Investing for Beginners: Stop Dreaming and Start Doing in 2025

Hello, my name is Satasha Nabananga Bamblet. I'm a proud

Let's get into it.

She's on the Money, She's on the Money.

Hello, and welcome to She's on the Money. The podcast that shows you investing isn't just for the rich. It's for you to not to say that you're not rich. Who I was listening to this? Maybe there's really rich people listening. Yeah, maybe maybe they got rich because of this podcast.

Why are you still here?

Yeah?

Well good questions. Yeah, well maybe they should be teaching us at this point. Yeah, you call me, you call us please. Does it get to January each year and you promise yourself this will be the year I finally invest only to pushed off because it feels too hard or too confusing. Well, maybe you've gone to start, opened an up or even googled how to invest, but got cold feet. Or perhaps you're stuck thinking do I even have enough money to invest? That's a silly, silly, silly question.

Yeah, like on the inside, but sometimes it's not what's on the.

Inside that well, that's very true.

So I am an ex financial adviser, like I'm hoping you feel very different yes about me being an ex financial advisor than you do about an ex partner.

It's it's on par in the bin. Victoria Divide is here to talk us through investing.

I know I am, and I'm very excited about this. In fact, I've managed a lot of people's investment portfolios.

And small flex made them a lot of money.

So like low key, do you want to learn about investing from just some player bonni Instagram who is just doing it themselves? Or do you want to learn it from an ex financial advisor who's literally made other people millions of dollars and has done it herself.

I don't know. I don't know. That is a tricky one. I don't know.

I don't want advice from someone who doesn't know how to invest. Finance doesn't walk to the walk.

Yeah, now, finance bros.

Do you know what the funniest thing about finance bros Side note is how many of them might ended up with as clients and they were useless with money. Oh that is It's so satisfying. Anyway, I loved all of my clients equally. It's what I meant.

Oh that's what. No judgment, No judgment.

But do you know what my goal is, apart from being less judgmental to finance bros. Is in twenty twenty five.

Beck, I should probably know this, but I haven't. Maybe I just wasn't.

Obviously it's the same as last year, and that's to get more women investing.

I'm talking literally.

Everyone from the woman who is just like smashing avotoasted brunch to the woman who is swearing that she's gonna start wants to just gets return in.

June like not yet.

Because investing isn't just for the Warren Buffets of the world, Beck, It's for anyone who's ready to make their money work harder than the friend who always organizes the group chat. And the best bit, it doesn't take thousands of dollars or even a finance degree, which turns out I didn't need that to get started.

Well you can check that out. Yeah, I just pop it in the bin.

Actually, I don't know if you follow me on TikTok, but one time I pretended to set it alt.

That was quite fun. Or did you like make a fake one and then.

Said no, no, I pretended to set the actual thing alight because someone was like, she doesn't know what she's talking about.

She doesn't even have a degree. I guess I'll burs then, good, thank you. They really triggered me. It brought out the worst in me.

But honestly, Beck, to start investing just takes a little bit of curiosity and a few dollar us.

Really, that's actually so empowering to know that you know so let's start with why we should be investing.

Okay, but nobody has gotten rich because they just saved their money. It just doesn't happen. Like to create wealth, to create real wealth, to create real financial freedom and real financial security, investing has to be part of your strategy. It can't just be like, oh, like I just save, Like I'm pretty good with money. I know that that

I'll be fine.

In ten years from now, that money is not going to buy you ten thousand dollars worth of stuff. Like the basket that you'll be able to buy in the future is significantly smaller. Your money in the future is always going to be worth less, and that is heartbreaking because you worked so hard for it the first time. So if you're not investing it, you are putting future you in a worse of financial position.

Yes, and like, this.

Year is my year of being relatively aggressive about that narrative because I'm getting so sick of seeing people say, oh wait till I get my tax return, or like I'm just not smart enough yet, or I just don't

Not doing it. That's the thing. Is like when you're watching like a horror movie and you can see the murderer there and you're screaming at the TV. I have the answer for you, but you can't hear me.

You know.

It's like I can understand the I'm not gonna say aggression, but the passion investing is the thing that is going to get you ahead financially. Yeah, I really respect that. Thank you, thank you. So I am sold personal investing. You know, I started with like ten bucks, which is all you need.

You literally can invest in Australia nowadays with there's little as one cent.

Yes, exactly, and where are your excuses? Totally totally.

So the ten dollars you started with, it was the free ten dollars from Yeah.

It was free, like it wasn't even your cash, it wasn't. But hold on, hold on.

I am obsessed with this because your free ten dollars, Yes, you started investing. How much is in your investing account now?

