40. FI case study: "How can we retire as soon as possible?"
With a name like “Aussie FIRE”, you’d expect that this podcast would be all about retiring early.And, to be fair, it sort of is.However, the world of Financial Independence, Retire Early is crammed with concepts that can sometimes feel far removed from the goal of early retirement. That’s why this episode’s case study is particularly refreshing.The case study itself is jam-packed with facts, figures, and proposed investing schedules. For the sake of the episode description, we’ve whittled it down to the following:“We’ve recently started on our FIRE journey. How can we reach early retirement as soon as possible?”As always, the answer to this question will differ depending on a range of factors. Even so, by listening to Dave and Hayden do the maths around this case study, you may well find some ideas for your own FIRE goal.FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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39. Q&A: Property vs shares, debt recycling, and the downsides of super
You want to know the best thing about the Q&A format? It delivers what it promises. People ask questions, other people give answers, bing bang boom.Now, do you want to know the best thing about the Aussie FIRE Q&A format? The answers are almost always awesome.In this qanda to end all qandas, Aussie FIRE hosts Dave and Hayden field queries on some of this podcast’s most popular topics. Shares vs super? You’d better believe it. Debt recycling? There’s enough here to impress Tony Soprano and Captain Planet (experts on debt and recycling, respectively). The downsides of super? No investment vehicle is all upsides, and Dave and Hayden will prove it on the super front.Every question has an answer – and this episode sure does provide some of them!FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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38. Geared ETFs, margin loans and NAB Equity Builder
In the past, this podcast has delved into the practicalities and potential perils of using leverage to invest in shares. And in our completely unbiased opinion, it was a brilliant delving. However, the episode in question focused on using home equity. In doing so, left an unanswered question: how can renters or those who don’t like the home equity method, use leverage to invest?In this session, Dave and Hayden explore non-home equity channels for leverage in investing. From geared ETFs to margin loans and everything in between, the FIRE-namic duo share their thoughts. So, pour yourself a beverage and hear about leverage!FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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37. FI case study: "Should we buy more property or invest in shares?" Plus investing with ChatGPT
Who doesn’t like a good Aussie FIRE case study?That wasn’t a rhetorical question, and we’re going to give you an answer.Monsters, that’s who.…okay, so maybe that’s a bit harsh – we’re sure there are upstanding citizens out there who don’t like Aussie FIRE case studies – but we have a feeling that YOU’ll like this one.In this session, Dave and Hayden field a question from a listener whose experience mirrors Dave’s. As per usual, we’ve oversimplified the question below so it fits into this episode description:“My partner and I own our home, and we’re thinking of living overseas for a few years. Before we go, should we focus on saving up cash, buying an investment property, or debt recycling into shares?”While there’s no universally right answer, Dave and Hayden weigh up the potential pros and cons of each choice. After the case study, they also delve into a presently trending topic: is there any value in using ChatGPT for investing?FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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36. Using leverage in the share market
You may well have heard the (correct) adage that investing carries risk. And if you’ve ever missed a mortgage, credit card, or BNPL repayment, you’ll be familiar with the risks of leverage. So, if they’re both risky, are there any circumstances in which it would make sense to combine them?In this Aussie FIRE episode, Dave and Hayden discuss this exact topic. Join them as they cover leveraging strategy, debt options, and key points to consider. While using leverage for shares investing isn’t for everyone, this session may help you decide whether it’s right for you.FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
About Aussie FIRE | Financial Independence Retire Early
The Aussie FIRE podcast is the ultimate guide to Financial Independence for Australians. Having started life as an e-book, then an audiobook, it's now reached its final form: a podcast that will keep on giving.The Aussie FIRE audiobook is brought to you by Pearler, Australia's favourite long-term investing community; and Dave Gow, the brains behind Strong Money Australia. Each episode explores a different aspect of Financial Independence, so stay tuned for new releases!https://pearler.comhttps://strongmoneyaustralia.com/DISCLAIMER: We’re big fans of sharing experiences and talking about money. However, please note that any advice is general, and does not consider your financial situation, needs, or objectives.Consider whether it's appropriate for you, and if in doubt, speak to a licensed financial adviser. Hosted on Acast. See acast.com/privacy for more information.
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