I Tried to Time the Market… But the Market Timed Me
4/12/202640 min
What actually happens when you start investing… and just figure it out as you go?
In this week’s Investing Diary, we’re chatting to a Money Bee who has been on a full journey over the last four years. Blue chip stocks, trying to time the market, accidentally buying multiple ETFs that all hold the same companies… nothing has been off limits.
It’s the kind of story that will make you feel a lot better about your own investing decisions.
We talk about what it looked like starting out with a $10,000 head start, how confidence can quickly turn into “I can outsmart the market” energy, and the moment you realise your strategy might not be as solid as you thought.
There’s also a really real conversation about ETFs and diversification, especially when you think you’re spreading your investments… but you’re actually doubling up without realising. Plus, we get into the emotional side of investing, like watching your portfolio move up and down, and how to stay consistent when everything feels a bit chaotic.
We also cover the practical side of things, including choosing an investing platform, the differences between CMC and Sharesies, and why automating your investments can be the thing that keeps you on track long term.
This episode is relatable, a little bit chaotic, and genuinely helpful. If you’ve ever wondered whether you’re “doing investing right” or felt unsure about your strategy, you’re going to see yourself in this one.
SORT YOUR INSURANCE: A big thank you to our partner Skye Wealth for bringing this episode to life. If you're ready to get your insurances sorted, you can learn more about them here.We have a long standing referral partnership with Skye Wealth and only ever partner with people we trust.
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Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements.
The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289
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First 90 secondsNatasha Bamblett· Soundbite0:00
My name's Natasha Bamblett. I'm a proud First Nations woman, and I'm here to acknowledge country. Tiw, glinyan ganha, noonar gaka yaw yambena waka. Noonar gayin yambena yakarram ja, dumin ya gumeeka domeeka itho waka nedo wamin damin irrilarn. Mumu bainngarda bomoo inin ngalyan waka kaanan yakarram ja wutu-narra-na. Hello, beautiful friends. We gather on the lands of the Aboriginal people. We thank, acknowledge, and respect the Aboriginal people's land that we're gathering on today, take pleasure in all the land, and respect all that you see. She's on the Money podcast acknowledges culture, country, community, and connections, bringing you the tools, knowledge, and resources for you to thrive.
Victoria Devine· Host0:44
She's on the- Money She's on the money. [laughs] [laughs] [upbeat music] Hello, and welcome to She's on the Money, the podcast that's here to show you that investing isn't just for the rich. My friends, it is for you, too. I'm your host, Victoria Devine, and today we are going to do something a little bit different. You, our incredible She's on the Money community, you are always sliding into my DMs asking to get even pervier on Money Diaries. And today, my friend, I have one lined up for you. Instead of the usual money tea, we are gonna dive into something even juicier. So welcome back to another one of our Investing Diaries that is brought to you by our friends at Sky Wealth, where I'm gonna get to talk to one of our incredible She's on the Money community members all about her