Stocks, bonds, crypto, property… there’s so much investment advice out there, and everyone keeps saying “start young for better returns.” But what if you’re already 28? Is it too late to start? And honestly… how do you even start?
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00:00Investing feels like I'm gambling.
00:02And I have to say that I do think it is gambling in a way.
00:05I can be called a professional gambler.
00:07Stocks for me is something that like, because I don't understand it,
00:10I don't even want to go near it.
00:11So I kind of feel like, oh, is there any point in even starting?
00:14I'm already behind.
00:19Hello, I'm here to talk about all things money.
00:22My name is Ymir and I have Yasmin with me here today.
00:26I think you want to talk about investing, right?
00:28Yeah, I do.
00:29All right, so where do you want to start?
00:30Investing is like a...
00:31It's a really big topic.
00:33I don't even know where to start.
00:33It's a really, really big topic.
00:35So, okay, so some background about me.
00:38Okay.
00:38I'm 27 years old and I still live with my parents,
00:44which means that I obviously don't pay for electricity.
00:50Obviously.
00:50Utilities and stuff like that.
00:52I hope my mom's watching this because I live with her and I pay rent.
00:56Yeah, well, I don't pay rent.
00:58Okay, okay.
00:58So like a lot of my, a lot of my spendings are, I guess, just for like my personal spendings.
01:07With that being said, you know, like when I get like my monthly salary and stuff like that,
01:13like I'm not stingy, but I'm a good saver.
01:16Okay, that's good.
01:17But I'm also not comfortable just like kind of knowing that the money that I've accumulated,
01:24that savings is sort of just sitting there.
01:28Yeah.
01:29So like, I don't really know where to begin.
01:31I know tons of people who've, you know, gotten into like the crypto game when they were like,
01:38I don't know, 20, 21.
01:40Yeah.
01:40Um, I also know people who've gotten into like the property game, into Forex and stuff like that.
01:47And I just, it's a bit overwhelming basically.
01:50For sure.
01:50Um, so I don't know where to even start.
01:56Okay.
01:56Okay.
01:57So you have money saved up, right?
01:58Yes.
01:59I have like a savings account.
02:00Okay.
02:00Like a separate one that I just like don't touch.
02:02Like your feelings about investing, is it, does it come from fear of investing or is it just
02:07really, I have no idea where to start at all?
02:09Okay.
02:09So this might be a bit, maybe I don't think it's controversial because I think a lot of
02:13people feel this way as well.
02:15Okay.
02:15Like investing feels like I'm gambling.
02:19It is.
02:21Um, so I know there's this, there are like, there are investments that are like Sharia compliant.
02:29Yeah.
02:29Sharia compliant.
02:30Yeah.
02:30Um, but like to me, it feels like I'm gambling away because I understand that there are certain
02:35risks and stuff like that.
02:36So I'm not really a risk taker.
02:39Okay.
02:40So that's why it freaks me out.
02:41Okay.
02:42So that I don't know like, okay, um, am I better off going into property because it's
02:47not as risky as crypto?
02:49Okay.
02:49I can't even, I don't have a measure of that.
02:52Okay.
02:52Yeah.
02:53I think a lot of people, um, feel the same way as you.
02:57So I guess not super controversial, but I guess to some people, they might think that
03:00this is a bit off, right?
03:01Just, just my opinion on this.
03:03So I am a trader by profession, right?
03:05Um, and I have to say that I do think it is gambling in a way just because, okay, okay.
03:11Gambling, gambling is basically putting your money somewhere, right?
03:15Yeah.
03:15Having a bet without knowing, without having a certain outcome.
03:18Yes.
03:19That is literally the definition in the dictionary.
03:22And that is, that is trading, that's investing, right?
03:23So I don't deny that I can be called a professional gambler, but, but, so there's this guy called
03:31Warren Buffett.
03:32Do you know him?
03:32Of course.
03:33Yeah.
03:33Okay.
03:33So you said, uh, over the short term, the stock market is a popularity vote, which means
03:37you can swing anyway, right?
