Welcome to SugarMuma's Fireplay

The Two Paths to Investing

Quality and Competitive Advantage

The Value Investing Framework

Debt and Financial Metrics

The Stock Market Auction Analogy

Avoiding Bad Industries

AI and Its Future in Investing

Staying Calm and Patient in the Market

Dividend Investing Strategy

The Telstra Dilemma

The Importance of Growing Dividends

Keys to Long-Term Investment Success

Watching AS Tel

The True Meaning of Wealth

Closing Thoughts and Call to Action

How to Build a Better Share Portfolio (Beyond ETFs & LICs)

Many Australians begin their investing journey through ETFs, LICs and superannuation — and rightly so, it is the easiest and fastest way to being your investing journey and start earning passive income via dividends. 

But eventually, many investors become curious about taking the next step:
How do you actually identify a great business?
What makes one company stronger than another?
How do experienced investors determine value?
And how do you build a stronger, more intentional share portfolio over time?

In this episode of SugarMamma’s Fireplay, I sit down with one of Australia’s most respected value investors, Roger Montgomery, founder of Montgomery Investment Management and author of Value.able.

Together, we break down investing in a way that is practical, beginner-friendly and empowering — helping everyday Australians better understand what makes a quality company, how successful investors think, and the habits that matter when building long-term wealth.

IN THIS EPISODE WE DISCUSS:
The key things to understand before investing in individual shares
How experienced investors research companies
Why share price and value are not the same thing
How to identify quality businesses
What Return on Equity (ROE) means and why it matters
The importance of management teams and capital allocation
Why Roger avoids airlines and certain industries
How to practise patience and emotional discipline as an investor
Dividends vs growth: finding the right balance
The habits that help build serious long-term wealth
Roger’s most important investing advice for everyday Australians

KEY TAKEAWAYS
Successful investing is not about hype or quick wins
Great investing starts with understanding quality businesses
Patience and discipline matter more than prediction
Long-term wealth is built slowly and intentionally
Emotional control is one of the most important investing skills
Great investors focus on value — not noise

ABOUT ROGER MONTGOMERY

Roger Montgomery is an Australian value investor, founder of Montgomery Investment Management and author of the investing book Value.able.

Roger is widely recognised for helping everyday investors better understand how to identify quality businesses and think more intentionally about long-term investing and value.

DISCLAIMER

This podcast episode is general information only and does not take into account your personal financial situation, needs or objectives. Always do your own research and seek professional advice where appropriate before making financial decisions.

💡 Work With Me

Want more support on your financial journey? Here’s how we can work together:
The SugarMamma Budget & Cashflow Academy
Sick of living paycheque to paycheque or feeling overwhelmed by your money?
This course includes aone-on-one appointment with me so I can personally help you.
👉 Enrol here
Money Mindset & Manifestation Mentorship
Join my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here.

📚 My Books

If you’re ready to deepen your financial knowledge, check out my books:
Best Seller:The $1000 Project
**Mindful Money](https://amzn.to/3RV0poc)
Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here

(These are Amazon affiliate links to my own books.)

🌟 Stay Connected & Inspired
Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation
Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood
Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth
Keynote speaking book via canna@sugarmamma.tv
TikTok:@SugarMammaTV
YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views!
Website:SugarMammaTV.com
Don’t forget my other podcast:How Do They Afford That? 👉 Listen here

⚖️ General Advice Warning

While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always:
Do your own research.
Weigh up the pros, cons, fees, caps, taxes, and risks.
Seek professional advice before making financial decisions.

📜 Financial Planning License Details

The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate.

Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).

 

