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Owen Rascovitch

πŸ‘€ Speaker
2532 total appearances

Appearances Over Time

Podcast Appearances

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

Don't even try to do it quickly.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

Just try and get rich.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

That should be the first goal.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

Okay.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

So why should someone start investing now?

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

And so we're talking about retirement, but it's not just retirement, is it?

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

I suppose you don't have to be 50, 60 odd to get the benefit of it.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

What would you say to someone who says they don't have enough?

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

Cool.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

I think there's a quote that says the best time to plant a tree was 20 years ago.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

The next best time is today.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

Yeah.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

One of the little case studies or little scenarios that we just did or we just put together was used one of the calculators which you can access on our site or on the Money Smart site.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

I mean, the RAS Finance site, there's a compound interest calculator there.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

Just a little example of someone that saves $50 a week to invest and they invest it at 10% per year and they do that for 30 years.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

The question is how much would you have?

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

So $50 a week, 10% return, 30 years.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

The answer is around about $428,000.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

So $50 a week.

Australian Finance Podcast
ETFs, Robo Advice, Index Funds & Managed Funds

It's not a lot for some people.