03:39Just based on who's popular, but over the longterm, it's a weighing machine, which means
03:43that it will be accurate, right?
03:44If you, if you invest in the right things over the longterm, you should be fine.
03:48Okay.
03:49Okay.
03:49But, uh, another thing that I want to talk about is you mentioned crypto, you mentioned
03:53Forex, property, uh, my favorite investment is stocks.
03:56Okay.
03:57That's mine.
03:57Yeah.
03:57But one thing I guess to differentiate very early on is there is a difference between
04:04investing and trading.
04:05When you say you see people investing and then you say Forex, no, no one really invests
04:10in currencies.
04:10That doesn't make sense.
04:11Yeah.
04:11No, no one invests in currencies.
04:13It's more of a, I'm a short term bet.
04:15So it's a trade, right?
04:16When we talk about investing or from my point of view, at least when we talk about investing,
04:20we're talking about buying something for the longterm that, you know, over time will
04:25appreciate, right?
04:26Whereas traders, like what I do at my full-time job, we take, um, short term bets.
04:31Like we think because, uh, this company is going to release like good earnings.
04:36I think that's going to happen.
04:37I'm going to buy.
04:38And then next week I'm going to sell it.
04:39Right.
04:40But for investors, they, they look at it more from a longterm perspective, which there
04:44are a lot of ways you can do this, a lot of different instruments that you can use this
04:47with.
04:48Yeah.
04:48Yeah.
04:49Okay.
04:50Let's actually touch on that a little bit.
04:52So I kind of feel like, okay, with investing, you're kind of like putting this money aside,
04:59essentially for you to like have a look at in like 50 years.
05:02But for me, it feels a bit long.
05:05Yeah.
05:06Yeah.
05:06It is.
05:06It is.
05:06Yeah.
05:07Maybe it's because I'm also impatient.
05:08I'm just an impatient kind of person.
05:09Like I do want to see results.
05:11Yeah.
05:12Not in 50 years, not in 40 years.
05:14Like I want to see like in like five to 10.
05:16Yeah.
05:16Yeah.
05:16Actually it is possible.
05:17It is possible.
05:18Yeah.
05:18Yeah.
05:18I feel you.
05:19I feel.
05:19But one thing that a lot of people get a bit, uh, they misunderstand or they have a wrong
05:26perception of investing is that I have friends who invested 100 ringgit and then the next
05:32month, they're like, how come my 100 ringgit is not a thousand ringgit now?
05:35Oh my God.
05:36If it was, yeah, a lot of people like that.
05:38I'm like, if you can get a hundred into a thousand in one month, I'll put a million
05:42and get a hundred million in a month as well.
05:44So, so it takes time.
05:46Like, uh, investing is a slow and steady game, but over time it really compounds.
05:50Okay.
05:50But, but let's address your question.
05:52So I like to see investing as there's different stages to investing.
05:55A lot of people are like you.
05:57I know a lot of Malaysians who, they keep their money in a bank account because they're
06:01like, I work so hard to earn this money, right?
06:03Yeah.
06:03I work like, do you know how much money you're getting on your savings account?
06:06How much profit they pay you?
06:08Like zero point.
06:10Yeah.
06:10A lot of people don't know, but I've had money.
06:13No, I should know.
06:13But this is the thing.
06:14Like it's, it's sitting in my, in my account.
06:17I don't know what's happening.
06:18Yeah.
06:19Yeah.
06:19Yeah.
06:20Like it just, I mean, I just put.
06:22This is, yeah.
06:23It feels safe, right?
06:24And it is safe.
06:25For sure.
06:25It is safe.
06:26Yeah.
06:26But I think, okay, most banks I think would pay you maybe 0.1%.
06:29So if 0.1% a year.
06:32So if you had a hundred thousand ringgit in your bank account in a year, 0.1%, you'll
06:36get a hundred ringgit, which no one's getting rich of that.
06:41We're not retiring early of that.
06:43Yeah.
06:44So I like to see it this way.
06:46When people are afraid of investing, you know, they don't know where to start.
