857
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Episode 85738:21

Winning $60 Million

We chat about the effectiveness of magnesium spray, what we'd do with lottery winnings, letting off fireworks, buying real estate, and lavish lifestyles.

Show Notes

00:16Magnesium spray
07:24What we'd do with lottery winnings
23:18Letting off fireworks
25:48Buying real estate
28:26Travelling to Singapore
32:02Luxury cars in Dubai

At a glance

From this episode’s transcript.

  • –Mason researched a scientific study (via NCBI) on transdermal magnesium absorption and found no definitive evidence it works, despite Tommy's skepticism and Josh's belief in it
  • –The group debates lottery-winning strategies, contrasting giving family members lump sums of cash versus providing assets like paid-off homes, trusts, or experiences
  • –Josh argues that handing people large sums of cash can create stress and remove the value of work and experiences, preferring to fund lifestyle upgrades and travel instead
  • –Commercial fibre internet installation was discussed in detail, including costs (~$700/month with a ~$47,000 minimum spend commitment) and point-to-point wireless as an alternative
  • –Personal anecdotes included Josh's 2014 fireworks incident in Florida and Jess's decision to decline a university scholarship semester in Singapore

Questions this episode answers

Does magnesium spray actually work compared to ingesting magnesium?

The group is divided: Tommy is skeptical, comparing it to placebo remedies, while Josh believes topical absorption can be effective. Mason cites a study (from an NCBI-style research site) stating that transdermal magnesium application cannot yet be recommended, as its effectiveness is inconclusive.

What would the hosts do if they won $60 million in the lottery?

Jess would fund a group trip to Europe and buy a dog; Mason would install a dedicated fibre internet connection; Tommy considered setting up trusts or nest eggs for family via a financial advisor; Josh said he'd buy multiple themed properties around the world (Melbourne, New Zealand, Singapore, US, Europe) rather than hand out cash directly.

How much does commercial fibre internet installation cost in Australia?

Josh explains that a provider like TPG charges around $700 a month for commercial fibre, but contracts typically require a minimum spend of about $47,000, meaning a business needs a long-term lease (roughly 8 years) to make it worthwhile.

#magnesium#spray#supplements#minerals#vitamins#fireworks#house#fibre
Episode TranscriptShow
0:03

Josh: It's The Daily Talk Show, episode 857.

0:07

Tommy: It's weekend banter. Welcome GM Jess and Mr. 97.

0:13

Mason: What's happening?

0:15

Josh: Yeah, yeah, mate, what's right?

0:17

Tommy: Are you— how's your energy, mate? Are you all right, mate?

0:19

Mason: Oh no, I'm all right. I actually— I'm actually feeling pretty good, to be honest, because I mean, I actually had magnesium despite what happened to Josh earlier in the week. I took some magnesium last night and had a relaxing sleep, so Okay, I don't know if it was the 3 tablets, but—

0:36

Josh: Oh, you think, you think that the issue that I had—

0:38

Mason: Potentially.

0:38

Josh: Okay, you talk—

0:39

Tommy: how many did you take, mate?

0:41

Mason: Oh, well, it's a, it's a little powder, so it's about 7.5 grammes that you put into a cup of water and mix it around.

0:47

Jess: Oh, I've got an easy option for both of you.

0:51

Mason: It tastes real naughty.

0:52

Josh: I spoke about this on Fat Friday, Jess. What did you say? You spray?

0:57

Jess: Yeah.

0:58

Tommy: I've got an issue with the spray. I just think that it's like somebody who thinks some sort of herbal painkiller is gonna solve their severed arm pain problem. It's like—

1:13

Josh: But it doesn't actually work, right?

1:15

Mason: Where do you spray?

1:17

Jess: Top of your feet or the back of your kneecaps.

1:20

Tommy: I just, I think it's the, I believe the people that are using magnesium spray are the ones that also think that eating chilli is elevated their metabolism by 10%.

1:32

Josh: I mean, you haven't been in the gym community much of late, TJ, but it's a massive thing. Like the magnesium spray for like athletes and stuff is a really big thing.

1:43

Tommy: Is it got alcohol in it? Like what's the absorption? I'm just trying to work out the intake, like ingesting, over-ingesting it. Like if we look at those two.

1:52

Josh: Well, apparently it's very effective in like the joint, especially if you're training or whatever from a joint perspective, it's actually—

2:00

Tommy: 'Cause we got a couple of athletes on the show, don't we?

2:02

Josh: No, but magnesium spray, no, I'm just, all I'm saying is that the magnesium spray is actually, like it's not a woo-woo thing, like this is, it's actually like a—

2:11

Jess: It's more absorbive if you spray it, not take it, 'cause it, I don't know, like the actual terminology, but when it goes down, it doesn't work as effectively apparently.

2:20

Mason: Well, I mean, it's probably a similar thing for those salt baths. The Epsom salt things. That's the whole point of it, isn't it? Magnesium.

2:27

Tommy: Yeah. Is that what it is?

