#519 70,000 Australian Kids Are Already Investing w. Craig Keary

There are more than 70,000 kids' investment accounts sitting on one Australian platform, and it's the fastest growing part of the business. Craig Keary is the new CEO of Raiz, and before that he spent thirty years across HSBC, CBA, Westpac and AMP Capital, plus a stint running Selfwealth. Craig shares what he's seeing across 350,000 active accounts, including what people actually did with their money through the tariff volatility and the Middle East tensions, and whether the budget changed anyone's behaviour at all. We also get into why younger Australians have almost no home country bias, and the habit Craig reckons costs investors more than fees ever will.   WHAT YOU'LL GET OUT OF IT What 350,000 accounts show about how people behave when markets get ugly Why kids' accounts are growing faster than anything else, and what parents are getting right Whether the budget's property tax changes have shifted anyone's investment strategy The generational split between global investors and franking credit hunters Why dollar cost averaging beats trying to pick your moment What investing looked like thirty years ago at 2.5% commissions Whether today's tech giants are just the railways of a century ago The ego problem that quietly wrecks good portfolios   CHAPTERS 00:16  Intro 00:56  What's changed in markets and the world 02:27  Time in the market beats timing it 03:09  What 350,000 accounts actually show 03:44  Why kids' accounts are the fastest growing thing 05:40  Has the budget changed anyone's behaviour 08:12  Gen Z go global, boomers want franking credits 09:30  Why visible progress keeps people invested 10:30  The headlines versus your actual balance 11:48  AI, tech and whether this time is structural 14:19  US stocks coming to the platform 15:19  What investors should get right from here 17:30  Don't chase the trend 19:00  Emergency funds and why they protect the strategy 19:40  Dollar cost averaging and round-ups 21:00  How Craig built his money knowledge over 30 years 22:30  Don't let your ego wreck your investing 23:11  Travel, Waymo and an expensive lesson 23:51  What diversification actually means CRAIG KEARY, RAIZ INVEST Craig on LinkedIn: https://www.linkedin.com/in/craigkeary/   Smarter money moves start here. Learn how to cut through the noise, avoid expensive mistakes, and get ahead faster. FREE 7-DAY MONEY CHALLENGES Pick one and see what changes in a week: https://pivotwealth.com.au/challenges/ WORK WITH US Book a no-strings call: https://www.pivotwealth.com.au/booking More about Pivot Wealth: https://www.pivotwealth.com.au BEN'S BOOKS Virgin Millionaire: https://amzn.to/3VFPPDM Replace Your Salary by Investing: https://amzn.to/3J9Ta8g Get Unstuck: https://amzn.to/3xo0MQG All books: https://www.pivotwealth.com.au/books FOLLOW Instagram: https://www.instagram.com/pivotben TikTok: https://www.tiktok.com/@bentalksmoney YouTube: https://www.youtube.com/c/BenNashPivot Facebook: https://www.facebook.com/pivotwealth/ DISCLAIMER This podcast is for education only and doesn't take into account your personal circumstances. It's not financial advice. If you buy a financial product, read the PDS and TMD, and seek advice tailored to your situation. Ben Nash and Pivot Wealth are authorised representatives of Fish Tacos Pty Ltd, ABN 14 649 248 082, AFSL 533055.