06:48To me, there are steps to investing.
06:50So for someone like you, you are at the very, very early stages where all your money is
06:55in a bank account.
06:55You haven't explored investing yet.
06:57Right?
06:57So to me, the next step for you would to look at safe investments.
07:03So investments that really fluctuate too much.
07:05Exactly.
07:05Low risk.
07:06But of course, with low risk comes low reward.
07:08Right?
07:08You have to take risk to get reward.
07:10But we'll get there.
07:10We'll get there slowly.
07:11Right?
07:11So low risk investments, Malaysia, we have a lot of good options.
07:17Okay.
07:18And what I like to go for, for low risk investments is investments that have a fixed asset price,
07:24which means that one unit will always equal to a certain price.
07:28I'll give you a good example of this.
07:29ASB.
07:29You've heard of ASB?
07:30I have ASB.
07:31Oh, you have ASB?
07:32Yes.
07:33Again, I don't really know like what to even do with it.
07:38ASB, if you're Bumi Pucho, you can go for ASB.
07:40If you're non-Bumi, you'll have to go for something like ASM, Amanah Saham Malaysia.
07:44Right.
07:44But if you go to the website, you'll see under products, they have something called fixed
07:49price products or Hager Tetap.
07:52Okay.
07:52Right?
07:52Which means that one unit will always be one ringgit.
07:55So by putting money into ASB, you cannot lose money.
07:58Like one unit will always be one ringgit.
08:00The only way that I would say you can lose money is if, because they invest in companies
08:05like Maybank, investing companies like, you know, all the big companies in Malaysia.
08:08So if ASB loses all the money, it means that all of these companies probably went to zero,
08:14which then means we have a lot bigger problems as Malaysians, right?
08:17Yeah.
08:17So it is riskier than putting it into a bank account because bank account, you have PIDM
08:21protection and all that.
08:22This one, there's no PIDM protection, but this is almost as safe as it can get for investing.
08:27So for people like you who just want to start out, I would say put money into things like
08:31ASB.
08:32Right?
08:32So ASB, the way it works is since the price doesn't move up and down, they pay out dividends
08:35every year.
08:36I'm sure you know, right?
08:36Yeah.
08:37They're kind of like EPF where I think last year they paid out 5.4%, at least something
08:41like that.
08:42So every year, if you're at RM100,000, instead of getting RM100 from your savings account,
08:46at least now you have RM5,400 from ASB, which is a lot better, right?
08:50It's a lot better already.
08:51And honestly, if we are talking about like American investment, stuff like that, if they
08:56knew about ASB and if they had this option, they would be, this is like almost a dream
09:01investment out there.
09:02It really is extremely good.
09:03Yeah.
09:04So other options out there, they are similar in how they work in terms of risk and reward
09:08are money market funds.
09:10They are basically very, very short term deposits.
09:13So these funds, they basically take investors' money and they put it into fixed deposits.
09:17Fixed deposits is also another option.
09:18At least you're getting something, right?
09:20So those would pay around 3, 3.5%.
09:23So this is where I think most people should start.
09:24This is like, at least you're not worried about losing your money, right?
09:28At least you know in ASB, in money market funds, it should be extremely safe.
09:32Right.
09:33So that's the first step that you should get to.
09:35I think most of your money, you should move it there just because they're extremely liquid
09:38anyway.
09:38If you needed the cash to go on holiday, you can take it off from ASB and spend it if
09:43that's what you wanted to do.
09:43Right, right, right.
09:45So that is the first step.
09:47And then I would say that a lot of people need to learn how to take risks.
09:52Actually, this is my hot take.
09:53This is my hot take, right?
09:55Right.
09:55Yeah, not just with investing, but we're going to talk about investing today specifically.
09:59Right.
10:00You have to take risks.
10:02You can't.
10:04I'm scared.
10:04Yeah, I know a lot of people are, but you can't expect to not take risks and then have
10:10an amazing life where, you know, you are rich and you're enjoying everything.
10:15It just doesn't work that way.
10:17Right.