2:29

Mason: Well, apparently there's magnesium in Epsom salt. That's why people do it.

2:33

Jess: Yeah.

2:34

Tommy: Yeah. Look, I'm sure it does work. I always just think that probably ingesting it like you did, Mace, is probably going to have more of an impact than a little spritz on your skin that you probably end up wiping off because you roll over.

2:47

Josh: But think about this, like, um Think about like hormonal stuff. Like there's stuff I remember Bri had to take something as like patches and it's like, like you can fucking completely change. You can completely change your body based on like something that's topical that comes through the skin.

3:06

Tommy: No, of course, of course. But that's a hormone.

3:11

Jess: Yeah. Hormone.

3:11

Tommy: That's a hormonal. That's a hormonal patch.

3:16

Mason: Oh yeah.

3:17

Tommy: Not a, not a, not a vitamin. A vitamin spray over— honey— a vitamin spray over a hormone patch. There's a big difference, big difference.

3:33

Josh: Okay, I'm not a doctor, but I don't know, I don't know, but I like to experiment.

3:39

Tommy: Yeah, I don't think they're in the same sort of area. You're looking at absorption through skin, which I get. There is like steroid creams.

3:47

Josh: I mean, the thing you— the point that you're making though was "Ah, if you spray it, it would just like fall off and also like, but there's a bunch of medical things that are used." Of course, but magnesium is a vitamin.

4:01

Tommy: Like you're talking about serious, seriously formulated medical products like hormone changing patches or things like that.

4:12

Josh: Which is made up of what? I don't know, like I don't know enough about this stuff, but I feel like you're wrong. I don't know enough to actually argue.

4:19

Tommy: Well, I guess the argument is which one's more absorbent. The one that you ingest like Mace does, or the spray? Which one?

4:26

Josh: What's the definition, Mace? What's the definition of a vitamin? So magnesium is an element or whatever, and so if you think about it, it's like, what is— what's the definition of a vitamin?

4:38

Mason: An organic molecule that's essential, that is an essential micronutrient which an organism needs in small quantities for the proper function of its metabolism.

4:47

Josh: And so, TJ, you can't say that like a vitamin isn't a, um, important thing. Like, it's, it's not like— I did say it was important, but you can't say that there's this distinction between having a vitamin and having like a synthetic drug, because sometimes, like, we know, like, a, a natural thing could be just as powerful as something that's made in the lab.

5:14

Tommy: Yeah, sure, sure. But I just think that intensity of getting one from the skin versus ingesting is probably a lot different. It's probably a lot different. Like, you rub marijuana into your hands, you have to, you have to use, like, heaps of it to feel any effect through the skin before. Or you smoke it and you're stoned in a second, or you ingest it and you're stoned very quickly.

5:40

Josh: But would— I mean, not being a doctor, I feel like, Sevs, you've researched something. What are you saying?

5:44

Mason: Well, so I've, I've just read through an article, Myth or Reality: Transdermal, um, Application of Magnesium. And so this is a study, and this is just in the conclusion.

5:57

Josh: What site is this, by the way?

5:58

Mason: Is this like web, uh, ncbi.org? It's like a— it's one of the US, um, study websites.

6:05

Josh: Okay, yeah, great.

6:06

Mason: It's like, it's like, it's an official study and it's been like cited and stuff. Um, It says, we cannot recommend yet the application of transdermal magnesium. It might be able to get into the lymphatic system beneath the dermis and enter into the circulatory system, bypassing the regulation through the GI tract and hereby increasing serum magnesium. So it could, they don't know, but they don't recommend it.

6:30

Tommy: Look, to be honest, I do it, keep doing it. I grew up with a mom who was all about the sprays and the drops and all of that stuff. And I always just felt like there was more more power in your mind with using these sort of natural remedies than there was in the product itself, which I guess is then—

6:49

Josh: But if a placebo works, that like—

6:51

Tommy: That's what I'm saying, that's what I just said.

6:53

Mason: Yeah.

6:53

Tommy: That it is there. And so if you believe it, you know, achieve it as Tony Robbins says.

6:59

Josh: So magnesium spray will work on me but not you, that's pretty annoying, isn't it? Yeah, yeah. And all I had to do was believe.

7:07

Tommy: And shit yourself. Everything comes at a cost.

7:10

Josh: Maybe I should try and drink it. I wonder what happens if you drink it.

7:13

Mason: It tastes good. It tastes like cordial.

7:15

Josh: No, I meant the actual magnesium spray, but the—

7:18

Mason: Oh, okay.

7:18

Josh: Yeah.

7:19

Jess: Mum's like, no, it doesn't, Mason. That's very soggy.

7:23

Josh: Have you guys, have you seen that someone, one woman in New South Wales took home the Lotto, Tatts Lotto, $60 million, one person. Did you see this?

7:35

Mason: Oh, would be nice.

