Reading Time: 7 Minutes What’s up everyone! Today, I thought I would share a chapter I wrote in the Complete Aussie FIRE e-book guide recently with 20 of the best and brightest in the Australian FIRE community! Reminder that you can grab your free copy (courtesy of Pearler), right here! Excerpt: Chapter 19: Fuel for the FIRE – Leverage Introduction Ah, debt and leverage. Those two words resonate with us all in different ways. Some people embrace and welcome them with open arms. Others cannot run away fast enough. When applied correctly, leverage is the strategic tool that expands our resources beyond our capital limitations to produce greater results than…
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August Net Wealth Update
Reading Time: 2 Minutes What a difference a month makes, 2nd wave of lockdowns seem to have worked and I’m hoping that things return to normality soon. No big waves on the personal investing front, apart from some rebalancing of portfolios and a couple of big ticket expense items. Although at the macro level, at time of writing – tech stocks have started to take a beating. Fair enough I say, no company can justify 10x of their value in 6 months. My personal opinion is that investing in most tech stocks is speculating on a story, no more, no less. You can read the July net wealth update here.…
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The Frugal Samurai Interview Series – Kara from The Flawed Consumer
Reading Time: 4 Minutes Greetings everyone! Before I start, can I say that I am feeling RE-FRESHED after what has been a wonderful week of RnR. Really needed the time off boys and girls. WHEW. MrsFrugalSamurai took a week off too, so it was great spending quality time together. Raring to jump back into it next week! “Rolls up sleeves and inserts mouthguard”. Today’s post is another episode of our interview series, in which we profile other high flying FIRE bloggers for us to learn about their journey. Please welcome… … Kara from the Flawed Consumer! Kara from the Flawed Consumer Ready? Let’s begin! Hey Kara! How old are you and…
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Role Reversal – We Get Profiled For a FIRE Interview!
Reading Time: 3 Minutes Hey all! Pretty excited today, because today’s post is an extract of a recent “Aussie Millionaires” interview from fellow FIRE blogger “L” from Sustainable Living. The interview is about… us! (By “us”, I mean “me”). Oh and personal finance doesn’t have to mean you give up your social responsibilities, and “L” adheres to this philosophy perfectly with her blend of eco-friendliness and frugality on the path to financial freedom. So make sure you head on over to her site if you haven’t already! Without further ado, here’s the extract: Personal Snapshot Name: The Frugal Samurai Current age: Early 30s. Marital status: Married, no children yet ……
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Complete Guide To Dividend Reinvestment Plans
Reading Time: 3 Minutes Howdy all! Whoa, freezing me proverbials off here in Old Sydney Town at the moment, hope you guys are staying warm! I’m looking forward to next week, as it’s a well-deserved week off work to have some much needed R’n’R. When did life become so stressFUL these days, geebers. Mind you, would have liked to travel somewhere, say the Bahamas… but with COVID raging on, of course that’s not possible. I was actually searching where to go during my week off when an email notification popped-up about a dividend reinvestment plan approaching for one of my shares in the portfolio. What is a dividend reinvestment plan?…