10:17If you are so scared of taking risks, you want to just stay in one company for the
10:21rest of your life, it's very unlikely that you're going to be, you know, at the very
10:24top.
10:24Right.
10:24And it's the same with investing.
10:25If you want that higher returns, you have to take a bit of risk.
10:28Like, so this is when we get into things like stocks.
10:32We get into things like.
10:33Honestly, when you say stocks, like I get scared immediately because I think it's also
10:38because, because I don't understand it.
10:41Okay.
10:41I kind of get scared by it.
10:43Okay.
10:43Because I think maybe that's something that everyone, a lot of people can relate to.
10:47Okay.
10:47You kind of fear what you don't know.
10:49Yeah.
10:50So stocks for me is something that like, because I don't understand it, I don't even
10:53want to go near it.
10:54Okay.
10:55That's my problem.
10:56A very quick TLD on what stocks are.
10:58So stocks represent ownership of a company.
11:00Okay.
11:00Right.
11:00So let's say, I'll just give an example, Maybank, right?
11:03So Maybank as a company, they make money and they make profits.
11:06All right.
11:07They have their revenue, they have their profits.
11:08So Maybank is a publicly traded company, which means anyone can own like partially Maybank.
11:15Obviously, we won't own the entire Maybank, right?
11:16But you can own a part of Maybank by buying stocks off Maybank.
11:20Right.
11:20Right.
11:20Yeah.
11:21A share.
11:21Exactly.
11:22Yeah.
11:22So these companies, they will have, let's say, for example, Maybank has 1 million shares,
11:27right?
11:27Anybody can buy any amount of those shares to have partial ownership.
11:31So if you have one share out of 1 million, so you own 1 millionth.
11:35Is that?
11:36Yeah.
11:361 millionth.
11:371 millionth.
11:371 millionth of Maybank.
11:38That's what you own.
11:38Exactly.
11:39Yeah.
11:39So technically, you can go to a shareholder voting, meetings, you can vote.
11:43You can vote for that.
11:44Is that actually right?
11:45Yeah.
11:45Yeah.
11:45You can.
11:45You can.
11:46Yeah.
11:46You can go and be like, I don't like this guy's a CEO, but your vote is worth 1 millionth.
11:50Yeah.
11:511 million.
11:52Yeah.
11:52So basically, nothing.
11:54Nothing.
11:54You're no one.
11:55Yeah.
11:55So mainly, mainly the guys who can decide are the big shareholders.
11:59So these are guys like ASB, like EPF.
12:01They invest in Maybank and they get to vote.
12:03And unfortunately, they have a bit more money than us.
12:05Just a bit.
12:06Just a bit more money.
12:07Yeah.
12:07Right.
12:08Right.
12:08So that is shares in a nutshell.
12:10So if you bought into something like Apple 20 years ago, when it was a no-name company,
12:16I have ownership of Apple.
12:17And if I held it until today, obviously, I'd be a lot richer because Apple is now a much
12:21bigger company making a lot more money.
12:24Yeah.
12:24So that's stocks in a nutshell.
12:26And it's why it's my favorite investment because I like to invest in businesses.
12:30Like businesses can grow and I want to be a part of that growth.
12:34Right.
12:34So stocks have a very, it has a value attached to it.
12:38Unlike crypto where, you know, there's no real revenue.
12:43There's no real profit.
12:44You know, it's all just like...
12:45Tangible.
12:46Yeah.
12:46It's not tangible.
12:46Exactly.
12:47Stocks are tangible.
12:48Right.
12:48These companies, they are real companies and they make money.
12:50Right.
12:50Whatever happens, Apple is still going to sell iPhones.
12:52They're still going to make money.
12:54Right.
12:54So those are stocks.
12:55In a nutshell, they kind of get it.
12:57Get the gist.
12:58Right.
12:58Yeah.
12:58Yeah.
12:58So that is stock ownership.
13:00It is my favorite investment.
13:02And I would say, if you wanted to dabble into it, a lot of people also don't want to
13:06get into stocks because honestly, you can lose money in stocks.