7:36

Josh: How annoying. Must be nice, yeah. Well, the thing is, it's one of those things where it's like, Bree went and got our coffee this morning and it's the classic. This is 101 barista banter, isn't it? It's the, hear about the person who won Tatts Lotto, what would you do with the money? And so, the barista said, who also owns the cafe, she said that she would give, if she won $60 million, she would give $1 million to each of her family members.

8:08

Mason: Which— Yeah, you have any family members that you'd like to—

8:09

Josh: Exactly. And so, what's everyone's take on this? Let's start with you, Jess. What are you doing if you win $60 million?

8:17

Jess: I would give money away to my family and close friends. I don't know how much, I'd need to work that out, but I'd also, I've always dreamt about this. If I won, I would get everyone and we'd go away to like Europe or somewhere amazing and spend like a month and I'd pay for everything.

8:33

Josh: I am.

8:34

Jess: And I also want a dog, so I'd buy a dog too.

8:38

Tommy: Puppies are really expensive at the moment in quarantine, in lockdown. I know.

8:42

Jess: Yeah, the issue is that I need to buy a house to have the dog.

8:44

Tommy: So there's no issue, you've got $60 million, you've got $60 million, mate, there's no issue.

8:49

Jess: Yeah, this is true.

8:50

Mason: Well, so what's the deal with tax?

8:53

Tommy: No tax.

8:54

Mason: Are you sure?

8:55

Tommy: I'm pretty sure.

8:56

Josh: No, 100%. If it's one—

8:58

Tommy: Trust me, I'm a tartass that's looked into this.

8:59

Josh: It's a I mean, that's really going down the rabbit hole of things. It's winning Tatts Lotto, isn't it?

9:05

Tommy: It's just fucking booking an appointment with, uh, you know, if you're worried about the tax on it, even if they take the 50%, you've still got $30 million. So just play with $30 million at this point. Well, don't worry about it.

9:15

Mason: So you get taxed on your winnings?

9:18

Josh: You do?

9:18

Mason: Oh, sorry, on your earnings. Sorry, on your earnings. So of course, yeah, if you invest it, then yeah, you're getting taxed.

9:23

Tommy: Of course, if you put it in the bank, you pay tax on the interest earned on it for sure.

9:27

Mason: Yeah, yeah. Um, what would I do with it? I'd probably—

9:32

Josh: Do you reckon move out of home?

9:33

Mason: Yeah, probably.

9:35

Josh: That was a joke.

9:36

Mason: Yeah, move out of home and, um, or start paying board. But no, I would, I would probably go through the process of getting fiber, my own fibre connection run to my house. Like, I'd probably purposely find a house that's a little bit— yeah, that doesn't have a fibre connection, and then just go through the process, just because I want my own dedicated line, you know.

9:59

Josh: Mate, you would like this.

9:59

Jess: You're winning $60 million and you're getting a fibre connection.

10:02

Josh: Yes, yes, yeah, yeah, yeah, yeah, yeah. I completely respect that because it will cost about $30, you know, it'll cost about $30 to $40K to get it installed. Oh yeah, there's a guy named—

10:11

Mason: Fiber, Josh, as well, like you don't want anyone piggybacking off it.

10:14

Josh: So yeah, yeah, dedicated line, you want to run an ISP. But the, um, the— there's a guy named Lon, L-O-N, I think it's lon.tv, and he's a dude, he's a dude in the the States, his YouTube channel is great. And he has just, he's just getting fibre and he spent like $20 grand and he's getting fibre installed to his house and he's recording the whole process. And one of the interesting things is, you know, like the power lines that sit above, like, you know, the road. I never think about that. Jess, do you think about the power lines that are above us?

10:52

Jess: Not often, no.

10:54

Tommy: I was thinking about them this week, Josh, 'cause I was looking out and you can't see them behind me, but there is, we've got a nice, we're sort of perched on a hill and you can see power lines.

11:04

Josh: Is there a line that goes from above to your roof?

11:09

Tommy: Yes, yep.

11:10

Josh: Yeah, I find that fascinating, right? And the—

11:12

Tommy: It's old school though, because the new estates are all underground.

11:16

Josh: South Australia, I believe, have no overground power lines.

11:21

Mason: Like, it's all similar, similar to New Zealand. Like, you don't notice it until you're there, and then you have this moment being like, oh my God, where are the power lines?

11:28

Tommy: All the estates in Bendigo, Jess, like all your— where your mates have probably bought their house and land packages, um, you know, they've, uh, while you're grinding it out down here in, you know, Victoria, they, they would all have also power.

11:39

Jess: Yeah, now that I think about it, you're right.

11:42

Tommy: Yeah, yeah. And so the magnesium spray doesn't work either. That's what I just wanted to say lastly.

11:49

Josh: No, the, um, no, on the fibre thing, the, uh, so Lon is getting the install. You've got to go watch the video if you're interested in this stuff. But he, um, uh, they install the fibre on the power line above, so it actually like wrap it or they, they sort of tie it all up. And so sometimes, I didn't realise this, but those power lines can also hold other things like phone lines and fibre and that sort of stuff, which I thought was interesting.

