Expert Guest: Ted Richards

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Australian Finance Podcast 33 min 4 speakers 3 chapters transcribed 3 months ago
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Owen Rascovitch 0:00
Property investors often talk about using debt to build wealth. In the share market, that's called gearing. With the BetaShares WealthBuilder range, investors can access moderate gearing into shares, and with the newly launched GG-BL, That means exposure to a diversified portfolio of around 1,300 global companies excluding Australia, all with no loan applications, credit checks, or margin calls. Gearing magnifies both gains and losses, so it's only suitable for investors with a very high tolerance for risk. You can learn more about the WealthBuilder range of ETFs at the BetaShares website. And don't forget to read the PDS and TMD to decide if it's right for you. BetaShares Capital Limited is the issuer.
Owen Rascovitch 0:45
Here's something worth knowing if you've been meaning to make the switch to a better broker. To celebrate their fifth birthday, Perla are offering three free trades a month for five months if you transfer your portfolio across with a minimum of $1,000. For anyone investing regularly, that's meaningful savings on brokerage that can stay invested instead. Perla is chess-sponsored, built specifically for long-term investors, and now has over $3 billion invested on the platform. If you've been with a platform that doesn't quite fit your strategy anymore, it might be time to take a look. You'll find all of the details at perla.com slash lp slash rask. That's perla.com slash lp slash rask.
Kate Campbell 1:28
Welcome to the Australian Finance Podcast, a podcast for people who want to learn more about their personal finances and get the most from their money. This series is hosted by Kate Campbell from How To Money and Owen Rascovitch from Rask Finance.
Owen Rascovitch 1:43
The Australian Finance Podcast is provided for educational purposes only. The information is general in nature and does not take into account your needs, goals or objectives. What that means is the information does not apply to you specifically. So consider getting the advice of a licensed and trusted professional before acting on the information. Ted, welcome to the show. Thanks very much, Owen. Thanks, Kate. It's our privilege to have you here. You're a former AFL superstar. You've got your own podcast. You're working at Sixpack.
Ted Richards 2:17
You've done it all, mate. No, I wouldn't say that at all. I'm very much proud and enjoy my time that I played football, but I always knew what I wanted to move into after football, and that's investing. So I thoroughly enjoy what I do, and I started up the podcast a few years ago. It was a bit of a trial.
Unknown 2:33
uh pleasingly it it seems to have got a few listeners so um yeah that's very much what i'm up to now great yeah i know kate is a fan of six park yes yeah i've been using six park myself for a couple of years now so i've been reading ted's blogs and podcasts they're watching reading listening to the podcast so that's been really good and i've i've enjoyed my journey with six park
Ted Richards 2:57
Oh, it's good to hear. We've just had our third birthday and we're a robo-advisor, which I probably already lost many people that may go, what's a robo-advisor? And all it means is we provide investment management online. And it's a bit different because we don't provide it face-to-face. And so, we now have clients all over Australia like yourself, Kate. And We've got a lot of people that sign up to our newsletter and I'm thoroughly enjoying it to be able to help people improve the quality of life for the next 5, 10, 20, 30 years. It's a thoroughly rewarding career.
Unknown 3:37
I think it's great nowadays you can get a whole portfolio set up without actually having to see anyone face-to-face. I know especially I probably wouldn't have time or I don't really want to see someone face-to-face so it's great to have that option nowadays.
Owen Rascovitch 3:49
Before we get stuck in, I'm going to jump in because I would like to, and I think our listeners would benefit from this, is just learning more about you. You said finance investing has been a passion for you for a long time. How about you just give us the quicker version of your history, particularly growing up, was money a part of your life, was finance, anyone mentor you, anything like that?

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