S2E2: Property Prices, Government Spending, and How You Can Get Ahead

I want to go heaps raw on this episode . All good , we're keeping that in there . Yeah , absolutely , jesus Christ . No , we've got a lot that we need to get into . And , michael , you brought up a very interesting question to me off camera and that was the best places to invest in outside of Sydney .

That's where you're going to find the most demand , demand , demand and obviously with restricted supply that we mentioned in last week's show , it's harder to break into the market in these two cities , especially if you want to buy something that's going to grow in significant value .

So there's a few cities that I want to really highlight on today's episode as places you could look at . I'm not saying should , that's specific financial advice . I'm saying could , because I need to cover my ass and make sure that everything insurance-wise is good . The first city I want to mention is perth .

Now , have you noticed something in the last couple years in regards to sports ? There's been a lot more events occurring in perth . We had a state of origin there .

If you remember , mid-2000s , mid-2010s , there was a massive mining boom .

They had a mortgage of $1.5 million and then on the other end of it , their property value all of a sudden halved and their property was worth $1 million .

So even if people are moving there for mining , if there's a mining collapse , the property values there won't collapse like they had in the past .

So there are serious , serious pockets of investment over in Perth , over in WA , that you can invest in . You can buy dual lock houses . So what I mean by dual lock ?

You're buying a house with a granny flat attached to it where each property is making you significant rental income , right , okay , where each property is being rented out and I'm talking theoretical now significant rental income , okay .

Where each property is being rented out and I'm talking in theoretical now $500 a week for one property and the other one is $450 a week . So in total you're making about a thousand bucks a week in rental income . That's $52,000 a year , right . These properties are going for about 750 to $800,000 . Your rental yield is somewhere between seven and 8% .

If you're investing in Sydney or Melbourne , your rental yield is somewhere between 7% and 8% . If you're investing in Sydney or Melbourne , your rental yield is somewhere between 2% and 3% with the property prices at the moment . So you can find opportunities in WA , in Perth , in the suburbs surrounding Perth , where you can make some serious money .

And the awesome thing about Perth is the city was built to hold about four times as many people as it has right now .

You're still seeing suburbs around grow by 10 , 15% over a year , which is great . I'd love to make 15% more money every year and then your properties are positively geared or close to being positively geared , even with these high interest rates . The issue is we don't have a lot of exposure .

Are positively geared or close to being positively geared , even with these high interest rates . Okay , the issue is we don't have a lot of exposure , so people are like oh , where's that ? The truth is , flights are expensive to get there .

Oh yes , so the reason why I like Tasmania so much and I've harped on about Tassie before , I've done numerous podcasts- They've got a footy team now . Yes , they do . It's because of immigrants .

No , but the main reason why actually Tasmania is a great place to invest in is because of immigration , because if you want to become a permanent resident in Australia , you have to complete rural work . Okay , there's an 18 month rural work rule that you need to complete in order to become a permanent resident .

Yeah , you've got to work on a farm or something along the lines of that . The cool thing about Tasmania is Hobart and Launceston are considered regional CBDs , like you're in Hobart . It's bigger than Wollongong or it's about the same size as Wollongong , so it's not too small of a suburb , okay .

But if you work five minutes outside of sorry , not Wollongong , you of a suburb . But if you work five minutes outside of sorry , not Wollongong , you work five minutes just outside of Hobart , or you work five minutes just outside of Launceston , you're considered to be doing your rural work .

I'm saying these words but it's like a kilometer long strip and it's just food stall food , stall food , stall food , stall gin , whiskey , and it's like 9 am on a saturday and you're hammered and you're eating oysters and it's great , okay .

But tasmania is also another place that's really invested in its culture and it's actually considered the food capital of australia yeah , no , I've heard that .

Now Brisbane we all know the three main CBDs of Australia are Sydney , Melbourne and Brisbane , but Brisbane has like a third of the population of the other two . Oh yeah , it's tiny , it's tiny , it's tiny . So you still have a lot of suburbs on the outer skirts , especially the western parts of Brisbane , that you can make some serious money on .

If Switch 10 years ago was a great place to invest , now it's skyrocketed .

You've got new high rises coming up . They're really investing in their nightlife the Fortitude Valley . They call it Bris Vegas for a reason . It is like ratchet you want a night out , you go to Brisbane . Melbourne's still fun , don't get me wrong . You go to Melbourne , you go to Revs . Things happen .

