Finance & Fury Podcast

Welcome to Finance and Fury, The Say What Wednesday edition Today is a special episode – we have another resource page excel tool Question from Nick “I’m sure as a Financial Advisor you are quite aware of the Financially Independent Retire Early concept, but I want to ask this question as it may be applicable to a lot of younger listeners. I wonder how achievable is a FIRE lifestyle? And what other investments exist for long term growth with high yields?”   We will go through both parts: Investments to use Working out how much you will need   Start: FIRE: Financial Independence Retire Early I believe that it is achievable – but how committed is the individual? You probably won’t have access to Superannuation so there is a 2 prong strategy You’d need to accumulate funds personally   Types of Investments: The way I would do it ETFS, Managed Funds, and LICS Steer clear of Large Cap active managers What to do with property? What is the problem with property? Low transaction costs Why investing beats savings