#561 – Catching Up With A Few Oldies/
- December 29, 2019
Today we chat about 2020 being the year to use Pinterest, buying a house, and what life looks like at 50 years old.
On today’s episode of The Daily Talk Show, we discuss:
– A potential anniversary
– The year for Pinterest
– YouTubers and cash
– Owning and buying a house
– What life looks like at 50 years old
Email us: firstname.lastname@example.org
Send us mail: PO BOX 400, Abbotsford VIC 3067
The Daily Talk Show is an Australian talk show and daily podcast by Tommy Jackett and Josh Janssen. Tommy and Josh chat about life, creativity, business, and relationships — big questions and banter. Regularly visited by guests and gronks! If you watch the show or listen to the podcast, you’re part of the Gronk Squad.
This podcast is produced by BIG MEDIA COMPANY. Find out more at https://bigmediacompany.com/
It's the daily Talk Show Episode 561 it's summer holidays
but the shop still open guys
and I believe December 29 might be bringing my anniversary it to the 29th or 30th Yeah,
I think it comes with 10 years on anywhere from 10 years onwards. It's okay to forget
so if it if it was a 2007 we got together that would make it even 13th or 12th year
12 1212 yeah 12 year
good Tommy to get
together on now I reckon if I potentially if I was when I propose I think it would be potentially in the between
this because if you revise
that means marriage dude. Yeah,
yeah. What was it? No, but it means marriage but not a wedding.
Okay. Nothing potential.
But I think potentially between May and September Brady's birthday and my birthday.
It's sort of I feel like good time to nothing in
the middle here. So maybe like a June July sort of thing. But then the question becomes, where do you Where do you propose? do you propose somewhere where you want to create more memories? I go somewhere that you selfishly, maybe not selfishly, you both love as a couple. I don't thinking the states, because it feels very,
but it feels quite cliche. You know, we can time it with them when we're
broadcast. Yeah, if the daily talk show the exclusive would you
would you do it on an episode? Or is that?
Maybe? No, but I think, Josh, I'm gonna have to get you to say, will you marry me again? We lost that. 197
forgets that but yeah, how much consideration when you propose to me? That's the way you're going to do it.
I'm a bit of a secret. I had it. I had the spotlight. pretty early planned as which is why I was able to then capture content and content around exactly Ross and so it's
I mean it cannot it can you can have your plan but then
it could go south
for me I can't it was the greatest corner of of my life like I managed to fuckin
throw right involved flights
yet flights separate flights I got her to go like an end of the throw off the scent so I put her on a cuantas appear on a studio and I was on corners. I flew Tiger sugar on something maybe something I think motivate really start at least. And so we flew up to Sydney at the same time early flight as I told her that I had this thing going on up there had nothing
absolutely no prospects no work. It was all it was all bloody.
So I know it's hard like
I worry about you You keeping a secret? Like even because braze your rock, right? Everything and so it's
because you're lying to your bed at night. You'd never lie to Ryan also, it's around like that. Okay, if you've got joint bank accounts that have fucka get access to after work an extra job. Have a
separate separate bank account
syphon off money.
I think I tried to I think I borrowed cash from mom. I was I just can't. I've got the cashier but I can't. I can't. She was like, no, it's here. So I was ready to give it to her. I think that's what happened. I mean,
yes, you pulled the money. Out Hi. I don't actually have a job in Sydney. And that bank account is actually Imam Tangra
not wasn't it. I mean, I went. I mean, I kept track of a lot like I think was Amy said she loved this designer and these rings And so I made sure I kept a note of what it was. And then I bought that one. And it was much, much deeper. And
do you know what I'd love to do in 2020?
was just more Pinterest boards. So I've started watching. I think it's called architects digest ad on YouTube. And so they have all these amazing homes. It's almost
ad, but it's an Architectural Digest. But
it's not that's not the name.