But yeah , melbourne is still Melbourne , but Brisbane has seriously invested in their nightlife culture , which is awesome . Sydney seems to be lagging behind . We're in this city that we don't like nightlife . That's fantastic .

Millions of years of evolution where people have pack mentality and they like hanging out with each other , social animals , yeah , yeah , so people are actually waking up earlier and I'm not opposed to this because I like being healthy . Yeah , you're a morning person . I'm a morning person .

I've been most efficient in my mornings , but in saying that , not everyone is me .

I imagine that was a lot better than Sydney Because there's opportunity there . So , you see , brisbane , they're investing in their nightlife , they're investing in their restaurant culture . They want more people to move to Brisbane . Apparently , you go to Surfers Paradise and it's all Lebs .

I'm a big fan of this , I love Lebs , I love a good kebab , I love a good kebab . But , as I'm saying , it's just look for the opportunities outside of sydney and melbourne . Sydney and melbourne , you're always going to make money . Yeah , but the , the price of that tree is high . Yeah , look at perth . They just had the wwe elimination chamber .

They sold out a stadium . Okay , to me that is insane because it's been the whole population of birth . But like , look how much , look how many people went there . Yeah , look at the ufc has been held there a number of times now . Look at State of Origin has happened in Perth has occurred a few times . They're starting to become smart .

They know that we can't have everything based in Sydney and Melbourne , so they're starting to spread around . So , whilst last week's podcast was doom and gloom and I was sitting there , I was going the world is ending . The world is nigh . The world is nigh . No , you could still make money in other cities . But this brings me to my next topic .

You've got to be good at savings , because if you decide to invest , you can't use the government grants that are in front of you to be able to buy investment properties . Right , so let me they're just for first-time buyers . You typically right , that's exactly right .

And the classification you can be a first-time buyer and purchasing your first investment , you still don't get the schemes . So the first-time guarantee , where the government comes in as a guarantor and you can purchase with a 5% deposit , that doesn't exist . If you're looking to invest , the first-time owner's grant doesn't exist .

If you're looking to invest , okay , if you're looking to move to Perth and this is going to be your owner-occupied property , you can use the first-time guarantee . You can have the government come in as the guarantor and you're using a 5% deposit .

But if you're looking to live in Sydney and rent-vest , as people like to call it , which I hate Rent-vest , I've never heard of it . So rent vesting is you rent where you live ? Rent vesting okay , rent where you live .

I think we need to come up with a better term .

There's a number of things that you need to be able to do . The first thing is you really need to avoid afterpay and zip pay . First of all , these two things do affect your credit report . Okay , so if you have an afterpay account or a zip pay account , they're going to affect your CCR .

The second thing is , when you're using afterpay or you're using zip pay , you're just prolonging the process . You're buying something that you don't need Okay , at a period of time that you can't afford it , because you want it now . Because you want it now and unfortunately , no one is coming to save you . Superman is not saving shit . They're not coming in .

They're not coming to help you . What is happening ? We're being brainwashed by this Instagram culture where you're scrolling through and , oh , I need to buy that . Oh , I need to buy that . I need to buy that . I've got a bunch of books to my left that teach you discipline , and I'm going to be the number one person that says this .

Okay , discipline is extremely difficult . Okay , it is a difficult thing to master and I often get brainwashed by these Instagram ads . I spent 70 bucks the other day on something that's going to help me stretch . Okay , it's this pole and it's a band that's going to help me stretch . I've used it three times .

Okay , I spent $40 on an iPhone stand because I thought it's going to make my life more efficient . It came home and it doesn't work properly . I spent $40 on an iPhone stand because I thought it's going to make my life more efficient . It came home and it doesn't work properly . Classic , okay , like it's just . And that is me sitting there going .

I want to create the path of least resistance . I want to be in less amount of pain , okay , and I want to buy these things because I believe they're going to make my life easier , but they haven't .

No , okay , yet again , all these books are in my brain , all of them , and all of them have very , very you know similar messages in regards to the discipline , where you need self-control , where you need to be able to find ways to make yourself more efficient . And after pay and zip pay and these buy now , pay later , things are not going to do that .

So you have to teach yourself discipline first . You have to really say to yourself you know what Life is going to fucking suck for a bit . Life is going to suck for a bit , but the pension is not going to do anything . We've seen it in the past .

