Taking back control of your time & money (free FIRE course)

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Australian Finance Podcast 36 min 2 speakers 5 chapters transcribed 3 months ago
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What is the FIRE movement and why is it important?

Owen 0:00
Property investors often talk about using debt to build wealth. In the share market, that's called gearing. With the BetaShares WealthBuilder range, investors can access moderate gearing into shares, and with the newly launched GG-BL, That means exposure to a diversified portfolio of around 1,300 global companies excluding Australia, all with no loan applications, credit checks, or margin calls. Gearing magnifies both gains and losses, so it's only suitable for investors with a very high tolerance for risk. You can learn more about the WealthBuilder range of ETFs at the BetaShares website. And don't forget to read the PDS and TMD to decide if it's right for you. BetaShares Capital Limited is the issuer.
Owen 0:45
Here's something worth knowing if you've been meaning to make the switch to a better broker. To celebrate their fifth birthday, Perla are offering three free trades a month for five months if you transfer your portfolio across with a minimum of $1,000. For anyone investing regularly, that's meaningful savings on brokerage that can stay invested instead. Perla is chess-sponsored, built specifically for long-term investors, and now has over $3 billion invested on the platform. If you've been with a platform that doesn't quite fit your strategy anymore, it might be time to take a look. You'll find all of the details at perla.com slash LP slash Rask. That's perla.com slash LP slash Rask. Thanks for tuning in to today's podcast.
Owen 1:27
Please remember that all of the information in this podcast episode is limited to general information only. That means the information is not specific to you, your needs, goals, or objectives. So you should seek the advice of a licensed and trusted financial professional before acting on the information. And before you acquire or apply for a financial product, please read the PDS or product disclosure statement, which should be available on the issuer's website. Lastly, please keep in mind that past performance is not indicative of future performance.
Owen 2:01
Welcome to this episode of the Australian Finance Podcast and we are talking fire. Kate Campbell, thanks for joining me.
Kate 2:08
Good to be back, Owen. And one of our favorite topics to talk about, we've talked about it a couple of times over the last few years on the podcast, but because we actually just released our brand new Financial Independence Retire Early mega course on RASC education just late December, so most people probably don't know about it yet. And it's free, so that's great. And it will be in the show notes, so we'd love for you to take it. But we wanted to talk a little bit today about how our perspectives on the financial independence movement and that concept have changed over the last few years. I mean, just Owen and I, just the two of us have gone through a lot of changes and I can't imagine the amount of changes all of our listeners have gone through, especially with COVID last year.
Kate 2:50
So I think that's a really interesting thing to talk about how our ideas and what we think of been financially independent looks like now. And I also wanted to share some of the takeaways that we've had from putting this course together because it was quite a while in the making. I didn't quite realize when I started on this how long it would take to put together an online course. But yeah, so we really just wanted to talk about that a little bit and just sort of share the love with the course and encourage you to try it out and give us your thoughts.
Owen 3:19
Yeah, that's it. So let's just double click on that. It's a free course. It'll be in the show notes. We wanted to talk about FIRE in this podcast, but we also want to direct your attention to it. The course is free, free, free. So you can go and take it, just enroll, tell your friends about it. So there's a label on it, which is the FIRE movement. So financial independence, retire early. But for anyone who's followed the FIRE movement, you will know that it's not about, you know, it's not necessarily just a label. It's actually like strategies for saving money, for living a better life.

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