Text I just made that ad is just the logo on YouTube. But they Is that right? Nice. Architectural Digest. Yeah. And so they 2.5 million subscribers. Yes, very good. And so I subscribe to them and they have the stream so they have the like, here's the hundred and $65 million home or he's the $11 million home and brain I just sort of watching Sasha, she's given it cost so much. I really liked it. x y&z you know, Chelsea Handler, the comedian yeah eautiful home, she loves beautiful woman, beautiful whatnot real lovely woman,
really beautiful. She's gonna be a behind. What's the price point? I don't know 20
they I don't know if they specifically went so they have sort of two bits which is like once the celebrity bit, the other one is more. I get the sense that just a real estate agent. I can't change by the place. But off the back of that. The idea of having a Pinterest board which I used to work with someone who would annoy me and she was working in sort of a it's one of those situations where you sort of work your way up in a really bizarre wise and you start off in this like, obscure role and then you end up being like a social media person. And she would always say to me, like we need to get on Pinterest peeny budget in the mail. meetings I didn't do anything I want to be like an idiot. I say interest
I say that I say the r&d that's a social media manager. Yeah. Fucking.
But no but 2020 I think it is the year for Pinterest.
What are you pinning to your board bro?
So I think that we could do
on I don't bring us with you What are you?
What am I doing? No. So there are some things involved in the show potentially, like one day when we have a new studio. I'm going to start sort of accumulating the style and the aesthetic and the potentially like the sound for to get some there's some really cool
and stuff I've been saying and I'm always like, that'd be awesome in a new space. So sort of this idea of collecting and maybe it's like five years off, maybe it's two years or whatever it is.
What's Pinterest worth? A lot of people still use it. Oh, yeah, it is. I mean, that's what that's kind of. I never hear of it being like
he's the success you know, it's like not the unicorn exists,
but they're a hipster. So they had that hockey stick growth. Yeah. And then it came down. But the interesting thing about Pinterest is they had they allowed affiliate links to click through. And so what people were doing were, they were putting up great content, and you can actually make cash. Because like, say, with Instagram or whatever, very hard to sort of make, make that happen. With Pinterest. It was like you could put a photo of a chair that you think's amazing. And then link off to something and people would buy. So big for E calm.
I mean, it's like LinkedIn. Heroes these days are like, tick tock like you think about the people who have sort of made something in a noisy at the moment. You don't hear about like some Pinterest star. Yeah.
What's the Pinterest what's,
what are the steps here on Pinterest? 12 $12 billion valuation. That's like the founder net worth of 1.1 billion,
right and how many users on Pinterest Active monthly users because Facebook fire
no Instagram was 500. Was it max that we're talking about 300,000,300
million. tik tok has 500 million Instagram had a billion
million. Yeah. Wow. So at 4 billion Pinterest boards.
I mean, how many YouTube accounts out of it? A billion. I have six. Five.
What have you got? What do you want? Well, now I just have although I've just got ones that have every pray that every Google app is what every Google Apps or whatever you end up creating one. Remember Google Plus.
That was an absolute flop.
Yeah. So there was a there were a few people who thought it was going to be the big thing. And just invested real heavy on it.
Gary Vee. I wonder,
I wonder if he does realise that like, Google is going to be the Google Plus is the next big thing and then takes those sound bites in 10 years. If you got it right, and then plays that toda
wouldn't be surprised. There was one Robert Scoble who was like big into the Silicon Valley space. And he would just be constantly posting on there. The whole appeal of Google Plus was Google was trying to create a more sort of social search. So rather so when you Google something, not only are you like it currently, you get sort of bespoke search results based on where you live and potentially what you've searched previously. All the ads, I thought, Yeah, exactly. All the ads. But Google Plus had, like photos of friends or whatever, who had Google Plus like a page, like the website. So say, we could plus the daily talk show and then if people follow us on Google Plus, and they search podcast, we would appear higher, are you
can you check out who are the top earners on YouTube? For 2019? This list always comes out about now.
Did you see all this Mr. Beast stuff?
What happened was you Did
you see this maybe eight year old earning 26 million? I think
that's the top earner, an eight year old.
Money. I mean buddies, five years off, earning 20 something million
in that bank rolls the daily talk, so I'd be happy with that.