You need to start actually implementing this discipline at an early age , because by the time you're 25 , 26 , you're not attracted by the big flashing lights . You're not attracted to going on vendors and stuff by the big flashing lights . You're not attracted to going on benders and stuff . I wish someone came and taught me this shit at 16, .

But I got to break into the property market at an easier time . For a lot of other people it is a lot harder , because property prices are so high . Wages need to be controlled , otherwise inflation is going to go out of control . Okay , and at the exact same time , to be able to invest or to be able to buy a property is so much more difficult .

You've got more competition , so you need that discipline . That's the first thing that you need , and I'm going to harp on about it Discipline , discipline , discipline . Next is the actual practicality . Discipline is a theory . You can't say . Discipline , you can't touch discipline . You can't watch discipline grow . It is something that is just within you . It's abstract .

It's abstract . Yeah , practicality Right now , interest rates are high . Now you might be sitting there and think to yourself our interest rates are high . This is bad all over . There are certain parts that are good . Yeah , for savings right , that's exactly right .

So for cash management accounts , your interest rates are higher than what they were two , three years ago . You might've gotten half a percent , one percent on your money yeah , now you're able to get five or 6% . Yeah , that's fantastic .

Yeah , so that's the way that you've got to start looking at these cash management accounts . You've got to be disciplined for one to two years . You've got to seriously look at a budget and you've got to say to yourself these are my budgeting tools . I can't go over . Okay , if my friends are going out , which I don't think many people are anymore .

borrow for an investment property with a 10% deposit , not 20 , 10% deposit , literally half Yep , so you can go to second tier lenders like Rezzy , who I absolutely love . They've helped so many of my clients get into the property market earlier . They'll let you buy with a 10% deposit with a 40-year loan term , so your affordability goes through the roof .

They have to wear more risk , yes , but you're breaking into the market at an earlier time and you're able to grow your property portfolio .

The third thing I want to highlight , and this is going to trigger a lot of people figure out how to leverage your skills to make more money . You might be looking at me . You might be looking at me and saying to yourself well , f you , I work hard and I want to make more money . Look at the job market right now .

This is me staring straight at the camera . Look at the job market right now and look at the unemployment rate . The unemployment rate is 3.5 , 3.6% . The unemployment rate needs to be 5 or 6% for an economy to work efficiently . The reason why immigration is so high is because skilled labor is out the window . We don't have enough skilled labor in this country .

So if you've got a skill and it's a niche skill don't be scared . Look at other job opportunities and try and leverage yourself to take advantage of them , because you could be entitled to a higher pay . Don't fall in love with your boss . Do you know what your boss is ? Your boss is a vehicle for you to grow wealth .

If you sit there and you're a slave to your employer because you want to stay loyal , loyalty is only going to get you so far . If you need more money or you need a pay rise , ask for it , because we have a limited amount of skills in this country and if you can leverage your skills , you're going to go very far . Speaking of which , could I ?

But if you can speak well and communicate effectively , if you're great at being on time , you've already beaten 80% of people in Australia . Take it from someone that has gone through a lot of employees and not happily I have . I have actually a core value , that is , I never , ever want to remove anyone from my business or retrench anyone from my business .

I'm not going to say the word fire , but I never want to go through that because I like people being happy in my circle . I like knowing this is the number I call if I need something to be done or this is the people I can rely on . So I like having those particular people in my circle .

But if you show up on time and you are good at your job , there's a good chance that you can turn around and say , hey , mate , can I make a little bit more money ? And you know what your boss is going to say . You're going to be so hard to replace that . Yes , you can , because cost of replacement .

Have you ever heard of this cost of replacement as an employer ?

Yeah , my employee coming up to me and saying , hey , can I have $2,000 more a year , or $30,000 ?

Right , right , things don't happen to you , they happen for you , okay .

What I mean by that is especially with the victim mentality , okay , when you are sad or when you think the world is nigh and all these things are closing in on you , you look for an escape , and the quickest escapes in this world are dopamine , hits , pokies , smoking , drinking , gaming All the fun things in life basically yeah , they're escapes .

If the fun things in life basically yeah .

At the same time , we're living in a country now where it is a lot harder to make more money , so you need to figure out the ways to do that . And you're not going to be able to figure out those ways if you wake up and the first thing that you do is spend 90 minutes on TikTok . Your brain is getting inundated with so many different things .