13:08Yeah.
13:09Exactly.
13:09That's what I don't want.
13:10Even if you buy Maybank, even if you buy like super huge sound companies like Apple,
13:15you can lose money.
13:16You can lose 20, 30, even 50%.
13:18It's not unheard of.
13:18Right.
13:19That's nuts.
13:20But that's actually true.
13:21Yeah, it can.
13:22Yeah.
13:22Yeah.
13:22But you'll set the seat the other way.
13:24If you invested in Apple 20 years ago, you're probably up like 20,000%, which you would
13:29never achieve in a fixed deposit.
13:31It would take you like a thousand years to get that.
13:33Right.
13:33So it gives you outsized returns.
13:35Returns that you could never get by being safe.
13:38But it comes at a cost of taking the risk.
13:40So then people think, how do I take this risk?
13:42How do I lose this money?
13:44Right.
13:44How can I be comfortable potentially losing this money?
13:48Right.
13:48So the easy answer to that is to just start smaller.
13:50I think with most things, if you're scared, we're not comfortable.
13:53We don't know how it works.
13:54Just start small.
13:55So if you have a hundred thousand ringgit and you want to just try around, just start
13:59one thousand ringgit and buy some stocks that you like and see how it goes.
14:03I mean, if you lose a thousand ringgit and you have a hundred thousand, of course, it
14:06still hurts, but it's not the end of the world.
14:09It's not the end of the world.
14:10It's not the end of the world.
14:11But it's like, okay, you know, it's a good lesson for me to learn.
14:15You know?
14:15Hope it.
14:17Okay, fine.
14:17A thousand is too much.
14:18Five hundred even.
14:19These days, you can start really cheap.
14:20You can start really cheap.
14:21Yeah, five hundred ringgit.
14:22You can even start with that.
14:23But then how do I decide like what, like you said, right?
14:26Like stocks that I like.
14:28Okay.
14:28How can I decide what stocks do I like?
14:30Okay.
14:30So that's a tough part.
14:31So I used to say, you can always start off with companies that you like.
14:35Like companies that you use your products off.
14:37So you have a lot of Nikes.
14:39You can invest in Nike.
14:40Oh, okay.
14:40Yeah, yeah.
14:41If you're like an Apple fanboy, I'm an Apple fanboy.
14:43I have an iPhone, MacBook, AirPods, Apple Watch.
14:46Everything's like, okay, you know what?
14:48I know this company, my friends, I know they like it.
14:51A lot of people are converting.
14:51I'm going to buy Apple shares.
14:52So that's one way, a very simplistic way to do things.
14:54Right.
14:55But what I've been advocating more for these days is ETFs.
14:59So this is again going to be another new topic for you, right?
15:02Yes.
15:02So ETFs is meant to make things even simpler.
15:06All right.
15:06So ETF, think of it as like a basket of stocks.
15:09So instead of just choosing one stock, this ETF is saying, you know what?
15:13But I'll buy the 500 biggest companies in the US and I'll put it under one ETF.
15:18So it's called the S&P 500.
15:19Ah, okay.
15:20Have you heard of that?
15:21Yes, I have.
15:21Oh, you have?
15:22Oh, okay.
15:22Yeah, yeah, yeah.
15:23So the S&P 500 holds the 500 largest companies in the US.
15:26It's like, you know, JP Morgan, Nike, all these guys are all in the S&P 500.
15:29So instead of thinking, you know, which company do I want to buy?
15:32I can just buy the ETF, S&P 500, and I will own 500 different companies just by buying
15:37the ETF alone.
15:37So you basically put in the money and it will split itself to...
15:41Exactly.
15:42Okay.
15:42Into those 500 companies.
15:44Evenly?
15:44No.
15:45So it's based on how big those companies are.
15:47So the apples of the world will have the largest allocations just because they're the largest
15:50companies.
15:51And then the smaller companies will get a smaller allocation.
15:54Yeah.
15:54Ah, okay.
15:55Even personally, I used to invest in stocks.
15:58I used to think that, you know, I was smart.