Mr. Mr. Beast, he's a guy who basically like he started he grew up in North Carolina maybe and he's just this dude who did outrageous stuff like the he's made jello, like in a bath of jello for two days or whatever.
And he actually started doing like, stupid little Warcraft or Minecraft those like, gaming videos to start with, but he's made a lot. Yeah,
but he just released earlier this month he did a video of four guys and a million dollars cash in dollar bills. And the last person to have their hand holding the money got the money.
Got me Back to the million bucks you do you think they walked away actually taking that?
So this really yeah so this was the I don't think that this is the interesting thing so after that they did a follow up video which is like the guy who won we're going to help him spend the million bucks and if he's read barefoot he's not spinning
well this is this
is what was very confusing about well that's what I was hoping for because it felt like it went into the sort of the classic thing of just buying consumer goods he bought two cars he bought I'm just saying just
settle down slightly a million dollars in 24 hours yes a follow up video.
I wonder if it was in the fine print like he got Mr. Bass gets into science like if you actually win this you get to spend because you actually don't.
Well, the thing is, he was saying it's like okay, so by putting out of the million dollars, we've got to put 300,000 aside for you for tax.
Ah so annoying
winnings. So in Australia the winnings you don't pay tax on winnings. You don't pay tax, you don't pay
not in Australia. look that up.
Yeah, because I thought that was interesting. But anyway, I seemed irresponsible buying it like a million dollars.
Not to sound pompous but a million bucks. Now that I have a million dollars, yeah.
Go half a million that
it's not much money now.
But by the time you buy one Maserati, and there's a couple hundred grand you done
well, that's the whole thing like it. I think about like Tesla,
right? I'd love to buy Tesla,
but I feel like I maybe I'm wrong. But I feel like I should own a house. Before I buy luxury car now,
in my mind that if you are buying a luxury car, yeah, and renting, buying outright,
is what you're saying. Or like, yeah, we're leasing
the see that's the thing. The weaknesses, I guess, like you look at Alex and Mei Mei who we've had on the show that we're talking about, like, are we like, they rent everywhere that I'm by. I wonder how many people are ranked That's like a very specific strategy
renting, so renting it so,
so that idea of I need to like, I need to buy a house before I fucking buy a nice car.
Yeah, yeah. He's predicated
on the idea that you
you need to buy a house.
You know what I mean? Yeah, that homeownership is important because otherwise if if you reframe that you're like, buying houses is a bad investment. I mean, you wouldn't buy a car would you?
know, I mean, you need to have somewhere to live. I mean, that's the Barefoot book is all about. You need a roof over your head. So by that
all 97 you were talking about like I remember a year ago, you're like, yeah, the boys were all getting together with haunted house. Fucking Team 10 1010
What the fuck is side where if I can show you
know the That was great. The YouTube channel.
Yeah. What's the deal? sense? Did you have a change of heart? I'm probably changing. It was probably just more of a realisation of how long it'll take to buy a house. Yeah. Well, because and I guess the financial position it puts you in because then you're paying rent or mortgage or whatever. Yeah.
And so did you want because this is I you see articles or TV segments around this new thing, which is like, co owning homes with friends. Like, like people like I, you know, young people can't afford houses now. So now they're like, going in with mates.
It's gonna be hot nights.
Yeah, he's already one just decides to be a nomad. Go over, sit down. I don't want to have a part of this. Oh, yeah. I mean buying it with the partner. I'm like, if you're not 100% sold on?
Well, I was thinking about like siblings. The other Like I had a moment I was watching one of those Architectural Digest shows. And I think they were like two sisters who live together and like, own a house together. I thought that's nice. Like if you had to be nice.
Yeah. I mean, the Greeks did it. Well, they all own houses together.
When they all live in them forever. Pakistan, they've got like a whole system. So it's like your, the the parents leave with you until they die. And so they have multi storey houses and the idea is like, the old parents live at the bottom centre have to go upstairs. And then you live at the top.