12:17

Tommy: Well, you can tell. So, out the front of our place, the other place that I was living in, some power lines came down and we were like, oh, what are they? We kind of got up a little closer. They were power— they were phone telephone line cables, but they're on the same— they're sort of like below on a set of 4. There's like, yeah, a bunch of different cables.

12:38

Josh: I wonder what's easier. I mean, so this is the thing. So underground, yes, but there it seems like maybe what an initial investment in the underground stuff and then it's good. But seeing how quickly they could roll out the sort of above the—

12:56

Mason: Yeah, for sure.

12:57

Josh: And especially I guess in regional. Yeah, go on.

12:59

Mason: But what if it gets knocked?

13:00

Josh: Yeah, no, no, no. You have to, you know, TJ, you need to work out like this is a place. It's like a commercial thing, like the next commercial property,, that we lease, I've like guaranteed we're gonna get the fibre line.

13:13

Tommy: And the thing is that it doesn't mean we should tentatively have it in our business plan that we could buy that building.

13:20

Josh: No, no, I think the thing, like, so what the, the price of a commercial fibre line at the, at the moment— here we go— is, um, it's about $700 a month. Uh, like, we pay $350 a month for our internet, which is point-to-point wireless. So because we can't, we couldn't get NBN at our office, we have basically fibre that— there's a, there's a building that has fibre that spits over their connection to us via a wireless technology, which is point-to-point. But the annoying thing is it's like, it's affected by weather and things like that. But that's like the part of the technology that a lot of like schools and things will use nowadays to like connect up campuses or that sort of shit. Anyway, The thing with fibre from a commercial perspective is like TPG will do it for you, but, and it's like $700 a month. But then if you look at the contract, it's a minimum spend of $47,000 because you need to, um, you need to have the install for a long time. So if you've got a lease and you know that you're going to be there for, I think it works out to be what, maybe 8 years or something is the, the life of the contract. It's definitely worth it, like having a gigabit. Like all the co-working spaces, they have it all, but they end up fucking—

14:40

Mason: even a gigabit, like it's also like the— that's the opportunity to also go to, you know, 4 gigabit a sec, like, you know what I mean?

14:47

Josh: Yeah, definitely.

14:48

Mason: So like it's, you know, and, and think about like 8 years time, you're absolutely going to be unlocking that speed. Like they'll be offering that sort of thing.

14:55

Josh: So yeah, it would be nice, wouldn't it? I mean, Jess your eyes are glazing. What's your interest in this?

15:03

Jess: Like zero.

15:04

Josh: Okay.

15:07

Tommy: Yeah, that's privilege though, Josh. Anyone who just would— she would take the 1 gigabit, oh definitely, like a champ. And she'd be like, this is, mate, yeah, yeah, yeah, yeah, yeah.

15:18

Josh: You'd brag about it. You'd be like my dad texting all these mates, you know, speed test on there.

15:23

Jess: Most of my friends are running like 20 gigs a month or something. I've at least got unlimited NBN.

15:29

Josh: Okay, yeah, so I mean, you're talking at this point about, yeah, like, uh, download data limits, which is a little bit different.

15:35

Jess: All I need is for my Netflix to work occasionally and to do my job, and that's it, you know.

15:41

Tommy: Yeah, but you'll be able to do your job real quick. Think about it, you've got—

15:45

Jess: it doesn't affect me.

15:47

Josh: Well, it affects us.

15:49

Tommy: Yeah, and you need to support us, please. Yeah, so, okay. Sebs, you just focus on internet with your $60 million.

15:56

Jess: I'm so disappointed in you, Nick Mace.

15:57

Tommy: I'm not gonna lie. I've thought about this, about getting the opportunity, like the chance of ruining a family by just giving out cash, you know, it could go pear-shaped. What about you bring on a financial advisor? Say like we know Barefoot. I give Barefoot a call and go, mate, just want $60 million. Can you tell me some investments or some areas where I could take the money that I'd give to, say you set aside a million bucks for every family member, but then you put it into something where it's like, this is your nest egg. Now you don't have to work or you are going to receive the— Yeah, you could, but then, so you set up each individual, you could do it as a trust, but what I'm only there for would be like, mate, You're gonna need some big fucking buckets.

16:47

Josh: Let's do this, dude.

16:50

Tommy: It would go wild.

16:52

Jess: Yeah, yeah, but unlock like the next level of buckets.

16:54

Josh: Oh yeah, I didn't tell you about this. This is the truck.

16:57

Tommy: You gotta carry these fucking buckets on a truck.

17:01

Josh: You need some fucking silos. That's what you need.

17:04

Tommy: No, but so you, you, you make an investment or you buy a home that is in their name, but they can't sell it. It's just in their family, but then they have free accommodation. So you're doing like just the puppeteer, you know? Yeah, no, but no, no, it's there, but you've just, you know, you've purchased it for them. And then, Jess, I thought like the— imagine a superyacht in the fucking Mediterranean with your mates. You got 30 of your friends, you get a chef. Oh, superyachts, Josh is spewing over the side.