And do you know ? The thing about Australia right now is we're so good at everything that we do , right , okay , because we're so good at everything that we do , we get pulled in different directions . We say to ourselves oh , I'm good at this , I'm going to try this , but we never master it .

Oh , I'm good at this , I'm going to go Jack of all trades , master . That's what ends up happening . So people sit there and they get upset with themselves and they go oh , I could be a DJ . Watch , I'm going to get on SoundCloud and I'm going to make a few things .

Or you know , I don't know how DJing works , but oh , watch , I'm going to blow up my SoundCloud and then , when they don't , could do that again , and they'll jump on the computer and they'll try and do it again , but they never stick to it . Okay .

So what I'm saying is find one skill that you're really good at , find your thing , find your thing , hone in on that and make yourself irreplaceable .

Yeah , and by building that discipline , by telling yourself that I'm a victor , not a victim , okay , by building that discipline , by telling yourself that I'm a victor , not a victim , okay , by creating a cash management account , by doing those things , you're going to watch your savings grow , because you're going to say to yourself I don't need to spend $100 on the

pokies to feel something . Okay . And the government sets pokies up because they profit off them . Look at the lockout laws . Boy , do they profit off them . When , when , when , lockout happened , what was the only thing that was open in the cbd after three am ? That was unreal .

So for some people I know that it's an issue like if they've got , you know , severe depression and stuff really difficult to get out of bed and or just do anything really , or even anxiety and stuff like that , and then onto the more serious stuff with your bpd and stuff like that is , you are on a six-month waiting list to get into a psychiatrist's office or

a psychologist's office . It might be government-subsidized If you're going to see a psychiatrist , it's certainly not and it's going to cost you $600 for an hour . Yep , that is something that we need to look into as a nation as well public spending where that needs to go . And that can happen , you know , because mental health is also .

It plays into the pokies , it plays into the drinking and all those things that you were saying . For those dopamine hits , I'm so depressed I can't afford therapy , but I can afford a beer or a pack of cigarettes . Actually , I don't know how you can afford a pack of cigarettes nowadays , but you know what ?

Thanks Albo , and I got a whole thing about vapes and why . If they really wanted to get rid of them , they could , but I'm not going to because this is not the place . Anyway , I lost my train of thought .

I kind of looked at myself in the mirror , I looked , I was looking and I had two hands and I had two feet and I had a voice and I was like okay , we can figure this out . Regardless of anything else , I can figure this out .

I'm going to figure out how I'm going to be able to make more money in order to be able to complete my university degree , in order to be able to start my business , in order to start my life , start my investment life . So what I did was I used the resources around me . I had a personal training certificate , so I started personal training again .

Okay , I was calling around for work and my cousin got me a job with Lexus as a limousine driver . I needed my full license , but that was my job . It was the best job I ever had . Why ? Because I would pick up where I needed to pick up , I would drop them off , okay .

And then in that in-between time of me picking them up and dropping them off , I was allowed to go study at the library and I was getting paid for it because I was on call . So my client had to message me 30 minutes beforehand hey , come pick me up , and I would know exactly when to leave the library , when to leave wherever I was to go pick them up .

So , yes , I was limousine driving , but I would go , I'd pick them up and in that time I'd be able to use that two or three hour span to be able to make money and study at the same time . So that was . That was a semester at uni where I took five units I was doing .

Anyone that's been to uni knows that five units is a lot to take on at once Way too many . I did five units . I got HDs in all of them , okay , I was also earning some of the best money I ever earned in my life , because I was a limo driver , okay , and I was a personal trainer at the same time , and because I was focused in on what I was doing .

I was so ultra focused in on what I was doing . I was able to grow my savings and I was able to grow it exponentially . And people turn around and they go to me oh , you know that's too hard to do . No , you will always find these little pockets where you can make that money .

Okay , and because I was so ultra focused on my university studies at the time , I knew I needed to get into finance . I knew that personal training wasn't my calling , even though I was still go to the gym regularly and I love it . But I knew that those were the things I needed to focus in on .

And because I was ultra focused on that , because I was ultra disciplined and because I said to myself no , I'm not going to sit here and say I've only got 66 cents in my bank account . Do you know what I'm going to say to myself ? I've said to myself I've got two hands and I've got two feet , I'm going to figure this shit out . And I did .