15:59I was the next Warren Buffett.
16:01I'm going to find the next Apple, right?
16:03But it's not so easy.
16:04Yeah, it's tough.
16:05It's tough.
16:05You need a lot of work.
16:06So a lot of people that ask me these days, friends, family, I tell them, you know what?
16:10Just put in ETFs and just call it a day.
16:12You will probably just do better, you know?
16:16S&P 500, over the last 10 years, on average, it's returned 12% a year, which is a lot.
16:23That's a lot.
16:24Yeah, yeah, yeah.
16:24Compared to your 0.1% savings account.
16:27Yeah, exactly.
16:27So there's no guarantee that it'll be 12% a year moving forward.
16:31There's no guarantee of that.
16:32But that is what it has been returning over the last 10 years.
16:34I think over the last 50 years, maybe 7%, 8%.
16:36But it's still good.
16:37Yeah, that's still really, really good.
16:38So you don't have to go all in.
16:40And you know what?
16:41I'm going to take out everything from my savings account and throw it into the S&P 500.
16:45You can, like I said, start small.
16:46Get used to this, you know, the feeling of seeing the value of your account go up and down.
16:50And as you get more comfortable, just slowly increase, increase, increase.
16:53So I can maybe put a little bit in ASB, a little bit in that, like, S&P 500.
16:59S&P 500.
17:00Yeah, yeah, yeah.
17:01S&P 500.
17:01Is there a Malaysian version of the S&P 500?
17:04So there is.
17:05There's something called the FBM KLCI.
17:07FBM KLCI.
17:08If you listen to the radio, you'll hear, the FBM KLCI today is up 20 points, something
17:12like that.
17:13Yeah, yeah, yeah.
17:13So those are the 30 largest companies in Malaysia.
17:16So names like Maybank, Tenaga, Public Bank.
17:21Petronas is not listed.
17:22Petronas is a, yeah.
17:23Okay, Petronas Oil and Gas is not listed.
17:25Petronas Dagangan, Petronas Chemicals, those are listed.
17:28Yeah, yeah, yeah.
17:28So those would be under the 30 largest companies in Malaysia.
17:31And you can invest in that as well.
17:32Yeah.
17:32I would love to support Malaysian stocks.
17:36I do own a bit lah.
17:37I do own a bit lah.
17:38But like the majority of my portfolio is in the US now.
17:41I see.
17:42Just because, just because US has been dominant for very, very long.
17:45Is it because it's safer?
17:46I mean, when I say safer as in like it's lower risk?
17:50Not really.
17:51Actually, I would say it's higher risk than Malaysia.
17:52But if you think about the biggest companies over the last 20 years, right, especially in
17:56the tech age, we're talking about Google, Microsoft, NVIDIA, Apple, Facebook.
18:00So the commonalities, they're all from the US.
18:04There is no Apple of Malaysia, right?
18:07Yeah.
18:07Yeah.
18:07So the biggest growth tends to come from the US.
18:09Again, it doesn't mean it will continue in the future.
18:12Maybe China will start picking up.
18:14Europe will start picking up.
18:15That could be, that could be, that could be what happens in the future.
18:18But, you know, you can also diversify.
18:20There are ETFs that you can own to own China, to own a bit of Europe and stuff like that.
18:25So as you get into it, you realize that it can be very simple.
18:28There are a lot of things to learn, but you can really simplify.
18:31Yeah.
18:31Yeah.
18:32I know, definitely.
18:33I mean, basically, I have one last question.
18:35Okay.
18:35Because I think like the topic of investing in itself is so big.
18:40Yeah.
18:40It's so broad.
18:41So we'll continue this conversation later.
18:43But my last question is, I actually like, I also have this feeling of, I feel a bit left
18:48behind.
18:49Okay.
18:50Like I said at the beginning, right, I'm 27.
18:52And I feel like, maybe it's just my group of friends, but like a lot of them got into
18:59investing when they were, you know, 20, 21, 22.
19:03And I feel like I'm really, really behind.