17:36

Josh: I don't know, like, I don't— to be honest, like, you'd buy a chef though. I was Buy a chef. Yeah, yeah, no, I know. But I was talking to a mate who's got a bit of money and he was saying like, you can basically do anything if you want to burn your money really quickly. Like boats and planes are the main thing, right? Like if you take out a super, like if you remove the superyacht thing and you remove the like private jet thing, It's just like, what else can you burn your money on?

18:09

Tommy: Cars, I guess. I think boats are one of the things that if you're not into boats and you have a superyacht, you've probably got a real issue with just burning money up because I reckon I would live on a boat for a good 6 months easily.

18:25

Josh: Do you reckon you would cook more? Would you eat more fish that you caught?

18:31

Tommy: I'll tell you what, mate, I would need magnesium spray from the backflips I was doing off the side of that fucking boat and the jet skiing that I'd be doing. I would believe in magnesium spray at that point. No, but I— you, you gotta love it. Like, you'd have to like— you'd have to like boats to, you know.

18:47

Josh: Do you love boats?

18:48

Tommy: I like boats enough to get one. I've got my boat license. I could drive the superyacht.

18:54

Josh: Could you?

18:54

Tommy: I love jet skis. Yeah, yeah, yeah, you can. Hang on, Seb, can you look this up?

19:00

Jess: Probably would, but you wouldn't be able to.

19:02

Tommy: I couldn't. No, I couldn't.

19:03

Josh: Could you physically drive a piano? Cruise?

19:07

Tommy: Look, no, no, no, because it— no, no, guys, I know you're trying to make fun of me here, but I know my rules. And if it's a commercial vessel, if it's a commercial vessel, I cannot drive it. But I can drive up to like a 100, 150-foot boat or something. Look it up, Seb's, uh, boat license. What's the—

19:26

Josh: Tommy Jack can drive in Google?

19:29

Tommy: Yeah, yeah, it will come up. And I'll be humbled if it's not a superyacht. What? Anything? Anything?

19:37

Mason: I'm just scrolling through.

19:39

Tommy: It's— yeah, it's big.

19:40

Josh: What do you know about weather?

19:41

Jess: Having your boat license.

19:43

Josh: I'm sorry, what do you know about weather?

19:47

Tommy: Oh mate, I know good from bad.

19:49

Josh: What sort of clouds? Name 3 different types of clouds.

19:54

Tommy: Absolutely no idea. Why do I need to know clouds?

19:57

Josh: Well, like, I believe I've watched La Vagabonde, which is like this couple that sails around.

20:06

Tommy: You got married to them for a little while.

20:07

Josh: Yeah, and they— weather is a big thing, like understand it, but then also understanding the currents and like maybe a little bit different being a superyacht, but I still think relevant.

20:20

Tommy: 100%, but I mean, I would be the guy flexing driving out of the port in Mykonos and then Frederique, my Spanish you know, head sailor would fucking jump in and I'd tap him on the bum and say, good work, buddy.

20:36

Josh: Yeah. You could even get like a weather specialist.

20:40

Tommy: Oh, dude.

20:41

Josh: What about Bun from Channel 7? She could be on your boat. Jane Bun.

20:46

Mason: Jane Bun.

20:46

Josh: She could be your official weather person.

20:50

Tommy: I feel like Jess has opinions on Jane Bun.

20:52

Jess: What do you think?

20:54

Josh: I'm very silent with the terrain. What were you gonna say about the boat licensing, Jess?

21:05

Jess: The best thing is that you can drive a jet ski.

21:08

Tommy: Well, unless you— No, you need to get your PWC, power watercraft. And that's the only reason I got my fucking boat license. You need one to get the other. It's a dual course. And so, I think I've used it once in about 10 years.

21:25

Josh: And so, like you're getting that—

21:26

Jess: On that occasion that you have one.

21:27

Josh: Is it the equivalent? I'm definitely not underplaying what you've got, TJ, but is it like someone who gets their pilot's licence to fly a drone that then tells all their mates they could fly an aircraft?

21:41

Tommy: No, no, no, 'cause you can't— You can fly a drone without a licence. You can't drive a boat without a licence. Like, you're not allowed. It's illegal. There are some that are like—

21:51

Jess: Yeah, the thing is you have to learn how to— It's like driving a car. Like, you don't know how to do that, but you've got your licence when you go out. Bloody hard driving a boat, like, because the fucking currents, like, take it.

22:02

Josh: But also, what about, like, ridiculous—

22:05

Tommy: so you can get your— you can get licences for a lot of things and be completely inept at the, the skill set to be able to do it. So you could get a truck licence and then forget everything in the truck driving, you know, test, and then be out on the road driving a semi-trailer.

22:24

Josh: Scary. And so, TJ, anything that— like, any fun facts that you know about boats that you can teach us through having your license? Nah, to be honest, I forgot all of it.