Well, I have been adding money, but only because I started this, and it's snowballed. So now it's like one hundred dollars one hundred and one dollars. Isn't it exciting? But it's like, yeah, once you start, it's like doesn't actually even matter if it's going higher or lower or sting the same. It's like, I want to keep putting money in. It feels so good, and it's.

So good being able to start with such a little amount. I think a lot of people have in their heads that and you know, we'll get onto this, but they need to start with a big amount because otherwise why bother.

But if you start with a little amount.

It doesn't feel painful, like it's scary if you've only got five hundred dollars in your bank account and you're like, oh, I don't want to invest that, Yeah, because that's risky.

Yea, Let's not do that. Let's just do ten dollars.

Like, let's start with an amount that feels comfortable, because it's like the gateway. It's just going to get you in there, and then you're just going to keep wanting more. And like if you're going to get addicted to anything this year, beck it's making money.

Yes, yes, yes, yes, it's twenty twenty thrive after all, Exactly how do we overcome the fear, as you say, like when you have like a big chunk of money, you don't want to invest. It's a bit risky, Like how do we overcome that fear of losing money? You know, you put a big amount in there, maybe it goes down a little bit, up a little bit. It's like it's very scary to check it every day and be like,

No, no, no, it's just one or the other. I want hush, Oh you want harsh ha. Why do you think that you're so special? Why do you think your decision is going to be more life changing than the next. Why are there so many people in the She's on the Money community who have been able to pull their fingers out and invest and go okay, cool, I've just picked two ETFs and I'm starting there and that makes

You could even sell it.

Maybe you lose some money, you're right, But if we're only starting with ten dollars and you lose twenty percent of your portfolio, that's two dollars, right, And I'd prefer you to lose two dollars and get a financial education than have never pulled the trigger and just started.

Yeah, that's so true. But if you gets the wrong platform, yeah, who cares? Change later?

Exactly it might cost you thirty dollars in brokerage because you made the wrong decision, But you already had a couple of one hundred dollars invested by the time you've decided to change platforms, And what's thirty dollars for your financial literacy and you're trying things?

That's a really good point, because I feel like even just putting money in, like two dollars here and there and to shareesias, I've still learned how to navigate the app and how to sell and how to buy, and those are things you might not even know. You might not even know how to download an app. Like this whole thing is a.

Very very good learning experience, And I think that that's just it, right, Like so many people, as you were saying, don't start because they're scared and you don't know how to do that. It is risky.

I get it.

But once you've found an option that you think might work, I think we get analysis paralysis as women, and we try to overcomplicate things, like we find the answer and then in the back of our heads we go, it can't be that easy. I'm going to do some more research.

Hey, what would it could be?

Twenty twenty five? A mediocre, middle aged white man. Do you do that? You do that bad? Yeah?

Okay, that's all we're asking ourselves this year. Okay, that actually does make a lot of sense. But I feel like even when people understand that, there's still something holding them back. What about like mental blocks like feeling too inexperienced, or scared of making the wrong decision.

Beck.

So many people hesitate to invest because they just don't feel like they know enough for they are scared of making mistakes. But like, those are mental barriers holding us back. And again, you've picked the rogue Victoria today. Yes, I'm glad you did, because she's feeling quite rogue.

Me too.

But like Sillier, people have done better than you at investing just because they did it, like just because they got involved, just because they picked around the ETF. Like some of the most successful investors in this country have just picked the top two hundred companies, Like they haven't picked anything, you know, specific, they haven't been like, oh, I did heaps of research into Buyo pharmaceutical sales, and

Yeah?

What if you actually just picked a really conservative investing option. We don't need to overcomplicate it, I think exactly so often we overcomplicate it because we go it should be harder than this. Surely you can't just don't just create wealth. Surely you can't just make money.

Yeah, Like, why doesn't the government all about this?

Is?

Why isn't the government's stop? I know, why are they giving me free money? Why are they giving us money? But it's like, I know, why are they letting me? Letting us do this?

I mean they're taking some tax. So when you make money, the government makes money. They're very good at it.

It's very frustrating.

I don't like that, But it's not that deep. Pick an ETF, pick a share, Pick something that aligns with your values. And try it, and if it doesn't work out and you have to sell that asset, not because there's lost heaps of money, but because you decide it's no longer aligned with your values, sell it. Beck, you said that you'd worked out your investing app. Is it easy to sell something?

Yeah, it actually is. I didn't do it for a long time, is what. I had money in there, but I was like wanting to move things around. I was like I don't know how to do that, and I didn't even touch it for like weeks, and then I was.