Okay , and not a lot of people could say that . And that's why I always preach discipline , discipline , discipline . I could have waited till my next paycheck and gone and blown that on another night of drinking . I could have waited and spent that money again on shit that I didn't need . Okay , I spent shit money on shit that I don't need .

It's really just about moderation and it's like you know , instead of 10 beers , have five beers , something like that . Obviously health-wise maybe you don't have any beers , but is there a way that the government can help foster that kind of thinking , or help foster that kind of , or just help foster ?

But what you can do is you can use your superannuation , you can make voluntary contributions . So instead of that money being taxed at your regular tax rate so let's say you're on 80K a year , your tax rate is 21% You're instead taxed at your superannuation rate , which is 15% . 6% less isn't small .

It's significant money If you were going to put that money aside for a house deposit , anyways it's going to go in there . So you use that scheme to be able to save more . The first time super saver scheme is great . That's a great initiative in order to be able to save more money .

But if you've got a great broker and you've got a great financial advisor , okay , and you can be making $50,000 , $60,000 a year and speak to a financial advisor , it's not just for the wealthy , it's for everyone , because they're the ones that set up your insurances , your superannuation , your growth , anything like that .

Don't think to yourself oh , I'll just worry about that when I'm older , worry about it when you're 17 . Worry about it when you're 18 . Go up to a financial advisor and they will love it . They will actually love the fact that you're thinking about it and they might not even charge you . They'll go .

You're 17 and you're thinking about this and good financial advisors get excited about this . They go oh my God , okay . So if you need to pay any fees , we're just going to take that out of your superannuation . We're not going to ask you for upfront fees and a lot of the good financial advisors do that and they're going to say what do you need set up ?

You want to save for a house deposit in your first home in the first home super saver scheme Perfect , okay . Oh , you want to go buy an owner occupied property ?

Okay , we're going to stack that up with the first home guarantee so you're saving your deposit at a lower tax rate in the first home super saver scheme and at the same time you're using the first home guarantee to be able to purchase a property .

The only thing is the price caps are a little bit out of control , because the maximum you can use for Sydney is $950,000 . And where can you buy in Sydney for $950,000 ? These days the median house price is 1.6 million , so the government does help . No way Is days the median house price is 1.6 million , so the government does help . No way that's .

Is that the median house ? that's the median . That's . That's what most people pay in sydney now for a house 1.6 million dollars , not the average . The average is lower than that yeah , yeah , but the median is is the middle , yeah so what I'm basically saying is the government has provided incentives to be able to help people to save yeah .

But they do need to do a little bit more . They need to start focusing in on the immigration . Policy is really out of control and I've mentioned this time and time again . But they need to think to themselves . If we're going to let in this many people , we need to increase the supply of housing , because we can't handle this many people Yet again .

More skilled migrants perfect , I can hire more people that could do great jobs , but if they don't have a place to live , that's going to impact everyone around them .

5% is for the owner-occupied , but if you want to lease it and it's your first home , we'll come in and we'll guarantee the other 10% . Because if you're going to be an investor , we need you to prove to us that you could save 10% , that you're not just going to invest , use the money and go splurge . That's a good example .

Or have a stamp duty waiver for first-time investors . Now , yes , you're going to see heaps of people entering the market that way and , yes , you're going to see a lot of people entering the market that way . And yes , you're going to see a lot of you know people parents giving 10% deposits to their kids , and rightfully so .

But let's think about it like this Okay , we're going to increase the investment market and this is me spitballing . This is a hypothetical idea and it might actually be a good idea because it sounds good in my head right now .

We're going to do a first home guarantee for investors only , and we're going to do it for people that live in major cities like Brisbane , sydney , melbourne . The government is going to come in as a 10% guarantor if you choose to purchase an investment property . You don't have to pay stamp duty . We'll worry about the stamp duty as well .

Okay , but you are only allowed to invest in regional suburbs .

I mean it just gives people options If you don't want to live in Sydney and you have work in Newcastle , for example you can go there Exactly and you can rent for cheaper , because now there's more investors buying in the rural towns over there .

So you wouldn't think that , um , increasing the amount of uh , first-time investors could potentially lead to a issue of availability ?