How to Build a Better Share Portfolio (Beyond ETFs &amp; LICs)
Many Australians begin their investing journey through ETFs, LICs and superannuation &mdash; and rightly so, it is the easiest and fastest way to being your investing journey and start earning passive income via dividends.&nbsp;
But eventually, many investors become curious about taking the next step: How do you actually identify a great business? What makes one company stronger than another? How do experienced investors determine value? And how do you build a stronger, more intentional share portfolio over time?
In this episode of SugarMamma&rsquo;s Fireplay, I sit down with one of Australia&rsquo;s most respected value investors, Roger Montgomery, founder of Montgomery Investment Management and author of Value.able.
Together, we break down investing in a way that is practical, beginner-friendly and empowering &mdash; helping everyday Australians better understand what makes a quality company, how successful investors think, and the habits that matter when building long-term wealth.
<hr data-start="2001" data-end="2004">
IN THIS EPISODE WE DISCUSS:
<ul data-start="2037" data-end="2643">
<li data-section-id="1ptikx8" data-start="2037" data-end="2105">The key things to understand before investing in individual shares</li>
<li data-section-id="w2682v" data-start="2106" data-end="2152">How experienced investors research companies</li>
<li data-section-id="1vkjpaq" data-start="2153" data-end="2203">Why share price and value are not the same thing</li>
<li data-section-id="1e945p6" data-start="2204" data-end="2240">How to identify quality businesses</li>
<li data-section-id="5avyyh" data-start="2241" data-end="2295">What Return on Equity (ROE) means and why it matters</li>
<li data-section-id="h2q0g8" data-start="2296" data-end="2355">The importance of management teams and capital allocation</li>
<li data-section-id="1qv9ln7" data-start="2356" data-end="2406">Why Roger avoids airlines and certain industries</li>
<li data-section-id="13mf7ot" data-start="2407" data-end="2473">How to practise patience and emotional discipline as an investor</li>
<li data-section-id="1u5n12u" data-start="2474" data-end="2522">Dividends vs growth: finding the right balance</li>
<li data-section-id="uatqpg" data-start="2523" data-end="2576">The habits that help build serious long-term wealth</li>
<li data-section-id="hv1vcw" data-start="2577" data-end="2643">Roger&rsquo;s most important investing advice for everyday Australians</li>
</ul>
<hr data-start="2645" data-end="2648">
KEY TAKEAWAYS
<ul data-start="2667" data-end="3002">
<li data-section-id="9xcxh6" data-start="2667" data-end="2721">Successful investing is not about hype or quick wins</li>
<li data-section-id="tr99iu" data-start="2722" data-end="2784">Great investing starts with understanding quality businesses</li>
<li data-section-id="43he80" data-start="2785" data-end="2838">Patience and discipline matter more than prediction</li>
<li data-section-id="17p7tuj" data-start="2839" data-end="2891">Long-term wealth is built slowly and intentionally</li>
<li data-section-id="cklnol" data-start="2892" data-end="2957">Emotional control is one of the most important investing skills</li>
<li data-section-id="9fnt61" data-start="2958" data-end="3002">Great investors focus on value &mdash; not noise</li>
</ul>
<hr data-start="3004" data-end="3007">
ABOUT ROGER MONTGOMERY
Roger Montgomery is an Australian value investor, founder of Montgomery Investment Management and author of the investing book Value.able.
Roger is widely recognised for helping everyday investors better understand how to identify quality businesses and think more intentionally about long-term investing and value.
<hr data-start="3406" data-end="3409">
DISCLAIMER
This podcast episode is general information only and does not take into account your personal financial situation, needs or objectives. Always do your own research and seek professional advice where appropriate before making financial decisions.
💡 Work With Me
Want more support on your financial journey? Here&rsquo;s how we can work together:
<ol>
<li><a href="https://courses.sugarmamma.tv/Signup">The SugarMamma Budget &amp; Cashflow Academy</a> Sick of living paycheque to paycheque or feeling overwhelmed by your money? This course includes aone-on-one appointment with me&nbsp;so I can personally help you. 👉&nbsp;<a href="https://courses.sugarmamma.tv/Signup">Enrol here</a></li>
</ol>
<ol>
<li><a href="https://www.sugarmamma.tv/online-courses/">Money Mindset &amp; Manifestation Mentorship</a> Join my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. <a href="https://www.sugarmamma.tv/online-courses/">Get started here</a>.</li>
</ol>
📚 My Books
If you&rsquo;re ready to deepen your financial knowledge, check out my books:
<ul>
<li>Best Seller:<a href="https://amzn.to/3RV0Bnq">The $1000 Project</a></li>
<li>**Mindful Money](<a href="https://amzn.to/3RV0poc">https://amzn.to/3RV0poc</a>)</li>
<li>Motivated Money by Peter Thornhill(a huge inspiration for me):&nbsp;<a href="https://amzn.to/40rn2Vr">Read it here</a></li>
</ul>
(These are Amazon affiliate links to my own books.)
🌟 Stay Connected &amp; Inspired
<ul>
<li>Instagram:<a href="https://www.instagram.com/sugarmammatv">@SugarMammaTV</a>&nbsp;&mdash; money, budgeting, cashflow &amp; motivation</li>
<li>Instagram:<a href="https://www.instagram.com/cannacampbellofficial">@CannaCampbellofficial</a>&nbsp;&mdash; lifestyle, capsule wardrobe fashion, motherhood</li>
<li>Substack Quiet Wealth: <a href="https://substack.com/@sugarmammaquietwealth">https://substack.com/@sugarmammaquietwealth</a></li>
<li>Keynote speaking book via canna@sugarmamma.tv</li>
<li>TikTok:<a href="https://www.tiktok.com/@sugarmammatv">@SugarMammaTV</a></li>
<li>YouTube:<a href="https://www.youtube.com/c/SugarMamma">SugarMammaTV</a>&nbsp;&mdash; over 500 bite-sized videos with more than 12 million views!</li>
<li>Website:<a href="http://www.sugarmammatv.com/">SugarMammaTV.com</a></li>
<li>Don&rsquo;t forget my other podcast:How Do They Afford That?&nbsp;👉&nbsp;<a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235">Listen here</a></li>
</ul>
⚖️ General Advice Warning
While we discuss financial topics, everything shared here is&nbsp;general information only&nbsp;&mdash; never personal, product, or investment advice. Always:
<ul>
<li>Do your own research.</li>
<li>Weigh up the pros, cons, fees, caps, taxes, and risks.</li>
<li>Seek professional advice before making financial decisions.</li>
</ul>
📜 Financial Planning License Details
The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate.
Canna Campbell is an&nbsp;Authorised Representative and Financial Adviser&nbsp;of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).
&nbsp;

Having been a Financial Planner for over 15 years, I have seen first hand how money problems can breed stress. Often, people make wrong money decisions because the world of finance can be intimidating and confusing. This podcast cuts through the jargon and provides practical, accessible financial education and empowerment - so you can build sustainable wealth and help achieve financial freedom. You will also hear real-life success stories from people who have transformed their finances and be empowered by valuable advice from industry experts. So join me for the start of a bold and brilliant financial future and growing community. For immediate access to all my content follow @SugarMammaTV@CannaCampbellofficial xCC

SugarMamma’s Fireplay

How to Build a Better Share Portfolio (Beyond ETFs & LICs) with Roger Montgomery

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/fc3e8602-9210-4f43-a011-b458004b1f57/transcript