Yeah, I mean,
I feel like you can get wealthier that way. Like I think spring is selfish Fox not wanting to I mean, you're doing it. You mean, you're sort of doing it the
the opposite was not the opposite way. But one day, do you think you would ever have a house and have your parents and living at 97? Probably not. Oh,
no, I'd probably have to be detached
Like a bungalow, or like a nanny flat? Yeah. But I mean, it has to be a nice nanny flat as well.
So what about something around? Like, I wonder about
these places that are like, you know, 10 acres and you have multiple houses? I wonder if that would actually if you got along with your family, you still want to join spice? If you sort of, I mean, how far out are you willing to go?
these days? So that's it. I'll be having to push fires and staffing to drive an hour, every morning. Like more than an hour. If you live working in the city, like that would get really tiring a lot of people do it. Yeah. So it's, if you if you decide on the home, if that's like your, your thing, then maybe it's arrived. But I think my I think there's a lot of people who it's not their thing. These days, they're wanting lifestyle or wanting in a city living and it's so easy to read a book like barefoot and, and, and sort of, it's just a complete opposite thinking and
so it But there are some principles about it that a
spot on about needing a home in the future and it's a different time though because our parents, like if they bought so from, from my parents, and most of their generation is the nest egg is the home It is their super Yeah, they may have accumulated a couple hundred grand of Super. But when they sell that home, there is their money. There is this for us. Even if we buy the home now. It they're not going to have probably the growth of our parents,
like a million dollar
increase in property price.
Do you think
like he's at home guy like my parents bought it for $86,000 20 years like 30 something years later 1.46 million, and now it's worth 2 million, like if they hold it if they held on. It's worth over 2 million like and so it's but I can't see the growth being the That My house is $6 million and 45 years or something?
Well, that's the whole thing. You can look back. And it's easy to like, look back and be like, Oh, you should do X, Y, and Zed. It's that whole thing of if you invested the cost of a, of an iPod, when the iPod came out, and shares
you always have is that Ryan, John's video you're talking about? Something like that,
that they talked about, like, it's been one of those things like, especially around technology and consumer goods like that, like Tesla. I remember hearing some great advice. And actually how much I'm curious how much Apple stock is worth. So I remember in 2011 being really obsessed with Apple Apple stock, and I think at the at the time, it was around $216 maybe in 2011 what was a lot of money. 2011
Yeah, how much is it was around 60 USD?
How much is it now? 290 494
Yeah, I mean, like the, the amount of growth I gave in it. So that's even more Right, I like it's 80 bucks or whatever, in 2011 is already said.
Yeah, yeah. And then compare that with 280
something. Yeah. I mean
what I wonder what that actually from a growth point of view,
you've got to be into it though. Like you are into tech. Yeah. So you say like, I think this is and so it's so easy to get a bit annoyed when you like it seems so obvious now it's like the biggest company in the world. But if
you if I guess like part of it is if you if you talk the if you get excited about things, it's like man, I love this this and this, rather than spending money on the thing is spending money on the actual button buying a piece of the business. Think about like know, a bunch of people who have bought into the whole marijuana thing, like stocks with this because the idea is like, when it becomes legalised in Australia, it's gonna it's going to pop
it might it seems like it's it's a very obvious it seems like it's obvious, but is it? Yeah. It's so it's interesting. I have sort of lost it
it. I mean, yeah, the fight the financing and trying to work out what the right thing to do is,
like, that's the big. The big question. Yeah, I was thinking about
it's being an employee, you can see the ceiling of your earning capacity. So, you know, like if your social media manager you you've got your wages like may increase 1015 grand over the space and you could move to a executive position. I mean, you have like having a business or investments are really on the way to get super rich.
Yeah. Yeah. Well, I guess the question then becomes like, do you want to be super rich? What does wealth mean?
I mean, super rich, like for I think, even if it wasn't super rich, it's I want to own a home. I want to be able to travel.
It seemed that how many homes there are too low. That's always like I always think about it's like you just drive down and you Straight inside because like we can obsess over homeownership, but then you look at all the houses and it's like, are all these people like happy? Like that's the fucked up bit. Yeah,
I mean look at bullying that half the properties have probably bought 20 years more. Tell him tell him population that they probably thought fact this is a nice area just outside the city. Veneto club just look at get some views of the city
onto it. 97 Have you thought about when you get really old when you 50 plus
all the 50
It's when I said I was
saying what Mark Wahlberg looks like.