22:37

Tommy: Literally forgot all of it. Literally forgot all of it.

22:40

Josh: It would be great to get, uh, like pyrotechnics. I've talked about it a lot. I went down the rabbit hole of inquiring about getting my pyrotechnics license, but Yeah, you have to do a lot of— you have to basically work as an apprentice on one of the, um, like for instance, like say the New Year's Eve or whatever, you have to go and it's all very fucking like manual, like, you know, like it's a computer, like a lot of it's like it's all activated through like computer systems, but there's the bullshit in it of having to like fucking get on you, like get down and fucking It seems dangerous.

23:18

Jess: Have you let fireworks off before?

23:20

Josh: Yeah, yeah, yeah. I actually, um, when I, uh, was in the US in 2014, Nay-san and I were in Florida and there was a big fireworks place and we went and we bought like $40 worth of fireworks. It was a bunch of fireworks and, um, we then looked up the rules of where we could let them off. And it turns out that it was only for, um, like farming. It was for, uh, like scaring birds and things like that. But they're full— but the way that they sell it in is it's like you can just do it. And so we then went around to the sheriff's department. This is at like 9 PM. And, uh, like went there and we're gonna knock on their door and say, hey, we've got these fireworks, what can we do? And none of them were there. And so we called them and I said, "Hey, g'day." I put on like my Australian accent. I said, "G'day, my name's Josh. I've just bought some fireworks and I'm wondering where I can let them off." And they said, "Oh, you can only do that for agricultural purposes." I said, "I've already bought them though." And he said, "Okay, well just find a spot." He said that, he didn't have an Australian accent. He said, just find a spot where there's not many people and you can let them off. And so we went onto the side of the road and it was actually for Bree's birthday, which is such a— so it's like Homer buying a bowling ball. It's like, Bree, I've got fireworks, we're gonna let them off, I'm gonna film it and send it to you for your birthday. And so I couldn't drive because I was under 25 and we had a leased car So we're on the side of a highway, I'm in the passenger seat filming as Nate. And the other thing is we thought Naysan should light it as well because he was a US citizen, so he wouldn't be deported if we were to get in trouble. Whereas if I'd lit them, just being a traveler, I would have potentially been deported. So anyway, Naysan left it, and then I've got footage, we can put it on the Instagram because it's me laughing in my high-pitched voice as we, um, as Naysan drive. I'm like, quick, quick! And then Naysan's driving off as you just see fucking like fireworks going off on the side of the highway. It was fucking sick.

25:43

Tommy: That is right.

25:44

Josh: So yes, I love them. I sort of lived with fireworks before.

25:48

Tommy: And what would you, what would you get, Josh, with your money, your winning?

25:51

Josh: Uh, yeah, what would I get? I think I would probably, um, from— I'm not much of a real estate guy in the sense of like thinking about it from a market and selling shit and all that sort of thing, but I think that I would just get a nice place, Melbourne, somewhere in New Zealand, somewhere West Coast of the, like I'm talking probably spending about, I think like main home in Melbourne, spending around—

26:22

Mason: Couple mil.

26:22

Josh: 3.5 to 4 mil, and then spending about 1.5 to 2 on One in New Zealand, so 1.5 in New Zealand somewhere, somewhere where there's like nature. It's almost like a bit sort of holiday like vibes. Somewhere in, maybe somewhere like San Diego would be nice. East coast of the US as well, close to New York, probably somewhere like Hastings-on-Hudson where Seth Godin lives. I like that sort of area where it's all sort of like leafy and and nice, I'd buy somewhere there. And then you would obviously need somewhere in Europe and Asia. And so I think—

27:08

Jess: How are you maintaining all of these houses? I just feel like you're just losing money at this point.

27:12

Josh: Well, so that's the gift. No, so this is the gift. So I'm not giving anyone any money, but basically I think I'd probably get a place in Singapore, to be honest. You've been? Never been. No, I've been in the airport.

27:24

Tommy: It's good, very clean.

27:25

Josh: I've been in the airport.

27:26

Tommy: So good.

27:26

Josh: I just feel like it's got that sort of, bit of a hub vibe. But yeah, the thing is I wouldn't be doing a thing around like giving all of my family cash, but it's just like I would just try and organise that, you know, we've got these houses and it's like you can stay, I would have a calendar system, you can book in, I would basically become a Hilton.

27:50

Mason: Calendly, you'll just have Calendly so you can book in your slot.

27:55

Tommy: Wouldn't that be like, speak to my fucking PA, do not call me.

27:58

Mason: Yeah.

27:59

Josh: And so the thing is like, yeah, I mean, you're probably spending out of the $60 mil, I'm spending around $15 mil on these properties. And depending on, you know, I think that for somewhere like Singapore, you'd go an apartment where, I don't know, like—

28:16

Tommy: Be expensive. Singapore is expensive. Good internet, but—

28:20

Josh: There's a bunch of tech companies that like set up there. Like I think they were doing a lot of incentives back in the day.

