Owen Rask - Rask Australia | The slow rush of long-term investing

Parenthood is an adventure filled with joy, challenges, and a significant amount of financial planning. In the latest episode I'm joined by Ana Kresina, a financial educator and co-host of the Get Rich Slow Club podcast, to explore the intricacies of managing money as a parent. Ana's journey to financial independence and her experience as a parent have culminated in her book, Kids Ain't Cheap, a comprehensive guide for parents navigating the costs of raising a child. The episode delves into topics ranging from the price of early childhood education to the gender super gap, and the importance of planning for your child's future.

Molly Benjamin was not very good with money despite working in the financial sectors for national and international companies for most of her career. In fact, over a glass of prosecco with her gal pals she realised they were all a bit #clueless when it came to their personal finances. As an experiment, Molly put on an info-night in her living room. Thus was born Ladies Finance Club:

Joining us for this episode is Robin Bowerman Head of Corporate Affairs at Vanguard Investments Australia. We spoke about the creation of index funds by Jack Bogle the founder of Vanguard, asset allocation, some of the psychological traps of investing for the first time, and how cost matters when you invest. "The one thing you know, for certain is what the cost will be. So it's more about what can you control and what do you have to accept that you cannot control You can't control markets, you can control cost and the less you pay the less the drag on the performance of the fund on the portfolio going forward. That's part of the reason why ETFs, I think have become successful both in the US, but also in Australia over the last 10 years is because they've been able to put tools in the hands of investors at a relatively low price." ETFs for Beginners is proudly brought to you by Pearler and the Shares for Beginners Podcast. Pearler is a wealth management platform where you can invest in shares and ETFs and also micro-invest. You can set up your goals, track all your accounts in one place and set and forget using auto-invest. Sign up at https://pearler.com/ and use the promo code "community" for a $10 brokerage credit toward your first investment. Shares for Beginners is a podcast where Phil interviews industry experts to find out how the market works while trying to manage risk and emotions. Let's learn together: https://www.sharesforbeginners.com/ Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/sharesforbeginners ETFs for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not ETFs for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.

Guest today is Natasha Etschmann, better known as Tashinvests. Tash is a 24 year old with a net worth of 215 K. She works as a disability support worker and is living proof that you don't have to work in finance to be good with money. "I feel like we all overthink this so much. Investing is a lot simpler when you kind of strap it down. Just starting really small, like finding that one, ETF, opening a brokerage account. I think we can all sit here and overthink everything that we do all the time, especially for stuff like this." Find out more at: https://tashinvests.com/ ETFs for Beginners is proudly brought to you by Pearler and the Shares for Beginners Podcast. Pearler is a wealth management platform where you can invest in shares and ETFs and also micro-invest. You can set up your goals, track all your accounts in one place and set and forget using auto-invest. Sign up at https://pearler.com/ and use the promo code "community" for a $10 brokerage credit toward your first investment. Shares for Beginners is a podcast where Phil interviews industry experts to find out how the market works while trying to manage risk and emotions. Let's learn together: https://www.sharesforbeginners.com/ Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/sharesforbeginners ETFs for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not ETFs for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.

We welcome Dave Gow from Strong Money Australia to this episode. Strong Money Australia focuses on helping people reach Financial Independence and Retire Early (FIRE) in Australia. Dave publishes regular articles and podcasts, sharing his thoughts and the key lessons that have helped him on his journey. You can find out more at: https://strongmoneyaustralia.com/ "I like the fact that I can get a decent income stream every quarter, every year, but when I'm looking at investments, I am kind of considering the bigger picture, like the bigger portfolio in mind first and foremost, rather than just chasing the highest yield from here there and everywhere. So I'm more interested in like a pretty diversified portfolio, but hopefully one that produces like a decent income at the same time. So it's kind of a balance and I definitely wouldn't chase super high yields just because it looks more attractive or it's more kind of immediate gratification of getting the high payments each quarter." ETFs for Beginners is proudly brought to you by Pearler and the Shares for Beginners Podcast. Pearler is a wealth management platform where you can invest in shares and ETFs and also micro-invest. You can set up your goals, track all your accounts in one place and set and forget using auto-invest. Sign up at https://pearler.com/ and use the promo code "community" for a $10 brokerage credit toward your first investment. Shares for Beginners is a podcast where Phil interviews industry experts to find out how the market works while trying to manage risk and emotions. Let's learn together: https://www.sharesforbeginners.com/ Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/sharesforbeginners ETFs for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not ETFs for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.