Don't make this $700,000 mistake, robo-taxis accelerate roll out & Pimp my Portfolio with Adam Dawes
Mar 30, 2025
auto_awesome
In this discussion, investment expert Adam Dawes shares vital strategies to avoid a costly $700,000 mistake. He sheds light on the rapid advancements in the robo-taxi sector, spotlighting competition between Waymo and Tesla. Dawes also reviews a community member's portfolio, emphasizing diversification and smart ETF choices. He introduces the Strongman Portfolio, balancing growth and defensive stocks, and discusses the power of dividend reinvestment for boosting long-term returns. His insights are a must for any savvy investor!
A seemingly small change in your investment portfolio could potentially save you $700,000 over several decades of compounding interest.
The race for robo-taxi dominance is heating up, with Waymo and Tesla making significant advancements that could reshape transportation and investment landscapes.
Deep dives
Finding the Right Foundation for Your Skin
Selecting the perfect foundation can be challenging, but advancements in technology have made it easier to find a suitable match for individual skin tones and coverage needs. Users can now utilize online quizzes, such as Il Makiage's Power Match quiz, which assist in identifying the right product without the hassle of in-person trials. Additionally, the ability to try a full-sized product at home for 14 days through their 'Try Before You Buy' option minimizes the risk of dissatisfaction. With over 600,000 five-star reviews, Il Makiage's foundation is gaining popularity for its ability to cater to unique skin characteristics.
The Surge in Gold Prices and Investment Opportunities
Gold has seen a significant rise in value, increasing by over 36% in the past year, creating potential investment opportunities in the sector. While gold prices have spiked, the costs associated with mining have not increased at the same rate, leading to larger profit margins for gold miners. This discrepancy often results in the stock prices of mining companies outperforming the gold price itself. Investing in ETFs, such as VanEck's gold miners ETF, can provide exposure to some of the top companies in the gold mining industry, making it an appealing option for investors.
Positive Trends in the Australian Economy
Recent economic indicators reveal that inflation in Australia has cooled to 2.4%, with underlying inflation measured at 2.7%, reflecting a significant improvement over previous months. This decline provides a more favorable environment for economic stability and growth, potentially leading to a reluctance from the RBA to implement further interest rate cuts. As positive economic data emerges, the government is moving forward with a $17 billion tax cut plan, although its immediate impact on individual households appears minimal. Discussions surrounding economic reform are essential as Australia navigates through its fiscal challenges, emphasizing the need for innovative strategies to drive growth.
The Race for Self-Driving Cars: Waymo vs. Tesla
In the competitive landscape of self-driving cars, Waymo and Tesla are emerging as prominent players, each making significant strides in technology and service offerings. Waymo is expanding its ride-hailing service to Washington D.C. by 2026, following successful launches in several major cities like San Francisco and Phoenix, while providing approximately 200,000 paid rides weekly. Meanwhile, Tesla is gearing up for the launch of its robo-taxi fleet in Austin in June 2025, creating excitement but also raising concerns related to market competition. As these companies race forward, the potential implications for the automotive industry and consumer transportation are substantial, with many investors keeping a close watch on their developments.
In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
—------
Equity Mates Investing is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.