28:26

Tommy: We should, when it is open, we should do a team trip to Singapore because you can get cheap flights and yeah, I reckon it'd be great, fun.

28:36

Jess: What's the appeal of Singapore?

28:38

Tommy: Have you ever been?

28:39

Josh: No.

28:40

Tommy: It's close, so it's like—

28:42

Josh: He wants to know how much he can bullshit.

28:44

Tommy: 6 or 7 hours, yeah, yeah, yeah. 6 or 7 hours. I mean, it's purely like driven for You really feel poor when you go to a place like Singapore because you see the people that have the money and you've got the shopping centres with all the great places, but the food's really good. The markets, like you go to the sort of dingier vibe markets that have the street food, but the streets are completely clean, Jess. It feels so safe. There's no rubbish anywhere. You know, it's beautiful when it lights up at night. You're seeing all the, you know, it's the small city. It takes like 45 minutes to drive from one side of Singapore to the other. Like it's small, it's really small.

29:25

Josh: One of my favourite buildings as well.

29:27

Tommy: Yeah, oh, the buildings there and all those like tree—

29:30

Mason: the tree things with the—

29:32

Josh: oh, the—

29:33

Mason: and like that inside garden that's like—

29:34

Josh: what is the tree thing?

29:36

Tommy: So Marina— like Marina Bay Sands. Um, have you seen Crazy Rich Asians, Jess?

29:43

Jess: Um, I started watching it but I didn't finish it.

29:46

Tommy: Watch Crazy Rich Asians and that's what it's like. So there's There's a—

29:50

Josh: Well, she didn't finish it. This isn't looking good for Singapore, is it, for Jess?

29:54

Jess: Which, you know what? I won a scholarship to go and do a semester there at university. I won a bunch of cash.

29:59

Josh: Oh, really?

30:00

Jess: And then I declined it.

30:01

Josh: You declined it? The Bendigo girl couldn't handle Singapore. What was the deal?

30:06

Jess: I was living in Melbourne then, but I just— I mean, the money was great, but I would have had to have forked up a lot more money to like stay there for a bit for a semester.

30:18

Josh: So Was that through your uni or something? Or what was that?

30:22

Jess: Yeah, through uni.

30:23

Josh: Oh, that's cool. I feel like if I was to have ever done the whole university thing, I definitely, I remember when Bri and I, 2 years ago, were in Boulder, Colorado. It's a big college town. And I was just saying to Bri, I'm like, I could be a college student here. She's like, oh, I was like 28 at the time. She's like, you're 28, just fucking grow up.

30:47

Jess: You know?

30:47

Josh: Missed your chance.

30:48

Jess: Yeah.

30:50

Josh: But, um, now the— yeah, Singapore. But the KL, uh, in Malaysia, I love KL. Um, I've really fond memories of like, um, I've only been there once, but it was like a very— like, I really thoroughly enjoyed it. And I hear that Singapore has similarities to KL, but just a bunch cleaner.

31:12

Jess: And so, and probably less, um, political and Yeah, yeah, shit going on. Exactly.

31:18

Josh: I mean, that's the thing, it's like Dubai is, um, you know, I follow Chris Fade who's on Virgin Radio.

31:28

Tommy: He's really famous over there, dude.

31:29

Josh: Yeah, it is crazy, isn't it? He's got Fade Fit, he's got his like balls, he's like, he's always doing shit and he's fucking like, see, he was at a hotel and someone asked for his autograph and shit. Yeah, like a radio personality.

31:41

Tommy: It's pretty cool. Australian dude though, Jess.

31:43

Josh: An Aussie guy. Um, and so he, uh, he's always talking about how safe it is and all that sort of thing. But the thing is, I think that similarly with Singapore, TJ, it is that like when Bree and I went there, you do feel a bit pov. Like there is a lot of bling bling, a lot of like, uh, there's a whole— if you look up, um, luxury cars abandoned Dubai.

32:10

Tommy: Oh, I love that.

32:11

Josh: It's a real issue, real issue.

32:12

Tommy: You'll see, there's like dusty Ferraris. It's like a car lot full of dusty old supercars. Oh my God, it's, it's crazy. It's crazy. Yeah, I mean, those, those places are driven by the sort of elite, like that Crazy Rich Asians. In that movie, there's the family that this guy is from is one of the most rich families in Singapore. And that's like, and you just see the kids and the cars they drive. And I mean, yeah, you just don't like it.

32:44

Jess: That's the lifestyle I should have been born into.

32:46

Josh: So do you think, do you like the idea of me having places, good idea or bad idea?

32:54

Jess: I wanna know why you don't wanna give people money. Like what's the justification? I assume it's because you don't want people to get greedy.

