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January is almost over already!
I hope your year is off to a great start.
But maybe you’re struggling with a tough decision, and aren’t sure which direction to take.
To help with things like that, I put together a regular Q&A series to share my thoughts on different topics.
By the way, if you’re new here, these types of articles are hosted over on the Pearler blog under their financial license, so that ASIC doesn’t throw me in jail for talking about investing.
This month we’re talking about:
- Investing vs Lifestyle
- Is Dave ever tempted to sell?
- Can I stop working at 59?
- Should I stop investing and pay down my loan?
- Low-cost active ETFs
- Why shares go up if the market is closed
- Making money online
- Capital gains payouts from ETFs
Read: January Investing Q&A
NEW PODCAST
“Should I invest in ETFs or focus on super… or both?”
People have strong opinions on this topic, almost as much as housing.
The reality is, each option has its perks, but they work very differently when it comes to access, flexibility, and tax efficiency.
In the latest episode of Aussie FIRE, we look at when each option makes the most sense depending on your goals, and how to tailor your strategy to suit the situation.
We also share how each of us approaches super and where it fits into our plans.
Listen now on Spotify or Apple.
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THE STRONG MONEY PODCAST IS LIVE
As mentioned in my last newsletter, I’ve launched my own Strong Money Podcast.
The first little introductory episode is now live, and it explains my plans for the podcast over the next few months.
Listen now on Spotify or Apple.
Find it in your favourite podcast app and make sure you subscribe – there’s 10 episodes dropping next month, starting on Feb 1.
I’m really excited about this project, so I hope you’ll get behind it.
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Side Note: I realise there will now be quite a lot of content going out in each email and it might be a bit overwhelming. I could leave stuff out, but I know many of you enjoy having everything sent to you in one place.
I’m considering switching to a weekly email to make it more digestible. Let me know what you think by replying to this email.
THOUGHTS OF THE WEEK
Everyone wants a big stack of investments to live off. Nobody wants to put in the years to earn, save and invest the money to get it. Tradeoffs aren’t always fun, but they’re a necessary and unavoidable part of building wealth.
My focus on financial independence in my 20s was built on laziness. On the enticing idea of not having to work anymore. I front-loaded lots of work and mental effort so that I could kick back later. It looked like pure ambition, but in all honesty, it was part laziness.
The FIRE acronym is essentially irrelevant. Maybe you retire early, maybe you don’t. It’s all about using money to build a position where you have the time, space, and energy to live a more enjoyable and meaningful existence.
