Andrew Page

speaker
463 appearances 1 recordings 1 series first heard Aug 2021 last heard Aug 2021

Andrew Page’s voice in public audio — every appearance, attributed to the second.

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I would sort of say you don't want to be the kind of person who blows through their 20s and 30s without ever having saved a cent or having done anything to plan for their long-term financial future.
You'll regret that.
I remember being 20, and a long time ago that was.
But, you know, you just think I'm never going to be 40 or 50.
It's an eternity away.
But sadly, here's the reality.
You're either going to die before then or you're going to get there, right?
Yeah.
And if there's one thing that we know in investing, you take away all the fancy complex stuff.
The best friend that you have is time and time is the friend of compounding and compounding is the friend of wealth.
And so you really want to do something now.
On one hand, you don't want to just blow through it all and have a great party lifestyle and then just have a really miserable middle and older life.
At the same time, you don't want to be the person who only eats two-minute noodles and toasted cheese sandwiches and puts everything in the market.
You'll be mega, mega, mega rich when you're 50, but life's there to be lived.
Maybe you get hit by a bus tomorrow.
I think there's a balance there.
Whatever you do, just don't put yourself into a corner where you are so overstretched that you are losing sleep because you're worried about meeting your mortgage repayment.
Or every time on the, what is it?
The first Tuesday of every month when the RBA meets that you're just desperately, you're refreshing your newsfeed to see if the RBA has lifted interest rates by a quarter of a percent.
Because if it does, you'll be on the street.
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