33:00

Josh: No, no, no, no, it's not about that because no, I think, and maybe this is like, so money, I think money is just as the transaction doesn't necessarily enable a better life. And so I think being aware of that, I don't think I'd be doing crazy shit. Like if you think about, I'm not talking about fucking like anything crazy, it's like, buying places and all that sort of thing. So it's like an uptick in a lifestyle. So it's increasing lifestyle, it's increasing the, um, I think the thing is experiences. Like so much of life is about experiences. And so if I give people a bunch of cash, I think that potentially it creates more stresses because it's like, okay, what am I going to do with this money? And what am I going to— and potentially put it in areas where it's not going to add to the life. And so the thing is that most people want to, or like, get a lot of value from working, from doing all of these sorts of things. And so the aim of the game isn't to fucking like get all of— like, people who retire, unless you've got some fucking good hobbies, you end up dying young. And so the thing is, it's like the aim of the game isn't to like be like, Mum and Dad doesn't have— don't have to work another day in their life. Like, they get to fucking just take more leave, go away, do cool shit. So that's my justification. Does that make sense, Jess, or do you think I'm ill-informed?

34:30

Jess: No, I like, I like that justification. I'd like to add to it if that's okay. Yes, because people might need like petty cash for these trips and that kind of thing, and like some nice lifestyle, some lifestyle changes which you'll need to divvy up some cash for, but I feel like you could do that as a case-by-case basis.

34:50

Josh: Do you? I mean, the thing—

34:52

Mason: Do you reckon? But if they're getting a house for free, surely the cash—

34:54

Tommy: No, they're not getting a house for free, Josh.

34:56

Josh: Yeah, they are. No, they're not paying for the house.

34:57

Jess: No, they are.

34:57

Tommy: They're staying at Josh's house. No, they're getting rent. They're getting free accommodation, which is—

35:01

Mason: Exactly. So they're getting—

35:03

Jess: Flights, food.

35:03

Tommy: Yeah, of course.

35:05

Josh: But so the food thing, like I think there's definitely like the opportunity, especially, I mean, I don't know if this is too luxurious, but you could be supporting small businesses where you've got like, at that point, if you've got that many properties you're needing to sort of maintain, so you like support it, you've got like a cleaner for each one, you've got like, but potentially it's like an Airbnb. Every place is like, this is our favourite Thai place here, and there's this like, it's like a bit of a community vibe. You sort of, I would finally start speaking to my neighbours What about libraries?

35:40

Mason: Would you, would you have your own library in each of them?

35:43

Josh: So what would happen is—

35:44

Mason: across—

35:45

Josh: no, no, no. What would happen is every, uh, every location would have a specific sort of theme. Not in like a tacky, like, oh, we've just entered Hawaii, guys, put on the lei. Um, but in like a, uh, so this area, this is about adventure and like, uh, whatever it is. And so then you'd have— I would get books from, uh, you know, secondhand books on those specific things. And so for instance, if you're in San Diego, San Diego, there would be stuff that's geographically specific. So it's like San Diego, like, um, over the years or whatever it is, or like an old like encyclopaedia of that, or even having, uh there would definitely be a place I think that would be my creative writing home or whatever, and that home would have more stuff around like typography and like letters and like text.

36:45

Jess: That's a Bill Gates vibe.

36:47

Josh: Does he do that? Does he?

36:49

Jess: Yeah, he has a, he has a place somewhere, I don't know where, but he goes away for a week, he disconnects from everyone including his wife and sits down and writes everything and reads everything. And just that's his like decompression kind of time.

37:06

Mason: That's what he calls it, a think week.

37:08

Josh: Think week. I like that.

37:12

Tommy: All right guys, I've got to— the plumber's here.

37:14

Jess: Who's in your bath?

37:15

Josh: Yeah, I thought it was the plumber.

37:17

Jess: All right, creepy ass. This is our horror movie stuff.

37:20

Josh: Yeah, it's the Daily Talk Show. Maybe we'll see everyone in the one of the places. Europe.

37:29

Tommy: Europe or Singapore.

37:30

Josh: We didn't lock in what place in Europe. A lot of people would say Barcelona, but there's just too much sort of political stuff going on. Yeah, but London.

37:38

Jess: Paris, please.

37:39

Josh: Sure, Paris. I'm not like a— People fucking love Paris.

37:44

Tommy: I love Paris.

37:45

Josh: People love Paris. I don't like, I'd probably be more likely to go south of France, go somewhere like Nice than I would with Paris. Anyway, glad we've got that sorted. Hi@thedailytalkshow.com.

37:55

Jess: Tonight, by the way.

37:57

Josh: Uh, well, where to? Oh, to the lotto, or for the lotto.

38:01

Jess: We need to— we're all going in if this is what we're giving each other, except for Mace. You can just—

38:05

Tommy: hey, should we start doing— should we start doing a show, a show ticket where we do it for the girls?

38:12

Josh: How it all breaks up?

38:14

Jess: Yeah, that would be a nightmare.

38:16

Tommy: That's a nightmare.

38:17

Josh: All righty, uh, enjoy, uh, your Saturday, and we'll see you tomorrow, guys.

38:21

Tommy: Have a good one.

38:21

Mason: See you guys.

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