More so , it's like , because there was a period in australia , um and I'm not sure if that's what's still happening , because a lot's changed since then um , that you've got all these empty places that are owned but they're empty , um , they're not being put out for renters , they , they're like Airbnbs it's not exclusive to Airbnbs , but things like that .

Do you think that's a potential risk , unless you make some sort of clause in the agreement ?

The bank and the government monitor that and they see if you're collecting rental income at any point in time and if it's going into that bank account , because what you've done there is a tax avoidance for stamp duty . Stamp duty is a tax , yeah , okay .

So if you've , instead of moving into the property , you've made it a investment property and you're collecting rent from it , the government will hit you with a bill for stamp duty . Okay . So they monitor that .

If they do the same thing , where you're an investor and you've used a 10% deposit and you are collecting rental income to help you pay off the property , I don't see why they can't do that . That would stop it from being unoccupied and that would also stop it from being an empty property . Because I know what you're saying . You've got these people .

They come in , they bought , they buy four , five , six properties at a time and they buy it with cash and they just leave them vacant or they use them as Airbnbs , because they'll have less people in there . They'll get to use it whenever they want . So let's create a policy around it . Okay , you're allowed it . Use the investor first-time guarantee .

Yet again , joseph's just a bit balling . Yeah , yeah , yeah , you have to use a 10% deposit and it can't be a short-term rental , it needs to be a long-term stay . Okay , so we're going to help property developers get more contracts of sale because , guess what , more people are going to be able to enter the market as an investor .

We're going to help first-time buyers still stay at home with mom and dad , because they might not want to move away from mom and dad . Okay , until they're 30 . I'm Lebanese . My dad , like when I got married , it was the saddest day of my mom and dad's life . Like it was like , oh , baby , he's gone , you know , like that is just a Lebanese mentality .

No , it's not too different for the Croats . Yeah , it's , it's that's how they think .

They just think to themselves this is what we're going to do in order to be able to save money , or this is what we're going to do in order to help our kids , and then , if they can monitor at the exact same time , okay , there's rental income coming into these properties and it's long-term rental income , not short-term rental income .

I think this is a win-win-win situation where more properties are being built because more contracts of sales are out there . You've got more people who are moving to Australia that might not have cash deposits , that are able to rent more properties because more properties are being built again , and then you have more first home buyers entering the market .

You know , I just wrote up a whole policy . Albo , you can take that . There's the investor first home guarantee , and let me know what you think about it , because I don't think it's a bad idea . Michael , does it sound good on paper ? I'm sure certain there's a litany of cons that people are going to smash me on .

But look , on paper , I sure to answer your question . Yes , there is some things that the government can do in order to be able to help australia , but I think they need to start growing a set and they need to stop worrying about lobbyists and pissing off their electorates . That's what Howard did .

Howard pissed off a lot of people , but then , a year or two later , when they saw the economic benefit of it all , people were like no , this is great . When Howard first brought in the GST , it was so opposed . It was so opposed and people were like he's out , he's gone . Bloody Howard , he was the longest standing prime minister .

Yeah , I think I'm pretty sure , and people are always like bring back Howard . He was the one that was happy to take it on the chin . Okay , he was happy to be booed . He was happy to stand up in a stadium and be booed , but he knew that whatever he put into place a year or two later , it would be for the betterment of the country .

And I'm going to leave us on this . That is what government is supposed to be about , and it's from the Dark Knight Rises when people are sorry . The Dark Knight and Julius Caesar's quoted . It's an ancient tale Government officials should not be happy to be elected in .

They should be dragged into office kicking and screaming about how bad they do not want this job , because these are the people that know what is best for people , and they're not doing it out of power for themselves , but they're doing it for the betterment of a nation .

I've got to go hang my cape up and got to be ready for tomorrow to save a whole bunch of other Australians , but no , there's nothing else I want to discuss . I want to thank you all for listening in . I know this was a very philosophical episode and it was a very niche episode .

I hope you got a lot of good information , a lot of good general advice on this episode of where to invest , but I do hope you all enjoyed it . As always , I've been Joseph Dalwood . This is the Finance Show with Joe . If you do want any help with your financial advice or if you do want help with your mortgage , visit us at wwwitsimplecomau .

You can also find us at itsimplefinance on Instagram and also at joeychandon on Instagram . It's like Moet Chandon but Joe A Chandon , because my name is Joey .