Yes, that's what you're that's what you're planning. Yeah. Last thing The reason I said that was because I went like really old and I thought it gets getting a bit silly if I asked you what like you can do in your 80s because I think that's a little bit hard but 50 Yeah, the reason I say 50 is because it's like, you actually, it's you, you've got everything that you still have like you can do everything. It's not like old folks homestyle when you 50 Plus,
you know, you can go to your ability at 50 not a home you can go to retirement village time and it's
at flight 59 get that? Which I
it's a sir. Yeah, your parents are doing it out. And I don't know at some point they will. But it's not it's not a it's not a it's not Yeah, my auntie Maureen has it like in she had a place in play gallery and then moved into a retirement village. And it's sort of trendy as foc right, like, the nice ones or whatever. And it's like, and the funny thing is, I feel like every old person at the place thinks that everyone else is old, but except them.
gave me this emergency button in case I fall
into my Auntie's in one. And it's lovely. I went we went to like a high That they do every month on a Sunday cakes galore. Yeah. And never seen so much great here in my life. Yeah,
just it is there. Yeah, it was. It was a good vibe but I mean I,
I I honestly don't see myself there at all what they're saying I see myself just fucking breaking him on the beach or something
to go to the beach. I guess that the bit maybe that because they're quite a high price point right it's the equivalent of what happy Harry's doing with the student accommodation. In some ways you're paying a product, someone's making cash out of this
thing. A lot of them the way they work. It's a percentage of your net worth Yeah. And so it could be a 30% which is how much you need to give to get your property and then
selling it some of them dependent,
different you buy and then sell and so you a lot of them it's like good to break even get their money back some point.
But in summer minister A lot of money so the facts
like to think about at this point, man we got no money.
says what do you think like when you look at when you 50 plus not old?
what's a day in the life of Mason at 50? Yeah, maybe like a gym swimming sonar in the morning. Yeah. Kids their their kids there but they're probably not the oldest that I mean they're probably like, like 20, almost 20 years old or something like that.
having kids at 30
between 16 and 20 I reckon
that means you having kids in the next six years, seven
years, 10 years is 20.
Yeah, but if you wanted to get it going,
if you said if he said the ages of 16 as long as you fix, that means that you would be on 34 Yeah.
Are you retired?
Now not I gotta retire. So the reality
is most people aren't gonna retire.
like think about what is retirement
look up the definition of retirement is no longer working.
As in you don't you living off the money that you've accumulated over the years, it could be a superannuation, or it could be
some kind of 401k if you're in the US,
and then you actually don't no longer
They definitely doesn't appeal to me. Thank you.
I like the idea What are you laughing at? The just the I don't like the idea of your time and
I think that it would be are you just 100% you just do what you love. Like because you could just set up projects but then also because you're fucking gonna say like, because you're retired like not retired, but you just like older. You don't have have to necessarily worry is as much about like the outcome because you're gonna die eventually we're all gonna die eventually. I mean it depends if you get kids that are family Yeah sure. Maybe that's so I'm imagining
no kids no family or Nanana I'm just imagining like more of a pet.
Maybe you have a pet you can take your pet for a walk dog for a walk.
No. So I recognise I like the idea of community stuff. I like the idea of being like I want to finish your day because I feel like we haven't seen the whole thing because I saw not as you've just described me what you already do,
ya know? So it's I mean, it's probably my perfect day some way like at the beach or something like that maybe like maybe barn by or something like that.
In the barn, bench bar, but
it just looks nice.
Go Yeah, got it, got the family got the kids, gym and sooner in the morning.