Like, sure, it can't be.

It's really really quite easy. How hard can it be? How hard could it be? Honestly, anything is googleable these days? Is google it? You can do it? You can do it.

That's the energy we're taking into this year.

Exact.

I think so many of us hesitate because we just expect that we need to be the best and the biggest at it. And like, let's talk about imposter syndrome here. You don't have to be an expert to become an investor. You can become an investor today and literally be like us thought on't or what I'm doing? Like, Beck, are you an expert at investing, I feel like it, yeah, exactly, But also are you an expert? Probably not no, but are you an investor?

Yeah?

Okay, so you don't have to be an expert to become an investor.

True.

And then you've got apps like you know you're using charess. They make it super simple, like they want to make it simple so that beginners are able to just start, and like even the seasoned investors, we don't have all the answers like do you know as a financial advisor tax time? So like any end of quarter, I'd be so anxious, right because if the markets weren't performing and things were down, I was scrambling, right, not because I had to feel things or clean up things. I'd be

Yeah?

That would be I would quit all this way used to be so anxious, and I would do all this research and I would come with like print outs of things and print outs of their ETFU, printouts of their shares and like the performance and why. And I would do the market research and I would call all of the investment houses and be like hey, cool, Like what's your take on the market sentiment at the moment, Like what's going on? How's it moving? Oh, it's down a

And then I'd be like, but we've talked about this.

And my client be like, yeah, no worries, no worries, that's some market, right, you said this would happen I'd be like, did you want to know anything about it? And they're like, have you got a hold of it?

And I'd be like, Bellielly, I'm so worried.

And I wouldn't obviously tell the client that, but in the background I have scrambled because I'm thinking that my client is going to march into my office and be like, the my portfolio is down by eight percent? What are you doing? Is this a lack of your competency? Like right, I would have the biggest imposter syndrome. And I still get that when I look at my own portfolio, because I go, I'm a financial or an exponancial advisor, Surely I should be doing well. But we can't control the markets.

Yeah, that's so true.

It's so good for you, because I get analysis paralysis. I'm sitting here being like, okay, cool, So COVID's off and our interest rates are still high, and interest rates are you know, from my perspective, probably still got to be high for the rest of this year based on what happened in America, And like I'm extrapolating out things in my head that lots of people would be like what the hell right, But you're like, oh, I've finally done my research and that ETF feels comfortable.

Yeah, yeah, that must be nice. Go and do it. That's all you gotta do. Keep it simple exactly. So we talked about like the mental blocks and fears, but how do we actually move forward? What's the first step? Would you recommend?

I have so many steps if you want to get started investing, but let's take a really quick break because I've got written it out. It's a fun step game plan so that you can start your investing journey today. And trust me, it's so much easier than you think, because by the end of this episode, you're not just going to be ready to take the first step. You're going to have ten bucks from me in your account so that you can take the first step, So don't go anywhere.

Welcome back everyone. Before the break, V, you promised to show us how you make.

Beck, I never promised anything. I would never make an investing promise.

Oh what would you call it? A kind word? Yeah?

I said kindly that I would show you my five step game plan.

That's so sweet of you. V. I read it out and I'm very proud of it. I didn't say this before, but I think it's really nice that your news resolution is about other people. I never thought about it that way. That's very very sweet. You're right. I am really nice, a really good person. So I should buy myself a treat. You should, absolutely, I love this. Make it about everybody else. Yeah, exactly. A handbag. Yeah, you deserve a handbag. Thank you? Bring that huge? That was so nice. How do we start?

You've already started, so you've already done these things, which is very cool.

True.

When I said five step plan, I didn't promise it was five revolutionary steps. I just said it was a five step plan to getting you invested. So nobody's going to be surprised when my first step is I want you to set clear financial goals. So I need you to be super clear about what we want to achieve. You're going to define what you're investing for. Is it short time? Like are you investing so that you can go on a holiday in five years? Or are you

Really sorry if you're just coming in and this is the first episode you're listening to, ever, I think this is still more aggressive. It's aggressive. It's going to get you to do something. I'm an aggressive parent here.

I just want the best for you, and to get the best for you, I actually need to just give you some hard truths.

Gorgeous. It's tough love, but it is lough love.

But it is love all the same, and that's what counts. So we want to be really specific about our financial goals. We're not just going, oh, I want to go on a holiday, or I want to retire like you want to retire, fantastic. What does retirement look like? How much money do we need in our retirement savings account? How much do we need in investing? What does that actually

Right?

So if the answer is no, then you're not going to get to the end of this year and have ten thousand dollars saved.

