Alec

With this SpaceX IPO fast coming up, space is on our mind.

The fund is also designed to enable fast entry of major IPOs into the index shortly after listing, such as that anticipated for SpaceX.

Yeah, or multiple want to stay on the farm, but it's not big enough to split up.

Before we turned the mics on, you were saying there's a new acronym in the financial planning world and it ties in with the idea of early inheritance and the acronym was SKI.

There's so many reasons why this makes sense.

As soon as you said it, it's like one, the parents get to see their kids enjoy the spoils of their labor.

As you said, it's also like the timing of it.

Receiving an inheritance at 30 is a lot more impactful than 50, just stage of life, financial burdens, all of that, getting a headstart.

But for the parents in particular, like the idea that I can now just spend, like I can go ham, no guilt, no responsibility, cruisers, walking holidays.

Heavy if you have to ask for it back from the kids.

That's when you go to Dylan and you say, Dylan, you screwed me.

Yeah, yeah, yeah.

Everything else is play money now.

Everything else is play money.

Probably a bit for healthcare costs and aged care, but other than that.

Yeah.

As soon as I have kids, I might give them the early inheritance that I can spend freely.

Wow.

If they just invested it.

God, if only we were investing when we were nappies.