19:07You're a bit behind, right?
19:08Yeah.
19:08I'm really, really behind.
19:09So I kind of feel like, oh, is there any point in even starting?
19:13Okay.
19:13Okay.
19:13Because like, I'm already behind.
19:15Yeah.
19:16Yeah.
19:16Yeah.
19:16Things are, I feel like things are just getting more and more like expensive.
19:20Yeah.
19:20So that's why I'm also a bit hesitant of starting at all.
19:27People who are like in their thirties watching this, they'll be like, oh, this girl's 27
19:30and she's saying that.
19:32But yeah, I started when I was 22.
19:35And even then I felt like, oh, someone else started at 17 and I'm 22 now.
19:40So you always, there will always be someone else who started earlier than you, who's earning
19:44more than you, who has a bigger portfolio, got better returns, right?
19:46But the way I see it is, I think just compare with yourself, just compete with yourself.
19:51If last year, 2024, you had zero ringgit invested into the stock market, this year, if you can
19:56do a thousand ringgit, I would say, good job, Yasmin.
19:58I think that's growth from last year.
20:00So don't compare to other people, right?
20:02I've heard of people who have started in their thirties, in their forties.
20:06They still have a good 20, 30 years to go to retirement.
20:08And if you can get 10% a year, then, I mean, so what if people started earlier?
20:12I'm on my own race, right?
20:13I think that's basically personal finance for me.
20:15Yeah, you're on your own journey.
20:17Yeah.
20:18Don't worry about it.
20:19Yeah, that's interesting.
20:20Yeah, I've always felt like a bit, I guess, left behind because I also, I think financial
20:26literacy is so important.
20:27It is.
20:28And it's something that, unfortunately, I don't have the biggest, like, how do I say it?
20:35Exposure.
20:35Yeah, exposure to people.
20:37And also, when I want to go out there and, like, research, like, it's just so overwhelming.
20:43There's too much, right?
20:43Yeah.
20:44So the easiest way that, like, I can think about it is just, like, actually, I don't
20:48want to think about it.
20:48Oh, yeah.
20:49I don't want to think about it at all.
20:50And, like, okay, I'm already late anyway, so it doesn't matter.
20:52Like, I don't get anywhere anyway.
20:54But, like, when I listen to, like, my friends talking about, like, you know, investments
20:57that they made or whatever, I always feel a bit, like, like, I wish I...
21:03I wish I could go into Bitcoin at $100, right?
21:06I'll be retired by now.
21:07Yeah.
21:07So many people who, like, got into crypto, not specifically Bitcoin.
21:11I mean, there's so many.
21:12Yeah.
21:13But I literally knew people who got into it, like, when I was still in university.
21:17Yeah.
21:18So that was, what, like, 2016, 2017.
21:22And I used to be, like, oh, my God, like, you're literally gambling.
21:24What are you doing?
21:25Like, you're so, you know, you're so...
21:27And then now they're retired and here you are working.
21:29Yeah, I know.
21:30And then I'm here, like, sitting in my regret.
21:33Yeah.
21:34But I think, so, comparison is a thief of joy.
21:36I think no matter how much you have, there will be someone who has more than you.
21:40So no point comparing to other people, right?
21:42I think focus on your own journey.
21:43And I get what you mean.
21:44That's why I said, I don't give financial advice, but hypothetically, if I were you,
21:49I would start looking into things like ASB, ETF, like the ASB 500.
21:53And just go at your own pace.
21:55Go at your own pace.
21:55As long as you start, right?
21:57As long as you start.
21:58Don't think, ah, you know, it's too late for me to be a millionaire by 30.
22:02I won't do it all.
22:04I think, just start.
22:05Just start somewhere.
22:06Start low and slow.
22:07Exactly.
22:08Exactly.
22:08Alrighty.
22:10Thank you so much, Yasmin.
22:11Yeah.
22:11I hope you guys enjoyed this episode.
22:13See you guys in the next one.
22:14Bye-bye.
22:15Bye-bye.
22:16Bye-bye.
22:17Bye-bye.