Yeah.

We need to then change the goal so that we can achieve it, or change the timeframe, do you know what I mean? We just need to be specific. Okay, So now we know our goals, what's the next step?

As I said, I.

Didn't say it was going to be revolutionary, but it is what you have to do to get invested. You're going to understand your This one's icky, Beck. I mean, I'm not going to say you can skip this one, okay, but I know, Beck, you skipped this one. I did, Yes, you skipped this one. You were like, I don't want to understand my budget. I'm just going to invest and see what happens, and I mean valid strategy.

Thank you. I call that the Yolo method. Yes, exactly.

What I care about is that you are invested and it's sustainable and making sure that it's sustainable. So I want you to start with what you can afford. Investing doesn't require huge sums of money, but if you want to get really serious about investing, I need you to do a very clean, clear budget, so I know how much you have per week or per month to invest. That might be five dollars, it might be fifty dollars, it might be five hundred dollars. I don't know what

Yeah, okay, I like the sounds of that. So what personally, I'm going to not do that? And then I mean, it's.

Your choice and no judgment. I'll give you the tools if you don't want to use the tools.

Whatever, he's my bed, she's using your bands.

It's like there's this shovel over there back and you're like, I'm digging with my hands.

Okay, no worries.

Pop opsis. The next thing I want you to do is your research. But we're not going to do the analysis paralysis type research. We are going to do clean, clear timed research. So you know how I said before, we need to set clear financial goals. We need to set clean, clear times for doing finance research. Because if I said, Beck, go and research what the best ETF is, how long's a piece of string, you are always going

Yeah.

It's so sick because you might be like, oh, v I really want a sexy app, and then another person's like, I don't care about an app like I want. Yeah, so I've just done you know where you do like the big tables and like there's the brand up the top, and then down the side there's all the features and then like crosses and ticks. Yeah, you can just have a look at what they have and what they don't have and compare them.

Wait where do you find that?

It's inside my investing master class? Oh my god, a little bit gate kept. But like that's because it took me so long.

Oh fair enough, I would be charging for that.

So we are exploring all of our platforms and we're picking one. You're gonna kick the one that makes the most sense for your investing style, and that's usually reflective your personal style.

And then you're going to learn about fees.

So a lot of people are like Oh my gosh, I don't want to pay fees to invest Mate, you pay peanuts, you get monkeys, Like at the end of the day, we actually want to pay fees for our

Really, you can claim them on tax. It's incredible to know.

So come tax time, back your shares, these fees that you've been paying.

Hmm, she's gonna claim them. Oh my god, that's actually so good, that's so exciting. Before I get to the next question, I just want to ask you what does ESG stand for.

ESG is environmental social governance and it is here in Australia and honestly internationally, the closest thing in Australia to having like an ethics policy. So ethics isn't governed, but ESG is this way of kind of measuring companies and saying, you know, environmentally, what are they doing society, what are they doing? And then governance in their organization are they good eggs or bad eggs? And it's usually a pretty good measure.

Okay, okay, good to know day school day exactly. It sounds like there are so many options out there, so it can feel pretty overwhelming, I imagine. V I know you can't really like say exactly, but I'm just kind of trying to get a bit of an understanding what kind of like investments are perfect for beginners to focus on to get started. You're a beginner, aren't you. Yeah, seasoned investor?

What are you?

Oh god, I'm on my way to season Yeah yeah yeah.

So as a non beginner investor, you big dog.

What did you pick? I think it was S and P five hundred to one hundred companies and also Vanguard.

Yeah, so that's the supplier. Ah, did you pick like an ETF or like direct shares? Sounds like if you went with Vanguard, you picked like ETFs or index funds. I think it was ETF And then my dad recommends this random one that sounds like titomatic or something.

I don't know what that is, but cool. Anyway, that's me. That's how you got your investing advice. But you picked an ETF, I believe. So why Well just because like I don't know what I'm looking for. So I was like, I'll just get a bit of everything bay.

Yeah. It's like when you go to the shops for the first time. There's a new lolly shop and you've never had these lollies. Yes, So like I don't want to just like go all in on one lolly. I'm going to get the mixed bags, see what I like, and then I can go back for more if I want lea. Yeah, that's how i'm That is how I feel about ETFs and in our community when I talk to everybody who's you know, started investing or has been investing for a while. ETFs or exchange traded funds, which

Oh my god, I'm so excited for a second.

I'll tell your flying, I'll tell your flying. I'll never share what ETFs they are because I know that that you know, I probably legally can, but I genuinely feel like that would be me giving advice because I just know that people would copy me.