And then I mean, you're financially free enough to be able to be doing In a job or doing something that you love doing
don't know what that is
maybe catch up with a few all these just a few
shit she wanted six year olds just
is it high chance was still your boss. So what you're doing is talking about your Wait, wait, wait no I think
there's something funny about like because when probably the different because there's the age gap you feel the age gap now. But when I think you get to 35 daiya and we get to 45 feels less less of a thing. Don't you think you'll still be 60
I feel like with Jules land, he's 40
that's what I was thinking and we're out the other
night and I was and I referenced someone as young bloke and he lost it because he's like, I'm the young bloke and I am the youngest when I hang up With those guys but I've don't feel yeah anymore like it was there was a when I was in my 20s I felt like the young kid being with all these different now I'm it's like your edge close I don't know what happens
when I think that yeah because I was born in 1990 my friends that are born in 1980 when I was like 21 they felt fucking oh yeah yeah but now I feel like this is like getting close by being 29 and the only 30
all of a sudden like if I can don't like it I no joke the other day at a party we're talking about
glasses and then we talked about private health
private health this is this is this is the home banter like you would have
to deal with prime as I know I use it fair bit like you know these glass
God so sorry. So no, yeah, so what do I need to I for now, but I'm excited actually if I can. So I don't want to wish my life away. Yeah, but I think that I'm probably going to be a better 50 year old than I am a 29 year old.
Yeah. I mean, yeah, I have to hope that we've been able to generate something that gives us financial freedom to enjoy it. Yeah. Because I don't want to be factored in. So
I just want to have minimal
aesthetic. Just turtleneck one project turtleneck. Everyday back in
a quickly before we go. Fuck the media of savage speaking barn by Chris Hemsworth he's nice pad up there. He basically just wants Chris Hemsworth life is described it lives near the beach trains every morning. Yeah, drinks, healthy smoothies. I mean, he Chris Hemsworth. has got it dialled in. There was an article by the daily snail that said, Chris Hemsworth, and Elsa, his wife, raise eyebrows with Barbara by locals as a fleet of water trucks for the $1 million God and arrive at the new mega mansion and made bushfire and drought crisis like it's so triggering the saying that they've all they don't have water is living their previous life and they imagine 1 million $1 million garden my
garden it's on on plans, you know spending 19 bucks on
a sculpture, ice water we're like
These are hyperbolic like even the describing anything like putting a price on anything. He's always like, punters love We love getting behind it he that he makes a million.
Anyway, he posted this in the right lights. He said this is a complete lie. Normally I wouldn't respond to false articles like this, but it bothers me a lot the water trucks was purely for drinking water because like everyone in the region who is not connected to town water, we have run out of portable Sorry, potable water due to the drought. None of my garden is fed by drinking water. Thanks for your concern. is fucking pissed? I mean he's in the dress he's $1 million garden. We know he has got it he didn't say that. But
seriously it's one of those little ball water and you love a good ball water a nice sign.
Yeah. When people are triggered Yeah, border and news. I can just go for de Beauvoir.
Well, the sound very soft, very soft or whatever it's going, you know, a recommendation before we go. Morning was
the I've spoken about
the class. The finale was the couple of weeks ago. Very good. The reason I bring it up is because there is it is it emulates life a lot to the point where there is a network ahead of a TV network who's pissed off because the network that he owns did a news story about rich people hiring independent firefighters to protect their properties which actually happened that was the whole Kardashian thing did that where they were basically when the fires were happening in Malibu or what you know those areas Calabasas
yeah they were all
basically paying firefighters which
make sense if you have money why not yeah
and it's and they they saved a bunch of houses around them as well but
what a crazy this whole fire thing all around the world
it's making making me think around the
like the regional living and something you just have to be ready for and so this may have lost his house Yeah. And
yeah being any probably you've been to his property in fact it's it could happen again. Yeah. I asked him about like a fire shelter and he's like, now they're not worth it and you get like a suit only certain amount of time in the shelter. Yeah, without teacher How do you know when to come back up? Fact nice ECC TVs melted. Yeah, yeah, it's no good
studies getting all the buckets ready?
Who's on to Marcia? We could build into all little
brand amplified is her business and she has been a massive supporter and gronk of the Sharia. So enjoy that. And we'll see you tomorrow guys. See you guys