thought, Oh, I feel there's like probably a kit that we could make it like helping parents talk to their kids activities. And yeah. 

Bryce: [00:34:57] Well, as always, it's been an absolute pleasure chatting with you. Thank you for coming in. And if anyone wants to follow what you're doing, you're across most of the main social channels @tashinvests 

Natasha Etschmann: [00:35:07] Yes, mostly Instagram and Tik-tok. But yeah, thanks so much for having me. 

Alec: [00:35:10] So we're now joined by Maddie at Money with Maddie on Instagram, and we're talking all things resources, money over your investing journey. What are some of the best resources you've found to help educate you both about investing in the stock market, but also about money and finance more generally? 

Maddie: [00:35:29] Definitely. I feel like there's a few different areas here, so my favourite one is finance books. So there's a few books that I absolutely love that I found really have kickstarted my motivation and inspiration regards to money investing. One of them was the barefoot investor, which was the one that really got me started in the first place, inspiring money and finance in general. The most recent one I've read has been your Equity Mates Get Started Investing feed book. I absolutely love that one, and I feel like it's so deep it goes deeper into the how in the why of investing and not just specifics of money in general. I feel like it was me because I really love that one. Another one I really like is money school and another one that I have just recently gotten but haven't read yet is Glennis new book for your money out. So those are some books I absolutely love, and I wholeheartedly recommend to everybody that I come across in this area. Another thing is websites like the ASX. There's actually a lot on there that a lot of people don't know about, including the ASX share market game where you can. You get about $50000 worth of quote unquote money to use and play around the share market and get used to the fluctuations and volatility of it as well. I have found I learnt a lot in that it was great to get to put some money in there. That wasn't my money to learn about how the share market works. And another is YouTube and social media. So like. A Graham as well, even though I have my own Instagram, I feel like being part of the community, the fire community and just the finance community in general, we learn so much from each other and I feel like the more we speak about money conversations and the more we make it less of a taboo topic and remove the stigma surrounding them, the more we can learn together. No one has a better than one. I've learnt so much more over this year with my followers, Instagram, but I have spent my whole life and I highly recommend if there's anyone that you see that's promoting and chatting about finance and making it more accessible, give them a photo and just be a bit more engaged in the area. And you can learn things just daily by reading and what people are doing in day to day in their finances. 

Bryce: [00:37:44] Awesome. A great list of resources that I remember Ren and I used to play the stock market game and move back at uni, so I would recommend getting around that. So yeah, very much appreciate your time. It's always great hearing from our community. We've loved hearing from you over the last few episodes, sharing your investing story and some of the key resources and barriers that you face. So all the best with the Instagram channel and your investing journey from here. And it's been great to chat. 

Maddie: [00:38:10] Thank you very much. Thank you so much for having me, guys. 

Bryce: [00:38:14] So, Josh, to close out the series, can you share with us some of the best resources that you use to help you on your investing journey? 

Josh: [00:38:21] Yeah, I've listen to a lot over the years and as podcasts, I think you can get caught up in that. But a big resource that I found. And then on finance backgrounds, YouTubers like Matt developed of somebody of the sort, someone that has quite a large following and they give great advice. Don't get me wrong, but I really found my home finding advice from a count or two. Since their married couple, they both had finance degrees and work with PBS over in the states to develop content, so they sure share a lot more than just about the finance market, but economics as a whole and policy. So I found that that advice helps with busting myths or stereotypes about our generation and, you know, avocado toast as such that isn't causing us to not be able to afford our house deposits. And it's giving me a lot of context into how things have, I suppose, developed in the past and how though proceed to develop in the future. And that gives a lot of confidence to myself when choosing to invest in the market. 

Bryce: [00:39:28] Nice. Well, Josh, we appreciate you sharing your story with us, your key resources and you know your investing journey. So appreciate your time. Thank you very much.

Josh: [00:39:37] Thanks having me, guys. 

Bryce: [00:39:39] So, Rachel, what are some of the key resources or some of the best, you know, tools that you've come across on your investing journey? 

Rachel: [00:39:47] Some of the best tools, obviously the internet, if you have access to a advisor and adviser, is really helpful in terms of providing information so that you feel more informed and confident about your investments. But I also use a broker platform, a brokerage platform, and I pay a monthly fee to access their in-app information, which I find really helpful. So any of the the brokerage apps are really helpful in compiling those latest articles about the stock that you're looking at. Who else is watching them? And it gives you guidance on whether to buy or sell or hold. So those are really worthwhile and so worth the fee. 

Bryce: [00:40:27] What would you suggest to people who are looking for a financial adviser? Worth it? Not worth it? Yeah, I know there's a lot of people out in the community who would be thinking about it, but are on that edge of. Is it worth it or not? 

Rachel: [00:40:39] I think it's absolutely worth it. It's particularly worth it if you are if you have a partner, because then you can split all of those costs and kind of be be advised on on both of your money, whether it's separate or together. But yeah, I think it's completely worth it. It gives you that peace of mind and the confidence relying on an expert before you invest, which is very beneficial. 

Bryce: [00:41:03] Awesome. Well, Rachel, it's been an absolute pleasure. Thank you for sharing your experience over the last few episodes. We very much appreciate your time and all the best with your investing journey. Thank you. Bye. Well, Ren. That brings us to the end of our summer series, an awesome summer series. It was a massive thank you to superhero who have sponsored this. We couldn't have done it without you guys. A reminder that superhero allow you to invest in us and Aussie shares and ETFs with no monthly account fees, and you can now earn Qantas points with superheroes. So visit Super Hero Dot Com.au/ Qantas to learn more eligibility criteria, terms and conditions and fees and charges apply, so we'll be back with the normal Get Started Investing feed rhythm next week. Ren and on with back from holidays. 

Alec: [00:41:49] Hopefully refreshed, hopefully refreshed. If we're sounding tired on the first show back, we're in for a long year. Ready to rock and roll? Let's do it.