Get the Financial Independence Newsletter
My recent post about gearing my super ended up being a bit controversial.
It prompted some interesting questions about taking risk after reaching FI and whether that’s a good idea or not.
Along with that, came the suggestion that I’m somehow breaking the FIRE philosophy by aiming for higher returns after I’ve reached the point of ‘enough’.
So I sat down and fleshed out my thoughts on these topics, including how I define ‘enough’.
Some of you also wanted more clarity on the strategy itself and my thinking, so I’ve covered that too.
Read: Gearing, Risk, and Defining ‘Enough’
STRONG MONEY PODCAST
Most people assume it takes extreme levels of sacrifice to become wealthy enough to retire early.
Because of that, they don’t even bother trying. Which is sad, because it’s simply not true.
The magic is in what I call The Lost Art of Moderation, explained in my latest podcast.
Listen here on Spotify, Apple, or on the website
Read the article version here
|
|
AUSSIE FIRE PODCAST
There are lots of generally accepted bits of financial advice the average person is supposed to follow.
Some of these are wise and valuable. But depending on who you are, they might not make sense for your situation.
In the latest Aussie FIRE pod, Hayden and I share a few examples of financial advice we disagree with.
The goal is to get you thinking about the context of your life and help you decide when to apply the advice, and when to use your own approach.
Listen now on Spotify and Apple
|
|
THOUGHTS OF THE WEEK
Aussie logic:
Using your savings to invest in 1,000 companies around the world is risky (because it’s the sharemarket). Buying a single asset in one specific location using 90% debt is safe (because it’s property).
I’m not impressed with how much fancy shit someone has. I’m impressed with how much freedom they have.
Most people’s priorities and life direction is a result of what’s simply the ‘normal’ or ‘accepted’ thing to do. The ability to think for yourself – to resist marketing, decide your own priorities and design your life trajectory – is a massive advantage in the modern world.
FREEDOM TALLY UPDATE & THANK YOU
During December, I was able to add 111 years to the Freedom Tally on my website.
It now sits at 678 years! Thanks to two couples and one family, who are now work-optional decades earlier than retirement age.
|
|
I find this number incredibly exciting and it motivates me to keep going. Who says you need to work full-time or be in a serious job to have an impact on the world!?
Related to that, there’s unlimited content out there these days, so I really appreciate you following along and I hope you’re getting value from my articles/podcasts.
I’ll do my best to provide you with interesting insights next year, but until then, I hope you have a great Christmas and holiday period, and I’ll catch you in 2026!