Right, I certainly would, Yeah, exactly, That's why I'm gatekeeping it.

But I have two ETFs, and what I will say is one is Australian and one is International. And then I like clues, have not clues, Like it's just me going, oh, I don't want to put all my eggs in one Australian basket. If International is doing well, Australia is usually a little bit down, and if Australia is doing well, like it balances out. I just it makes me feel comfortable. And then I have like my other investments where I've gone, oh, I do want to own that company directly, and like

Yeah, so true.

I'm not here to think that I'm smarter than all of the big investment fund managers. Well, and if you think you are, and you can pick your own investment portfolio pop off cys, that's very impressive. I don't even think I can do that.

Oh god, I wouldn't be able to do it in this life exactly. Okay, So here we are. We've done our research. Queen, what's next?

We need to stop saying slay. We're in twenty twenty five and like I left slay in twenty twenty three, Like, honestly.

You know, you have to pick a new word though, you're going to make like Nike you're gonna make like Nike. Okay, is this the next step or you're telling you that's your new word for slay.

No, that's me saying you're going to make like Nike and just.

Do oh slow today.

When I was in high school, I had a crush on a boy who had one ear pierced and he had the Nike swoosh like this swimp earring. And I think about that a lot.

It's like because he's hot or no, that was just a choice. I yeah, that was just.

A choice one out of ten. Was he really thinking, Oh, my hair looks like justin Timberlake's and I have a Nike earring, The girls are going to.

Be lining up? The man was not wrong.

Sorry, but like researching back to this story, the researching and the planning, Yep, we've done it. We keep doing it though, Okay, as women, I think we keep doing it, and then we keep doing it again and we think we haven't done it well enough because we don't back ourselves. It is not that deep. You are thinking too much about yourself in this situation. You've done your research. Nothing is going to happen, No money is going to be made,

Yeah, the reason you.

Haven't started is because you haven't trusted yourself enough to make a decision.

Trust yourself, maybe, girl.

Exactly pull your finger out, because once you've done it, you no longer on the sidelines. You are a seasoned investor. You're in the game and your money is working for you.

That's crazy. In literally like one nano second, anyone who's listening could be seasoned investor.

And I mean if you are an Australian resident and you have been working in Australia, you are already an investor because you have superannuation. So if you're not caring about that, start caring about that today because all of this stuff that I'm saying is actually applicable to your super as well.

Hmmm, oh god, that's scary. We're just pulling our finger out, like yeah, well, exactly right. I love you, but we need to just do some work now totally to start investing now. It doesn't have to consume your world. Just dedicately, like an hour, you know, yep, just a little bit, just watch some investing tiktoks, like start in a way that makes sense for you.

But at the end of the day, you need to start. I'm sorry, exactly, you just need to start.

Just start. So we've made our first investment, yes, slay, what's next? Not slay, not slay.

We're not saying slay anymore. Honestly, We're going to stay in the community. So we're going to stay educating ourselves. We are consistently going to be looking into different ways. We are going to be engaging in content that makes us smarter and makes us richer. We are going to

Like this is kind of like that.

I want to take it to the next level, and I want to get my stuff together, and I really want to be a good investor, and I want to do it with UV in twenty twenty five, that's when you need to do that.

Yeah, I just want to.

Be very clear you can invest without doing my course. I think that is so important to just caveat that. Not because I don't think you should do it. I think you should do it. I know it is worth it, but I don't want you thinking, oh, the only way, like if you only have ten dollars and you're like, well, I can't afford the court, No, babe, you can. But also keep your eyes peeled because we will be offering

Trust the process. And also you don't need to know everything before you start, exactly as you're saying, fee, you can learn as you go. That's the beauty of.

It exactly, Beck and investing. Honestly, I know, I get it. It is overwhelming at first, but it is about starting small, staying consistent, and learning as you go. The earlier you begin, the more time that your money has to grow and work for you.

Babe, summary of it. Start now because you'll be richer sooner. Like, I don't know how. I can't be clearer than that. It's so it's you.

When I get rich, I will teach you how to do that.

Yeah, just do it, Just do it. And if you're ready to take things to next level, our she is on the Money Investing Masterclass is literally designed to make you feel confident and in control of your financial future. If you don't mind, I might think to the waitlist for the next intake in the Oh my gosh, yes, please do.

And of course, because I told you this year is my year to get you invested, I've got lots more investing content coming on the podcast for twenty twenty Thrive And as always, please do not forget to follow or subscribe so you don't miss a thing and you help support our little podcasts.

No, we'll see you.

Soon, guys. See you guys on Friday.

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